MakeMyTrip Q4 Results: Online travel bookings platform, MakeMyTrip, announced its January to March quarter results for the financial year 2024-25 on Wednesday, May 14, 2025. The company witnessed an 83 per cent fall in its net profit for the fourth quarter to $29.2 million in the 2024-25 fiscal year, compared to $171.9 million in the…
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking mixed cues from global markets. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,720 level, a premium of nearly 80 points from the Nifty…
The market regulator plans to ease rules for foreign portfolio investors (FPIs) that invest only in Indian government bonds as it seeks to draw more inflows after Indiaâs inclusion in global bond indices. Also Read | Sebiâs PSU delisting proposal sparks calls for parity with private companies The Securities and Exchange Board of India (Sebi)…
China’s expanding geopolitical ownership shows that the Asian nation owns a significant stake in Pakistan and Bangladesh’s stock exchanges by acquisition through the consortium method, official filings data show. In 2017, China acquired a 40 per cent stake in the Pakistan Stock Exchange (PSE), though a consortium of companies like the Shanghai Stock Exchange (SSE),…
The Indian stock market has delivered an impressive performance over the past month. Between April 7th and May 6th, the broader market posted a robust 9% gain on a closing basis, with an intraday swing from low to high reaching as much as 14%. This sharp rally was catalysed by a global market surge following…
Dividend Stocks: Shares of major companies, including State Bank of India (SBI), BEML, Great Eastern Shipping, Godrej Consumer Products, and Foseco India are among others that will trade ex-dividend in the week starting Monday, May 12, 2025. According to BSE data, many companies also announced other corporate actions, including a stock split. Also Read |…
Top News India’s Goods and Services Tax (GST) collections saw a significant rise in April, reaching âš2.37 lakh croreâa 12.6% increase compared to the same month last year. This marks a new milestone in the countryâs economic recovery and reflects growing business activity across sectors. The surge in collections isnât just a numberâit represents higher…
The set up by the end of the day indicates continuation of the downside pressure, unless tensions abate. Selling in heavyweights such as ICICI Bank, HDFC Bank and Reliance Industries dragged both Nifty and Sensex down by 1.1% each. Nifty closed down by 266 points at 24,008, slightly below its 200-day moving average of 24,044.25,…
The Indian governmentâs bold military responseâOperation Sindoorâin response to the Pahalgam attack on April 22 has created understandable jitters in financial markets. However, history offers a reassuring narrative for long-term investors, especially mutual fund participants. The immediate impact of any political upheaval is seen instantly in the stock markets. However, mutual funds are relatively safer…
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Thursday amid ongoing conflict between India and Pakistan, and mixed global market cues. Asian markets traded mixed, while the US stock market ended higher after the US Federal Reserve policy. On Tuesday, the Indian stock market ended…
