Tag: Indian Stock Market

Zomato’s losses tripled since IPO, revenue up 28%

"This divergence in reported profit/loss and Adjusted EBITDA will continue going forward," the company said

August 11, 2021

The Errant Market

The interest of FPIs in the Indian share market is surprising, because the profitability of Indian corporates is one of the lowest in the world; the combined net profit of BSE 500 companies in 2018-19 was US$ 63 billion, which is equivalent to 2.31 per cent of India's GDP, as against 6.1 per cent of the GDP in the US for the top 500 companies

September 8, 2020

With no respite for FPIs, Sensex nosedives 560 pts

'Fear of further outflow of foreign funds is the main trigger today as the government has made it clear that the tax on the super-rich is here to stay.'

July 19, 2019

Sensex, Nifty open in green ahead of Modi swearing in

The Sensitive Index (Sensex) of the BSE, which had closed at 39,502.05 points on Wednesday, opened higher at 39,580.28 points. Minutes into trading, it was quoting at 39,600.35 points, up by 98.30 points, or 0.25 per cent.

May 30, 2019

Yes Bank tanks 30% after Q4, rating downgrades

Yes Bank reported Rs 1,506 crore net loss, its first ever loss, on account of a spike in bad loans. This was followed by downgrades from agencies like Macquarie, Edelweiss, HSBC and Citi.

April 30, 2019