Stock markets are likely to be impacted today, as reflected in GIFT Nifty futures, which were down 31.4 points at 22,995 around 7:40 AM. In the last session, the Sensex closed at 75,996.86, gaining 57.65 points (0.08%), while the Nifty50 settled at 22,959.50, up by 30.25 points (0.13%).
ABB India reported a net profit of ₹528.41 crore for Q4, a sharp decline from ₹33,868 crore a year earlier. Revenue for the quarter increased to ₹3,364.93 crore from ₹2,757.49 crore in the previous year.
Bharti Airtel announced the landing of its 21,700 km-long SEA-ME-WE 6 submarine optical fibre cable in Chennai, enhancing global connectivity.
Texmaco Rail Engineering foresees a short-term slowdown in wagon order growth due to rising congestion in both freight and passenger train networks.
Creditors are set to deliberate on Vedanta’s planned demerger into 5 independent businesses this Thursday.
NTPC aims to develop 30 GW of nuclear power capacity over the next 20 years, with an estimated investment of $62 billion.
Paytm Services Private Ltd, a subsidiary of Paytm, has partnered with SBI Mutual Fund to introduce ‘JanNivesh ₹250 SIP,’ allowing users to start investing with just ₹250.
SBI Card’s board has approved an interim dividend of ₹2.5 per share (face value ₹10), with February 25, 2025, set as the record date for eligibility.
Power Grid emerged as the successful bidder under Tariff-Based Competitive Bidding for developing a new pooling sub-station in Karnataka, alongside ICT augmentation work at existing and under-construction sub-stations in Rajasthan.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 17, 2025, 7:26 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
