Shares of Karnataka Bank slipped over 3 percent to Rs 213 apiece on May 27 after the lender reported weak January-March quarter (Q4FY24) performance.So far this year, the stock of this Mangaluru-headquarter lender declined over 7 percent, underperforming a 6 percent rise in the benchmark Nifty 50 index. Earlier, Karnataka Bank shares had hit a 52-week high of Rs 286 per share on January 20, 2024.F...

Nifty and Sensex hit fresh highs around noon on May 27 with banking and IT stocks leading the gains. HDFC Bank, ICICI Bank, and L&T were the major contributors to the Nifty 50.Divi's Lab shares were the top gainers on Nifty 50 while trading over 4 percent. The company's better-than-expected performance for the January-March quarter of FY24 has prompted brokerages to raise their price targets for t...

Here is a collection of the most important stories this morning:Liquor policy case: Delhi CM Arvind Kejriwal moves SC, seeks 7-day interim bail extensionDelhi Chief Minister Arvind Kejriwal on Monday filed a fresh petition in the Supreme Court, seeking an extension of his interim bail by 7 days on health groundsUBS predicts market impact: BJP's single-party majority Vs coalition scenariosBrokerage...

Indian benchmark indices are trading positively, with Nifty around the psychological mark of 23,000 amid volatility.Option writers are positioned for calls at 24,000 and 23,500 and puts at 23,000 and 22,500. According to experts, the approximate weekly range based on ATM pricing of Nifty is 22,700-23,700.Options data suggests heavy call writing seen across 22,350 to 23,500 levels. According to Aks...

Nearly 70,000 investors from around the world attend the Berkshire Hathaway Annual Meeting, where Warren Buffett (previously, alongside his partner Charlie Munger) answers a wide range of questions from shareholders. This year, one attendee spotlighted India by asking Buffett about his thoughts on the country as it is poised to become the third-largest economy in the world. Rajeev Agrawal, a long-...