Business

Seasoned investor Mukul Mahavir Prasad Agrawal has added another civil construction stock to his portfolio in the quarter that ended on December 31, 2023. The marquee investor picked up a stake in Capacite Infraprojects in the fourth…

Indian equity benchmarks slipped in early trade on Thursday ahead of the Reserve Bank of India's (RBI's) policy outcome. The 30-share BSE Sensex fell 114 points or 0.19 per cent to 59,575, while the broader NSE Nifty moved 32 points or 0.18…

Shares of Tata Steel, FSN E-Commerce Ventures (Nykaa) and Avenue Supermarts will be in focus on Thursday morning after the three companies came out with their March quarter business updates. While Tata Steel saw a 3 per cent rise in…

Buying in index heavyweights and supportive domestic cues lifted key equity indices on Wednesday. The BSE Sensex surged 582.87 points, or 0.99 per cent, to close at 59,689.31. The NSE's Nifty advanced 159 points, or 0.91 per cent, to settle…

A call for employment sign is displayed on a Dollar General convenience store on March 10, 2023 in Austin, Texas. Brandon Bell | Getty ImagesPrivate sector hiring decelerated in March, flashing another potential sign that U.S. economic…

Shares of Brightcom Group Ltd on Wednesday rose for the third straight session to settle at their upper price band of Rs 17.71 over its previous close of Rs 16.10. The stock has rebounded sharply, rising 47.83 per cent from its 52-week low…

Shares of Tips Industries Ltd fell today after three days of gains after the media and entertainment firm fixed record date for stock split. Tips Industries stock ended 0.03% lower at Rs 1,575 against the previous close of Rs 1575.70 on…

After a day's hiatus, Dalal Street took its winning streak to the fourth session on Wednesday as the benchmark indices were able to extend their gains, ignoring dull global cues. Strong quarterly updates from the index heavyweights, order…

Shares of Larsen & Toubro (L&T) jumped 4 per cent on Wednesday trade as it received repeat mega orders for its hydrocarbon business. While the engineering and construction major did not disclose the amount, it classifies mega order…

Life Insurance Corporation of India (LIC), the country’s biggest institutional investors, managed to get a handsome return from select smallcap and midcap stocks for the financial year ended March 31, 2023. The year gone by stood highly…

Shares of Atul Auto hit a fresh 52-week high today amid a rally in the broader market. Strong sales in March led to a rise in the stock of the three wheeler maker in the last four sessions. It has zoomed 29.49% percent in last four…

Hyderabad-based technology solutions Cyient Ltd's subsidiary Cyient DLM on Wednesday received a nod from market regulator SEBI to launch its initial public offering (IPO). The company's IPO comprises a fresh issue of shares aggregating up…

Shares of Cyient surged as much as 7 per cent during the trading session on Wednesday after its subsidiary Cyient DLM received approval from the capital markets regulator Sebi to launch its Rs 740 crore initial public offering (IPO). The…

Rajiv Jain, CIO of US-based boutique investment firm GQG Partners, who invested Rs 15,446 crore in four Adani Group firms, said he belives the stocks "could be multibaggers" over five years. Speaking to Bloomberg, Jain said he's unfazed by…

IT stocks have been reeling under the pressure recently as the valuations have corrected significantly amid rising inflation and recession worries. A host of IT and technology stocks have taken a severe hit and plunged as much as 91 per…

Shares of FSN E-Commerce Ventures Ltd, parent of Nykaa, continued to rise in Wednesday's trade, extending their rebound for the second straight session. The stock jumped 9.68 per cent to hit an intraday high of Rs 138.85 over its previous…

The stock market is a place to create a huge wealth in the long run despite the volatility in the short run. Take this: the benchmark equity index BSE Sensex has rallied over 1,000 per cent to 58,991.52 in the past 23 years till March 31,…

The top 10 stock holdings of Life Insurance Corporation of India (LIC), which account for roughly half of the life insurer's total equity portfolio, fared in line with the market in 2023 so far, falling a combined 3 per cent in notional…

Shares of PNB Housing Finance Ltd crashed nearly 18% on the record date of rights issue today. PNB Housing Finance shares, which closed at Rs 540.90 on NSE in the last session, plunged to an intraday low of Rs 445.15 on NSE. The stock…

YES Bank's shares were under the spotlight during the trading session on Wednesday as the private lender announced its operational performance for the quarter that ended on March 31, 2023. The stock was juggling between green and red in the…

Shares of One97 Communications (Paytm) gained in Wednesday's trade after the new age company said its merchant payment volumes (GMV) grew 40 per cent for the March quarter while its average monthly transacting users (MTU) rose 27 per cent…

Domestic stocks are likely open lower on Wednesday, tracking muted global cues. Asian stocks were trading mixed, as Wall Street stocks snapped a four-day winning streak overnight. Crude oil prices remained firm while the US dollar eased…

Wall Street closed lower on Tuesday after evidence of a cooling economy exacerbated worries that the Federal Reserve's campaign to rein in decades-high inflation may cause a deep downturn. All three major indexes fell as data showed US job…

Job openings fell below 10 million February for the first time in nearly two years, in a sign that the Federal Reserve's efforts to slow the labor market may be having some impact.Available positions totaled 9.93 million, a drop of 632,000…

Shares of Infosys settled 1.17 per cent lower at Rs 1,410.95 on April 3 over their previous close of Rs 1427.70. On a year-to-date (YTD) basis, the stock has slipped 7.44 per cent and lost 24.19 per cent in the past year. The IT major would…

A pharmaceutical company which was founded in Meerut in the year 1995 with an initial capital of Rs 50 lakh is now mulling raising funds through initial public offerings (IPO) in the next two months as per market reports. Rajeev Juneja…

Domestic brokerage firms are positive on select stocks including State Bank of India (SBI), Manappuram Finance, Bharat Electronics (BEL), Tata Consumer Products, Bajaj Finserv and Lemon Tree Hotels. These stocks appear to be strong…

After rallying 425 per cent in the last three financial years, brokerage Nuvama sees more upside in the company which is well placed in domestic markets. This is Hindware Home Innovation. Over the years, the company has diversified from…

The first trading day of the new financial year 2023-24 (FY24) didn't go well for KPIT Technologies Ltd. This was in complete contrast to the last trading day of FY23 (March 31, 2023) when the stock touched its 52-week high level (intraday)…

Seasoned investor Anil Kumar Goel and his better half Seema Goel stayed put on South India Paper Mills, at least till March 24, latest shareholding pattern suggested. The duo held 11.35 per cent in the company as on March 24, the same as…