Business

U.S. stock indexes fell sharply on Friday, with the tech-heavy Nasdaq leading losses, as higher-than-expected job additions in November reignited investor concerns about the Federal Reserve continuing on its path of aggressive monetary…

Job growth was much better than expected in November despite the Federal Reserve's aggressive efforts to slow the labor market and tackle inflation.Nonfarm payrolls increased 263,000 for the month while the unemployment rate was 3.7%, the…

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.…

Shares of Bajaj Hindusthan Sugar ended 20 per cent higher today after the company said that it has settled entire overdues towards term loan installments till September 2022. Bajaj Hindusthan Sugar stock opened lower at Rs 11.12 today…

A host of analysts attended One 97 Communications’ Analyst Day meet, wherein the management provided insights into the business model across various segments. The Paytm’s management highlighted the large growth opportunity for the payments…

Shares of Raymond Ltd gained 19 per cent today amid a correction in the broader market today. Raymond stock opened lower at Rs 1364 today against the previous close of Rs 1366.80 on BSE.  Later, it touched an all-time high of Rs 1,626.45,…

If one goes by the latest projection given by select market players, the benchmark equity index BSE Sensex may hit the 1,00,000 mark in the next 4-5 years. The figure shows a 57 per cent upside from the record high level of 63,653.07, the…

Shares of Bharat Heavy Electricals Ltd  (BHEL) gained 7% in an otherwise weak market today after the state-owned firm entered the race for the mega Rs 58,000-crore contract to manufacture 200 Vande Bharat trains and maintaining them for the…

Westlife Foodworld (erstwhile Westlife Development), which operates McDonald’s restaurants across West and South India, through its wholly owned subsidiary Hardcastle Restaurants, hosted its Strategy Day where it rolled out its Vision 2027…

A host of stocks such as Talbros Automotive, Satin Creditcare, NLC India and Likhitha Infrastructure  were seeing healthy upsides of 2-8 per cent in Friday's trade amid company-specific developments. Shares of Likhitha Infrastructure were…

Stock of Cosmo First gained over 2% today after board of the firm cleared buyback of shares worth Rs 108-crore from existing shareholders. The company will buy back 10.09 lakh shares having a face value of Rs 10 each representing 3.70 per…

For Kanpur-based contrarian investor Ekansh Mittal, last four-five years were quite fruitful, with two pharma investments in 2017 and 2018, an auto ancillary investment in 2019, an online US retailing stock (2017-2021 holding period) and a…

Shares of PB Fintech, the parent of online insurance aggregator Policybazaar, jumped 6 per cent in Friday's trade as SoftBank probably sold 5 per cent stake in the company via block deal. NSE data showed a total of 2,28,42,424 Policybazaar…

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…

  Domestic stocks are likely to see tepid start to Friday's trade, ahead of the release of US non-farm payrolls data scheduled for later in the day. US stocks settled mixed overnight and the trend in Asian markets was no different. Dollar…

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…