Tag: IDFC First Bank

Nifty 500: More than half of Nifty 500 stocks now in downtrend

StocksDecember 22, 2024

Mumbai: The 5% decline in the Nifty index last week has driven nearly 55% of NSE 500 stocks below their 200-day moving average (DMA), a key long-term trend indicator. A drop below the 200-day moving...

Canon eyes business from chip companies setting up India operations

BusinessDecember 22, 2024

NEW DELHI: Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with...

Industrial output expands 3.1% in September on base effect, festivals

EconomyNovember 12, 2024

NEW DELHI: India's industrial output rebounded in September, growing 3.1%, after contracting 0.1% in August - a 22-month low - driven by a...

Growth may have slipped in rainy Q2 but forecast for fiscal is sunny

EconomyNovember 4, 2024

India’s economic growth likely moderated in July-September, primarily due to a slowdown in consumption and investment amid heavy monsoon rains in several parts...

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

EconomyNovember 2, 2024

NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...

Dragged down by Mumbai toll waiver, IDFC First Bank’s net profit drops 73%

BusinessOctober 27, 2024

Mumbai: IDFC First Bank's second quarter net profit plunged over 73% to Rs 201 crore from over Rs 751 crore in...

GIFT Nifty: GIFT Nifty up 15 points; here’s the trading setup for today’s session

StocksOctober 22, 2024

Domestic markets opened higher on Monday but could not sustain the gains and closed near the day’s low as Nifty ended with a...

Nifty today: GIFT Nifty up 20 points; here’s the trading setup for today’s session

StocksOctober 21, 2024

Domestic markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued.In the absence of...