Business

Wall Street's main indexes closed lower on Tuesday, the first session after the US Labor Day holiday and summer vacations, as traders assessed fresh economic data in volatile trading. A survey from the Institute for Supply Management (ISM)…

Shares of DreamFolks witnessed some profit booking after listing at around 55 per cent premium on Tuesday on the domestic stock exchange. The scrip traded at Rs 477.55 at around 12.20 pm (IST) against the issue price of Rs 326. Earlier, it…

"Markets' Resilience Indicates Dissociation With US Markets," says, Udayan Mukherjee, Global Business Editor, India Today. He also adds that a fair earning season, modest downgrades & West's outlook towards India in terms of equity…

Shares of Dreamfolks, the country's largest airport service aggregator platform, made a strong debut at the exchanges on Tuesday. The stock got listed at Rs 505 on the BSE index, a premium of 54.91 per cent against the issue price of Rs 326…

Market watcher Atul Suri, who spent ten years of his formative years working with Rakesh Jhunjhunwala, said the Big Bull touched his life in many ways. The CEO of Marathon Trends PMS said the ace investor was sharp in judging talent, which…

Indian equity benchmarks are likely to trade higher on Tuesday taking cues from the global markets. Trends on SGX Nifty indicated a slightly negative opening for the domestic indices. Asian shares rose today after China pledged to make…

The stock market ended higher on Monday despite negative global cues. Sensex rose 442 points to 59,245 and Nifty closed 126 points higher at 17,665. Of 30 Sensex stocks, 23 ended in the green. Sun Pharma, ITC, NTPC and Reliance were the top…

Shares of Patanjali Foods, earlier listed as Ruchi Soya Industries, have been on a dream run as the FMCG major has delivered over 300 times return in the past three years. Meanwhile, market capitalisation of the company surged to Rs 45,650…

The year 2021 was a record year for initial public offers (IPOs) with more than 60 companies coming to the stock market to list while cumulatively raising around  Rs 1.19 lakh crore. The current year till August saw 18 firms launch their…

Shares of Suzlon Energy on Monday surged as much as 19.98 per cent to hit the upper circuit, at Rs 10.57. The stock has been again locked in the upper band during afternoon deals after slipping from its day's high in late morning trade.…

During the last one-year, geopolitical tensions between Russia and Ukraine have disrupted the global energy supply chain and inflation-fuelled currency depreciation around the globe have severely impacted stock markets. Most of the major…

Analysts on Dalal Street are bullish on the initial public offering (IPO) of Tamilnad Mercantile Bank (TMB) which hit the primary market on September 5. The lender is one of the oldest and leading private sector banks in India, with a…

Dreamfolks shares are available at a premium of 30 per cent in the grey market, indicating a strong debut on bourses on September 6. Earlier, the issue, which was open for subscription from August 24 to August 26, got a robust response from…

Shares of telecom equipment maker HFCL gained over 6 per cent today as the board of the company approved raising of up to Rs 650 crore which would be invested in enhancing R&D facilities, setting up new production facilities to raise…

Shares of Paytm's parent firm, One97 Communications, tanked as much as 6.37 per cent on Monday to hit an intraday low of Rs 681.20 against its previous close of Rs 727.55. Taking the intraday low value into consideration, the stock has…

Is the U.S. economy showing no signs of a recession or hurtling inescapably towards one? Is it in fact already in one? More than a month after the country recorded two successive quarters of economic contraction, it still depends who you…

Shares of Vodafone Idea gained up to 5 per cent today amid reports that the loss-making telco has prepaid a short-term loan of about Rs 2,700 crore to the State Bank of India (SBI). Vodafone Idea stock touched an intraday high of Rs 9.42,…

Reliance Power along with its subsidiary entered into a Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore. The company, in an exchange filing, said it would use the fund "for settlement and…

Adani Green Energy is likely to find a slot on the 30-stock Sensex during the semi-annual review in December. Pharma major Dr Reddy's Laboratories is likely to be replaced by the Adani Group firm by the end of this year. "We are two-thirds…

The initial public offering (IPO) of Tuticorin-headquartered Tamilnad Mercantile Bank would open for subscription on Monday. The issue would conclude on September 7. The private sector lender has mobilised over Rs 363 crore from anchor…

Indian equity benchmarks are expected to trade cautiously on Monday open amid weak global cues. Trends on SGX Nifty indicated a slightly negative opening for the markets back home. The Nifty Futures on Singapore Exchange also known as the…

European stock futures slid on Monday while the euro took a fresh spill after Russia shut a major gas pipeline to Europe, leading some governments there to announce emergency measures to ease the pain of soaring energy prices. The euro…

"Quiet quitting" is having a moment.The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core…

Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse.Speaking to CNBC at the Ambrosetti Forum in Italy, Ferguson said the catalyst events had…

Commuters arrive at Grand Central station during morning rush hour in New York, Nov. 18, 2021.Jeenah Moon | Bloomberg | Getty ImagesThe August jobs report showed the U.S. unemployment rate rise across the board. Meanwhile, Black workers…

The U.S. economy added another 315,000 payrolls in August, with jobs growth slowing overall but still widespread throughout the economy.The economy saw growth in all the key sectors and subsectors in August, led by a gain of 68,000 jobs in…

The benchmark equity indices ended the week on a flat note with a negative bias as global economic gloom persists and investors eyeing the key US jobs data. Meanwhile, market participants also turned cautious as Moody's Investors Service…

Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported Friday.The economy added 315,000 jobs for…

Benchmark indices ended the week on a mixed note, taking cues from the weak trend in the global markets. Sensex rose 37 points or 0.06 per cent to settle at 58,803 and Nifty slipped 3 points or 0.02 per cent to close at 17,539. Of 30 Sensex…

Adani Enterprises is set to enter the benchmark equity index NSE Nifty on September 30. Market watchers believe that the addition will attract up to Rs 2,270 crore of increment fund flows. Shares of the company have already been buzzing on…