Business

Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.The consumer price index increased 0.4% for the month, putting the annual inflation rate…

Dominance of bears continued at Dalal Street as benchmark equity indices settled lower for another session on Tuesday. For the day, BSE Sensex dropped about 338 points to settle at 57,900 mark, whereas NSE's Nifty declined 111 points to…

Shares of Bajaj Finance Ltd fell for the fifth consecutive session today, leaving investors jittery in a volatile market. The Bajaj Finance stock, which closed at Rs 6,136.20 on March 6 fell to an intraday low of Rs 5,720 in the current…

The combined market capitalisation of midcap and smallcap stocks listed on the NSE plunged by Rs 5 lakh crore amid the ongoing selloff in the domestic equity market in 2023. Data available with Ace Equity showed that the total market…

The collapse of Silicon Valley Bank (SVB) has shaken-up the financial and tech circles across the globe. Other lenders including Signature Bank, First Republic Bank, etc also have felt the severe jolts. Aftershocks were felt even in Asia as…

US stock index futures rose on Tuesday after a volatile session amid fears of fallout from the collapse of Silicon Valley Bank, while investors awaited an inflation report that could determine whether the central bank will pause its rate…

Shares of Cipla Ltd fell to their fresh 52-week low today amid a media report that stated the Income Tax Department was investigating drugmaker Cipla on charges of tax violations and tax avoidance. The I-T department was investigating…

Shares of Voltamp Transformers Limited have zoomed over 600 per cent in the last 10 years. The multibagger stock is up over 130 per cent in the last two years. However, it is currently down over 27 per cent from its 52-week high of Rs…

Divgi TortTransfer Systems had a decent debut at Dalal Street on Tuesday as the counter listed at a mild premium. However, the stock saw some strong profit booking after initial gains, before turning flat in the afternoon session during its…

At least 14 popular stocks from the large cap and midcap segments have scaled their fresh 52-week low levels amid the ongoing volatility in the domestic equity market in March. Data showed that players including Reliance Industries, Page…

Shares of Tata Motors Ltd have been trading in a range during the last six months. The auto stock, which closed at Rs 450.20 on September 14 last year, stood at Rs 418.75 in the current session. During the last six months, the stock has…

Shares of Tech Mahindra are in focus after the firm announced the appointment of Mohit Joshi as its new managing director and chief executive officer. The large-cap IT firm stock hit a 52-week high of Rs 1,574.80 on March 25, 2022, and is…

Adani Group stocks were back under the spotlight during the early trade on Tuesday amid the ruckus over the Adani-Hindenburg saga in Parliament as the second leg of the budget session kicked-off on Monday.Congress MP Manickam Tagore has…

Adani Group stocks were back under the spotlight during the early trade on Tuesday amid the ruckus over the Adani-Hindenburg saga in Parliament as the second leg of the budget session kicked-off on Monday.Congress MP Manickam Tagore has…

Indian benchmark indices ended in the red in the previous session amid weak global cues. While Sensex ended the volatile session falling 897 pts to 58,237, Nifty closed 258 pts lower at 17,154. The Indian market declined for a third day to…

Shares of Adani Group such as Adani Enterprises Ltd, Adani Ports and Special Economic Zone, Adani Power Ltd, Adani Green Energy, Adani Wilmar Ltd and others will be in focus in trade today after the Finance Ministry, on Monday, told Lok…

A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023.Aristide Economopoulos | Bloomberg | Getty ImagesUnited…

People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021.Source: NasdaqGitLab shares plunged as much as 38% in extended trading after the provider of source code management software gave full-year revenue guidance that fell short of…

Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress, in Hart Building on Tuesday, March 7, 2023.Tom Williams |…

Divgi TorqTransfer Systems (Divgi Torq) is headed for a muted debut at Dalal Street on Tuesday, if one goes by the signals from the grey market. The listing prospects of the company have taken a serious hit lately. Last heard, Divgi Torq…

Kylie cosmetics display at an ULTA store in New York.Scott Mlyn | CNBCUlta Beauty topped Wall Street's expectations for its holiday-quarter earnings and revenue, as shoppers continued to save room in their tighter budgets for beauty…

Shares of Mukesh Ambani-led conglomerate Reliance Industries Ltd (RIL) hit a fresh 52-week low today amid market crash. RIL stock hit a new low of Rs 2275, down 2.06% against the previous close of Rs 2323.15 on BSE today. RIL stock has lost…

The all-electric Porsche Taycan Turbo.Source: Porsche AGLuxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings on Monday on the back of higher deliveries.The…

Shares of IT major Tech Mahindra Ltd zoomed nearly 10% today after the firm announced the appointment of Mohit Joshi as its new managing director and chief executive officer. Joshi has worked with Infosys for 22 years and was the President…

Indian equity markets took a sharp 'U-turn' on Monday as benchmark indices sank into deep red on Monday, despite a positive opening.. Bears were back as jittered global sentiments weighed on the feeble investor sentiments, pushing the…

Are you worried about the ongoing volatility in the domestic equity market? ICICI Securities shared a few tips on equity, debt and gold to help investors tide over 2023. The brokerage in its latest report said that any correction in Nifty…

Nirman Agri Genetics' initial public offering (IPO) will hit Dalal street on Wednesday, March 15. The agri-input company is eyeing to raise Rs 20.30 crore from its initial stake sale, which can be subscribed till Monday, March…

Domestic brokerage firms Axis Securities and SMC Global are positive on select stocks such as Petronet LNG, Sterling & Wilson Renewable, Hindustan Aeronautics, Balrampur Chini Mills and Steel Authority of India. They believe that these…

Shares of metal manufacturers Tata Steel Ltd and Vedanta Ltd among others are in focus as economic data in China is showing signs of recovery. Manufacturing PMI in the neighbouring country has risen to a 11-year-high and property prices…

NOCIL stock has delivered multibagger return to its long-term shareholders as it has zoomed over 1280 per cent in the last 10 years. If you look at the current share price, the stock is down over 24 per cent from its 52-week high of Rs…