Equity indices trimmed strong intra-day gains on Tuesday as profit-taking emerged after reports of a ceasefire violation between Iran and Israel. Sensex ended 158 points higher despite the volatility. Analysts expect markets to remain firm amid easing geopolitical tensions.
Sensex fell 511 points on Monday amid heightened Middle East tensions after US strikes on Iran. Oil price spikes and global uncertainty spooked investors, though selective buying supported mid and smallcap stocks. Global markets reflected mixed sentiment on the conflict.
Poonawalla Fincorp had approved the issuance of non-convertible debentures of face value of Rs 1 lakh each. The total amount of the NCDs are set to add up to Rs 2,500 crore. The NCDs will be issues through private placement, according to an exchange filing on Friday. The NCDs are proposed to be listed on the BSE.
Apr 25, 2025 / 12:00PM GMTOperator Ladies and gentlemen, good day, and welcome to the Poonawalla Fincorp Limited Q4 FY24/'25 and FY25 earnings conference call.
An analyst from Master Capital said that Poonawalla Fincorp has decisively broken out of its long-term descending trendline, confirming a trend reversal.
Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group NBFC, today unveiled an AI-powered underwriting solution developed in collaboration with IIT Bombay