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Top News In Mahantesh Sabard Today - Breaking & Trending Today

Big bulls of Dalal Street raise Rs 4 lakh crore-toast to FY24; what's in store for FY25?

Dalal Street s FIIs and DIIs powered the equities euphoria in FY24, Nifty50 rose 27% with BSE market cap up at Rs 125 lakh crore. Smallcap Index soared 60%, driven by strong corporate earnings and US Fed rate cuts for potential FY25 performance. ....

Viraj Gandhi , Mahantesh Sabard , Mutual Fund , Dalal Street , Chief Executive Officer ,

Rising crude, uncertainty ahead of elections keep analysts wary of OMCs

Notwithstanding the robust turnaround in the financial performance for the June quarter (Q1FY24), stocks of state-run oil marketing companies have been in a downtrend in the last month. The fall comes on a rise in crude oil prices that have surged to a 7-month high of $88 a barrel.

A busy political calendar in the months ahead that may see the government keep a lid on auto fuel prices is also a dampener, analysts said.

Shares of Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC) have shed 9-11 per cent since their respective earnings announcement between July 26 to August 4. ....

India General , Harshita Singh , Prabhudas Lilladher , Sandip Bansal , Swarnendu Bhushan , Payal Shah , Mahantesh Sabard , Bharat Petroleum , Hindustan Petroleum , Oil Photograph , Indian Oil , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,