BSE shares fall 2% despite 62% jump in Q1 net profit to Rs 874 crore. Should you buy, sell or hold?

BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during the reported period. Analysts maintained positive calls but reduced price targets due to regulatory changes. Industry volumes declined, impacting profit estimates for upcoming financial years. BSE shares experienced a slight decline after…

Kalyan Jewellers slips 3% as Q1 margin pressure overshadows 32% jump in net profit

Kalyan Jewellers shares fell 3% after its June-quarter results highlighted margin pressure despite strong earnings growth. Consolidated net profit rose 32% year-on-year to Rs 348.7 crore, while revenue surged 45.7% to Rs 10,588.9 crore. Investors remained cautious as higher gold exchange volumes and promotional offers weighed on margins, offsetting the retailer’s robust sales performance.

Why is market rising today? Sensex jumps over 400 pts, Nifty above 24,600. 8 factors behind D-St rebound

The Indian stock market saw a rebound on Wednesday, with Sensex and Nifty 50 trading higher. Easing oil prices and strong foreign institutional investor buying boosted investor sentiment significantly. Bharti Airtel and IndiGo shares led the gains, while Titan experienced a slight decline. Broader markets also performed well, with midcap and smallcap indices showing gains….

SpaceX’s first earnings: Revenue soars to $7.8 billion in debut results

SpaceX has reported a reduced loss alongside increased revenue, mainly driven by its burgeoning Starlink business. With ambitions to dominate global internet services, Starlink’s subscriber count has now doubled. The company is heavily investing in artificial intelligence and infrastructure, aiming for an impressive $100 billion in annual revenue by year-end, while also planning to launch…