Business

A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., August 19, 2022.Sarah Silbiger | ReutersInitial filings for unemployment claims fell last week to their lowest level in five months, a…

Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers.Shares bounced around in premarket trading, as investors assessed the report. The company's…

Nifty on Thursday took its losing run to the seventh straight session and formed a large bearish candle on the daily chart. The index continued with recent its lower high-low formations and was near its oversold zone, as suggested by the…

Auto makers are all set to report healthy set of volumes data for September, partly due to early start to the festive season. Customer footfalls at showrooms have jumped, said a few analysts, who sees stock such as Mahindra & Mahindra…

The government said it would raise Rs 33,000 crore through the sale of bonds (government securities) on Friday. Four government securities (G-Secs) with rates from 6.69 per cent to 7.40 per cent would be auctioned through multiple…

The Indian market ended lower for the seventh straight session on Thursday amid weak global cues and continuous foreign fund outflows. Sensex fell 188 points to end at 56,409. During the day, the index rose 568 points to 57,166. For a…

Crude oil prices have soften a bit, with the benchmark Brent falling to around $88 per barrel level, down 26 per cent down from recent heights of about $120 per barrel. Here's how three oil marketing companies namely IOC, BPCL and HPCL and…

As many as 14 companies raised Rs 35,456 crore through main board initial public offerings (IPOs) during the first half of the ongoing financial year 2022-23 (April-September), according to Prime Database. The amount raised is 32 per cent…

CLSA on Thursday said the decoupling of domestic bonds and equity vis-a-vis global peers is unsustainable and is a reflection of lack of margin of safety.   In its latest strategy note, the foreign brokerage noted that the difference…

Shares of Tata Steel were trading below the Rs 100 mark for the fourth straight session today. The steel stock has corrected recently amid the ongoing volatility as fears of a recession roiled domestic market in the last six sessions. Tata…

At a time when Indian equity benchmarks have been losing heavy ground amidst a weakness in rupee and selling pressure from foreign investors, global financial major CLSA has said that data points from the bond and equity market hint that…

Profit booking coupled with falling currency and hopes of a further rate hike by the Reserve Bank of India (RBI) on September 30 dragged the banking stocks down in the past nine sessions. The Nifty Bank index plunged nearly 10 per cent to…

With the US Federal Reserve delivering a 75 basis points rate hike for the third time in a row this month, a 35-50 basis points increase in the repo rate by RBI's six-member MPC is all likely this Friday, said a few analysts who felt that…

Snapping a six-day losing streak, the BSE Sensex climbed over 500 points while the NSE Nifty50 topped the 17,000 mark in Thursday's trade, ahead of the expiry of September series futures and options contracts. The indices rebounded,…

Indian market ended nearly 1 per cent lower on Wednesday, tracking weak global cues and continuous foreign fund outflows. Sensex fell 509.24 points or 0.89 per cent to 56,598.28. During the day, it tanked 621.85 points or 1.08 per cent to…

Porsche AG shares will list on the stock market on Thursday after Volkswagen priced shares at the top end of the announced range, a sign the luxury brand has lured buyers despite market turmoil. Books closed on Wednesday with a final price…

Ray Dalio, founder of Bridgewater Associates LP, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022.Bloomberg | Bloomberg | Getty ImagesThe financial market turmoil…

Indian market ended nearly 1 per cent lower on Wednesday, tracking weak global cues and continuous foreign fund outflows.Sensex fell 509.24 points or 0.89 per cent to 56,598.28. During the day, it tanked 621.85 points or 1.08 per cent to…

Shares of metal and mining majors Tata Steel and Vedanta have been under pressure during the ongoing volatility in the market arising out of the economic slowdown and the Russia-Ukraine war. The falling demand for steel, oil and gas, iron…

Hyderabad-based consumer durable retail chain, Electronics Mart India has fixed the price band at Rs 56 to Rs 59 per equity share for its forthcoming initial public offering (IPO), which is slated to hit the primary market on October 4. The…

Lego Star Wars toys sit on display inside a Toys "R" Us Inc. store in Paramus, New Jersey, U.S., on Tuesday, Nov. 26, 2019.Bloomberg | Getty ImagesLego sales are building on pandemic-era growth, boosted by popular sets from Lego Star Wars…

Shares of Colorchips New Media hit upper circuit of 5 per cent for the second straight session today after the firm announced the date for split/sub-division of equity shares in the ratio of 1:5. The stock has delivered multibagger returns…

Chennai-based investor Dolly Khanna, who is known for picking quality smallcap stocks, has managed to get robust returns from select stocks on a year-to-date (YTD) basis amid the ongoing volatility in the domestic equity market. Data…

Shares of food delivery firm Zomato have tumbled 65 per cent from their 52-week highs hit last year. Zomato stock is trading at Rs 58 today, down 65.70 per cent from the yearly high of Rs 169.10 hit on November 16, 2021 on BSE. On July 27,…

Benchmark indices ended lower for the fifth straight session on Tuesday amid partial recovery in Asian markets. The indices attempted a comeback during the session but gave up gains in the last 45 minutes of trade. Sensex fell 37 points to…

The ongoing turbulence in Indian equity markets has made new-age technology stocks wobble as investors remain jittery about the economic growth concerns. In addition, the almost certain interest rate hike by the Reserve Bank of India (RBI)…

Indian equity benchmarks on Wednesday fell sharply in opening deals as global markets remained jittery on worries over a global recession. The domestic indices extended their fall for the sixth straight session in early trade. Analysts have…

The S&P 500 fell to its lowest level in almost two years on Tuesday on worries about super aggressive Federal Reserve policy tightening, trading under its June trough and leaving investors appraising how much further stocks would have…

Larry SummersCameron Costa | CNBCLONDON — Former U.S. Treasury Secretary Larry Summers on Tuesday warned that the U.K. has lost sovereign credibility after the new government's fiscal policy sent markets into a tailspin.The British pound …

Benchmark indices ended lower for the fifth straight session on Tuesday amid partial recovery in Asian markets. The indices attempted a comeback during the session but gave up gains in the last 45 minutes of trade.  Sensex fell 37 points to…