Business

Shares of Larsen & Toubro gained over 2% in an otherwise weak market today after Morgan Stanley assigned overweight stance to the stock. It also raised target price to Rs 2827 from Rs 2401, an increase of 18%. The US financial MNC said…

Billionaire Gautam Adani's fortunes topped $50 billion mark as last count after testing sub-$40 billion levels in the aftermath of Hindenburg Research allegations. His group, which includes 10 listed companies saw its market capitalisation…

YES Bank Ltd, Tata Motors Ltd, Tata Power, Reliance Power Ltd and Life Insurance Corporation of India Ltd (LIC) were five companies with the highest number of retail investors, as of December 31. Among these companies, shares of Reliance…

Indian markets have outperformed their global peers and have delivered a good number of multibaggers since last Holi. Shares of Apar Industries Limited have also zoomed over 285 per cent in the last one year. An investment of Rs 10 lakh in…

Dalal Street stocks on Wednesday mirrored Wall Street losses, as Fed Chair Jerome Powell told the US Congress a faster money tightening is warranted and that inflation in US may peak higher than what was earlier anticipated earlier. The…

The Indian stock markets may well be quite volatile with a downward bias currently, but there are enough green shoots that could see the benchmark Sensex touch 70,000 by the end of 2023. According to Mark Matthews, Head Research Asia at…

Adani Enterprises Ltd, Adani Green Energy Ltd, Adani Power Ltd, Adani Transmission and other Adani group shares will be in focus in Wednesday's trade after the Adani group said it has repaid share-based financing of Rs 7,374 crore and would…

A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City.Spencer Platt | Getty ImagesDick's Sporting Goods on Tuesday reported holiday quarter results that beat Wall Street's expectations, citing a sales…

Shares of online food aggregator Zomato settled 0.47 per cent higher at Rs 53.96 on Monday. The stock has, however, declined 10.44 per cent on a year-to-date (YTD) basis. At Monday's closing level, the scrip traded 33.07 per cent higher…

A shopping mall in Qingzhou, Shandong province, broadcasts the opening ceremony of China's National People's Congress on Sunday, March 5, 2023.Future Publishing | Future Publishing | Getty ImagesChina's economy will be forced to recalibrate…

A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022.Bloomberg | Getty ImagesLego sales are building on pandemic-era growth, boosted by a diverse slate of products that cater…

Shares of Tata Chemicals Ltd slipped 0.56 per cent to close at Rs 1,001.85 on Monday. At Monday's closing level, the stock traded 17.52 per cent lower than its 52-week high of Rs 1,214.65, touched on 11 October last year. On a year-to-date…

Shares of Mahanagar Gas Ltd (MGL) have surged 16.72 per cent so far this year. The stock settled 8.80 per cent higher at Rs 986.35 on Monday after touching an intraday high -- also its 52-week high -- of Rs 990. The sharp movement in the…

Nova Agritech Limited (NAL) has filed its draft red herring prospectus (DRHP) with the capital markets regulator Sebi to raise funds via an initial public offering (IPO). Telangana-based agri-input player Nova Agritech manufactures,…

Shares of Bajaj Auto have gained 4.33 per cent on a year-to-date (YTD) despite a 1.54 per cent decline in the 30-share BSE Sensex pack. The stock settled 0.27 per cent lower at Rs 3,723.85 on Monday. The domestic benchmarks are closed today…

Shares of two index heavyweight stocks have slipped up to 7 per cent so far this year, in sync with overall weakness in Indian equity benchmarks. Shares of Reliance Industries Ltd (RIL) have lost 6.50 per cent on a year-to-date (YTD) basis,…

Carysil, Raymond, Coal India, Siemens, Praj Industries, NMDC and Aditya Birla Capital have found a 'buy' rating from a host of brokerage firms, who have initiated coverage on that particular company. Brokerages including Systematic…

Indraprastha Gas Limited (IGL) and Vikas Lifecare Limited have signed a joint venture agreement (JVA) for setting up a smart meter manufacturing plant. On behalf of Vikas Lifecare, its subsidiary Genesis Gas Solution has entered into the…

Shares of the Adani group of companies have recovered up to 95 per cent from their respective 52-week low levels amid the ongoing recovery in the domestic equity market. According to market watchers, an investment of Rs 15,446 crore by US…

Asian financial markets were little changed on Tuesday as investors awaited congressional testimony from Federal Reserve Chair Jerome Powell due to start later in the day for clues on the central bank's next move on interest rates. MSCI's…

The S&P 500 made little progress on Monday, closing slightly higher than its session low as US Treasury yields pulled higher with investors braced for this week's testimony from Federal Reserve Chair Jerome Powell and the February jobs…

U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress", in Washington, U.S., March 3, 2022.Tom Williams | ReutersFederal Reserve…

National Stock Exchange on Monday removed four Adani Group firms, 10 other firms from its Nifty Alpha 50 index. The excluded Adani stocks are Adani Enterprises Ltd, Adani Green Energy, Adani Total Gas and Adani Transmission. These changes…

National Stock Exchange on Monday removed Adani Enterprises Ltd, the flagship arm of the embattled Adani Group, from additional surveillance framework a month after imposing it.  Last month, NSE had imposed ASM on three Adani Group firms…

Shares of two listed Adani Group stocks slipped on Monday, halting a much-needed relief rally of four consecutive sessions. ACC Ltd and Ambuja Cements Ltd fell today even as most of Adani stocks extended their gains. ACC fell 1.50 per cent…

Domestic equity markets extended their gains for the second straight session and settled higher on Monday. Benchmark indices cheered the positive cues from domestic and global markets. However, headline peers saw some profit bookings in the…

Shares of Adani Enterprises Ltd extended their gains for the fifth straight session on Monday. The stock jumped 5.51 per cent to settle at Rs 1,982.85 over its previous close of Rs 1,879.35. The stock has recovered 78.16 per cent in the…

YES Bank Ltd, a retail investor-heavy stock, is in news these days amid reports its largest shareholder State Bank of India (SBI) was looking to sell stake in the private lender as soon as its 3-year lock-in period expires next week. Where…

Tesla, Amazon, Apple, Google, Meta (previously known as Facebook), NVIDIA, and Spotify are the top tech stocks Indian women are investing in, according to a report by wealth management and investment platform, Vested Finance.  Investment…

HDFC Securities is positive on Sirca Paints India and sees up to 20 per cent rally in the SME player in the next six to nine months. The domestic brokerage firm is bullish on the company's fundamentals, new product launches, growth…