Business

Amid the surging US dollar, disruption in energy supply chain and signs of escalation of the conflict between Russia and Ukraine, global stock markets are currently jittery. Bourses around the world are declining relentlessly, for…

Shares of Hindustan Construction Company (HCC) zoomed 20 per cent  in the afternoon session today after the firm announced the completion of its debt resolution plan, supported by 23 banks and financial institutions. HCC stock has gained…

 Leapmotor is cruising in gloomy markets. The Chinese electric-vehicle maker priced shares of its initial public offering, the largest in Hong Kong this year, at the bottom end of a previously indicated range, per IFR. The deal has emerged…

Amid the ongoing uncertainty in the domestic equity market, as many as 32 stocks in the BSE 500 index have plunged over 50 per cent so far from their 52-week high levels. On the other hand, the benchmark equity index BSE Sensex retreated 8…

The initial public offer (IPO) of consumer durable and electronics retailer Electronics Mart India will open on October 4. The firm plans to raise Rs 500 crore through the issue. The IPO will close on October 7. The shares will be allotted…

Shares of Life Insurance Corporation (LIC) are trading 27 per cent lower to their initial public offer (IPO) listing price. Investors have lost nearly Rs 1.5 lakh crore wealth in LIC since May 17 (listing date). The stock of India's largest…

Benchmark indices tumbled for the fourth straight session on Monday, in line with weak global equities amid foreign fund outflows. Sensex tanked 953.70 points or 1.64 per cent to end at 57,145.22. Nifty fell 311.05 points or 1.80 per cent…

Indian equity benchmarks on Tuesday are likely to open in green, pausing a four-day losing run even as global markets remained jittery on economic growth concerns. Asian stocks were mixed as Japan's Nikkei index rose 0.83 per cent, South…

Recent profit warnings from bellwether companies like Ford Motor Co, may signal more challenges ahead for corporate America, increasing wariness for investors as the stock market deepens its sell-off. Investors are increasingly pricing in…

Benchmark indices tumbled for the fourth straight day on Monday, in line with weak global equities amid foreign fund outflows. Sensex tanked 953.70 points or 1.64 per cent to end at 57,145.22. During the day, it plunged 1,060.68 points or…

Shares of IT majors Infosys, Wipro, and TCS hit their fresh 52-week lows today as Indian markets tanked in line with global equities. High interest rates in the US and other major economies to tame inflation have brought the global economy…

This year has been tumultuous for Indian equity benchmarks. The domestic indices, which were gaining momentum on hopes of a post-Covid era, shivered again in February-end after Russia invaded Ukraine, denting investor sentiments. The…

Investors on Dalal Street witnessed an erosion of Rs 13 lakh crore of wealth in just four trading sessions as a sharp rise in dollar index and outflows by foreign institutional investors dampened sentiment amid weak global cues. Amid the…

Shares of Tata Chemicals slipped over 9 per cent today in line with broader markets amid negative global cues. The shares of the leading global chemical player fell after markets tanked worldwide on fears of recession. Apart from India, the…

Brokerage Ventura Securities is positive on a couple of Gautam Adani-led Adani group firms with an upside of up to 80 per cent in the next 24 months. Shares of the company have already been buzzing on Dalal Street due to multibagger returns…

Shares of Tata Motors slipped over 7 per cent today in line with broader markets amid negative global cues.  Bank of England saying last week that Britain's economy was now in recession, weakened sentiment around the Tata Motors stock…

Shares of Harsha Engineers International made a stellar debut today, listing at 36.36 per cent premium to their IPO issue price. The company listed at Rs 450 (up 36.36 per cent) on the NSE against the IPO issue price of Rs 330. Market cap…

Benchmark indices fell sharply by nearly 2 per cent each, extending their decline for the third straight session on Friday, amid a bearish trend in global markets. Sensex tanked 1,020.80 points or 1.73 per cent to end at 58,098.92. Nifty…

Technical View Posted by :- prashun talukdar "On the technical front, Nifty ended the week on a negative note extended losses for the second consecutive week in a row, on the daily time frame it ended with a long bearish candle which sums…

Asian stocks started the final week of the quarter on the slide on Monday, while the dollar stood ascendant, as the prospect of high interest rates and poor growth shook markets. S&P 500 futures ESc1 fell 0.2%. Ahead of the Hong Kong…

Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha, Nebraska, U.S., May 3, 2019.Scott Morgan | ReutersResearchers applied the Inflation Reduction Act's new 15% corporate minimum tax…

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019.Clodagh Kilcoyne | ReutersRaphael Bostic, the president of the…

It turned out to be yet another feeble week for the domestic equity market as benchmark equity indices BSE Sensex and NSE Nifty continue to decline for the second week. Market watchers believe that increase in the policy rate by the US Fed…

Despite uncertainty in the domestic equity markets, Harsha Engineers may list at a significant premium over its issue price of Rs 330 per share. The public offer, which opened for subscription on September 14, got oversubscribed by 74.70…

Benchmark indices fell sharply by nearly 2 per cent each, extending their decline for the third straight session on Friday, amid a bearish trend in global markets. Sensex tanked 1,020.80 points or 1.73 per cent to end at 58,098.92. During…

Shares of Adani Wilmar and Patanjali Foods (formerly called Ruchi Soya) have risen up to 29 per cent in a month as sentiment is upbeat due to the upcoming festive season. The shares of edible oil and packaged food products firms might…

Pledging of shares is like a double-edged sword. In a slowing economy or a bear market, the pledging could create havoc with promoters' cash flows. Historically, during economic slowdown, earnings of companies tend to decrease due to a fall…

Public sector companies have been buzzing on Dalal Street due to their superlative performance in the ongoing calendar year. The BSE PSU index has gained 13.32 per cent on a year-to-date (YTD) basis till September 22. On the other hand, the…

Shares of Paytm (listed as One97 Communications) were in focus today after global brokerage Goldman Sachs assigned an outperform call to the digital payments firm. Goldman Sachs is bullish on the business model of Paytm and has maintained a…

Shares of Mahindra and Mahindra Financial Services on Friday fell more than 14 per cent after the Reserve Bank of India (RBI) directed the company to stop using third-party services for loan recovery until further orders. The company's…