Business

National Stock Exchange on Tuesday announced extension of trading hours for interest rate derivatives to 5 pm effective February 23.  "To converge with underlying market timings, members are requested changes in trading timings of Interest…

Shares of state-owned lender Bank of India (BoI) fell sharply on Tuesday amid heavy volumes. The stock dived 6.28 per cent to settle at Rs 70.85 over its previous close of Rs 75.60. Around 43.95 lakh shares changed hands today on BSE, which…

Hasbro's 2023 outlook might feel like déjà vu. At first, anyway.The toymaker on Thursday announced its fourth-quarter results while issuing conservative guidance for the year, mimicking the modest expectations it had when it entered…

Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour. Joe Raedle | Getty Images…

Adani Group's market capitalisation (m-cap) has slipped below the $100 billion mark as a selloff intensified on Tuesday in a majority of the conglomerate's listed counters. Since January 24 this year, Adani stocks took a major hit after…

A customer loads plywood to a truck outside a Home Depot store in Galveston, Texas, on Tuesday, Aug. 25, 2020.Scott Dalton | Bloomberg | Getty ImagesHome Depot reported fourth-quarter earnings before the bell Tuesday.Here's what the company…

Shares of diversified conglomerate ITC have managed to outperform its peers in the last one year as the stock has managed to deliver over 75 per cent return to its shareholders. Hindustan Unilever (HUL) stock is up over 9 per cent in the…

Indian equity benchmarks on Tuesday extended their fall for the third straight session, dragged by technology and state-owned lenders. The momentum in the market was muted amid a volatile trading session today. Asian shares traded mixed…

Shares of Tata Steel and Jindal Stainless are among the key picks in the metal sector, with the former attracting investor attention due to Tata Group and the latter delivering multibagger returns during the last six months. While shares of…

HSBC on Tuesday reported fourth-quarter earnings for 2022 that beat analyst expectations.The bank's reported profit before tax for the three months ended in December was $5.2 billion, 108% higher than $2.5 billion a year ago and better than…

JM Financial has initiated coverage on Uniparts India, with a 'Buy' rating and a price target of Rs 780 that suggests a potential 37 per cent upside. The brokerage cited 'margin on safety' on the counter and felt the supplier of systems and…

Shares of NTPC were the top gainers on Sensex and Nifty today amid a report that the state-owned power generator is in race to buy debt-laden SKS Power Generation. Other bidders eyeing the company are Reliance Industries, Gujarat-based…

Jewellery maker and retailer Joyalukkas has withdrawn its Rs 2,300 crore ($277.95 million) initial public offering (IPO), a document on the market regulator's website showed on Tuesday. The reason for the withdrawal of the share sale was…

Indian equity benchmarks' trade timing is likely to be extended up to 5 pm, news agency Reuters reported on Tuesday citing a business channel. Market regulator SEBI (Securities and Exchange Board of India) issued a framework for timing…

Shares of IRB Infrastructure Developers Limited have delivered over 167 per cent in the last two years. The stock rose per cent to hit a day's high of Rs 286.90 on BSE on Tuesday. IRB Infra stock will trade ex-split from February 22, 2023,…

Gold prices have surged more than 17 per cent since January 2022, while the domestic equity market stood almost flat during the same period. A couple of factors including the Russia-Ukraine war, sustained outflows by foreign institutional…

Shares of three Adani Group companies continued to hit their respective 52-week lows in Tuesday's session. Adani Total Gas, Adani Transmission and Adani Green Energy were locked in the lower price band levels in early trade. Since January…

Shares of logistics services firm Delhivery gained for the fifth straight session today on the back of reports that MSCI has added 24 companies including Delhivery and deleted 5 securities from MSCI India Domestic Small Cap Index. All…

Shares of Adani Ports & Special Economic Zone (Adani Ports & SEZ) gained in Tuesday's trade amid reports the Adani group firm was looking to prepay a short-term debt due next month amounting to Rs 1,000 crore to win back investor…

Domestic indices on Monday extended their fall to the second straight session, dragged by banking and financials and energy stocks. The momentum in the market was muted, with a negative bias, amid lacklustre cues from global markets. Sensex…

Amid much social media chatter about an impending decision from NSE on extending trading hours for F&O segment, a very important market voice weighed on this subject -- Zerodha CEO Nithin Kamath.  "Extended trading hours for F&O…

Crayons Advertising on Monday filed the Draft Red Herring Prospectus (DRHP) with NSE Emerge for its initial public offering (IPO). The company said it plans to offer 64.30 lakh equity shares with face value of Rs 10 apiece through the…

Shares of Adani Total Gas have corrected over 77 per cent from its 52-week high of Rs 3,998.35. The stock has been in a downward trend since the Hindenburg report. It ended 5 per cent lower at Rs 925.10 on BSE on Monday. Market cap of the…

Shares of Adani Group’s flagship firm Adani Enterprises were the top losers intraday today after the chairman Gautam Adani’s net worth slipped to less than $50 billion as of February 20. Adani Enterprises shares slipped up to 9.33% to Rs…

Domestic stock indices on Monday extended their recent fall to the second straight session, dragged by banking and financials and energy stocks. The momentum in the market was muted, with a negative bias, amid lacklustre cues from global…

Broking firms including Zerodha, Groww and Angel One continued to gain market share in January amid record futures & options (F&O) volumes. ICICI Securities and Upstox, on the other hand, saw marginal declines in market share in the…

Shares of Prince Pipes & Fittings were trading on a flat note in the afternoon session today after promoter of the pipe manufacturer sold 13,27,500 shares in a bulk deal on February 17. Prince Pipes & Fittings stock stood at Rs…

Shares of Tata Investment Corporation fell sharply in Monday's trade, extending their losing run for the third straight session. The stock tanked 5.06 per cent to hit a day low of Rs 2,099 over its previous close of Rs 2,210.75. The scrip…

KEC International share price gained nearly 6% today after the engineering and construction company won new orders of Rs 3,023 crore across its various businesses. The share opened with a gain of 5.85% at Rs 503 against the previous close…

The country’s biggest institutional investor Life Insurance Corporation of India (LIC) was on a shopping spree in the third quarter of FY23 when the benchmark equity index BSE Sensex witnessed a rise of 5.9 per cent. Data available with Ace…