Business

Share Market Updates Today: Indian equity benchmarks are expected to open on a lower note today amid weak cues from the global markets. Asian shares fell, tracking an overnight decline in Wall Street. Japan's Nikkei plunged 1.55 per cent,…

Shoppers line up outside of Ulta Beauty before the 6am opening on Black Friday.Aimee Dilger | LightRocket | Getty ImagesUlta Beauty on Thursday boosted its outlook and surpassed Wall Street's quarterly earnings and sales expectations, as…

A man climbs into the fridge for milk at a Walmart store in Rosemead, California on November 22, 2022.Frederic J. Brown | AFP | Getty ImagesInflation rose in October about in line with estimates, sending a sign that price increases at least…

Benchmark indices ended higher for the eighth straight session on Thursday, logging fresh record closing highs, amid strong global market trends. Buying in IT stocks also added to gains. Sensex climbed 184.54 points or 0.29 per cent to end…

Shares of Hatsun Agro Product zoomed 12% today after the firm said its board would meet on December 3, 2022 to decide the terms and conditions of the upcoming rights issue. Hatsun Agro Product stock climbed 11.95% intraday to Rs 998 against…

At the time when the benchmark equity indices BSE Sensex and NSE Nifty are hovering at their record high levels, as many as 85 stocks from the chemical space are still down over 25 per cent from their respective 52-week high price. However,…

India’s data centre market is expected to double in next three years. After growing by leaps and bounds in the past five years, the pace of launch of new data centres is here to stay. As per a latest report by Canadian professional services…

Shares of Mukesh Ambani-led Reliance Industries Ltd (RIL) were in focus today after brokerage Jefferies assigned a target price of Rs 3,100 on the large cap stock. The target amounts to an upside of 13.45% to the previous close of Rs…

As many as 36 listed banks recorded a combined net profit of Rs 62,521 crore in the September quarter, up 54.2 per cent YoY over a net profit of Rs 40,558 crore in the corresponding quarter last year. On a sequential basis, domestic banks…

The Kirit Parikh Committee has submitted its report on prices of natural gas, which recommended a cap of $4-6.5 per mmBtu for gas produced from older fields by ONGC and Oil India, with cap rising $0.5 per mmBtu every year and a deregulation…

ACCRA, GHANA - NOVEMBER 05: Ghanaians march during the 'Ku Me Preko' demonstration on November 5, 2022, in Accra, Ghana. People took to the streets of Ghana's capital to protest against the soaring cost of living, aggravated since the…

Shares of Timken India climbed 11 per cent in Thursday's trade to snap a three-day losing streak. JM Financial has maintained a buy rating on the stock valuing it at Rs 3,700, based on 45 times FY25E EPS. On Thursday, the scrip rose 10.99…

Shares of Hatsun Agro Product rallied 11 per cent in Thursday's trade after the company said its rights issue committee is scheduled to meet on Saturday, December 3 to consider, discuss and decide the terms and conditions and other related…

Shares of Route Mobile are trading 29% lower to their 52-week high and are expected to recover lost ground amid the ongoing market rally. The mid cap stock hit a 52-week high of Rs 1935 on January 12, 2022.  In the current trading session,…

Ace investor Ashish Kacholia has bought 3,97,000 Likhitha Infrastructure shares at Rs 386 a piece, lifting the stock by 5 per cent in Thursday's session. Kacholia bought Rs 15.20 crore worth of stake in the civil construction company in a…

Shares of Zomato rose 2 per cent in Thursday's trade after a subsidiary of Singapore-based sovereign wealth fund Temasek emerged as a buyer, as Alipay dumped Rs 1,631 crore worth company shares in bulk deal on Wednesday. The stock rose 2.07…

Shares of TCS climbed nearly 2 per cent in Thursday's trade after the IT firm said it has been selected by the Rail Delivery Group (RDG) to design, develop, implement, and operate the UK’s Rail Data Marketplace (RDM). The contract between…

Bandhan Bank, SBI Card, Britannia Industries and Route Mobile are among stocks which have see brokerage upgrades/ initiation today. Among them,  except for Bandhan Bank, other three stocks have received 'buy' rating from analysts. Bandhan…

Salesforce cofounder and co-CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, Calif., Tuesday, May 22, 2018.Karl Mondon | Bay Area News Group | Getty ImagesSalesforce reported…

The New York Stock Exchange welcomes Snowflake (NYSE:SNOW), on Tues. Dec 21st, 2021, to usher in the first day of winter. To honor the occasion, Snowflake the bear, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings…

Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.His comments will come as investors look for clues on future monetary policy moves by the U.S. central bank. The Fed has raised rates by 75 basis…

Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022.Michael Nagle | Bloomberg | Getty ImagesJob openings dipped in October amid the Federal Reserve's efforts to cool off a…

Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report Wednesday from payroll processing firm ADP.Companies added just 127,000 positions for the…

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014.Lucy Nicholson | ReutersElon Musk thinks a recession is coming and worries the Federal Reserve's attempts to bring…

The initial public offering (IPO) of Uniparts India opened for subscription on Wednesday. The global engineering systems and solutions provider fixed the IPO price band at Rs 548-577 per share. The issue attracted bids for 58,36,700 crore…

The initial public offering (IPO) of Dharmaj Crop Guard on Wednesday received a stellar response from investors on the final day of bidding. The issue, which was fully subscribed on Day 1, attracted bids for 28,43,51,820 crore equity shares…

Sensex ended above the 63,000 mark for the first time on Wednesday, extending its winning streak to seventh day amid a largely positive trend in global markets and continuous foreign fund inflows. The 30-stock index zoomed 417.81 points or…

If fortnightly data for the first half of November is any cue, foreign portfolio investors bet heavy on stocks from information technology, automobile and auto components, construction, telecom operators in a month that saw a total of Rs…

Shares of Indian Energy Exchange (IEX) are trading at a 51% discount to their 52-week high. IEX stock stood at Rs 147.90, down 0.47% today against the previous close of Rs 148.60. The current market price amounts to a 51.3% discount to the…

Kaiser Corporation, S&T Corporation, Alliance Integrated Metaliks and Hemang Resources are among eight microcap stocks, which left investors scratching their heads, as the stocks zoomed up to 21 times or 2,000 per cent in 2022 so far,…