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Anand Rathi Wealth posted a net profit of Rs 76 crores for Q2FY25, up 32% from the previous year. Total revenue rose 32% to Rs 250 crores. AUM grew by 57% to Rs 75,084 crores. The company welcomed 1,066 new client families in the first half of FY25. An interim dividend of Rs 7 per share was declared.
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Nifty formed an inside day pattern, indicating sideways movement. Bears are in control, using pullback rallies to create short positions. Support at 24,950-25,000 and 24,750. Resistance at 25,100 and 25,250-275. Analysts suggest buying on dips, with a stop loss at 24,800.
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News and Media
A major shake-up of workers' rights is on its way, but what impact will it have?
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News and Media
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