Markets expect an escalation in India – Pakistan tensions following the attack on civilians in Pahalgam, but a full-fledged war between the neighbouring countries is ruled out at this stage, suggest analysts. The markets, according to U R Bhat, co-founder & director, Alphaniti Fintech, are quite nervous after the developments in Pahalgam. The markets, he said, had gone up sharply from their recent fall that was triggered by US tariff fears. Investors, Bhat believes, are booking profit
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SBI Cards and SBI Life stocks displayed an opposite trend post Q4 results. SBI Card stock plunged over 5 per cent in intra-day deals on Friday, while SBI Life Insurance shares rallied as much as 10 per cent. SBI Cards reported a 19 per cent decline in net profit at ₹534 crore for the quarter ended March 2025, as against ₹662 crore in the year ago period. Total income, however, grew by 8 per cent year-on-year (YoY) to
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Shares of Bajaj Finance hit a new high of ₹9,709.95 on the BSE in Thursday’s intra-day trade in an otherwise subdued market after the company announced the schedule of a board meeting to discuss proposals of a special interim dividend, stock split and bonus issue. The stock of the non banking finance company has surpassed its previous high of ₹9,340 touched on April 23, 2025. At 09:16 am, Bajaj Finance was trading 1.6 per cent higher
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Shares of Nestle India slipped over 5 per cent from the day’s high in Thursday’s intraday session after it reported a 5 per cent year-on-year (Y-o-Y) decline in its net profit for the March quarter of the previous financial year. The fast-moving consumer goods major’s stock fell as much as 5.4 per cent from its day’s high of ₹2,515 per share. As of 12:12 PM, the counter was down 1.31 per cent at ₹2,401.8, compared
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Shares of Samhi Hotels surged over 12 per cent to hit an intraday high of ₹196.90 on Thursday after the company announced its strategic partnership with global institutional investor GIC. Singapore-based sovereign wealth fund GIC will acquire a 35 per cent stake in three subsidiaries of Samhi Hotels that together own Courtyard & Fairfield by Marriott Bengaluru ORR, Hyatt Regency Pune and recently acquired Trinity Hotel in Bengaluru Whitefield. At 2:30 PM on Thursday, Samhi Hotels’
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