Business

The coming week is going to be crucial for the stock market as it’s the start of the new month and it will be heavily loaded with macroeconomic data and announcements of quarterly results by some major companies.  On the economic front,…

Nifty on Friday formed indecisive candles on the daily and weekly charts. Analysts said the 50-pack index has been facing strong resistance at the 17,800 level, even as it is holding above its supports well. The trend is likely to be…

On the weekly chart, Nifty Bank made a high of 41,530. The index closed the week at 40,990.85, which was above the previous week's closing. The index is sustaining above 50 DMA on the weekly scale, which signals bullishness in the long run.…

The BSE Sensex gained 652.70 points, or 1.1 per cent, at 59,959.85 during the week ended October 28, 2022, while the Nifty inclined 210.5 points, or 1.2 per cent to 17,786.80. Market participants got some encouragement as US GDP growth of…

Violations and wrong-doings in the market can be done in many ways but insider trading and front running always grab the most headlines and all stakeholders, including capital markets regulator Securities and Exchange Board of India (Sebi)…

 Markets regulator Sebi on Friday imposed a total penalty of Rs 27 lakh on two entities for violating regulatory norms in the matter of RFL International Ltd. According to a Sebi order, the market regulator imposed a fine of Rs 17 lakh on…

U.S. consumer spending is experiencing a "mitigation of growth" but not a slowdown, Bank of America CEO Brian Moynihan said Friday.Interest rate hikes by the Federal Reserve are starting to be felt in the housing and auto markets, and…

Life Insurance Corp of India (LIC) is planning to transfer nearly $22 billion from policy holders' funds into a fund earmarked to pay dividends or issue bonus shares, two sources said on Friday, as the country's largest insurer aims to…

Halloween candy is for sale at a Harris Teeter grocery store on October 17, 2022 in Washington, DC.Drew Angerer | Getty ImagesAn economic gauge that the Federal Reserve follows closely showed that inflation stayed strong in September but…

The U.S. economy is experiencing a "mitigation of growth" but not a slowdown, Bank of America CEO Brian Moynihan said Friday.Interest rate hikes by the Federal Reserve are starting to be felt in the housing and auto markets, and renters…

The Indian market ended higher for the week today buoyed by positive global cues. While Sensex gained 657 points or 1.10 per cent to 59,959, Nifty climbed 1.20 per cent or 210 points to 17,786. Top gainers on Nifty during the week were…

Patience is the key to getting multibagger returns from your high-conviction bets in the equity market. There are at least 146 stocks in the BSE 500 index, which have surged over 500 per cent in the past 10 years. With a rally of 16,393 per…

Shares of Maruti Suzuki hit a fresh 52-week high today after the car maker reported better than expected earnings for the quarter ended September 2022. Maruti Suzuki reported a four-fold rise in net profit at Rs 2,061.50 crore in Q2…

Shares of leading insurers Life Insurance Corporation (LIC) and HDFC Life Insurance have turned weak amid volatile market conditions and fading investor interest in the last few months. LIC stock has disappointed investors since its market…

Foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) lapped up at least five BSE500 stocks from various sectors in the September quarter. The quarter was marked by a strong 8 per cent rally in the BSE Sensex, with…

Fusion Microfinance on Friday said its forthcoming Rs 1,104-crore initial public offer (IPO) will be sold in the Rs 350-368 price band from November 2 to November 4. The bidding for anchor investors will open on November 1. The IPO will…

Shares of FSN E-Commerce Ventures (Nykaa) on Friday fell for the third straight session ahead of the expiry of the pre-IPO investors' lock-in period on November 10. The stock tanked over 7 per cent to hit a record low of Rs 975.50 a piece…

Shares of Tata Steel were the top Sensex losers amid a rally in the broader market today. Tata Steel stock was the top Sensex gainer yesterday, rising 3.02 per cent to Rs 104.20. The BSE metal index was the top gainer in the previous…

The InvIT non-convertible debentures of National Highways Authority of India (NHAI) were listed on BSE today. Road Transport and Highways minister Nitin Gadkari rang the bell at BSE  at 9.15 am to mark the listing of debentures. Gadkari…

Shares of Maruti Suzuki gained 2 per cent in Friday's trade, as the largest passenger carmaker is expected to report a multi-fold jump in its September quarter profit later in the day. The auto major is seen reporting up to 358 per cent…

Shares of Dhanuka Agritech climbed 8 per cent in Friday's trade after the company said its board will consider a share buyback proposal next week. The agro-chemical company had earlier this week told stock exchanges that it would announce…

Indian market ended higher on Thursday led by gains in metal, consumer durables and oil and gas stocks. Sensex rose 213 points to 59,756. During the day, it hit a low of 59,496 and a high of 59,959. On similar lines, Nifty gained 80 points…

Over $200 billion in US stock market value went up in smoke in extended trade on Thursday, after a weak forecast from Amazon added to a string of downbeat quarterly reports from Big Tech companies. Amazon's stock tumbled 17% after the…

The S&P 500 and the Nasdaq posted losses on Thursday, as investors contended with solid economic data and a mixed bag of corporate earnings. The price-weighted Dow advanced, held aloft by industrials, while weakness in market-moving…

Shares of Shopify jumped 18% after the e-commerce company reported earnings that beat Wall Street's revenue estimates and a narrower-than-expected loss for the third quarter.Loss per share: loss of $0.02, adjusted, vs. loss of 0.07 expected…

Altria Group signage is displayed on a monitor on the floor of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesCigarette maker Altria Group on Thursday reported third-quarter earnings that missed Wall Street estimates as…

Andy Jassy, CEO of Amazon and then CEO of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017.David Paul Morris | Bloomberg | Getty…

Performer Jon Batiste, left, and Tim Cook, chief executive officer of Apple Inc., center, at the Apple Fifth Avenue store in New York, US, on Friday, Sept. 16, 2022.Bloomberg | Bloomberg | Getty ImagesApple reports fiscal fourth-quarter…

Wall Street's main indexes opened higher on Thursday after data showed U.S. economic growth rebounded in the third quarter, keeping at bay worries about an imminent recession fueled by aggressive monetary policy tightening. The Dow Jones…

McDonald's on Thursday said traffic to its U.S. restaurants is growing, helping the fast-food giant top analysts' expectations for its quarterly earnings and revenue.The company is bucking a trend seen by other chains, which have reported…