Business

Shares of KPIT Technologies climbed 4 per cent in Tuesday's trade, taking their winning run to the fourth straight session. The scrip has been rising even since the IT firm reported its September quarter results. The stock rose 3.66 per…

Shares of Multi Commodity Exchange (MCX) of India climbed over 8 per cent in Tuesday's trade following the commodity derivatives bourse's September quarter results. The scrip climbed 8.46 per cent to hit a high of Rs 1,485.75 on BSE. This…

UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan.Steve Fecht for ChevroletDETROIT – General Motors is…

Benchmark indices ended higher for the sixth straight session in volatile trade on Friday. Sensex closed 104.25 points higher at 59,307.15. During the day, the index jumped 388.03 points to 59,590.93. Nifty closed marginally higher by 12.35…

Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California.Mario Tama | Getty ImagesOne thing's clear at the start of the corporate earnings season: Inflation is still a hot topic for companies.About…

https://www.youtube.com/watch?v=2NB59YkrpGM     Diwali Muhurat Trading Updates Today: Indian equity indices would conduct a one-hour special 'muhurat' trading session on Monday, marking the beginning of Samvat 2079 -- the Hindu calendar…

FMCG major ITC and private sector lender Axis Bank emerged as the top Nifty stocks to buy this Diwali Muhurat Trading on October 24. In a Diwali survey conducted by BT Digital with 10 brokerages, as many as three analysts from Reliance…

Nifty Bank made a high of 41,032 on the weekly chart, before closing at 40,784.05 on Friday. The banking index has managed to give a breakout of its falling trend line on the weekly chart. A sustenance of the 50-day moving average reflects…

In the coming holiday truncated week, Indian equity markets will remain closed on October 24 and 26 on account of Diwali. However, on October 24 between 6.15 pm and 7.15 pm a special Muhurat trading session would be held on the bourses. The…

Indian stocks may continue with their relative outperformance over global peers in Samvat 2079, but a complete decoupling from global developments is unlikely, suggests a BT Digital Diwali Survey. Analysts said India's economy is faring…

Diwali marks the beginning of Hindu New Year Calendar. Across India, this festive period is considered as the most auspicious time to welcome wealth, prosperity and good luck. Right from Diwali poojan to trading activities, everything…

Key Indian equity benchmarks ended the trading week on a high with a surge of more than 2 per cent. The BSE Sensex gained 1387.18 points, or 2.39 per cent, at 59,307.15 during the week ended October 21, 2022, while the Nifty inclined 390.6…

U.S. Treasury Secretary Janet Yellen listens to a reporter's question at a news conference during the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022. Elizabeth Frantz | ReutersThe…

U.S Treasury yields rose further on Friday as investors digested the need for further interest rate hikes to curb inflation.Photo by Michael M. Santiago | Getty Images News | Getty ImagesEven though Latinos are the second-largest ethnic…

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019.Aly Song | ReutersTesla founder and CEO Elon Musk thinks the global economic decline can last for another year and a…

Benchmark indices ended higher for the sixth straight session in volatile trade on Friday. Sensex closed 104.25 points higher at 59,307.15. During the day, the index jumped 388.03 points to 59,590.93. Nifty closed marginally higher by 12.35…

Shares of Laurus Labs fell 7 per cent in Friday’s trade after the drug maker company reported less-than-expected September quarter results. The scrip fell 7.34 per cent to close the day at Rs 487.45 on BSE, taking its year-to-date fall to…

The initial public offering (IPO) by DCX Systems is set to hit the capital market on October 31, 2022. The company is aiming to raise Rs 500 crore through the public offer which comprises a fresh issue aggregating up to Rs 400 crore and an…

Shares of Canara Bank were in focus today after the public sector lender reported a 89 per cent jump in Q2 profit for the quarter ended September 2022. The stock is a part of late investor Rakesh Jhunjhunwala's portfolio. He owned 1.48 per…

Shares of Jammu Kashmir Bank (J&K Bank) soared 9 per cent in Friday’s trade after the lender reported doubling of its September quarter profit. At 2.36 pm, the scrip was trading at Rs 34.15 on BSE, up 8.41 per cent. With this, the…

Out of three Rakesh Jhunjhunwala portfolio banks, two, namely Canara Bank and Federal Bank, have delivered a healthy set of earnings in the September quarter.  State-owned Canara Bank posted an 89 per cent increase in its net profit to Rs…

Shares of Mphasis fell nearly 5 per cent in Friday’s trade after the IT firm reported a lower-than-expected results for the September quarter.  At 1.20 pm, the scrip was trading at Rs 2,048.75, down 4.58 per cent. With this, the scrip has…

Shares of Hindustan Unilever (HUL) jumped 2 per cent in Friday's trade ahead of its September quarter results.  Analysts are expecting the FMCG major to report a double-digit rise in net profit on a similar growth in net sales. On Friday,…

The power sector coupled with capital goods, fast-moving consumer goods (FMCG) and automobiles managed to add a spark to investors’ portfolio despite a tepid year for the domestic equity market since last Diwali. The benchmark BSE Sensex…

Shares of logistics services provider Delhivery hit their all-time low today, plunging nearly 19 per cent amid a broader market rally. Delhivery stock fell 18.79 per cent intraday to Rs 382.75 against the previous close of Rs 471.30. With…

Shares of logistics services provider Delhivery hit their all-time low today, plunging nearly 19 per cent amid a broader market rally. Delhivery stock fell 18.79 per cent intraday to Rs 382.75 against the previous close of Rs 471.30. With…

Samvat 2078 has been a tough year for investors on Dalal Street, even as the domestic market has performed relatively better than global peers. Motilal Oswal said the market is holding well and any major decline, led by global volatility,…

Nomura India on Friday initiated coverage on FSN E-Commerce (Nykaa) with a target of Rs 1,365, suggesting a potential 19 per cent upside. The foreign brokerage does not rule out the potential for the stock to double over next five years.…

While sharing its top Diwali Muhurat Picks, HDFC Securities in a report said that volatility in the domestic equity market may continue in Samvat 2079, though at a slower pace. The brokerage also thinks that the resumption of growth at the…

Benchmark indices continued their rally for the fifth day on Thursday amid fag-end recovery in equities led by buying in IT stocks. Bouncing back from its early fall, Sensex climbed 95.71 points or 0.16 per cent to end at 59,202.90. During…