Stock Market Today: The GIFT Nifty has lost 51.50 points today. It means the start is not good for the Indian market as a whole. Around 22,596.50 is the trading level for the Nifty futures. The market saw the dollar remain stable. However the yen struggled on the downside of the 156 level. Additionally, trade remained mainly range bound as most investors kept to their predictions regarding the number and timing of this year’s Federal Reserve rate cuts. With increasing expectations of the U.S. Securities and Exchange Commission (SEC) approving spot ether exchange-traded funds (ETFs), cryptocurrency prices spiked, driven by a spike in ether.
Stock Market Today: Stocks in focus
Bandhan Bank
With its main office located in Kolkata, Bandhan Bank Ltd. provides banking and financial services. With 6,297 banking locations and 3.36 crore clients, Bandhan Bank is present in 35 of the 36 states and union territories in India. having been granted permission to conduct universal banking by the Reserve Bank of India. After reporting a net profit of Rs 808 crore for the same period last year, Bandhan Bank posted a net profit of Rs 54.62 crore for the quarter that ended in March 2024.
Whirlpool
The American multinational company Whirlpool Corporation is based in Benton Charter Township, Michigan, and is a manufacturer and marketer of household appliances. Approximately 59,000 workers, more than 55 manufacturing and technological research centres worldwide, and a $19 billion yearly sales income were all reported for the Fortune 500 firm in 2023. For the quarter that ended in March 2024, Whirlpool reported a net profit of Rs 79 crore. Operating revenue totaled Rs 1,734 crore.
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