The Nifty reached a new record high of 19,567 intraday on Thursday, but couldn't hold on due to selling pressure, resulting in a significant decline by the end of the day, said Rupak De, senior technical analyst at LKP Securities.
Vikram Kasat, head advisory, Prabhudas Lilladher, said Nifty Index made a higher high in Thursday’s session, whereas the BankNifty Index is still significantly below the previous high, leading to inter-market divergence in the short term.
PSU banks s...
Bank stocks selloff drags down Nifty from all-time high
Software major Infosys Ltd on Thursday said it had closed FY23 with a higher net profit of Rs 24,108 crore.
The company said it had earned a revenue of Rs 146,767 crore for FY23 against Rs 121,641 crore in the previous year and a net profit of Rs 24,108 crore against Rs 22,146 crore in the previous year.
The company closed the fourth quarter of FY23 with a revenue of Rs 37,441 crore (previous year Rs.32,276 crore) and a net profit of Rs 6,134 crore (Rs 5,695 crore).
According t...
Infosys posts Rs 24,108 crore net, recommends dividend of Rs 17.50
Six women entrepreneurs met on the opening day of the three-day GSV -Emeritus India Summit, in Gurugram, to discuss the urgent need to close the gender gap that women in the workforce are facing. The panel was comprised of Ashley Chiampo, Chief Learning Officer, Emeritus; Smita Deorah, Co-Founder and Co-CEO, LEAD; Vani Kola, Managing Director, Kalaari Capital; Prerna Jhunjhunwala, Founder and CEO, Creative Galileo; Supriya Paul, CEO, Josh Talks, and Lisa Tenorio, SVP, Learning Design, Ha...
GSV + Emeritus India Summit: Women entrepreneurs lead conversations on gender funding gap; call for critical changes to foster women entrepreneurs