Business

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…

The Rs 155-crore initial public offering (IPO) of Global Surfaces Ltd opened for subscription on Monday, March 13 and would close on Wednesday, March 15. The company is selling its shares in the price band of Rs 133-140 apiece with a lot…

Adani Group's two more stocks- Adani Transmission and Adani Total Gas have been put under the long-term additional surveillance mechanism (ASM) framework. The order will come into effect from Monday, March 13, the circular said.Both BSE and…

Shares of Nazara Technologies fell 7 per cent in Monday's trade after the company informed stock exchanges than two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc held cash balances at Silicon Valley Bank (SVB), which is…

YES Bank, Sona BLW Precision Forgings and Mahindra CIE Automotive were among the most active counters on Monday amid block deals by select shareholders in these companies. All the three stocks dropped sharply amid heavy trading volumes.…

Shares of YES Bank plunged 13 per cent in Monday's trade as the three-year lock-in period for the stock ended today. The scrip fell 12.83 per cent to hit a low of Rs 14.40 on BSE. A total of 89.40 lakh shares changed hands on the exchange…

Shares of GAIL, Sun TV and National Aluminium (NALCO) will be in focus today as the company boards consider interim dividends for FY23. The board of Shraddha Prime Projects will meet today to consider a proposal of rights issue. Kama…

UPL, Zomato SBI Life Insurance, Life Insurance Corporation of India (LIC) and FSN E-Commerce (Nykaa) are among stocks with highest upside potential in the largecap space. These stocks can deliver up to 42 per cent upside from hereon, A…

This week, investors will be looking for the major macroeconomic data starting with the Consumer Price Index (CPI) for February to be out on March 13. Also, the Wholesale Price Index (WPI) data for February will be released a day later, on…

Indian markets on Friday ended in the red after the stock markets witnessed a heavy sell-off partially due to Silicon Valley Bank (SVB) crisis in the US. The banking stocks on Dalal Street plunged as the Nifty Bank index crashed 771 points…

A trader works on the floor during morning trading at the New York Stock Exchange (NYSE) on March 10, 2023 in New York City. Spencer Platt | Getty ImagesIt seemed like only yesterday that markets were sure that a tougher Federal Reserve was…

Women walk past by a "Now Hiring" sign outside a store on August 16, 2021 in Arlington, Virginia.Olivier Douliery | AFP | Getty ImagesThe unemployment rate for Black and Hispanic women rose in February, but so did the number of people…

The U.S. labor market surprised to the upside yet again in February, powered by continued strength in the service sectors of the economy.The leisure and hospitality sector added 105,000 jobs last month, according to the Labor Department,…

Job creation decelerated in February but was still stronger than expected despite Federal Reserve efforts to slow the economy and bring down inflation.Nonfarm payrolls rose by 311,000 for the month, the Labor Department reported Friday.…

Domestic equity markets settled sharply lower on Friday, tracking the negative global cues. However, headline peers tried a small recovery during the fag end of the session, but was insufficient to erase the big losses. A steep fall in SVB…

Shares of Adani Wilmar Ltd closed lower today after seven straight consecutive sessions of gains. Preceding the current session, the Adani Wilmar stock had gained 41% returns in the last seven sessions. In the current trading session, the…

Foreign brokerage Jefferies has upgraded telecom operator Bharti Airtel Ltd to 'Buy', with a revised target of Rs 900 from Rs 850 earlier. Bharti’s market share gains among 4G subscribers, hikes in voice tariffs and improving tariff outlook…

Equity mutual funds attracted Rs 15,685 crore in February, making it the highest net infusion in nine months despite significant volatility in the stock markets. This is higher than Rs 12,546 crore inflow seen in January and Rs 7,303 crore…

Shares of Vedanta Ltd slipped over 4% today after Moody's Investors Service downgraded tits holding company Vedanta Resources Limited's (VRL) corporate family rating (CFR) to Caa1 from B3. Vedanta stock fell 4.54% to Rs 272.55 against the…

Shares of Adani Ports and Special Economic Zone are on a bull run as group stocks recover from the carnage caused by the Hindenburg report. Adani Ports shares, which crashed 48.11% from Rs 761.20 level on January 24 to the 52-week low of Rs…

There has been a rise in queries for unlisted shares of Tata Technologies, the engineering and design arm of Tata Group, ahead of its public issue, dealers said.  Tata Technologies, the engineering and design arm of Tata Group, has filed…

Bandhan Bank, IndusInd Bank, Kotak Mahindra Bank, Axis Bank Ltd and ICICI Bank Ltd are among the top picks of the global brokerage Jefferies in the Indian financial sector. Bandhan Bank Shares of Kolkata-based Bandhan Bank are likely to…

City workers in Paternoster Square, where the headquarters of the London Stock Exchange is based, in the City of London, UK, on Thursday, March 2, 2023.Bloomberg | Bloomberg | Getty ImagesLONDON — The U.K. economy grew by 0.3% in January,…

Leading private sector lender ICICI Bank Ltd, the country’s largest carmaker Maruti Suzuki, two-wheeler major Bajaj Auto and other banking majors including Axis Bank and IndusInd Bank are the most widely covered stocks on Dalal Street. As…

ITC Ltd recent stock's outperformance over FMCG peers might continue going ahead, thanks better earnings visibility in the next few quarters, inexpensive valuations and attractive dividend yield, said Motilal Oswal Securities. The…

Shares of IRB Infrastructure Developers Ltd (IRB Infra) were trading higher amid a weak market on Friday as the company announced a strong increase in the cumulative toll collection on a year-on-year (YoY) basis for the month of February…

Shares of Bharti Airtel Ltd were in focus today after global brokerage Jefferies upgraded the telco to a ‘buy’ with a target price of Rs 900. The Airtel stock was trading flat at Rs 773.20 in early trade even as the Sensex crashed 683…

Domestic stock indices opened sharply lower in Friday’s trade, tracking an overnight fall in US stocks. A 60 per cent crash in shares of Silicon Valley Bank spooked US investors, weighing in on sentiment in Asia today.   At 9.35 am, the…

Indian equity benchmarks ended lower on Thursday, halting a three-session winning streak. The domestic indices were dragged by automobile, consumer, technology, banks, financials and energy stocks. Sensex dived 542 points or 0.90 per cent…

Domestic equity market snapped a three-day winning streak to settle sharply lower on Thursday amid unfavourable global cues. The 30-share pack BSE Sensex tanked 541.81 points, or 0.90 per cent, to 59,806.28. NSE's Nifty50 fell 164.80…