Business

Shares of Adani Total Gas on Friday settled above the Rs 1,000 mark after a gap of 24 consecutive sessions. During intraday deals, the scrip jumped 5 per cent to hit the upper price band of Rs 1,032.45. It eventually finished 2.49 per cent…

Domestic equity markets ended the week with a drop as benchmark equity indices settled lower on Friday. The absence of supportive global cues weighed on the market sentiments, which dragged the headline peers lower in the last hour of the…

India is an agriculture-driven country, whose about 60 per cent population is dependent on the primary sector. Monsoon is one of the major factors, which drives the Indian economy. A buzz of events like El Nino and La Nina may impact the…

Shares of the country’s largest lender State Bank of India (SBI) have delivered over 180 per cent return in the last three years. From trading around Rs 180 in March 2020, the stock is now hovering around Rs 512 (Thursday's closing price).…

The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and…

The ongoing financial year stood highly tumultuous for the Adani group of companies as the combined market capitalisation (m-cap) of seven-listed firms namely Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone,…

More than three dozen companies made their debuts during the financial year 2022-23, which was a mix for the Indian primary markets. A total of 38 companies raised about Rs 52,600 crore from their initial public offerings (IPO). However,…

Tata Technologies, a Tata Motors subsidiary, recently filed draft papers with Sebi. The proposed offer includes a sale of up to 8.11,33,706 equity shares, or 20 per cent capital, by Tata Motors. Among other selling shareholders, Alpha TC…

Shares of Aarti Drugs zoomed over 8% intraday in a highly volatile market today. The pharma stock climbed up to Rs 404.70 , rising 8.25% against the previous close of Rs 373.85 on BSE. Market cap of the firm rose to Rs 3,685 crore on BSE.…

The Centre has hiked the tax on futures and options (F&O) trading to Rs 2,100 from Rs 1,700 on a turnover of Rs 1 crore. With this, the Securities Transaction Tax (STT) levied on a turnover of Rs 1 crore has been hiked to Rs 12,500…

Accenture's second quarter results and FY23 guidance were as positive as its order wins. Brokerages such as Nirmal Bang and JM Financial said while one can draw the conclusion that Accenture's strong show is reflective of healthy demand, it…

Shares of Sundaram-Clayton Ltd slumped in Friday's trade amid heavy volumes. The stock cracked 20 per cent to hit a day low -- also its lower price band -- of Rs 3,858.80 over its previous close of Rs 4,823.45. The sharp movement in the…

Jefferies' Christopher Wood in his latest GREED & fear note said there is potential for renewed outperformance by India in an Asian and emerging market context. Valuation-wise, he said India’s valuation premium vi-a-vis China is in line…

Jefferies' Christopher Wood in his latest GREED & fear note said there is potential for renewed outperformance by India in an Asian and emerging market context. Valuation-wise, he said India’s valuation premium vi-a-vis China is in line…

Benchmark indices settled in red on Thursday after a two-day recovery amid negative global cues. Selling pressure was seen in the blue-chip counters. Sensex dropped more than 289.31 points, or 0.50 per cent, to 57,925.28 and Nifty50 shed 75…

Dalal Street snapped a two-day winning streak on Thursday and settled lower. The fag-end selling pressure amid the weekly F&O expiry dragged the indices lower. The BSE barometer Sensex shed 290 points, or 0.50 per cent, to 57,925.28.…

Shares of Asian Paints Ltd have declined 8.17 per cent in 2023 so far, in sync with a 5.30 per cent drop in the domestic equity benchmark BSE Sensex. The stock settled 1.49 per cent lower at Rs 2,797.40 today. The counter has slipped 22.08…

Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022.David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on Thursday raised its revenue outlook for fiscal 2023 for the second…

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.Al Drago | Bloomberg | Getty ImagesFord Motor said Thursday its electric vehicle business lost $2.1…

Bulls took a breather on Thursday as domestic benchmark indices settled in red after a two-day recovery, thanks to the negative global cues. Bears emerged victorious during the fag-end of the session as the selling pressure mounted in the…

Market regulator Sebi would soon take action against at least four companies that were allegedly pushing stock tips via social media without authorisation, Reuters reported quoting documents and two sources with direct knowledge of the…

Chinese tech giant Tencent released quarterly results Wednesday.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing…

Yudiz Solutions, a blockchain, artificial intelligence and game development company, has filed draft papers for IPO with the capital markets regulator SEBI. It is an SME issue and will be listed on the NSE Emerge platform.The issue will…

ICICI Securities has upped its target on Lemon Tree Hotels to Rs 132 a piece from Rs 125 a piece, suggesting a potential 75 per cent upside over its Thursday's intraday price of Rs 75.24 a piece. To recall, Lemon Tree Hotels had December…

ICICI Securities has upped its target on Lemon Tree Hotels to Rs 132 a piece from Rs 125 a piece, suggesting a potential 75 per cent upside over its Thursday's intraday price of Rs 75.24 a piece. To recall, Lemon Tree Hotels had December…

A small-cap multibagger stock, which has surged more than 200 per cent in the past five years, cracked in Thursday's trade following a review by CARE Ratings. Glass manufacturer Agi Greenpac Ltd, formerly known as HSIL Ltd, dived 10.25 per…

NSE has decided to discontinue the 'Do Not Exercise' (DNE) facility for Future & Option (F&O) traders from March 29, 2023. However, the facility will continue for Index Options traders.   On Monday, NSE Clearing Ltd issued a…

Shares of IndusInd Bank have risen 36% from their 52-week low, extending gains for the third consecutive session today. IndusInd Bank stock hit a 52-week low of Rs 763.75 on June 23, 2022 and was trading at Rs 1,041 in the afternoon session…

Chasing the portfolio of well-known individual investors on Dalal Street can sometimes help you to identify a stock which may deliver you solid returns even in a tough time. One such stock is Safari Industries which has rallied 106 per cent…

Shares of Maruti Suzuki rose 2 per cent in Thursday's trade after the car maker said it would pass on some of the cost pressure to consumers by raising vehicle prices from April 1. The price increase would vary across models, it told stock…