Business

Indian equity market outpaced most of its global peers in 2022 despite uncertainties due to rising interest rates and the geopolitical crisis between Russia and Ukraine. Where the benchmark equity indices BSE Sensex and NSE Nifty gained…

Two SME debutants Concord Control Systems and Silicon Rental Solutions, which made market debuts on the same day, October 10, are trading at levels that are more than double the price at which the shares were issued to IPO investors. While…

Shares of JSW Energy gained 3% today after the power producer said its arm JSW Renew Energy Two has commissioned 27 MW wind energy generation capacity at Tuticorin in Tamil Nadu as part of the first phase of its 450 MW wind project.  JSW…

YES Bank, BEML, Vedanta, Graphite India and Timken India are a few stocks that have recently seen breakout and are looking good on technical charts. A couple of technical experts have offed their views on resistance and support levels,…

Shares of Dhunseri Tea & Industries climbed 18 per cent in Tuesday's trade after the company said it has acquired Budlabeta Tea Estate and Hapjan Tea Estate from Apeejay Tea located in Tinsukia District of Assam in a bid to enhance…

Sensex ended lower for the second consecutive session on Monday led by a fall in IT and pharma stocks. Sensex slipped 34 points to end at 62,834 and Nifty gained 5 points to close at 18,701. Reliance Industries (1.46%), Tech Mahindra…

  Strong economic data in the US and a steep fall in stocks on Wall Street overnight are likely to hurt sentiment on Dalal Street, when the market resumes trade on Tuesday. Asian markets were mostly down in morning trade while the dollar…

Sensex ended lower for the second consecutive session on Monday led by a fall in IT and pharma stocks. Sensex slipped 34 points to end at 62,834 and Nifty gained 5 points to close at 18,701. Top losers  Reliance Industries (1.46%), Tech…

In its Analyst Day meet, ICICI Bank's CEO reiterated the bank’s focus on return on capital via granular profit, building of the most trusted brand and digital lead over peers. While no explicit financial guidance was given, the bank stated…

Shares of Dharmaj Crop Guard will be allotted to the eligible bidders today (December 5). The grey market premium (GMP) of the IPO stands at Rs 55, implying a likely listing at Rs 292 per share. The IPO had a price band of Rs 216-237 per…

  European shares slipped on Monday in cautious trading ahead of data on business activity amid concerns over an economic downturn in the bloc. China relaxing COVID-19 curbs following protests against the country's strict "zero-COVID"…

The ongoing rally in the PSU stocks grabbed everyone’s attention on Dalal Street in the ongoing calendar year, thanks to attractive valuation and the government’s focus towards the sector. Data shows that as many as six public state-owned…

Shares of Unichem Laboratories extended their losing run for the sixth straight session in Monday's trade. The stock slumped as much as 11.58 per cent to hit a day low of Rs 326.05 against its previous close of Rs 368.75. It eventually…

India's largest life insurer Life Insurance Corporation of India (LIC) is betting big on Gautam Adani-led Adani Group. So much so, that its investments in five Adani Group stocks - Adani Enterprises, Adani Green Energy, Adani Ports and…

Axis Securities has come out with its technical weekly report where it has recommended four stocks namely APL Apollo Tubes, Dalmia Bharat, Coforge & L&T Finance Holdings, with target prices that suggest up to 23 per cent potential…

Shares of Tata Steel were the top gainers on Sensex and Nifty amid a correction in the broader market for the second consecutive session today. In fact, the Tata Steel stock is trading at over six-month high after rising for five…

SBI Life, Grasim Industries and Gujarat Gas can be good short-term trading bets with a 1-2 month view, said analysts. The three stocks have give a breakout and analysts said momentum is positive on the three counters. SBI Life | Buy at Rs…

Shares of Persistent Systems fell after nine days of gain today after JPMorgan downgraded the stock to neutral with a target price of Rs 4,100. The downgrade in the stock comes after a 31% rally since upgrade by the brokerage to overweight…

Shares of NDTV fell nearly 5 per cent in Monday's trade on the last day of the open offer by Vishvapradhan Commercial Private, AMG Media Networks and Adani Enterprises Limited for an additional 26 per cent stake in the media firm.  The…

Shares of Bajaj Hindusthan zoomed 20% for the second straight session today after the sugar producer said it has settled entire overdues towards term loan installments till September 2022. Bajaj Hindusthan stock opened with a gain of 10.95%…

Indian equity market ended lower on Friday, snapping its eight-day rally, amid weak global markets and profit-booking at record level. Sensex slipped 415.69 points to end at 62,868.50. During the day, it crashed 604.56 points to 62,679.63.…

Monday would see the relisting ceremony of LTIMindtree. Shares of Panchsheel Organics will go ex-dividend today. The boards of Alfa Transformers and Gujarat Toolroom will meet today to consider proposals of preferential issue of shares.…

Share Market Updates Today: Indian equity benchmarks are expected to open on a higher note today, taking cues from Asian stocks. Asian markets were mostly up in early deals as Japan's Nikkei edged 0.04 per cent higher, China's Shanghai…

The coming week is going to be crucial as investors will be eyeing Services PMI to be out on December 05. The S&P Global India Services PMI was up to 55.1 in October 2022 from September's six-month low of 54.3. Also, the traders would…

Nifty Bank reached a high of 43,515.05 on the weekly chart and eventually settled the week at 43,103.75, up 0.28 per cent over its previous week's closing level. The banking index is maintaining above the 21-DMA on the weekly chart, which…

Nifty on Friday settled below the 18,900 level and recorded its first fall in nine sessions. The 50-pack index negated its higher high-low and formed a bearish candle on the daily chart. On the weekly scale, the index formed a bullish…

The Federal Open Market Committee (FOMC) minutes which hinted towards a less hawkish approach in the coming policies are expected to start a rally in global equities. While in the domestic market, India’s forex reserves have grown by $2.537…

A Now Hiring sign at a Dunkin' restaurant on September 21, 2021 in Hallandale, Florida.Joe Raedle | Getty ImagesThe unemployment rate in the U.S. declined for Hispanic workers and Black women in November, while the overall rate held…

At a time when Indian stock markets are hitting newer highs, Zerodha co-founder Nithin Kamath wondered on Friday on Twitter if this is the "most hated all-time high". "While markets are at all-time highs, the momentum in retail…

The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector.Leisure and hospitality was the top category for job gains, according to a report from the U.S. Bureau of Labor Statistics, adding…