Latest Stock Market News

The net profit during Q2FY23 includes one-time impact of Rs 244 crore due to reversal of deferred tax liability relating to intangible assets transferred to Max Healthcare pursuant to voluntary liquidation of Saket City Hospital and distribution of its business undertaking in August 2022.

The RBI said a pilot of the retail version is planned for launch within a month in select locations in closed user groups comprising customers and merchants. It published a 50-page concept note for the introduction of CBDC earlier this month.

Nomura, BNP Paribas Arbitrage, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund, Edelweiss Mutual Fund, Motilal Oswal Mutual Fund, HDFC Life Insurance Company, Bajaj Allianz Life Insurance Company and Kotak Mahindra Life Insurance Company are among the anchor investors

The net interest income also increased for the quarter by 26 % to Rs 802.73 crore from Rs 637.10 crore reported during the same period last year

Dogecoin zoomed more than 30 per cent to Rs $0.1527 levels from $0.114 mark in the last 24 hours

Total income in the second quarter of the current fiscal increased to Rs 23,001.26 crore as against Rs 21,262.32 in the July-September period a year ago, PNB said in a regulatory filing.

"Travel continues to rebound on the back of waning COVID-19 infections and positive consumer sentiment. We witnessed strong performance both in terms of revenue and profitability in a seasonally weak quarter," MakeMyTrip Group CEO Rajesh Magow said.

The Dow Jones Industrial Average jumped 212 points, or 0.65%. The S&P 500 and Nasdaq Composite added 0.8% and 1.2%, respectively.

Rajiv Kaul, vice-chairman and chief executive, said the company has been delivering over 20 per cent operating profit growth for the past six consecutive quarters, thanks to its market leadership, expansion of technology-enabled services, orders from large enterprises and better execution.

It found that these entities were involved in executing manipulative trades and carrying out trades with the connected parties. Through such acts, they contributed to decreasing the price of the scrip and also increase the volume substantially during the investigation period.