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HDFC Life Insurance Company Q1 results: Profit rises 12% YoY to ₹611 crore; VNB up 9%
HDFC Life Insurance Company reported a 12% YoY rise in its standalone profit to ₹611.42 crore for Q1FY27. Value of new business (VNB) for the…
Sun Pharma among 5 stocks that hit 52-week highs & rallied up to 20% in a month
The Sensex gained 130 points on Wednesday, while five BSE 200 stocks—Paytm, Divi's Laboratories, Torrent Pharmaceuticals, Sun Pharmaceutical Industries and Apollo Hospitals—hit fresh 52-week highs,…
Quote of the day by Jim Simons: "We have three criteria. If it’s publicly traded, liquid and amenable to modeling, we trade it"
Jim Simons' investment philosophy centered on three key criteria for trading. He prioritized assets that were publicly traded, liquid, and amenable to modeling. This approach…
Expert view: Nifty may touch 27,000 by the year end or early next year, says Rohit Srivastava of Indiacharts
Market strategist Rohit Srivastava predicts the Nifty 50 index could reach 27,000 by the end of this year or early next year. He advises investors…
HDB Financial Q1 Results: Profit jumps 38% YoY to Rs 785 crore; NII up 20%
HDB Financial Q1 Results: Net interest income rose 20% to Rs 2,509 crore from Rs 2,092 crore a year earlier. Net total income increased 17%…
Apple Intelligence cleared for use on iPhones in China after regulatory approval
China's cyberspace regulator announced that Apple Intelligence, a generative AI service, has been registered for iPhones. It will integrate Baidu and Alibaba's AI capabilities, though…
Small-cap FMCG stock Spice Lounge Food Works hits upper circuit after this business update
Small-cap FMCG stock Spice Lounge Food Works hit its upper circuit on the BSE on Wednesday, 15 July, a day after the company announced it…
HDFC AMC Q1 Results: Net profit rises 12% to Rs 837 crore, revenue up 14%
HDFC Asset Management Company reported a 12% rise in Q1 FY27 net profit to ₹837 crore, supported by higher revenue and asset growth. Quarterly average…
Nifty 50 above 27,000? PL Capital raises target, sees more upside in Indian stock markets but flags key risks
PL Capital has raised its one-year Nifty 50 target to 27,019, citing improved macroeconomic conditions, resilient demand, and easing oil prices, while cautioning about risks…
Rupee ends flat as merchant bids, oil blunt comfort from modest inflows
The Indian rupee hovered close to a one-month low on Wednesday, driven by modest portfolio inflows and increased corporate demand for dollars. Asian currencies remained…
Global Market: Foreign investors add $132 billion to US securities in May as equity demand stays strong
According to Reuters, the Treasury's monthly Treasury International Capital (TIC) report showed that net long-term purchases by foreign investors reached $1.33 trillion over the 12…
