Benchmark indices ended lower for the second session as profit booking and weak global cues weighed on sentiment. Navin Fluorine, BEL and PSU banks gained, while Vedanta and Bandhan Bank slipped.Read More
Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year.Read More
Indian government bonds rose by close of trade on Friday as the central bank sold lesser debt than scheduled at a weekly auction, providing some relief in a bearish market.Read More
Euro zone government bond yields were on track for a second straight weekly rise following a hawkish signal from the Federal Reserve and an uneventful European Central Bank meeting.Read More
On Friday, the benchmark Sensex declined by around 465 points, settling at 83,938. Despite the broader market weakness, six PSU banking stocks from the BSE PSU Bank Index scaled fresh 52-week highs, indicating strong momentum in the sector. Indian Bank, Bank of India, and Canara Bank led the rally, posting one-month gains of up to 14%.Read More
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