Business

Domestic benchmark indices bucked India's inflation numbers and opened with strong gains on Tuesday, tracking the global cues. US stocks settled higher on Monday, whereas Asian stocks were also up. Traders await the US inflation data later…

Shares of FSN E-Commerce Ventures (Nykaa) plunged 5 per cent in Tuesday's trade after the Falguni Nayar-led company reported a mixed set of quarterly results. Analysts said Nykaa met growth expectations, but margins undershot as gross…

Domestic stock indices on Monday extended losing streak to the second straight session, tracking weak global cues. Sensex declined 250.86 points, or 0.41 per cent, to 60,431.84. Nifty fell 85.60 points, or 0.20 per cent, to 17,770.90.…

A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020.Andrew Kelly | ReutersShares…

Prices are displayed in a grocery store on February 01, 2023 in New York City.Leonardo Munoz | Corbis News | Getty ImagesJust as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that…

Ever since Adani Group companies' stocks started gyrating due to a short seller's scathing report on the conglomerate, Twitter users have started wondering if Adani Ports and Adani Enterprises should even be part of the coveted Nifty 50…

Adani Ports and Special Economic Zone (APSEZ) on Monday fell sharply as a rout in its shares continued. The stock slipped 5.25 per cent to settle at Rs 553.20 over its previous close of Rs 583.85. The company reported a 16 per cent decline…

Domestic equity markets kicked off the week on a negative note and extended their weakness for the second straight session on Monday. Feeble Asian markets added to the weakness of Indian equities ahead of US Inflation data, which is due on…

FSN E-Commerce Ventures (Nykaa) on Monday reported a 70.67 per cent year-on-year (YoY) drop in net profit at Rs 8.19 crore for the December quarter compared with Rs 27.93 crore in the corresponding quarter last year. Revenue from operations…

Shares of Voltas Ltd were in focus today after the Japanese research and broking firm Nomura maintained its 'buy' rating on the stock with a target of Rs 1,083 per share. The bullish stance of Nomura on the Voltas stock comes days after the…

Priti International's shares hit an upper circuit on Monday after the company reported a strong performance in the period that ended on December 31, 2022. The counter remained locked in the buyer's circuit for the entire trading session.…

Stock of KPIT Technologies has turned into a multibagger in the last three years, rising from Rs 91.2 on February 12, 2020 to Rs 873 today, delivering 857% returns during the period. An amount of Rs 1 lakh invested in KPIT Technologies…

Shares of City Union Bank tanked in Monday's trade after announcing the December quarter (Q3 FY23) results. The stock slumped 16.75 per cent to hit a day low of Rs 133.20 over its previous close of Rs 160. The private sector lender reported…

Suzlon Energy, Adani Ports and Bharti Airtel were among top stocks where high net-worth individuals (HNIs) raised stakes in the December quarter, as per PRIME Database. Net-net, HNIs were seen increasing stakes in a total of 808 stocks…

Shares of speciality chemicals manufacturer Galaxy Surfactants rose over 12% today after the firm reported a 132% rise in profit for the quarter ended December 2022. Galaxy Surfactants stock climbed 12.22% to Rs 2606 against the previous…

Apollo Micro Systems' shares hit their upper circuit on Monday after the company announced its results for the period ended on December 31, 2022. The counter jumped 5 per cent, its circuit limit, on the back of strong quarterly performance…

Shares of Info Edge (India) Ltd slipped nearly 10% today after the firm reported a loss Rs 116.5 crore for the third quarter ended December 2022 against a net profit of Rs 4,601.8 crore in the corresponding quarter of the previous fiscal.…

A host of companies including FSN E-Commerce Ventures (Nykaa), SAIL, Gujarat Gas and ZEE Entertainment will announce their quarterly results today. SAIL and ZEE Entertainment are expected to report sharp falls in December quarter profit.…

Domestic equity markets kicked of the week on a muted note amid the mixed global cues on Monday. However, traders awaited clear directions for the markets.  Adani Group and Hindenburg saga will be heard in Supreme Court today. At 9.20 am,…

Two Adani group stocks Adani Ports and Special Economic Zone and Ambuja Cements have been removed from the additional surveillance measures (ASM) framework with effect from Monday. These were among the three group stocks, including Adani…

Domestic benchmark indices snapped the two-day winning streak on Friday amid fears of recession in developed economies. The BSE Sensex slipped 123.52 points, or 0.20 per cent, to 60,682.70. NSE's Nifty50 index shed 36.95 points, or 0.21 per…

A Now Hiring sign is seen inside a WholeFoods store in New York City.Adam Jeffery | CNBCRecession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market."Rolling recessions"…

In the coming week, market participants will be looking for the major macroeconomic data starting with Consumer Price Index (CPI) for January to be out on Monday, February 13. Also, the Wholesale Price Index (WPI) data for January will be…

It turned out to be a quiet week of trade for Indian equity benchmarks ase markets ended almost flat with a negative bias. While BSE Sensex slipped 159 points, or 0.3 per cent, at 60682.7, the Nifty moved 2.5 points up, closing almost flat,…

Three Adani Group companies, Adani Ports and Special Economic Zone, Adani Transmission and Adani Green Energy, have pledged shares for lenders of Adani Enterprises, SBICAP Trustee Co said in an exchange filing on Friday. SBICAP Trustee Co…

The National Stock Exchange has on Friday removed Adani Ports and Special Economic Zone and Ambuja Cements from the additional surveillance framework with effect from February 13. NSE's move comes days after the exchange had placed three…

Shares of online food aggregator Zomato slipped more than 2 per cent on Friday, snapping their winning run of three straight sessions. The stock fell 7.45 per cent to hit an intraday low of Rs 50.35. It eventually settled 2.02 per cent…

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California.Mario Tama | Getty ImagesLyft shares fell more than 30% during after-hours trading after issuing weak…

Asia Index Pvt Ltd on Friday said Adani Wilmar, AGS Transact Technologies and Vedant Fashions would be dropped from the S&P BSE IPO (initial public offering) index. The reconstitution would be effective February 20, 2023, S&P Dow…

Domestic equity markets snapped the two-day winning streak and settled lower on Friday amid the weak global cues over recession fears. However, traders across the globe will be eyeing US inflation data, scheduled next week. Back home,…