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Browsing Category
Business
Tata Motors shares to end range-bound trend? Here are key triggers for the breakout
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…
Tech Mahindra stock: Down 28 % from 52-week high! Is it time to buy the dip in this large-cap IT…
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 tank up to again amid ruckus in Parliament
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 tank up to 7% again amid ruckus in Parliament
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…
Stocks in news: Tata Chemicals, Sona BLW Precision, Lupin, GAIL, Apollo Pipes and more
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…
Adani Enterprises, Adani Ports, Adani Power, Adani Green in focus as govt issues statement on…
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…
United Airlines forecasts first-quarter loss
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…
GitLab (GTLB) earnings Q4 2023
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…
Something broke, but the Fed is still expected to go through with rate hikes
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 listing on Tuesday: Here’s what you should expect
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…
Ulta Beauty (ULTA) earnings Q4 2022
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…
Reliance Industries shares hit 52-week low; here’s the new price target
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…
Luxury automaker Porsche issues growth outlook after record 2022 earnings
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…
Tech Mahindra shares zoom 10% as Infosys veteran Mohit Joshi appointed next CEO
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…
Sensex drops 1,200 pts from day’s high, Nifty goes below 17,200: Why are markets spooked
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…
As Nifty stares at 17K, here’s what can make investors money
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 IPO to open on Mar 15; Price band, lot size, issue size and more
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…
Petronet LNG, SW Solar, HAL, Balrampur Chini, SAIL: Brokerages see up to 18% rise in these stocks
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…
Tata Steel vs Vedanta: Which stock can deliver better returns in the long term?
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…
Multibagger stock: 1200% return in 10 years! Brokerages see 25% upside in this smallcap stock
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…
Global Surfaces IPO opens today: Here’s what experts suggest
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…
Two more Adani Group stocks put under long term ASM framework
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…
Silicon Valley Bank impact: Nazara Technologies shares plunge 7% after SVB update
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 shares see bulk deals; Sona BLW, Mahindra CIE stocks plunge after block trades
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.…
YES Bank shares plunge 13%, hit sub-Rs 15 level, as lock-in period ends. Full details
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…
GAIL, Sun TV, NALCO shares in focus as company boards consider dividend today
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…
Stocks to buy: Zomato, LIC, Nykaa among largecap shares with biggest upside potential; 30-40% upside…
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…
Market this week: From inflation to trade balance data, factors that may drive Nifty, Sensex
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…
Market Wrap: SVB crisis, Hawkish Fed and global market fluctuations dragged Dalal Street into red
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…
Market pricing swings back to quarter-point Fed rate hike
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…