Business

Shares of Escorts Kubota Limited (EKL) are in focus after the company's analysts and investors meeting at the Faridabad facility. Notably, the stock has delivered multibagger returns to its long-term shareholders as it has zoomed over…

Five out of six BSE500 stocks, where retail investors increased stakes by at least 50 basis points in each of last four quarters, are down up to 60 per cent year-to-date, data compiled from corporate database AceEquity suggests. They…

Shares of India's largest carmaker Maruti Suzuki India were in focus today after the investment bank gave a buy call to the company with an upside of 35%. Shares of Maruti Suzuki gained 1.05% to Rs 8964.55 today against the previous close…

Inox Green Energy Services on Wednesday made a poor market debut, as the scrip got listed at Rs 60.50 on BSE, a 6.92 per cent discount to its issue price of Rs 65. At this price, it commanded a market capitalisation of Rs 1,766.23 crore.…

The Indian market closed higher after three sessions on Tuesday amid buying in index majors Infosys and Reliance Industries. Sensex rose 274.12 points or 0.45 per cent to end at 61,418.96. During the day, it jumped 321.79 points or 0.52 per…

Domestic stocks are likely to see a positive start to Wednesday's session, thanks to a rise in US stocks overnight, ahead of the monthly F&O expiry. Asian markets were trading higher in early trade, but crude oil prices jumped on…

US stocks rallied on Tuesday, with the S&P 500 closing at its highest level in 2-1/2 months, as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices…

Enrique Lores, CEO, HPScott Mlyn | CNBCComputer maker HP Inc. said Tuesday that it plans to cut 4,000 to 6,000 employees over the next three years. Shares rose as much as 1% in extended trading following the announcement.HP is the latest…

Shares of FSN E-Commerce Ventures (Nykaa) saw a dozen block deals on Tuesday, with Société Générale, BofA Securities, Morgan Stanley, Aditya Birla SL MF, ICICI Prudential Mutual Fund emerging as key buyers. The Nykaa stocks were lapped up…

A Best Buy store is seen in Los Angeles, California, U.S., March 13, 2017.Lucy Nicholson | ReutersBest Buy on Tuesday surpassed Wall Street's expectations for quarterly earnings, as demand for big-ticket consumer electronics held up despite…

Motorcyclists travel past a billboard advertising GoTo's initial public offering in Jakarta, Indonesia, on Friday, April 8, 2022. GoTo, formed through the merger of Gojek with e-commerce pioneer Tokopedia, raised $1.1 billion in one of the…

The Indian market closed higher after three sessions on Tuesday amid buying in index majors Infosys and Reliance Industries. Sensex rose 274.12 points or 0.45 per cent to end at 61,418.96. During the day, it jumped 321.79 points or 0.52 per…

Private homes in the River Valley/Orchard area in Singapore. Returning Singaporeans and expatriates have driven rental demand in Singapore, according to PropertyGuru's CFO.Lauryn Ishak | Bloomberg | Getty ImagesSingapore-based online…

Vedanta Ltd on Tuesday announced third interim dividend of Rs 17.5 per share amounting to Rs 6,505 crore.  "We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Tuesday, November 22,…

Shares of public sector lender UCO Bank are on a roll with the stock zooming nearly 47 per cent in the last five sessions. In three sessions alone, the stock has surged 36% on the back of heavy volumes. UCO Bank stock hit a 52 week high of…

Shares of One 97 Communications, Paytm's parent, slumped more than 11 per cent to hit a fresh one-year low on Tuesday trade after Macquarie analysts suggested that Jio Financial Services can pose a "significant risk" for the digital…

Jio Financial Services could be the fifth-largest financial services company in terms of networth post demerger with Reliance Industries, Macquarie said while noting that Reliance group has a network of more than 15,000 stores across…

Inox Green Energy, whose initial public offer (IPO) was sold from November 11 to November 15, will make its market debut on Wednesday. The listing ceremony for the wind power operation and maintenance service provider will take place at…

Asian stock markets mostly recouped early losses on Tuesday, supported by improved sentiment for China shares, but concerns lingered that Beijing may reimpose strict COVID curbs that could cause supply chain disruptions. The dollar pulled…

Market regulator Sebi said the SEBI Settlement Scheme 2022 for entities related to trading in illiquid stock options has been extended to January 21, 2023, thanks to a large number of entities having shown interest in availing the scheme.…

Shares of Kaynes Technology rose 34% intraday on their market debut today amid a positive sentiment in the broader market. Kaynes Technology stock zoomed 34.07% to Rs 787 from the upper end of their IPO price band of Rs 559 to Rs 587. At…

Shares of logistics services provider Delhivery hit their all-time low today, plunging nearly 4 per cent on stake sale by CA Swift Investments. Delhivery stock fell 3.95 per cent intraday to Rs 331.60 against the previous close of Rs…

Shares of NDTV tanked 5 per cent in Tuesday's trade after the Rs 493-crore open offer for an additional 26 per cent stake by Adani Group companies kicked off. The open offer was earlier scheduled to open on October 17. Shares of NDTV fell…

Shares of new-age internet companies are in focus after the lock-in period got expired for the pre-IPO investors. Ever since the lock-in expiry, investors have been diluting their stake in these counters. On November 17, Softbank sold 29…

A couple of midcap and smallcap stocks namely PVR, Aarti Industries, Mishra Dhatu Nigam and Indoco Remedies have seen rating updates by domestic brokerages.. Except for Mishra Dhatu Nigam, three others have received 'Buy' ratings by…

Benchmark indices fell for the third straight session on Monday and closed nearly 1 per cent lower amid weak trend in global equities. Sensex declined 518.64 points or 0.84 per cent to end at 61,144.84. During the day, the index tumbled…

Kaynes Technologies looks set to make a strong market debut on Tuesday. Last heard, the stock was commanding a grey market premium (GMP) of around Rs 150 over the issue price of Rs 587 a piece, suggesting a nearly 26 per cent listing pop…

Domestic stocks are likely to see a positive start to Tuesday's trade, but any upside could be limited amid concerns over the rising Covid cases in China. Dollar jumped amid safe haven demand while risky assets such as Asian market equities…

Eric Yuan, CEO, Zoom Video CommunicationsSource: CNBCZoom shares slumped more than 5% in extended trading on Monday after the video-chat company issued weaker-than-expected revenue guidance for its full fiscal year.Here's how the company…

Oil prices plunged on Monday to their lowest since early January, after the Wall Street Journal reported that Saudi Arabia and other OPEC oil producers are considering a half-million barrel daily output increase. Brent crude futures for…