Business

Wall Street jumped to robust gains on Monday as solid earnings and a financial policy reversal in Britain fueled risk appetite and boosted the sterling and euro against the greenback. All three major US stock indexes rallied to end the…

Commodity guru Jim Rogers has a warning for stock investors. While the author of ‘Street Smarts: Adventures on the Road and in the Markets’ feels a short-term rally cannot be ruled out, given the prevailing pessimism,  "that would be the…

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

The share allotment status of Tracxn Technologies' initial public offering (IPO) is likely to be announced on Monday. The Rs 309-crore initial share sale was subscribed two times at the close of the offer on October 12, helped by heavy…

Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during "Barron's Roundtable" at Fox Business Network Studios on January 09, 2020 in New York City.John Lamparski | Getty ImagesBank of America is scheduled to report…

Shares of leading consumer goods companies such as Hindustan Unilever Ltd (HUL) and Godrej Consumer Products are in focus as the Indian economy is attempting a recovery amid the ongoing global slowdown and rate hikes to curb rising…

Shares of Radhakishan Damani-led Avenue Supermarts (DMart) fell nearly 4 per cent in Monday's trade, as the retailer's September quarter results disappointed investors on several counts. Inflationary stress remains acute in the lower price…

Shares of State Bank of India (SBI) surged more than 2 per cent in Monday's trade amid strong buying seen in the banking pack, driven by healthy quarterly results. The scrip rose 2.54 per cent to hit a high of Rs 540.45 on BSE. The scrip…

HDFC Bank's September quarter net interest income (NII) beat consensus estimates; its retail deposit growth was strong and net interest margin (NIM) improvement was the first in three. Notwithstanding the merger overhang, analysts are…

Indian equity market witnessed a roller-coaster ride since last Diwali. Market watchers believe that a couple of factors including the geopolitical crisis between Ukraine and Russia, rising inflation and volatile inflows by foreign…

Shares of Mukesh Ambani-led conglomerate Reliance Industries Ltd (RIL) are trading over 17 per cent lower from their all-time high amid volatile market. RIL stock, which hit an all-time high of Rs 2,855 on April 29, 2022 was trading at Rs…

Shares of Dilip Buildcon jumped 4 per cent in Monday's trade after the company said it has received the letter of acceptance (LOA) for an order worth Rs 702.02 crore. In a filing to BSE, Dilip Buildcon said the order is for 'Surat Metro…

After a 53 per cent listing pop, short-term investors can look to book profits partially in Electronics Mart, said analysts, who believe investors who did not get Electronics Mart stock in the allotment process -- but still wish to enter…

Shares of Tata Elxsi fell over 8 per cent today despite the firm announcing a strong set of Q2 earnings. The Tata Group firm reported a 39.1 per cent rise in net profit at Rs 174.3 crore in Q2, up from a year-ago period of Rs 125.3 crore.  …

Shares of Bajaj Auto rose just over 1 per cent in Monday's trade even as the two-wheeler maker reported a strong set of September quarter results, thanks to doubts over the sustenance of the recent strong demand, weak exports and delay in…

Share Market Updates Today: Indian equity benchmarks are expected to trade lower today amid weak global cues. Asian peers fell today following a weak show on Wall Street last week amid heightened nervousness over the US Federal Reserve's…

The Indian market ended in the green on Friday powered by a rally in banking and IT stocks. Sentiment on Indian stock exchanges turned positive with a strong rally in the Asian markets, mirroring a stellar recovery in the US indices…

After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, logistics data shows.Container freight…

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

Indian equity benchmarks Sensex and Nifty declined during the week as market participants remained anxious over the data from the Reserve Bank of India (RBI) that showed India's foreign exchange reserves fell to $532.66 billion, their…

Country’s largest private sector lender HDFC Bank Ltd on Saturday reported a 22.30 per cent jump in its consolidated net profit to Rs 11,125.21 crore for the second quarter ended September 30. The net interest income grew by nearly 19 per…

Electonics Mart IPO, which received an overwhelming response from investors, may list at a significant premium on bourses on Monday. According to 5paisa.com, grey market premium (GMP) of the company was hovering around Rs 30 on Friday…

Domestic stock exchanges BSE and the National Stock Exchange will conduct the customary one-hour special ‘Muhurat’ trading between 6:15 pm and 7:15 pm on October 24, 2022. The block deal session will be held from 5.45 pm to 6 pm. The…

Initial shareholding data available with stock exchanges showed a couple of changes in the late ace equity investor Rakesh Jhunjhunwala’s portfolio during the second quarter of the ongoing financial year. The market maven died on August 14…

Country’s largest private lender HDFC Bank may report up to 25 per cent year-on-year growth in net profit on Saturday for the quarter ended September 30. Market watchers also foresee strong credit growth on the back of robust performance…

Nifty on Friday zipped past the psychological mark of 17,300 level, only to see profit booking in the last one hour of trade. Despite a gap-up start, the 50-pack index ended up forming a decent bearish candle on the daily chart. The 50-pack…

Customers shop at the GU Co. store in the SoHo neighborhood of New York, US, on Friday, Oct. 7, 2022.Gabby Jones | Bloomberg | Getty ImagesConsumer spending was flat in September as prices moved sharply higher and the Federal Reserve…

Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022.Victor J. Blue | Bloomberg | Getty ImagesWells Fargo said Friday that it is still seeing historically low loan delinquencies, but it made a decision to…

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022.Tom Williams |…

Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019.Kyle Grillot | Bloomberg via Getty ImagesCitigroup is scheduled to report third-quarter earnings before the…