New Delhi, July 24 (IANS) Shares of Motilal Oswal Financial Services (MOFSL) slumped as much as 11 per cent on Friday, extending losses for a fourth consecutive session, even as the financial services firm reported a strong set of earnings for the June quarter (Q1FY27), driven by robust growth in its asset management and wealth businesses.The stock opened marginally higher at Rs 944.50 but quickly reversed course, falling to an intra-day low of Rs 839.90 on the National Stock Exchange (NSE).Duri…
Latest Q1FY27 News & Updates
Mumbai, July 7 (IANS) Indian benchmark equity indices ended lower on Tuesday, snapping a four-session winning streak, as weakness in metal and realty stocks offset gains in information technology and consumer-focused sectors.The Sensex declined 104.35 points, or 0.13 per cent, to close at 78,180.72. The Nifty slipped 31.65 points, or 0.13 per cent, to settle at 24,398.70.Commenting on Nifty technical outlook, experts said that the 24,500–24,600 region remains the immediate and crucial resistan…
New Delhi, July 6 (IANS) India Inc’s corporate earnings are pegged at a compound annual growth rate (CAGR) of around 15 per cent during FY26-FY28, supported by improving macroeconomic conditions, easing geopolitical concerns and stronger earnings visibility, a report showed on Monday.The report by Motilal Oswal Financial Services Ltd. (MOFSL) said India is entering a more favourable phase after nearly two years of market consolidation, with attractive valuations positioning domestic equities to …
Mumbai, July 4 (IANS) Foreign institutional investors (FIIs) continued to remain net seller during this week, offloading Rs 4,000 crore based on provisional exchange data.On the other hand, domestic institutional investors (DIIs) were net buyers, purchasing Rs 12,630 crore in the domestic markets. During June, FIIs sold a cumulative Rs 49,030 crore, while DIIs bought Rs 85,800 crore, based on provisional exchange data.During current week, except for Friday, FIIs were net seller in rest of the we…