Latest Stock Market News

Rate this item

(1 Vote)

Steel Authority of India (SAIL) reported a 66% drop in standalone net profit at Rs 142 crore for Q3FY25, compared to Rs 422 crore a year ago. Revenue rose 5% to Rs 24,490 crore. Expenses increased, and profit after tax fell 84% sequentially. SAIL Chairman emphasized a focus on boosting production and addressing import issues amid challenging market conditions.

Rate this item

(1 Vote)

The Indian rupee strengthened by 64 paisa to 83.83 against the US dollar, marking its largest single-day gain since November 2022 due to significant intervention by the Reserve Bank of India. This move caused speculative dollar selling and stop losses for those expecting further depreciation.

Vodafone Idea s net loss narrowed to Rs 6,609 crore in Q3, driven by tariff hikes that boosted ARPU. However, the telco continues to face challenges with subscriber losses, now below 200 million. Investments and phased 5G rollout plans are set to accelerate in the coming quarters.

Rate this item

(1 Vote)

Gold prices edged lower as investors took profits following a record high, but future uncertainty amidst President Trump s new tariffs kept a bullish sentiment. The market is seeing some corrective pressure, with attention on U.S. inflation data for clues on interest rates which could influence gold s appeal.

The U.S. president has no legal authority to remove a member of the Board of Governors of the Federal Reserve System, Fed Chair Jerome Powell said on Tuesday.

IRCTC Q3 Results FY25: Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 14% growth in its December quarter standalone net profit at Rs 341 crore versus Rs 300 crore reported in the year ago period.

Several Nifty500 companies have achieved over 80% profit growth, marking their highest quarterly net profits in 10 quarters. This signals strong financial performance, effective management, and favorable market conditions.

Rate this item

(1 Vote)

Snapping the seven-day winning run, gold prices declined by Rs 200 to Rs 88,300 per 10 grams in the national capital following selling by stockists amid a bearish trend in global markets.

Rate this item

(1 Vote)

US stocks: Wall Street s main indexes opened lower on Tuesday, as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on inflation in the world s biggest economy.

Indian markets plunged on Tuesday after Trump hiked tariffs on steel and aluminum imports. Sensex fell 1,018 points, Nifty dropped 309 points. Analysts see weak trends but anticipate potential recovery near the 22,900–22,940 support zone.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.