City Union Bank shares surged 12 percent during the morning deals as the private sector lender's earnings show for the quarter was above expectations on October 22.The bank posted a net profit of Rs 285.2 crore for Q2 FY25, a 1.6 percent rise from ?280.6 crore in the same period last year.Net interest income climbed 8.2 percent on-year to Rs 582.5 crore, up from Rs 538.4 crore, building on the 4.5...

Shares of L&T Technology Services tumbled almost three percent in trade on October 17, after the IT service firm's earnings show for the quarter ended September came in under expectations.L&T Technology Services reported a marginal 1.91 percent increase in its net profit at Rs 319.6 crore in the September 2024 quarter. The company had reported a net profit of Rs 313.60 crore in the June quarter.Th...

Indian benchmark index Nifty is trading positive to range bound at the start of the June series. Around noon Nifty was trading at 22,522 up 35 points or  0.15 percent."Nifty has been trading within an upward-sloping parallel channel and now it has just reversed from the upper end of the channel, " said Jay Thakkar - Head Derivatives and Quant Research at ICICI Securities.Thakkar believes that the...

Bulls drive markets to new all-time highs, with the Nifty 50 crossing the 23,000 level for the first time in morning trade today (May 24). The near-term support for the Nifty has shifted from the 22,520-22,500 zone to 22,700. According to analysts, the next target for the index is 23,500-24,000.At 09:46 hrs IST, the Sensex was up 98.01 points or 0.13 percent at 75,516.05, and the Nifty was up 14.0...

Shares of Zomato extended losses on May 14, falling up to 6 percent in morning deals as the company's costs on account of its employee stock ownership plan (ESOP) are expected to rise shortly.Costs incurred under the ESOPs are non-cash expenses, and are likely to increase in the ongoing fiscal “on account of the grant of ESOPs to the Blinkit leadership team and senior employees”, Zomato manage...