Latest Stock Market News

How stablecoins on your portfolio can be a reliable source of passive income.

Abhay Doshi, Co-founder, UnlistedArena, said LIC is likely to be listed near the issue price and investors may not a get a decent listing pop, thanks to a sharp correction in the secondary markets lately.

RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.

The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion Business Media earlier this year.

“The transition from growth to value or cyclicals will be a multiyear transition if the Fed does not break the back of inflation. It will depend on how hawkish the Fed really tends to be. The Fed is talking extremely hawkish. We have real significant balance sheet contraction. My personal base case is at some point the Fed will back off before they really break inflation.”

A total of 374,600 shares changed hands on the counter till 01:03PM (IST).

Financial planning and equity-based investment have always been challenging tasks for new investors. With thousands of companies to evaluate and hundreds of parameters to consider before making an investment decision - the complexity of the process is high and there is risk involved in investing in stock markets.

As of 31-Mar-2022, promoters held 51.09 per cent stake in the company, while FIIs held 12.06 per cent and domestic institutional investors had 3.58 per cent.

The public sector lender reported a net profit of Rs 1,779 crore in the quarter ending March 2022 against a loss of Rs 1,047 crore in the same period last year on the back of lower provisions and improved loan growth.

Total expenses reduced to Rs 450.06 crore in the quarter under review, as against Rs 535.32 crore in January-March 2021.