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Business
Titan shares drop post Q2 results. Should you buy, hold or sell?
Titan Company, a Jhunjhunwala portfolio stock, fell in Monday's trade after the company declared its September quarter earnings. Analysts, however, largely maintained their positive view on the stock, with price targets that suggest a 17…
Bank of Baroda shares rally 12% to hit fresh 52-week high. More gains ahead?
Shares of Bank of Baroda (BOB) rallied over 12 per cent in Monday's trade after the company reported a strong core pre-provision operating profit (PPoP) growth of 39 per cent in September quarter, with lower provisions and healthy net…
Q2 result previews: Paytm, PB Fintech, Coal India, BPCL & Divis Labs
Dozens of companies will report their September quarter earnings today. Among them are One 97 Communications (Paytm), PB Fintech (Policybazaar), Coal India, BPCL & Divis Labs. Analyst estimates suggest BPCL, Paytm and Policybazaar may…
REC, Supreme Ind and Supreme Petrochem to go ex-dividend; rights, bonus issue & more
A total of three stocks including REC, Supreme Industries and Supreme Petrochem will go ex-dividend today. The boards of Gloster and BLS International Services will consider proposals of bonus issues. Sequent Scientific and Gradiente…
US stocks dip, dollar up as China sticks to pandemic policy
US stock futures slipped in Asia on Monday after Beijing denied it was considering easing its zero COVID-19 policy, helping the dollar recover some losses while dealing a setback to oil and commodities.
Risk assets had rallied on Friday…
Can Nifty continue its upward march? Here’s what analysts say
Nifty on Friday formed a bullish candle on the daily scale. On the weekly scale, the index took out its previous swing high and formed a bullish candle with an upper wick, suggesting selling at a higher level. Analysts said the index may…
Nifty Bank Outlook: Book profits at high; Axis, HDFC Bank, SBI and BOB look good bets
Nifty Bank made a weekly high of 41,677, before settling the week at 41,258.45. Despite this, the banking index managed to close above its previous week's closing. On the weekly chart, the index is sustaining above its 50-period moving…
Mazagon Dock, Alembic Pharma, Adani Enterprises among 30 BSE500 stocks that gained up to 22% this…
The Indian market ended in the green for the week buoyed by positive global cues. While Sensex gained 990.30 points or 1.65 per cent to 60,950, Nifty climbed 1.86 per cent or 330 points to 18,117.
At least 30 stocks rose between 10 per…
Weekly Market Wrap: Strong domestic macro indicators help stock markets extend their winning streak…
Extending their winning streak for the third straight week, Indian equity benchmarks ended the passing week with a gain of around two percentage points, driven by the strength in Asian markets as investors eyeing clues on company health and…
The unemployment rate for Black men fell in October, but so did labor force participation
A Now Hiring sign at a Dunkin' restaurant on September 21, 2021 in Hallandale, Florida.Joe Raedle | Getty ImagesThe unemployment rate for Black men ticked down in October while it rose for most other groups, but that may be because workers…
Here’s where the jobs are for October 2022 — in one chart
Jobs growth came in better than expected in October thanks in part to strong gains in the manufacturing, health-care, and professional and business services sectors.Manufacturing jobs increased by 32,000 last month, boosted by gains in the…
Cipla’s profit up 11% YoY to Rs 789 crore in Sept quarter; EBITDA at Rs 1,303 cr
Indian drug major Cipla Ltd, on Friday, reported a 10.9 per cent year-on-year (YoY) increase in its consolidated net profit at Rs 788.9 crore for the quarter that ended September 30, 2022. This increase in consolidated net profit could be…
Payrolls surged by 261,000 in October, better than expected
Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market.Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to…
Fusion Micro Finance IPO: Issue subscribed nearly 3 times on Day 3
The initial public offering (IPO) of Fusion Micro Finance got subscribed nearly 3 times on the final day of bidding on Friday. The initial share sale received bids for 6,30,35,880 shares against 2,13,75,525 shares on offer, according to BSE…
Titan Q2 profit jumps 30% to Rs 835 crore; margin at 15%
Titan Company on Friday reported a 30.2 per cent year-on-year (YoY) jump in consolidated net profit at Rs 835 crore compared with Rs 641 crore in the corresponding quarter last year.
Consolidated sales for the quarter climbed 18.3 per cent…
DoorDash (DASH) earnings Q3 2022
A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020.Michael Nagle | Bloomberg | Getty ImagesShares of DoorDash popped more than 14% in extended trading Thursday after the food delivery company…
Ajanta Pharma shares plunge 7% as profit slips in Q2
Shares of Ajanta Pharma cracked nearly 7 per cent on Friday after the company posted a 20 per cent decline in consolidated net profit for the second quarter (Q2) that ended September 30.
The pharma company's Q2 profit came at Rs 156.6…
Carvana (CVNA) earnings Q3 2022
Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCShares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street's top- and bottom-line expectations for the third quarter and reported declines in revenue,…
Aamir Khan, Ranbir Kapoor pick up minority stakes in IPO-bound DroneAcharya Aerial Innovations
Bollywood celebrities Aamir Khan and Ranbir Kapoor, and market veteran Shankar Sharma, among others, have picked up minority stakes in DroneAcharya Aerial Innovations in the Pre-IPO round. The company recently filed its draft red herring…
Atlassian (TEAM) Q1 2023
Scott Farquhar, co-founder and co-CEO of the software company Atlassian, speaks during a jobs and skills summit at Parliament House on September 1, 2022 in Canberra, Australia. The Australian government is bringing together political,…
Bikaji Foods IPO fully subscribed on Day 2. Should you consider?
The initial public offer (IPO) of Bikaji Foods International got fully subscribed on Day 2 of the bidding process. The IPO received bids for 2,15,79,650 shares against the issue size of 2,06,36,790 shares.
The issue is purely an offer for…
Domestic institutional investors sold equities worth Rs 6,274 crore in last nine sessions
Domestic institutional investors (DIIs) seem to have started taking profits off the table, as market valuations turn expensive near record high levels.
Data available with corporate database AceEquity suggests DIIs sold a net of Rs…
Adani Wilmar shares slip for third straight session; what’s next?
Shares of Adani Wilmar plunged for the third straight session today with the Adani Group firm reporting a weak set of earnings in Q2.Adani Wilmar stock slipped up to 2.26 per cent to Rs 667.05 in the afternoon session today amid highly…
Tata Steel, Tata Power & 2 other Tata Group stocks among top 5 retail bets in BSE100
Four of top five retail bets in the BSE100 pack, in terms of percentage ownership, are Tata Group stocks. They included Tata Motors (DVR), Tata Power, Tata Steel and Tata Consumer Products. The fifth in the list is railway ticketing stock…
Vedanta shares up 7%, take 4-day gain to 16%. Should you buy, hold or sell?
Vedanta stock jumped 7 per cent in Friday's trade amid heavy volumes, taking its four-day rise to 16 per cent. Analyst price targets on the stock post its September quarter results, suggest limited upside potential on the counter. The scrip…
Global Health IPO: Subscription details, GMP, price band and more
The initial public offer (IPO) of Global Health Limited was subscribed 38 per cent in the afternoon session today. The firm received bids for 1.78 crore shares against an IPO size of 4.67 crore shares amounting to a subscription of 38 per…
November stock picks: SBI, IndusInd, Ashok Leyland, Varun Beverages & more
After strong market returns in October, upside for NSE benchmark Nifty looks capped in the short term, said analysts. IndusInd Bank, Ashok Leyland, SBI, Maruti Suzuki and Varun Beverages are among few scrips that at least two brokerages…
Hero MotoCorp shares tank 2% post Q2 numbers! What should investors do?
Shares of Hero MotoCorp Limited tanked 2.5 per cent to hit a low of Rs 2580.55 on BSE a day after the company posted its numbers for the quarter ended September 2022.
The company posted a 10 per cent decline in its profit to Rs 716 crore…
Amara Raja rallies 11% post Q2 results; Motilal Oswal sees stock at Rs 590
Shares of Amara Raja Batteries surged 11 per cent in Friday's trade after the automotive battery manufacturer reported better than expected September quarter results. The Andhra Pradesh-based company reported a 39.42 per cent YoY jump in…
Share Market News Today Live Updates: Sensex, Nifty set to open flat, tracking mixed Asian stocks
Share Market Updates Today: Indian equity benchmarks are set to open flat on Friday amid mixed global cues as investors awaited domestic earnings reports and US jobs data for hints on future rate hikes.
The US central bank raised…