Business

A "Now Hiring" sign is displayed during a job fair for Hispanic professionals in Miami, Florida.Marco Bello | Bloomberg | Getty ImagesThe unemployment rate among Hispanic workers dropped sharply in September, but that could be due to fewer…

The Go! Go! Curry restaurant has a sign in the window reading "We Are Hiring" in Cambridge, Massachusetts, July 8, 2022.Brian Snyder | ReutersSeptember's jobs report provided both assurance that the jobs market remains strong and that the…

The QIB category attracted 169.54 times bids while the quotas reserved for non institutional investors (NIIs) and retail individual investors (RIIs) were subscribed 63.59 times and 19.71 times, respectively.

Job growth fell short of expectations in September as efforts by the Federal Reserve to slow inflation took their toll on hiring, the Labor Department reported Friday.Nonfarm payrolls increased 263,000 for the month, compared to the Dow…

Indian market ended lower on Friday in a highly volatile trade amid weak cues in the global equity markets. Sensex lost 30.81 points to close at 58,191 and Nifty fell 17 points to 17,314. Consumer durables shares were the top sectoral…

IT bellwether Tata Consultancy Services (TCS), whose shares have fallen 20 per cent year-to-date (YTD) and yet outperformed its IT peers by a healthy margin, will announce its September quarter results on Monday. The Mumbai-headquartered…

Shares of ITC have risen 50 per cent year-to-date, outperforming peers such as Hindustan Unilever (up 10 per cent) and Nestle India (up 1 per cent) hands down.    The scrip, in fact, has rallied 62 per cent over its February low of Rs 207,…

The equity market made a bottom on June 17 this year when benchmark BSE Sensex closed at 51,360.42. The indices have rebounded since then and Sensex has zoomed 13.4 per cent to 58,222.1 as on October 6, 2022. Similarly, Nifty 50 index…

BSE on Friday said it has received an in-principle approval from the market regulator Sebi to introduce Social Stock Exchange (SSE) as a separate segment on the exchange.  “This is to inform that, SEBI has granted its in-principle approval…

The U.S. Federal Reserve has been raising rates too quickly, and recession risks will be "extremely" high if it continues to do so, said Jeremy Siegel, professor emeritus of finance at the Wharton School of the University of…

Shares of Tata Steel and JSW Steel are among the favourite picks of investors considering their brand image and size of their operations in the industry. While Tata Steel is the metal arm of the renowned Tata Group, JSW Steel is the…

The initial public offer (IPO) by Electronics Mart India continued to attract strong investor demand, with the issue attracting 13.56 times subscription by 12.30 pm, on the last day of the bidding process. The IPO, which got fully…

Bharti Airtel is likely to report a multi-fold jump in September quarter profit, a few brokerages suggested. The telecom operator may log 19-20 per cent year-on-year (YoY) growth in net sales, they said, adding that all eyes would be on the…

Shares of Nykaa (listed as FSN E-Commerce Ventures Limited) were in focus today after the fashion retailer received board's nod to sign an agreement with the Middle East's Apparel Group, a global fashion and lifestyle retail conglomerate…

Shares of Titan Company, late Rakesh Jhunjhunwala's biggest stock bet, climbed nearly 6 per cent in Friday's trade following the company's September quarter business update. Analysts said the market was factoring-in a muted growth for a few…

Zerodha's founder and chief executive officer(CEO) on Thursday said the new account settlement (AS) process would lead to upward pressure on brokerage rates over the next few years due to regulatory changes. "Starting this October 7th,…

Wall Street's major indexes closed lower on Thursday as concerns mounted ahead of closely watched monthly nonfarm payrolls numbers due on Friday that the Federal Reserve's aggressive interest rate stance will lead to a recession. Markets…

A worker takes a panini sandwich off a grill at a restaurant in the Union Market district in Washington, D.C., on Tuesday, Aug. 30, 2022.Al Drago | Bloomberg | Getty ImagesInvestors are closely watching the nonfarm payrolls report due out…

Foreign brokerage Jefferies said Nifty is likely to retest 15,500 level soon, as global macros and valuations concerns catch up with the Indian market. The NSE benchmark is down just 2 per cent year-to-date despite global headwinds.…

Indian stock markets made a bottom on June 17 this year when benchmark NSE Nifty closed at Rs 15,293.5. The indices have rebounded since then and Nifty has increased 13 per cent to Rs 17,274.3 as on October 4, 2022. Similarly Nifty…

Sensex and Nifty rose for the second straight session on Thursday amid mixed cues in the global equity markets. Sensex gained 156 points to end at 58,222 and Nifty climbed 57 points to 17,331. Capital goods, IT, and metal shares were the…

Shares of JSW Energy surged more than 13 per cent on Thursday after its arm, JSW Noo Energy, signed an agreement with the Maharashtra government to set up a 960 megawatt (MW) hydro pump storage project in the state's Raigarh district,…

Seasoned investor Vijay Kedia stayed put while Dolly Khanna upped stake by 12 basis points sequentially in auto component maker Talbros Automotive Components in the September quarter, latest shareholding pattern suggests.  Data available…

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have been surging since September 26 this year. The stock of the Indian Railways ticketing arm, which closed at Rs 664.5 on September 26 hit a high of Rs 734.50 today,…

At least five BSE-listed stocks are now tracked by a higher number of analysts than before, following initiation of coverage on them by individual broking firms in the last one week. The price targets on these stocks, namely FSN E-Commerce…

Shares of ZEE Entertainment Enterprises rallied over 7 per cent in Thursday's trade Zee after the Competition Commission of India (CCI) approved its proposed merger with Sony, subject to some conditions.  The next pit stop is to seek…

Foreign brokerage CLSA on Thursday said cement sector profitability will be at a multi-quarter low for its coverage universe in September quarter, but a recovery in margin is likely in December quarter. A demand recovery post festive season…

Shares of SpiceJet Ltd surged more than 5 per cent on Thursday as the budget carrier is likely to receive an additional loan of Rs 1,000 crore under the government's modified Emergency Credit Line Guarantee Scheme. Shares of the airline…

Shares of Adani Green Energy rose over 4 per cent today amid reports that the Gautam Adani led firm is planning to raise $1 billion via green bonds. Adani Green Energy stock rose 4.52 per cent to Rs 2,229.1 against the previous close of Rs…

Shares of Atul Auto rose 6 per cent in early trade today after the firm said that its board would meet on October 8 to consider raising funds via rights issue of shares. Atul Auto stock rose 5.95 per cent to Rs 211 against the previous…