Written by Harsh
Indian equity markets surged to seven-month highs on Thursday, May 15, 2025, with the Nifty 50 breaching the 25,000 mark for the first time since October 2024 and the Sensex posting a robust 1,200-point gain. The rally was driven by broad-based buying across sectors, optimism over India-US trade relations, and improving domestic economic indicators. Market […]
Written by Harsh
The Indian stock market experienced its strongest single-day rally in over four years on Monday, May 12, 2025, following the announcement of a ceasefire agreement between India and Pakistan. This truce, which brought a pause to the most severe cross-border clashes in decades, triggered a surge in investor confidence and risk appetite. Indian Stock Market […]
Written by Harsh
One of Japan’s biggest banks, SMBC, is gearing up to acquire a 20% stake in Yes Bank for ₹13,483 crore by buying shares held by SBI and other banks at the price of ₹21.50 per share. This transaction has strongly endorsed the turnaround story of Yes Bank in its 2020 rescue led by SBI along […]
Written by Harsh
The company witnessed net profit going up by 364% YoY to ₹493 crore in the fourth quarter of fiscal 2025, as against ₹106 crore during the same quarter of the last year. Revenue from operations stood at Rs. 847 crore, up 75% from Rs. 484 crore in Q4 FY24. EBITDA also saw a sharp increase […]
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