NSE Q2 consolidated profit rises 13% to ₹1,999 cr; revenue up 24%
On a standalone basis, the net profit was up 2% YoY at ₹1,562 crore in Q2 FY24, while total operating income grew 22% to ₹3,386 crore.
On a standalone basis, the net profit was up 2% YoY at ₹1,562 crore in Q2 FY24, while total operating income grew 22% to ₹3,386 crore.
The global equity markets have not shown any knee jerk reaction even as the Israel-Hamas conflict enters the second week, says KPMG India CEO Yezdi Nagporewalla.
Stable economic growth and strong corporate earnings add to sentiment.
The sell-off in the equity market was triggered by weakness in index heavyweights such as Infosys, TCS, HCL Technologies, RIL, and HUL as well as bearish global cues.
Will create easy availability of capital for businesses, and enhance economic activity.
Top experts debate how Nirmala Sitharaman can put the economy on a higher growth path.
India is an inefficient market where price and value diverge a lot as fewer institutional eyes are monitoring the Indian markets.
In a matter of 41 trading days, since the last life-high on February 16, the second wave of the Covid-19 pandemic has caused between 8% -9.8% correction in the benchmark equity indices until April 19.
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.