Business

Shares of UCO Bank resumed uptrend, rising 6 per cent in Thursday’s trade after a fall in the previous session.  With this, UCO bank shares have rallied 46 per cent in the last seven trading sessions. The momentum is positive and more gains…

Shares of Tata Consumer Products (TCPL) climbed 3 per cent in Thursday's trade after a media report suggested the Tata group firm will buy India's largest packaged water company Bisleri International for up to Rs 7000 crore. Economic Times…

Foreign portfolio investor Polus Global Fund has sold its entire stake in Inox Green Energy on the day the stock listed on bourses. The transaction involved sale of 53.85 lakh shares at an average price of Rs 61.21 per share. Elara India…

Domestic stocks are likely to see a positive start to Thursday's trade after the Fed minutes of a recent policy review suggested most policymakers were seeing slower rate hikes ahead. That said, volatility may rise as the session…

Oil prices fell more than 4% on Wednesday as the Group of Seven (G7) nations looked at a price cap on Russian oil above where it is currently trading and as gasoline inventories in the United States built by more than analysts' expected.…

Shares of logistics firm Delhivery continued to decline for the sixth consecutive session on Wednesday to hit their record low level. The stock plunged 5.32 per cent to hit an all-time low of Rs 317. However, the scrip recovered some lost…

Howard Marks of Oaktree Capital Management says short-term trading is a waste of time, or worse.  In his latest memo to its Oaktree clients, Marks said the ups and downs of prices are influenced far more by swings in investor psychology…

Equity benchmarks closed higher on Wednesday amid buying in banking counters and a firm trend in global markets. Extending gains for the second straight session, Sensex gained 91.62 points or 0.15 per cent to end at 61,510.58. During the…

Shares of Transport Corporation of India were in focus today after financial services firm  Motilal Oswal Financial  Services assigned a target price of Rs 810, a 26 percent upside to the market price of Rs 643. The new target is 5.59 per…

Shares of One 97 Communications, Paytm's parent, continued their downward trend for the third straight session on Wednesday to hit fresh one-year lows. The stock further plunged 7.70 per cent to hit a record low of Rs 440.35, but no…

Ace investor Raamdeo Agrawal believes the downside for Indian stock markets is limited and the upside looks "pretty good" even as Nifty looks set to move beyond its all-time high.  The chairman of Motilal Oswal Financial Services Limited…

The rally in shares of Adani Power has run out of steam in the last six months. The multibagger stock traded flat at Rs 325.80 today against Rs 327.85 on May 23 this year. However, the large cap stock zoomed 226.82% this year and rallied…

The rally in shares of Adani Power has run out of steam in the last six months. The multibagger stock traded flat at Rs 325.80 today against Rs 327.85 on May 23 this year. However, the large cap stock zoomed 226.82% this year and rallied…

Shares of Mazagon Dock Shipbuilders have zoomed 307 per cent since February low to hit a fresh record of Rs 913.85 in Wednesday's trade. In fact, at 217 per cent return, Mazagon Dock Shipbuilders is the secon-best BSE500 constituent after…

From a 52-week low of Rs 10.52 on June 20 to a 52-week high of  Rs 21.35 on Tuesday, shares of state-run UCO Bank rallied 103 per cent, only to see some selling pressure in Wednesday's trade. Technical analysts are mostly positive on the…

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…