Sensex and Nifty were likely to open lower today as Nifty futures on the Singapore Exchange declined 46 points to 15,268. On Tuesday, benchmark indices took a breather from a two-session rally despite firm global cues and declining COVID-19 cases. Sensex
Read more about Sensex trading with small gains; breadth strong on Business Standard. Key benchmark indices are trading with small gains in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 42.81 points or 0.08% at 50,680.34. The Nifty 50 index was up 3.65 points or 0.02% at 15,212. Most Asian stocks are
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Nifty futures on Singapore Exchange traded 46 points, or 0.30 per cent, lower at 15,203.5 signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today s trade:
BPCL,
Pfizer: Bharat Petroleum, Berger Paints (India), Pfizer, Cummins India, Manappuram Finance, KIOCL, V-Guard Industries, FDC, Burger King India, Hindustan Foods,
Karur Vysya Bank, Sharda Cropchem, LT foods, JTEKT India, Karnataka Bank, Arvind are among companies that will announce their March quarter results today.
Sun Pharma Advanced Research Company: The pharmaceuticals said Dilip Shanghvi has resigned as managing director of the company. Shanghvi expressed his desire to step down and tendered his resignation as the MD with immediate effect, which was accepted by the board.
CAMS net zooms 40% to ₹60 cr on higher volumes
May 26, 2021
New SIP registrations witness uptick
Computer Age Management Services, one of the largest registrar and transfer agent of mutual funds, has reported 40 per cent increase in March quarter net profit at ₹60 crore against ₹43 crore logged in the same period last year, largely due to higher transaction volume.
Revenue from operations was up at ₹200 crore (₹175 crore). Transaction volume increases two per cent to 86 million while it processed 61.5 million SIP transactions, an increase 4 per cent.
Market share at 69%
Average Asset under management of CAMS was at ₹22 lakh crore, a growth of 19 per cent. Overall, it has a market share of 69 per cent as of March end. New SIP registrations which were subdued in the first nine months of the year saw an uptick in the last quarter, recording 25 lakh new registrations.
Stocks in news: HDFC, Burger King, BPCL, Emami and more businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.