HDFC Bank shares will be in the limelight today as the foreign institutional investor holding in the stock has fallen to 54.83 percent at the end of the June quarter. Now why is this important? Because HDFC Bank’s weightage in the MSCI index is set to increase as there is now more headroom for FIIs to buy stock. Put simply, if FIIs have the room to buy another 25 percent or more in stock within ...

Here is the list of the top 10 stocks that are likely to be in focus on Tuesday:Axis Bank: Private lender Axis Bank on Monday reported a 224% year-on-year (YoY) rise in standalone net profit at Rs3,614 crore for the December quarter (Q3FY22) compared with a profit of Rs1,116.6 crore in the corresponding quarter last year. On a quarter-on-quarter (QoQ) basis, Axis Bank's profit registered a 15% gro...

Nifty futures on the Singapore Exchange traded 86.5 points, or 0.51 per cent lower at 16,970.50, signaling that Dalal Street was headed for a negative start on Tuesday. Here are a dozen stocks which may buzz the most in today's trade:Maruti Suzuki, Pidilite, SRF: Maruti Suzuki, Pidilite Industries NSE 0.66 %, SRF, Cipla, United Spirits, Macrotech Developers, Torrent Pharma, APL Apollo Tubes N...

Shares of Indian Energy Exchange (IEX) declined nearly 3% to Rs233 apiece on the BSE in Tuesday's opening deals after the company posted a nearly 39% rise in its consolidated net profit at Rs80 crore in the December quarter mainly on the back of higher revenues. The company had posted a net profit of Rs58 crore in the year-ago quarter.The company's total revenue rose 36% to Rs130.7 crore in the De...

A surge in renewable energy in India is set to massively increase spot power trading, according to the country’s largest electricity bourse. Buyers will increasingly turn away from traditional long-term contracts in favor of cheaper renewable energy, said Rohit Bajaj, head of business development at Indian Energy Exchange Ltd. More than a quarter of the nation’s electricity could be purchased...