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Marico shares fall 0.86% as Nifty gains

Updated at : 2022-06-15 16:15:03

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The stock quoted a 52-week high price of Rs 606.0 and a 52-week low of Rs 455.8.

Add DCB Bank, target price Rs 132: HDFC Securities

Updated at : 2022-06-15 16:15:03

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DCB Bank Ltd., incorporated in the year 1995, is a banking company (having a market cap of Rs 2427.59 Crore).

“LIC presents some opportunity to investors with a one- or two-year perspective but I would like to highlight that instead of buying it only because it has fallen, we could create a two-three stock basket for the insurance plays and have some allocation for LIC along with some of the private names. ”

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The PSU bank reported a 41.27 per cent YoY jump in standalone net profit at Rs 9,113.53 crore for March quarter, up from Rs 6,450.75 crore in the year ago quarter.NIM was stable sequentially at 3.12 per cent. Gross non-performing assets (NPAs) were at 3.97 per cent of the total assets, down from 4.50 per cent sequentially and 4.98 per cent year-on-year.

“This obsession with the United States is not only unnatural, it is completely stupid because United States is only one-fourth of the global economy. There is this obsession with the United States, the belief that whatever happens in the US, happens to all of us. No, it does not. It does not happen to Japan, and it does not happen to China.”

HPCL stock price up 0.14 per cent as Sensex climbs

Updated at : 2022-06-15 16:15:03

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As of 31-Mar-2022, promoters held 54.9 per cent stake in the company, while FIIs held 19.9 per cent and domestic institutional investors had 10.68 per cent.

European stocks rally as ECB holds surprise meeting

Updated at : 2022-06-15 16:15:03

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Euro zone banks have fallen sharply in the past week, hit by a selloff in southern European bond markets after the ECB said last week it saw no need to create a new tool to help weaker economies cope with rising borrowing costs as it ends bond buying and looks to hike rates.

Inflation is driving policy, especially interest rate policy of central banks plus some fiscal policy (like the duty cuts on fuel in India). After decades of being a tame, domesticated animal in the developed world, it has come roaring back.

Apollo Hospital shares gain 0.33% as Sensex rises

Updated at : 2022-06-15 16:15:03

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A total of 8,015 shares changed hands on the counter till 02:10PM (IST)

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According to a release from ChinGari, the Gari tokens will be distributed to the creators from a daily pool of 50,000 tokens, out of which 5,000 tokens will be set aside for the daily login bonus.

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