The Godrej Consumer stock declined by 4% on Wednesday, making it the biggest loser in the Nifty FMCG index. Investors evidently don't like the management change announcement. Liste ... Read more
Shares of IndusInd Bank rose more than 7% on Monday, making it the biggest gainer in the Nifty bank index. Why is there a sudden optimism with this stock? The main reason is that t ... Read more
India’s largest lender, State Bank of India sounded optimistic on delinquencies in a year when every other bank is predicting a surge in bad assets. The coronavirus pandemic is exp ... Read more
In the week that global rating agency Moody’s downgraded India’s rating, the Nifty 50 index has reclaimed the 10000 marks. The index is now almost 33% higher since its lows on the ... Read more
After a little over two months, the withdrawal of the government of India’s strictest lockdown has brought cheer to the equity markets. The Nifty 50 index increased by about 2.6% o ... Read more
Pharmaceutical companies have been a bright spot amid a general gloom during this COVID-19 pandemic. The Nifty Pharma has been the top-performing index in 2020. It has given a 20% ... Read more
The lockdown imposed to curb the spread of COVID-19 pandemic has meant that borrowers are unable to repay their loan instalments on time. Banks have given a six months moratorium b ... Read more
Bharti Telecom, a promoter of Bharti Airtel, has sold 152 million shares for about Rs8,500 crore in a block deal on Tuesday. This will help Bharti Telecom repay its entire debt wor ... Read more
The RBI has reduced its policy rate by 40 basis points. It has extended the benefits of loan moratorium and working capital interest deferral to 31 August. In short, if you are a b ... Read more
Bharti Airtel and Jio’s March quarter results were strikingly different. There was hardly any sign of the December tariff hikes in Jio’s results. On the other hand, Bharti Airtel’s ... Read more
