Business

Shares of Salasar Techno Engineering gained 5% today after the firm said it won its first-ever EPC order from a foreign country. The steel structure manufacturer has secured an order worth Rs 143 crore from Nepal Electricity Authority…

Anil Kumar Goel has picked up stake in four companies and slashed his holding in three others, the latest shareholding pattern suggests. Along with it, the seasoned investors have stayed put on 15 companies, while rejigging his portfolio in…

Shares of mining major Vedanta are trading 27% lower from their 52-week high. The mining stock has lost Rs 118 or 26.81% from the yearly high of Rs 440.75 hit on April 11, 2022. In the current trading session, Vedanta stock was trading…

Shares of Infosys rose in Wednesday's trade, extending their gains to the sixth straight session. The stock climbed 0.71 per cent to hit a day high of Rs 1,550.70 over its previous close of Rs 1,539.75. At today's high level of Rs 1,550.70,…

Shares of IT major HCL Technologies will turn ex-dividend on Thursday. The IT major had announced an interim dividend of Rs 10 per share while announcing its quarterly results last week.  The record date for the dividend is Friday, January…

Shares of FSN E-Commerce Ventures (Nykaa) fell 4 per cent in Wednesday's trade, taking their decline to fifth straight session. The scrip has been reeling under pressure, with the month of January seeing only three sessions when the stock…

Shares of National Standard (India) surged in Wednesday's trade to hit their upper price band level, again. The shares have been locked in upper circuit for the past few sessions after announcing their December quarter (Q3 FY23) results.…

Persistent Systems is all set to report its December quarter results today. The company board would also consider paying interim dividend, if any. The IT major is expected to report over 30 per cent rise in year-on-year (YoY) profit on a 45…

Asian shares were mixed on Wednesday while Japanese yields hugged a policy cap, with markets anxiously awaiting a pivotal Bank of Japan (BOJ) meeting that could see the world's third-largest economy shift away from decades of ultra-low…

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…

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022.Brendan McDermid | ReutersMorgan Stanley reported fourth-quarter earnings on Tuesday that exceeded Wall Street…

Shares of Zomato fell sharply on Tuesday, extending their losses for the sixth straight session amid heavy volumes. The stock today slumped 4.93 per cent to close at Rs 50.15 on BSE over its previous close of Rs 52.75. The stock has lost…

Zerodha co-founder Nithin Kamath on Tuesday said Ministry of Finance should boost Indian markets by making opening of demat accounts less 'cumbersom' for non-resident Indians (NRIs). "Allowing NRIs to open demat accounts online is the…

Shares of UCO Bank fell nearly 3 per cent on Tuesday, snapping their two-day winning run amid heavy volumes. The stock slipped 4.46 per cent to hit an intraday low of Rs 31.10 over its previous close of Rs 32.55. The scrip eventually…

Indian benchmark ended nearly 1 per cent higher on Tuesday amid strong buying in index heavyweights Reliance Industries and HDFC twins.  Sensex zoomed 562.75 points to settle at 60,655.72. During the day, it jumped 611.51 points or 1 per…

Shares of Delta Corp fell over 3 per cent ahead of the gaming and casino firm's Q3 earnings set to be announced today. Delta Corp stock hit an intraday low of Rs 207.85, down 3.51% against the previous close of Rs 215.40 on BSE. The midcap…

David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty ImagesGoldman…

Shares of IIFL Finance rose sharply in Tuesday's trade, halting their two-day losing run amid heavy volumes. The stock today jumped 10.28 per cent to hit a day high of Rs 519.70 over its previous close of Rs 471.25. At today's high level of…

Domestic brokerage firm HDFC Securities has released its reports on Ircon International, Rail Vikas Nigam (RVNL), Care Ratings and The Anup Engineering. These stocks have remained in the limelight at the Dalal Street recently and the…

Top mutual fund houses were busy investing in many IPOs, new debutants this past December. The fund houses also entered a few stocks such as GMM Pfaudler, Sagar Cements, BEML, Fortis Healthcare and Greenlam Industries, while they exited a…

Shares of IndusInd Bank have approached their 52-week high of Rs 1,275.25 hit on September 20, 2022.  Currently, the stock is trading 1.95% lower at Rs 1,215 on BSE. In technical terms, the banking stock is looking strong with an ascending…

Shares of Infibeam Avenues on Tuesday slipped 2.79 per cent to hit an intraday low of Rs 17.40 over its previous close of Rs 17.90. The stock eventually settled on a flat note, at Rs 17.90 on BSE. The scrip had jumped 9.48 per cent in the…

Innova Captab has received the nod from the capital markets regulator Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). It had filed preliminary IPO papers (DRHP) with Sebi on July 2022.…

Shares of Spencer's Retail surged in Tuesday's trade after the company stepped into a new format chain, 'Spencer's Value Market', which targets value-conscious consumers. The stock zoomed 13.23 per cent to hit a day high of Rs 72.75 over…

Shares of Siemens rose after two days in the current session after the company bagged an order from the ministry of railways to manufacture electric freight locomotives. Siemens share opened with a gain of 2.94% at Rs 3030 on BSE. Siemens…

Shares of FSN E-Commerce Ventures (Nykaa) fell 5 per cent in Tuesday's trade to hit a fresh record low amid heavy volumes. The scrip hit a low of Rs 133.50 on BSE, down 4.81 per cent. A total of 7.38 Nykaa shares changed hands on BSE so far…

Shares of Adani Enterprises fell nearly 2 per cent in Tuesday's trade amid a media report suggesting the Adani Group flagship company has filed an offer letter with stock exchanges on Monday for a proposed Rs 20,000 crore follow-on public…

Sensex and Nifty trimmed early gains and closed lower on Monday. Sensex fell 168.21 points to end at 60,092.97. Of 30 Sensex stocks, 15 ended in the red. Nifty dipped 61.75 points to close at 17,894.85. Axis Bank, NTPC, HDFC, HDFC Bank,…

The European Central Bank is expected to continue raising rates aggressively in the short-term as the euro zone economy proves more resilient than anticipated.Haussmann Visuals | Moment | Getty ImagesAfter China's reopening and a deluge of…

Shares of Adani Green Energy surged 9 per cent on Monday amid heavy volumes, defying overall weakness in the domestic benchmarks. The stock climbed 11.98 per cent to hit an intraday high of Rs 2,141.35 over its previous close of Rs…