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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Market
SoftBank Vision Fund to Offload Zomato Shares in Rs 940 Crore Block Deal
Japanese investor SoftBank Vision Fund is selling around 10 crore Zomato shares, representing 1.17% stake, in a block deal worth Rs 940 crore. The move follows Tiger Global's exit.
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Market
HDFC Bank Expected to Report Strong Double-Digit Growth in Net Profit for Q4
HDFC Bank's net profit expected to rise 21% YoY, driven by healthy loan growth and traction in business segments. Read more for key monitorables and analysis.
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Market
BSE Sensex and NSE Nifty50 Surge, Led by Reliance Industries, IT Stocks and Private Banks
The BSE Sensex and NSE Nifty50 surged led by Reliance Industries, IT stocks and private banks in a positive trading session. Top and worst-performing stocks included.
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News
YES Bank shares plunge 13% as lock-in period ends under RBI reconstruction scheme
YES Bank's stock price plummeted 13% as the lock-in period under RBI's Reconstruction Scheme 2020 ended, resulting in the release of shares. SBI's stake in the bank reduced to around 26%. Despite gradual improvements in asset quality, the bank faces risks, including AT-1 bonds write-down, according to analysts.
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News
ICICI Securities Maintains “Add” Rating on Titan Despite Competitive Pressure and Gold Price Premium Reduction
This article discusses ICICI Securities' decision to maintain its "Add" rating on Titan, despite increased competitive pressure and a reduction in gold price premium. The article also covers the brokerage's target price, estimates, and expectations for the near future.
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Market
Sensex and Nifty Close Higher, Mid and Smallcaps Shine: Stock Market Update
The Indian stock market witnessed a positive day as Sensex and Nifty closed higher. Mid and smallcap stocks outperformed the benchmarks, while the banking sector stole the limelight. Explore the highlights of today's trading session.
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