In Q4FY22, Bank of India’s net profit increased 142.3 percent to Rs 606 crore
On improved net interest margins, the Bank of India‘s net profit increased 142.3 percent to Rs 606 crore in Q4FY22. In Q4FY21, it had a net profit of Rs 250 crore. The net profit for FY22 increased by 57.6% to Rs 3,405 crore from Rs 2,160 crore in FY21. Subject to shareholder approval, the board […]
Rupee gains, bond yields stable after US Fed keeps policy rates unchanged
By Administrator_India Capital Sands The rupee closed at 76.09 a dollar, up from its previous close of 76.23 a dollar The Indian rupee gained on Thursday after the US Federal Reserve (US Fed) kept its policy rates unchanged while tightening the pace of normalisation. Bond yields also remained steady as the US Fed policy fuelled risk appetite in the emerging […]
Australia stocks higher at close of trade; S&P/ASX 200 up 0.56%
By Administrator_ India Capital Sands Australia stocks were higher after the close on Tuesday, as gains in the Gold, Metals & Mining, and Resources sectors led to shares higher. At the close in Sydney, the S&P/ASX 200 gained 0.56%. The worst performers of the session were Flight Centre Ltd, which fell 4.61% or 0.78 points to trade at 16.14 at the […]
Dow Bags Record Close as Boeing Flies in Gains on New Orders
By Administrator_ India Capital Sands The Dow closed at a record high Monday, shrugging off weakness in energy stocks and bank stocks as Boeing racked up gains following new orders for its much-maligned 737 Max jets. The Dow Jones Industrial Average rose 0.30%, or 98 points to close a record $33,171.77, the S&P 500 was 0.1% lower, and the Nasdaq […]
Stocks to Watch: RIL, Yes Bank, Bank of Baroda, BPCL, IRCON, Indian Bank
By Administrator_India Capital Sands Here’s a list of top 10 stocks that could be in focus on Wednesday: Reliance Industries: Reliance Jio Infocomm Ltd, India’s largest telco, emerged as the top bidder, cornering roughly three-fourths of the spectrum sold in the 4G auction. Reliance Jio bought radio airwaves worth ₹57,122.65 crore in the first spectrum auction in […]
LIC books record profit in April-November
By Administrator_ India Capital Sands LIC’s profits primarily come from sale of shares in the insurer’s large, non-linked portfolio, which includes traditional life insurance policies LIC has booked its highest ever profit of ₹25,908 crore from selling stocks in the eight months ended 30 November, three people, including a top LIC official, said, as the […]