Business

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…

The Indian market ended in the green today 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 overnight.…

Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013.Yuri Gripas | ReutersMorgan Stanley is set to report third-quarter earnings before the opening…

The festive season is here and many brokerages have come out with Diwali stock picks that can deliver solid returns over the next one year. The Indian economy is in a sweet spot, they said, adding that India offers stability in terms of…

Benchmark equity indices soared nearly 2 per cent in Friday's trade, taking cues from global markets. The 30-share BSE Sensex rose 1,081 points, or 1.89 per cent, higher at 58,317 while the 50-share NSE Nifty index was up 301 points at…

Shares of Tata Elxsi rose over 3 per cent ahead of firm's Q2 earnings set to be announced today. Tata Elxsi stock gained 3.09 percent to Rs 8,570 against the previous close of Rs 8,313.10 on BSE. It has gained after three days of fall. Tata…

CLSA on Friday said Infosys' September quarter results, like peers, underline the resilience of the service portfolio and adeptness of the cost structure of Indian IT services companies.  While suggesting that the IT major's September…

The auto sector will kick start reporting September quarter earnings, with Bajaj Auto results today.   Analysts tracking the sector are largely expecting Bajaj Auto to report a 9-15 per cent year-on-year (YoY) rise in September quarter…

  With four of five tier IT companies reporting September quarter results, one thing is clear: While there are visible signs of a demand slowdown, the picture is not all that gloomy. Infosys performed better than HCL Technologies (HCL…

Well-known equity investors of Dalal Street including Ashish Kacholia, Dolly Khanna and Mohnish Pabrai raised their stake in select stocks in Q2FY23 when the benchmark equity index BSE Sensex jumped 8 per cent. Initial shareholding data…

Shares of Axis Bank were in focus today after brokerage CLSA raised its target price on the banking stock. The revised target price of Rs 1,100 is 37 per cent higher to the Thursday's closing of Rs 802.25. The previous target price for the…

Samvat 2078 turned out to be a year of peaks and troughs with a roller-coaster ride in the equity markets across the world. Since the last Diwali, the global market has witnessed significant volatility led by liquidity reversal, policy…

While data showing a four-decade high inflation print in the US was worrying, a head-scratching surge in US stocks overnight, on short coverings, paved way for a rally in Asian markets on Friday morning. India was no exception. Dancing to…

Indian benchmark indices opened higher today in line with a strong rebound in global markets. Sensex zoomed 1,087 points to 58,322 and Nifty rose 317 points to 17,331. The market capitalisation of BSE-listed firms reached a high of Rs…

Market ended lower on Thursday following heavy selling in banking, finance, and capital goods stocks due to inflation and growth concerns. Sensex fell 390.58 points to end at 57,235.33 and Nifty closed 109.25 points lower at 17,014.35.…

Two-wheeler maker Bajaj Auto is likely to report a 9-15 per cent year-on-year (YoY) rise in September quarter profit on a 10-17 per cent rise in net sales. Ebitda margin expansion may remain muted, owing to a weaker product mix, analysts…

Prices consumers pay for a wide variety of goods and services rose more than expected in September as inflation pressures continued to weigh on the U.S. economy.The consumer price index for the month increased 0.4% for the month, more than…

A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia.James D. Morgan | Getty ImagesDelta Air Lines expects to post…

An employee carries an order for a customer at a Domino's Pizza restaurant in Detroit.Sean Proctor | Bloomberg | Getty ImagesDomino's Pizza reported revenue that topped Wall Street expectations Thursday, even though its earnings fell short…

Market ended lower on Thursday following heavy selling in banking, finance and capital goods stocks due to inflation and growth concerns. Sensex fell 390.58 points to end at 57,235.33. Nifty closed 109.25 points lower to end at 17,014.35.…

Trent Limited, a Radhakishan Damani portfolio stock, has surged over 300 per cent in the last five years. The same stock has also delivered a whopping 1,100 per cent return in the last ten years. Analysts tracking the Tata group company…

The Walgreens store at State and Randolph Streets in Chicago.Nancy Stone | Chicago Tribune | Tribune News Service | Getty ImagesWalgreens Boots Alliance on Thursday exceeded fiscal fourth quarter sales and earnings expectations, as the…

Shares of Tata Motors, one of the widely tracked scrips in the auto sector, have been trading below the Rs 500 mark since February 17 this year. The correction in the stock can be attributed to the economic slowdown, global shortage of…

In the midst of volatility in stock markets globally, domestic stocks have relatively outperformed peers by a good margin in the last one year.  Economic parameters such as capex spend, discretionary consumption and pick-up in banking…

Life Insurance Corporation of India or LIC is the largest institutional investor in the Indian stock market with stakes in many listed entities. But the insurance behemoth is a shareholder not only in the listed entities but also owns a…

At a time when the Indian market has been struggling to keep its head above water, Sneha Poddar, AVP, Retail Research, Broking and Distribution, Motilal Oswal Financial Services Ltd (MOFSL), believes that 3Cs – Consumption, Credit growth…

PB Fintech, the operator of Policybazaar, will complete its first year of listing on bourses next month. After a robust debut on the stock exchanges during the third quarter of FY22, shares of the company have tanked over 60 per cent to Rs…

Talk about good timing. At a time when more than 70 companies are in the pipeline to enter the stock markets through initial public offerings (IPOs), capital markets regulator Securities & Exchange Board of India (Sebi) has announced…

Shares of Jaiprakash (JP) Associates fell more than 4 per cent in Thursday's intraday deals as the company didn't disclose any further details about its intention to divest cement business. The stock cracked 4.14 per cent to trade at Rs…

Seasoned investor Mukul Mahavir Agrawal stayed put on Indian Metals & Ferro Alloys in the September quarter, latest shareholding pattern suggests.  Agrawal held 7,78,900 shares or 1.44 per cent stake in this company as of September 30,…