Business news

• ICICI Prudential Life Insurance to focus on growing absolute VNB amid slump in FY24
  April 23, 2024
  In its Q4FY24 results, the company#39;s VNB fell 19.45 percent to Rs 2,227 crore for FY24
• Tata Elxsi Q4 net profit, revenue decline QoQ; firm declares dividend of Rs 70 per share
  April 23, 2024
  The net profit was down 4.6 percent quarter-on-quarter compared to the October to December period of FY24 and 2.32 percent against the March quarter of FY23
• ICICI Pru Life Q4 net profit falls 26% to Rs 174 cr, insurer announces dividend
  April 23, 2024
  Net premium income rose to Rs 14,788 crore
• Cyient DLM#39;s profit after tax in FY24 surges 93%
  April 23, 2024
  For the full year, the company#39;s revenue stood at Rs 1,192 crore, which was 43.2 percent higher compared to the same period of the past financial year
• Tata Consumer Q4 net profit falls 19% to Rs 217 cr, firm declares dividend of Rs 7.75 per share
  April 23, 2024
  Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.

Market Report

• Taking Stock: Market fails to hold on to day#39;s gains, ends marginally higher
  April 23, 2024
  Grasim Industries, Bharti Airtel, Nestle India, Maruti Suzuki and HCL Technologies were the biggest Nifty gainers, while losers included Sun Pharma, BPCL, Reliance Industries, MM and Hindalco Industries
• Sensex, Nifty gain for third day in a row; easing volatility to support bull trend
  April 23, 2024
  Analysts expect the market to maintain the bullish undertone as elections and corporate earnings season continue
• Mid-day Mood | Cooling volatility sparks market rally, India VIX sees steepest fall in 4 years
  April 23, 2024
  Broader markets outperformed benchmarks, with the BSE Midcap and BSE Smallcap rising up to 0.9 percent
• Sensex, Nifty extend gains to 3rd day, Q4 results to guide stock-specific action
  April 23, 2024
  India VIX, which measures near-term volatility saw a sharp fall of 18 percent to trade around 10.42