Business

  Domestic equity indices are set to open with mild gains on Friday amid mixed cues from global markets.  US stocks settled lower overnight. Asian peers were mostly up in early trade. Oil prices rose on hopes the US Fed will soon end rate…

World stocks fell on Thursday and US benchmark 10-year Treasury yields bounced up off of four-month lows, as worries mounted that an aggressive stance by central banks could push the global economy into a slowdown. Wall Street stocks ended…

Sopa Images | Lightrocket | Getty ImagesNetflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earnings miss.The company also disclosed…

Market regulator Sebi is investigating investments between Nippon India Mutual Fund and YES Bank between 2016 and 2019 for suspected misuse of investors' money, Reuters reported quoting sources. As per the Reuters report, the market…

In this photo illustration a Procter and Gamble logo seen displayed on a smartphone with stock market percentages in the background.Omar Marques | Lightrocket | Getty ImagesProcter & Gamble reported mixed quarterly results Thursday,…

Rashi Peripherals Limited has filed its Draft Red Herring Prospectus (DRHP) with the markets regulator Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). Mumbai-based Rashi Peripherals is…

Domestic equity indices snapped the two-day winning run and settled lower on Monday amid the weaker global cues and select bluechip counters including IndusInd Bank, Asian Paints, Kotak Mahindra Bank and HUL. European stocks opened on a…

Hindustan Unilever (HUL) on Thursday reported a double digit rise in year-on-year (YoY) top and bottom-line growths for the December quarter and announced an increase in royalty payments to parent firm Unilever. HUL logged a 12 per cent…

Asian Paints Q3 results came in less-than-market expectations, leading to a 3 per cent correction on the counter on Thursday. Analysts said a re-rating on the counter looks unlikely but one can accumulate stock on dips for long-term gains.…

The best is yet to come for India and Adani Enterprises, said Jugeshinder Singh, CFO, Adani Group said on Thursday while announcing the Adani flagship’s mega follow-on-public offer (FPO). What you have seen so far is very meagre, Singh…

Asian Paints' shares erased the early gains and dropped more than 2 per cent from day's high at Rs 2957 to Rs 2891.85 on Thursday after the announcement of results for the period ended on December 31, 2022. Asian Paints reported a 5.6 per…

Shares of logistics services firm Delhivery hit a fresh record low in a weak market today. The stock of Delhivery fell 2.74 per cent intraday to Rs 299.55 against the previous close of Rs 308 on BSE. Market cap of Delhivery fell to Rs…

Persistent Systems' shares rallied about 8 per cent during the trading session on Thursday after the company reported a strong performance in the December 2022 quarter. The company's earnings were majorly in line to the analysts' estimates,…

Asian Paints on Thursday reported a 5.6  per cent year-on-year (YoY) consolidated net profit after minority at Rs 1,072.67 crore compared with Rs 1,015.69 crore in the corresponding quarter last year. The paints maker said its consolidated…

Shares of HDFC Bank have once again managed to hog the limelight after the bank's December quarter results were a beat on expectations. The private sector lender reported an 18.5 per cent increase in its standalone net profit at Rs 12,259.5…

Shares of Radhakishan Damani led-DMart (listed as Avenue Supermarts) are in a downtrend for the last 16 months. DMart stock, which hit at an all-time high of Rs 5,899 on October 18, 2021 was trading at Rs 3,606 today, translating into a…

Market veteran Basant Maheshwari says the Rs 20,000 crore mega follow-on public offer (FPO) by Adani Enterprises is not a sign of the stock market making a top, but reflects the strong undertone in the market. In a video uploaded on his…

A host of stocks were in action ahead of December quarter results. Shares of Hindustan Unilever (HUL) , Asian Paints and PVR were among stocks that declined ahead of quarterly earnings. At 10 am, shares of Hindustan Zinc were trading 2 per…

Asian Paints, whose shares have fallen 10 per cent in the last one year, will be reporting its quarterly results today. Analyst views vary largely on top and bottom line growths; estimates for volumes growth too are mixed. Analysts said…

Benchmark indices settled higher for the second straight session on Wednesday, thanks to buying in the HDFC twins, Larsen & Toubro, ICICI Bank and Bharti Airtel.  Sensex gained 390.02 points, or 0.64 per cent, to close at 61,045.74.…

  Domestic stock indices are likely to open on a muted note on Thursday, tracking weak global cues. Asian peers were trading mostly lower after an overnight fall in US stocks. Concerns over global slowdown , meanwhile, hit crude oil…

Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14,…

Prices for wholesale goods and services fell sharply in December, providing another sign that inflation, while still high, is beginning to ease.The producer price index, which measures final demand prices across hundreds of categories,…

Shares of Rail Vikas Nigam (RVNL), the infrastructure arm of Indian Railways, have jumped 14 per cent so far in January this year. The stock on Wednesday surged 4.97 per cent to settle at Rs 78.15 on BSE. The stock gained after RVNL emerged…

Shares of Tata Investment Corporation fell nearly 4 per cent on Wednesday after announcing quarterly results for the third quarter of current financial year (Q3 FY23). The stock slipped 3.74 per cent to close at Rs 2,227. Immediate support…

Shares of search engine provider Just Dial ended 6% higher amid a market rally today. With today’s rally, Just Dial stock has gained 15.26% since Q3 earnings were announced last Friday. Just Dial shares rose 6.83% intraday to Rs 680 today…

IndusInd Bank on Wednesday reported a 58 per cent year-on-year (YoY) rise in consolidated net profit at Rs 1,964 for the December quarter crore compared with Rs 1,242 crore in the same quarter last year. Net interest income (NII) for the…

Benchmark stock indices on Wednesday settled higher for the second straight session, thanks to buying in the HDFC twins, Larsen & Toubro, ICICI Bank and Bharti Airtel. Most Asian markets settled higher; European stocks and US S&P500…

Shares of FMCG major Hindustan Unilever Limited were trading higher ahead of its numbers for the quarter ended December 2023. The stock rose 1 per cent to hit a day's high of Rs 2691.25 on BSE on January 18, 2023. The company will report…

Shares of BLS International Services rose sharply on Wednesday amid heavy volumes, halting their losing run of six straight sessions. The stock jumped 17.03 per cent to hit an intraday high of Rs 193.75 over its previous close of Rs 165.55.…