Business

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…

Shares of Indian Hotels have doubled during the last one year on the back of good earnings show and aggressive expansion plans. The stock, which closed at Rs 142.54 on September 1 last year hit a record high of Rs 298.70 in today's session,…

Cloud-based communication provider Tanla Platforms, formerly known as Tanla Solutions, on Friday announced a proposal to consider a share buyback of the company next week. "This is to inform you that the Board of Directors of the company…

Shares of Reliance Power on Friday extended their gains to hit fresh 52-week high of Rs 23.75. The stock jumped as much as 17.11 per cent in intraday deals today from its previous close of Rs 20.28. In just two trading sessions, it has…

Shares of Adani Enterprises hit all-time high today after National Stock Exchange of India (NSE) announced that the Adani Group firm would be included in Nifty 50 index, replacing Shree Cement, from September 30. On the other hand, shares…

Analysts maintained their positive view of Piramal Enterprises citing a positive risk-to-reward ratio after the company demerged its pharmaceutical business. The company had fixed September 1, 2022 as the demerger of Piramal Pharma record…

The upcoming initial public offering (IPO) of Tuticorin-headquartered Tamilnad Mercantile Bank is in the hands of Securities Appellate Tribunal (SAT). The minority shareholders of century-old private sector lender have approached the…

Shares of NTPC their hit 52-week high today amid reports that ArcelorMittal, Brookfield and Canada Pension Plan Investment Board emerged among over dozen entities that expressed interest to purchase stake in the firm's green energy arm --…

Benchmark indices closed lower on Thursday amid weak global cues and a sell-off in IT stocks. Sensex fell 770 points to close at 58,766 and Nifty declined 216 points to settle at 17,542. Reliance Industries, TCS, Sun Pharma, Tech Mahindra…

The Indian market opened higher today. Sensex rose 253 points to 59,020 and Nifty gained 77 points to 17,619 in early trade. Benchmark indices closed lower on Thursday amid weak global cues and a sell-off in IT stocks. Sensex fell 770…

Pedestrians pass by a Lululemon store.Scott Mlyn | CNBCLululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts' expectations, as shoppers stocked up on workout gear even as surging prices have hurt…

India's largest bourse, National Stock Exchange of India (NSE) on Thursday announced that Adani Enterprises would be included in Nifty 50 index, replacing Shree Cement, from September 30. This would be the second stock from the billionaire…

Initial filings for unemployment insurance fell to their lowest level since late June last week, a sign that the labor market is resilient amid a slowing economy.Claims totaled a seasonally adjusted 232,000 for the week ended Aug. 27, a…

Benchmark indices closed lower on Thursday amid weak global cues and a sell-off in IT stocks. Sensex fell 770 points to close at 58,766 and Nifty declined 216 points to settle at 17,542. Reliance Industries, TCS, Sun Pharma, Tech Mahindra…

Shares of Tata Power were trading 21 per cent lower today compared to the record high they touched in April this year. Tata Power stock was trading at Rs 235 on BSE, 21.14 per cent lower to the record high of Rs 298 hit on April 7, 2022. …

Kanpur-based Ekansh Mittal (34), who enjoys playing tennis, watching web series and reading books, is also one of the youngest equity investors who has spotted several multibaggers in his 20s. His passion for equities helped him to spot at…

DreamFolks Services will finalise allotment of shares post its initial public offering (IPO) today. The IPO was open from August 24 to August 26. The issue was subscribed 56.68 times on the last day. The IPO received bids for 53.75 crore…

Shares of Adani Ports and Special Economic Zone were in focus today after financial brokerage firm Nomura gave a buy call to the Adani Group firm with an unchanged target price of Rs 1,025. The target price translates into a 22 per cent…

SpiceJet shares declined over 14 per cent amid a falling market in early trade today after the budget carrier reported widening of net loss to Rs 789 crore in the June quarter as high fuel prices and rupee depreciation adversely impacted…

Benchmark indices staged a stellar recovery rally on Tuesday a day after the market came under strong selling pressure due to ultra-hawkish stance of the US Federal Reserve. Sensex closed 1,564 points or 2.70 per cent higher at 59,537 and…

The Indian market was trading lower in the afternoon session today. Sensex fell 772 pts to 58,764 and Nifty lost 223 pts to 17,536. Benchmark indices staged a stellar recovery rally in the previous session a day after the market came under…

The Indian market ended lower today. Sensex closed 770 points lower at 58,766 and Nifty slipped 216 points to 17,542. Benchmark indices staged a stellar recovery rally in the previous session a day after the market came under strong selling…

US stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist. Adding to pressure…

The logo of Swedish payment provider Klarna.Thomas Trutschel | Photothek | Getty ImagesKlarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news for the "buy now, pay later" pioneer.The…

A hiring sign is seen in a cafe as the U.S. Labor Department released its July employment report, in Manhattan, New York City, August 5, 2022.Andrew Kelly | ReutersCompanies sharply slowed the pace of hiring in August amid growing fears of…

Russia's Gazprom saw its shares surge on Wednesday after reporting bumper first-half profits and announcing a new dividend to shareholders.Stoyan Vassev | Press service of Gazprom Neft | via ReutersRussian gas giant Gazprom posted a record…

Foreign institutional investors turned aggressive buyers on Dalal Street in August with a net inflow of over Rs 51,000 crore during the month. Following the heavy buying by global investors, the benchmark equity index BSE Sensex gained…

US stocks closed lower for a third straight session on Tuesday as a rise in job openings fueled fears the US Federal Reserve has another reason to maintain its aggressive path of interest rate hikes to combat inflation. The benchmark…

A "Now Hiring" sign is posted at a Home Depot store on August 05, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesThere were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor…

The share market will remain closed on Wednesday (August 31, 2022), on account of Ganesh Chaturthi or Vinayak Chaturthi. According to information available on the NSE website, NSE will not conduct any trading for the entire session on…