The third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing results. Ashok Leyland is predicted to witness a minor revenue decline while showing a profit increase. Siemens is expected to report significant growth in both revenue and profit, boosted by its Gas & Power and Mobility segments.
Benchmark indices fell over 1% due to ongoing foreign fund withdrawals and new US tariffs. Stocks like Vodafone Idea, IRCTC, and HAL saw declines of 4%, 3%, and 3.6%, respectively. Riyank Arora, a Technical Analyst, advises cautious trading with specified stop losses for these stocks, highlighting their current support levels and potential upward targets.
The RBI had prohibited IIFL from March to September 2024 from sanctioning, disbursing, or selling any of its gold loans citing certain supervisory concerns.
The Securities Appellate Tribunal (SAT) order was crystal clear on every allegation made. The Sebi, of course, has the right to investigate, and they should. I fully stand by the law of the land and will comply with whatever the regulator ultimately decides.
One of two pilots on a private jet owned by Mötley Crüe singer Vince Neil died after the aircraft veered off a runway in Arizona and hit a business jet, according to a Federal Aviation Administration incident report.
Flexi-cap schemes, the second largest equity mutual fund category by assets, give fund managers the flexibility to invest in large-, mid- or small-cap stocks, depending on their outlook for the market.
