Thu, Mar 28, 2024 11:39 AM
Smallcap stock investors hit Rs 26 lakh-crore jackpot in FY24
A Flip by Riya Sharma
Private lender IDFC First Bank on 27 April announced the quarterly results for March quarter of FY 2024. The bank reported a decline in profit by 9.8 percent at ₹734 crore for Q4FY24, compared to ₹802 crore a year ago.Apart from this, the NII grew 24 percent at ₹4,469 crore in Q4FY24, compared to ₹3,597 crore in Q4FY24.More to come soon.
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Domestic equity benchmarks Sensex and Nifty 50 snapped their five-day winning streak dragged by financials and and consumer durable stocks amid mixed trends in global markets. For the week, the Nifty 50 and Sensex gained about 1.25 per cent and one per cent, respectively powered by a post-results rally in key index constituents and easing Middle East worries.Rising global crude prices.
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Even in a still-challenging macro environment, you can make your money work for you and gradually move closer to your financial goals. Investing in stocks can be a great way to boost your portfolio and compound returns that add to your wealth-building journey through the years.If you have $3,000 to invest -- money that you don't need for near-term financial obligations.
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