Business

Shares of DLF climbed nearly 4 per cent in Thursday's trade amid reports the real estate firm sold 292 luxury homes in Gurugram for over Rs 1,800 crore, within a few days of the launch of the project.  On September 26, DLF had launched its…

Sensex and Nifty staged a stellar recovery on Tuesday to end over 2 per cent higher amid positive cues in the global equity markets. Sensex zoomed 1,276.66 points or 2.25 per cent to end at 58,065.47. During the session, the index zoomed…

The U.S. labor market showed strength in September, with private companies adding more jobs than expected, payroll services firm ADP reported Wednesday.Businesses added 208,000 for the month, better than the 200,000 Dow Jones estimate and…

Valuation of IPO-bound OYO in the private market has dipped to around USD 6.5 billion following reports of a markdown of valuation of the hospitality and travel-tech firm by SoftBank in its private books, according to industry players. In…

Fears of a macroeconomic slowdown might have weighed in on banking stocks of late, the BSE Bankex has managed to beat the BSE Sensex by a good 10 percentage points in 2022 so far.     Analysts noted that banks have largely been reporting…

US stocks and oil on Tuesday posted strong gains for a second straight day while US Treasury yields slid as investors wondered if global efforts by central banks to fight inflation may ease in the future. A new report showing shrinking US…

Asian stocks rose on Wednesday as investors grew hopeful future global interest rate rises might become less aggressive amid early signs previous policy tightening was working to temper price pressures in some major world economies. MSCI's…

Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Federal Reserve officials this week gave their clearest signal yet that they're willing to tolerate a…

The level of job openings plunged by more than a million in August, providing a potential early sign that the massive U.S. labor gap is beginning to close.Available positions totaled 10.05 million for the month, a 10% drop from the 11.17…

Domestic indices have been outperforming global peers by a wide margin this year and if one were to go by Axis Securities, this outperformance may continue in the medium-to-long term, even as domestic stocks may turn volatile and…

Shares of IDFC First Bank on Tuesday surged 10 per cent to touch a 52-week high of Rs 54.15 in intraday deals. The stock climbed after the private lender posted a strong business update for September quarter (Q2) of the current financial…

Sensex and Nifty staged a stellar recovery on Tuesday to end over 2 per cent higher amid positive cues in the global equity markets. Sensex zoomed 1,276.66 points or 2.25 per cent to end at 58,065.47. During the session, the index zoomed…

Indian equities have witnessed high volatility with shares declining significantly in the last one year amid the recent turmoil in global markets. The benchmark Nifty 50 index has declined more than 10 per cent to 16,887 as on October 3,…

U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng's mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market downturn.Dan Kitwood | Getty ImagesLONDON —…

Markets will remain closed on Wednesday on account of Dussehra festival celebrations across the country. Also, there will be no trading in equity, derivative and SLB (Securities Lending and Borrowing) Segments, according to the BSE website.…

Shares of IndusInd Bank were the top gainers on Sensex and Nifty today after the private lender reported a strong loan and deposit growth for the September quarter. IndusInd Bank stock gained 5.38 per cent intraday to Rs 1218.3 against the…

Shares of travel company Easy Trip Planners climbed over 9 per cent in Tuesday's trade after the company said its board will meet on October 10 to consider a proposal for increase in authorised share capital, issue of bonus shares and/or…

Seasoned investors Dolly Khanna, Ashish Kacholia and Anil Kumar Goel saw their top five respective holdings delivering poor returns in an otherwise strong September quarter for smallcap stocks.   Anil Kumar Goel's biggest holding KRBL…

Bengaluru-based private market intelligence platform Tracxn Technologies has fixed the price band at Rs 75-Rs 80 per equity share for its forthcoming public offer. The initial public offering (IPO) will open for subscription from October…

B&K Securities is bullish on select stocks from the chemical space, which has already produced over 50 wealth creators in the past five years. The brokerage has a 'Buy' call on players such as SRF, BASF India, Gujarat Fluorochemicals,…

Shares of Mahindra and Mahindra Financial Services on Tuesday surged more than 11 per cent after the company said its business momentum continued last month with disbursement of around Rs 4,080 crore, delivering a 110 per cent year-on-year…

Shares of Avenue Supermarts gained 4 per cent today after the operator of supermarkets chain D-Mart announced a 36 per cent rise in standalone revenue for the quarter ended September 2022. Avenue Supermarts stock rose 3.98 per cent to an…

From Tokyo to Mumbai, stocks in Asia soared on Tuesday morning, mirroring a solid overnight rally at Wall Street. Stocks gained as hopes that the US Fed may do away with monetary tightening amid signs of weakening economy sent US treasury…

The Rs 500-crore initial public offer (IPO) by Electronics Mart India opened for subscription on Tuesday. The Hyderabad-based consumer durables retailer is offering shares in the Rs 56-Rs 59 price band.  While stiff competition from online…

The Indian market resumed its losing run on Monday amid weak global cues. Sensex and Nifty closed over 1 per cent lower on continued foreign fund outflows. Sensex tumbled 638.11 points or 1.11 per cent to end at 56,788.81. Nifty fell 207…

Shares in sports car brand Porsche fell below its listing price on Monday, the third day of trading since its $72 billion listing by parent company Volkswagen. The closely watched initial public offering (IPO) was the largest listing in…

Shares of Adani Enterprises plunged as much as 10 per cent on Monday, in line with the weaker trend in Indian equity benchmarks. The stock, which traded lower for the seventh straight session today, plunged a further 10 per cent or Rs…

The Indian market resumed its losing run on Monday amid weak global cues. Sensex and Nifty closed over 1 per cent lower on Monday on continued foreign fund outflows. Sensex tumbled 638.11 points or 1.11 per cent to end at 56,788.81. During…

Auto stocks have emerged as winners in an otherwise weak market of late. Against a 3.13 per cent drop in the BSE Sensex in the last one year, select auto stocks such as Maruti Suzuki, Tata Motors and Mahindra & Mahindra (M&M) have…

The upswing in fortunes of Gautam Adani, which briefly made him the world's second richest this past month, is the reflection of a strong rally seen in seven of Adani Group stocks so far this year. While 10 of Tata Group stocks delivered…