The company's cargo arm SpiceXpress reported a net profit of Rs 12 crore in the December quarter, while revenues stood at Rs 120 crore in the same period. SpiceXpress transported about 17,333 tonnes of cargo in the reporting period

In the third quarter, the booking value of a sample of 13 listed companies grew 7% year-on-year to Rs 17,100 crore, mainly driven by launches and sustenance sales across regions. For the nine-month period, the same rose 43% year-on-year to Rs 48,300 crore

A neutral rate, which neither stimulates nor slows growth, can only be estimated and while most policymakers in the past put it at between 1% and 2%, many are now saying that the economy's behaviour suggests it is actually higher.

From the Sensex pack, M&M, Tata Steel, Tata Motors, Maruti and L&T were the top laggards, falling about 1-2.5%.

"NTPC Ltd has paid an interim dividend of Rs 4,121.08 crore today for the financial year 2022-23. This is the 30th consecutive year that NTPC Ltd has paid a dividend," it said.

Closing Bell: Sensex extends losses to 6th session, ends 142 pts lower; Nifty below 17,500; SpiceJet soars 12%, Hindalco plunges 5%

The brokerage was of the view that the decline in the Nasdaq index will continue as companies on the tech platform may face some challenges due to the evolving business models, competition, and the gap between delivery and customer expectations.

Ever since the release of the Hindenburg report, the combined market capitalisation of all 10 Adani stocks has so far lost over 11.6 lakh crore and currently stands at just over Rs 7.5 lakh crores. So what exactly happened? Let's take a look

The matter pertains to a default of Rs 83 crore by Siti Networks, a sister company owned by Essel Group. IndusInd Bank invoked the guarantee when Siti defaulted on the payment.

Meanwhile, the net long positions of retail investors in stock futures has decreased by 55,000 contracts. Their net long position stood at 11,76,000 compared to 12,30,000 contracts in the last expiry.

Olectra Greentech (OGL), a subsidiary of Megha Engineering and Infrastructures (MEIL), is set to offer the next-generation transport system to the Indian market, a statement stated

During an investor call with the brokerage, the management said it sees benefits from the ongoing fleet expansion drive in defence and that EBITDA margin during the quarter was lower due to all the recent orders coming via competitive bidding

Capital good companies had faced tough times for many years. This statement would be more applicable to companies which were making turbines for the power sector. But for a company which was into supplying plants and machinery for speciality chemical companies, the last couple of years have been good. As more industries start to show first signs of building fresh capacity, more capital good companies may see a healthy order book.

Zee Enterprises' managing director and chief executive Puneet Goenka on Thursday moved appellate tribunal NCLAT challenging the order of the National Company Law Tribunal which admitted an IndusInd Bank plea for insolvency proceedings against the firm.

Sectorally, buying was seen in banks, financials, auto, pharma, IT, and FMCG stocks while some selling was visible in metal and media stocks.

As NIFTY stays in volatile mode with a bearish bias, the fear that small caps may also come under sharp selling pressure is also increasing. The market breadth and volumes in the small caps segment is clearly indicating that fear. However, small cap companies which operate in niche products and services or have brands with strong market share tend to get the attention of the market even when overall small cap is under pressure. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".

When the report was released on January 25, the 60-year-old self-made tycoon from Ahmedabad was the third richest billionaire in the world and is now down to the 29th spot as a result of the rout in stocks of Adani Group companies.

Global investment bank Citi maintained a buy rating on Cipla and Morgan Stanley maintained an overweight rating on Axis Bank. Motilal Oswal, meanwhile, maintained a buy rating on NMDC.

The stock price of Voltas, which makes household appliances, has rallied from Rs 776 recorded on January 23 to Rs 914 as on 22 February 2023 which translates into an upside of about 18%.

IRB Infra bags Rs 2,132-cr BOT project in Gujarat. Will the company see the pace of order inflows ramp-up? And, what's the current order book looking like? Director, Anil Yadav joins in with the details.

Its price has formed a strong bottom in the Rs 365-Rs 380 range, which it has tested on multiple occasions. Recently, the price testing the above range has been forming a higher high-higher low structure. The recent higher low happens to be a piercing pattern candlestick, which is a bullish reversal pattern suggesting that the price can rise from here.

“Tata Consumer is focused on becoming a multi-category FMCG player. All these new product categories - Soulfull/ NourishCo/ Sampann are witnessing volume growth in double to triple digits,” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

Despite earnings taking a severe hit in the last two quarters due to higher costs and muted demand, the metals and mining sector received third highest inflows from foreign investors.

While short-seller Hindenburg Research’s Jan. 24 report about the business empire of tycoon Gautam Adani has been one reason why investors have pulled billions of dollars out of Indian markets, Michael Kelly, who oversees Pinebridge’s $17.8 billion global multi-asset portfolios, is among those going the other way.

RIL-promoted Alok Industries, Bombay Dyeing and Manufacturing Co, Wockhardt, Suven Life Sciences, Spencer’s Retail, Inox Wind, Sagar Cements, Restaurant Brands, Religare Enterprises, and Orissa Mineral Development Co, among others also remained in the red for 4 straight quarters.

Sensex jumps 200 pts, Nifty above 17,500; Adani Ent rises 2%, ZEEL falls 3%; Vodafone Idea, Yes Bank, Adani power, Rail Vikas Nigam are some of the top movers in morning trade.

The Nifty 50 index surged 57 points or 0.33% to 17,568, while the S&P BSE Sensex rose 208 points or 0.35% to 59,813, as of 9.17 am. From the Sensex pack, Bharti Airtel, Bajaj Finserv, SBI, Infosys and Tata Motors were the top gainers, rising about 0.5-1%. UltraTech Cement, Asian Paints, IndusInd Bank and Tech Mahindra also opened with gains.

Adani bonds were mixed Friday, with eight of 15 trading lower, though the moves were small by recent standards, according to data compiled by Bloomberg. The biggest decliner was an Adani Ports & Special Economic Zone Ltd. note, which fell 0.3 cents to 65.3 cents on the dollar as of 10:43 a.m. in Hong Kong.

At a time when the Indian equity market is seeing a bearish trend and Nifty declined over 3% year-to-date, at least 35 or more analysts are bullish on a number of counters. These stocks belong to various sectors such as banking, auto, IT and more. Here's a list of 8 stocks with more than 35 strong buy and buy calls, according to Trendlyne data:

Nifty futures on the Singapore Exchange traded 50 points, or 0.28 per cent, higher at 17,641, signaling that Dalal Street was headed for a positive start on Friday. Here are some stocks which are expected to see some action in trade today.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on HDFC Bank and SBI while Kunal Bothra has a buy/sell recommendation on Indian Hotels and Bajaj Finance for today's trading session. Check out the targets and stoploss.

It was another listless time for the markets on Thursday, the monthly derivatives expiry day. The Nifty remained mostly in the negative zone, ending the day with some small loss. Some possibilities are emerging of a technical rebound in the markets

Its price has formed a strong bottom in the Rs 365-Rs 380 range, which it has tested on multiple occasions. Recently, the price testing the above range has been forming a higher high-higher low structure. The recent higher low happens to be a piercing pattern candlestick, which is a bullish reversal pattern suggesting that the price can rise from here.

Japan's five-year government bond yield fell a little to 0.235%, from the previous close of 0.240%. Ten-year bonds did not trade early on Friday, due to thin liquidly, but bond futures extended gains.

Stocks that were in focus include names like Finolex Cables that were up nearly 8%, ITC gained nearly 1% to hit a fresh 52-week high, and Equitas Small Finance Bank rose nearly 9%.

Helping provide confidence to buyers, Nvidia Corp posted positive earnings and surged 14% after forecasting quarterly sales above estimates and reporting a surge in the use of its chips to power artificial intelligence services.

​​Banga has "critical experience mobilizing public-private resources to tackle the most urgent challenges of our time, including climate change," said Biden in a statement, amid a push for lenders to revamp and address global problems more effectively.

Bharat Forge said in order to house all defense related investments of the company under one entity, the ‘investment committee – defence business’ has approved the transfer of the company’s stake in Aeron Systems to Kalyani Strategic Systems, a wholly-owned subsidiary of the company.

​​Prabhudas Lilladher retained its 'buy' rating but said the stock will witness selling pressure in the near term owing to concerns over delay in merger time-line.

PSU banks have taken the lead in raising deposit rates, offering as high as 8.5% to senior citizens for specific tenures. State Bank of India now offers 7.1% for a 400-day deposit, with senior citizens earning 7.6%. Among other nationalised banks offering attractive rates are Union Bank of India -7.3% for an 800-day deposit, and Central Bank 7.25% - for a 444-day deposit. Punjab and Sind Bank offers 8% for a 221-day deposit if done online, with senior citizens earning 8.5%.

About 73% of Nifty futures contracts were rolled over to March on Thursday, according to final data. This is lower than 79% in the previous series and the three-month average of 76%.

The company communicated this to Nageswara Rao Y, the administrator of Reliance Capital and also disclosed this while declaring the results of the quarter ending December 2022.

The stock dipped further in December towards Rs 370-380 to stage a smart bounce back. The momentum helped the auto stock climb above 50 and 200-DMA on the daily charts — a positive sign for the bulls.

In FY19, Sebi passed a guideline wherein the listed large corporates with borrowings of Rs 100 crore or more and with credit ratings of AA and above would have to borrow 25 per cent or more of the incremental borrowings through bonds

Nvidia Corp surged 14.3% to a more than 10-month high after the chip designer forecast quarterly sales above estimates and reported a surge in the use of its chips to power artificial intelligence services such as chatbots.

Four of those seven show a strong potential to be affected by technical levels, according to a Bloomberg analysis.

“No fresh month contracts will be issued on expiration of February 2023 contracts," the exchange says in a circular.

"Tata Motors stock has after a consolidation witnessed a slight dip taking support near the significant 50-EMA and 200-DMA level of 426 which is a crucial support zone and is anticipated to carry on with the positive move further," Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt. Ltd, said.

Some banks, including Barclays and Standard Chartered, and healthcare majors AstraZeneca and GSK traded without an entitlement for dividend payout

New Delhi, Leading bourse NSE on Thursday said it has received final approval from markets regulator Sebi to set up a Social Stock Exchange (SSE) as a separate segment on its platform. The final clearance was received on February 22, the National Stock Exchange (NSE) said in a statement.