Business

Shares of Metro Brands fell over 4 per cent ahead of the footwear retail chain's September quarter earnings set to be announced today. Metro Brands stock fell 4.48 per cent to Rs 890.10 against the previous close of Rs 931.90 on BSE.  The…

UltraTech Cement on Wednesday reported a 42.46 per cent year-on-year (YoY) drop in consolidated net profit at Rs 756 crore for the September quarter compared with Rs 1,314 crore in the same quarter last year. On a sequential basis,…

Brokerage Prabhudas Lilladher (PL) says it prefers companies with presence in emerging segments, strong balance sheets and business moats. While the uncertain global environment and expected slowdown in US and Europe remain a concern, the…

Tata Communications is a player in the digital technology ecosystem with a portfolio of products around data and voice. A smaller segment includes Tata Communications Payment Solutions and Tata Communications Transformation Services. The…

Shares of IndusInd Bank were trading on a flat note ahead of Q2 earnings set to be announced today. IndusInd Bank stock fell 0.52 per cent to Rs 1216 against the previous close of Rs 1223 in the afternoon session on BSE. On Nifty, the stock…

Shares of KPIT Technologies plunged 7 per cent in Wednesday's trade in a kneejerk reaction to the IT firm’s September quarter results.  KPIT Technologies reported a 2.28 per cent quarter-on-quarter (QoQ) drop in net profit at Rs 83.48…

Shares of FSN E-Commerce Ventures (Nykaa) on Wednesday hit a fresh all-time low of Rs 1,130 a piece on BSE, which was close to the issue price of Rs 1,125 that its IPO investors were allotted shares at.   The scrip fell 1.24 per cent to…

Shares of Tech Mahindra were trading higher today after the IT firm and the Gujarat government inked a memorandum of understanding to offer cutting-edge digital engineering services in the state. The IT services company has said that it…

The Indian market ended higher for the third straight session on Tuesday led by buying in capital goods, banking and auto stocks amid positive global cues. Sensex climbed 549 points to 58,960 and Nifty gained 175.15 points to 17,486.…

Wall Street stocks closed higher and Treasury yields dipped on Tuesday as upbeat earnings and better-than-expected factory data stoked a risk-on rally. Building on Monday's broad gains, the S&P 500 led the major US stock indexes higher…

Three Nifty50 constituents, namely Nestle India, IndusInd Bank and UltraTech Cement, are set to report their quarterly results today. While Nestle India is expected to report a modest 5-13 per cent rise in profit, UltraTech Cement could…

Adobe shares rose as much as 4% late on Tuesday after the software maker issued guidance for the next fiscal year that fell short of expectations, but blamed some of the shortfall on a stronger dollar and unfavorable foreign exchange…

Tracxn Technologies is all set to make market debut on Thursday, October 20. Last heard, the issue was commanding 'nil' grey market premium against a discount of Rs 3-4 a day ago, hinting at a muted listing for the stock.     The listing…

United Airlines forecast another profit for the end of the year and said consumer appetite for travel is showing no signs of slowing down despite high airfares.Shares jumped more than 7% in after-hours trading on Tuesday."Looking forward…

In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesNetflix shares skyrocketed more than 14% after the bell Tuesday as the company…

A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California.David Paul Morris | Bloomberg | Getty ImagesHasbro reported third-quarter earnings Tuesday morning that fell short of analysts'…

The Indian market ended higher for the third straight session on Tuesday led by buying in capital goods, banking and auto stocks amid positive global cues. Sensex climbed 549 points to 58,960 and Nifty gained 175.15 points to 17,486. …

David Solomon, chief executive officer of Goldman Sachs & Co., speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019.Patrick T. Fallon |…

An inclusion of select little-known stocks from the broader space has managed to add spark to investors' portfolios despite the tepid performance of the benchmark equity indices since Diwali last year. Data available with Ace Equity showed…

Shares of Tata Elxsi extended losses for the second session today after the firm announced earnings for the quarter ended September 2022. Revenue came below market expectations and some analysts were also of the view that the stock was…

ABB India, Tube Investment, Varun Beverages, TVS Motor and Bajaj Holdings & Investment are five stocks, which could be on investor radar ahead of MSCI’s November rejig. Nuvama Institutional Equities (erstwhile Edelweiss) sees high…

Shares of UltraTech Cement climbed 3 per cent in Tuesday's trade ahead of September quarter results.  The cement maker is expected to report a sharp fall in year-on-year (YoY) profit despite a double digit rise in sales. On technical…

The word ‘recession’ has been the talk of the town amid slowing growth and rising interest rates globally. Stocks have been hit hard, be it in the US or China. The widely-tracked US indices namely the Nasdaq Composite, the S&P500 and…

Shares of ZEE Entertainment climbed 6 per cent in Tuesday's trade amid block deals. Data available with NSE showed a total of 5,29,35,068 shares changed hands on the counter worth Rs 1,395.89 crore. The block deals came in the backdrop of…

Shares of Adani Wilmar gained nearly 5% in trade today amid a rally in the broader market in line with positive global cues. Adani Wilmar stock climbed 4.98 per cent to Rs 693.90 against the previous close of Rs 661 on BSE. The stock has…

Shares of Adani Enterprises rose nearly 2  per cent in Tuesday’s trade amid a PTI report suggesting the Supreme Court has dismissed Kerala government's plea against a decision to lease Thiruvananthapuram airport to Adani Enterprises. As…

Shares of Suzlon Energy gained nearly 6 per cent today after the renewable energy solutions provider said it won a new order to develop a 48.3 MW wind power project from Adani Green Energy. Suzlon will install 23 units of wind turbine…

Shares of Piramal Pharma will list on BSE and NSE on October 19 after the demerger from Piramal Enterprises during the second quarter of the ongoing financial year. Shares of Piramal Enterprises closed 0.18 per cent lower at Rs 804.45 on…

The stock fell 6.93 per cent to hit a low of Rs 64.40 on BSE amid high volumes. Against a two-week average of 8.98 lakh shares, a total of 14.42 crore shares had changed hands on BSE by 9.35 am. On NSE, a total of 4.38 crore shares changed…

The Indian market closed higher for the second straight session on Monday led by buying in Reliance Industries, ICICI Bank and a recovery in global markets. Sensex climbed 491 points to 58,410 and Nifty gained 126 points to 17,311. Mid-cap…