Business

A sign is posted in front of a McDonald's restaurant on April 28, 2022 in San Leandro, California.Justin Sullivan | Getty ImagesMcDonald's is expected to report its fourth-quarter earnings before the bell Tuesday.Here's what analysts…

Shares of Adani Green tanked 9.61 per cent today to hit their 52-week low level of Rs 1,073.60 against a previous close of Rs 1,187.70. The stock stood slightly above its lower circuit (10 per cent) of Rs 1,068.95. At today's low-price…

Adani Group stocks continued their downward trend in Tuesday's trade, in line with overall weakness in the domestic equity benchmarks. The stocks started tumbling after a report by US-based short seller Hindenburg Research alleged that the…

Mary Barra, CEO, GM at the NYSE, November 17, 2022.Source: NYSEDETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here's what Wall Street is expecting, according to Refinitiv consensus…

Shares of Adani Enterprises jumped 5 per cent in Tuesday's trade after International Holding Company (IHC) announced Rs 3,200 crore investment in the Adani group flagship's follow-on public offer (FPO). Adani Ports & SEZ was trading…

A host of companies including Sun Pharmaceutical Industries, Jindal Steel & Power, KPIT Technologies, ACC and Coal India, among others are scheduled to report December quarter results on Tuesday. Among them, Jindal Steel and ACC are…

The IMF has revised its global economic outlook upwards.Norberto Duarte | Afp | Getty ImagesThe International Monetary Fund on Monday revised upward its global growth projections for the year, but warned that higher interest rates and…

Domestic stock indices Monday’s session with modest gains, ahead of the Union Budget and the US Federal Reserve’s policy review. Sensex gained 169.51 points, or 0.29 per cent, to 59,500.41. Nifty settled the day at 17,648.95, up 44.60…

A follow on share sale of Adani Group's flagship company, Adani Enterprises, was on Monday subscribed just 3 per cent on Day 2 amid a scathing report by a US short seller Hindenburg Research. On Monday, the company's scrip on BSE closed 4%…

Punjab National Bank has a total exposure of Rs 7,000 crore to Adani Group, but there is currently no worry pertaining to those accounts, the state-run lender's managing director and chief executive said on Monday. Last week, US…

Country’s biggest institutional investor, Life Insurance Corporation of India (LIC), in a clarification on January 30 said that the market value of its holding in the Adani Group's companies stood at Rs 56,142 crore on January 27, 2023…

Most of Adani Group stocks continued to decline on Monday, wiping out around Rs 5.5 lakh crore from the group's market capitalisation (m-cap) in three consecutive trading sessions. The stocks cracked after a report by US-based short seller…

International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday said it would be investing $400 million (Rs 3,200 crore) into the Adani Enterprises' Rs 20,000-crore follow-on public offer (FPO) through its…

Domestic equity markets ended the volatile trading session with gains on Monday ahead of key economic events. The Union Budget and US Federal Reserve policy meeting, scheduled later this week, will be key event to watch out in the near…

Larsen & Toubro (L&T) on Monday reported a 24.24 per cent year-on-year (YoY) rise in net profit at Rs 2,552.92 crore for the December quarter compared with Rs 2,054.74 crore in the same quarter last year. Revenue for the quarter…

Shares of Bajaj Auto slipped more than 2 per cent on Monday, pausing their upward move of four consecutive sessions. The stock fell 2.45 per cent to settle at Rs 3,841.15 today over its previous close of Rs 3,937.70. Around 16,000 shares…

Shares of GAIL India slipped over 7 per cent today after the state-owned gas utility reported a weak set of earnings for the quarter ended December 2022. Standalone profit plunged 92 percent year-on-year to Rs 245 crore for the quarter…

Heranba Industries' shares were locked in the lower circuit in Monday's trade after the company reported a weak set of numbers for the period ended on December 31, 2022. The stock hit a fresh record low during the session after reporting…

Adani group in its fresh response to questions raised by Hindenburg Research says the research house is an 'unethical' short seller and it published the report to manipulate and depress the stock price and create a false market. What is…

State-owned insurance behemoth Life Insurance Corporation of India (LIC) said its total exposure in Adani Group companies is less than 1% of its total assets under management (AUM) at book value, said a report on Monday. The clarification…

Sometimes human behaviour and emotional biases can put investors in a fix in a volatile market. In an interaction with Business Today, Siddharth Vora, Head of Investment Strategy and Fund Manager–PMS, Prabhudas Lilladher said that quant…

Shares of Bajaj Finance surged more than 5 per cent in Monday's trade, pausing their losing run of three straight sessions. The stock jumped 5.39 per cent to hit a day high of Rs 6,066.05 over its previous close of Rs 5,756. JM Financial…

Ashika Stock Broking is positive on select bluechip counters including Infosys and HDFC Bank amid the volatility in the broader markets. The domestic brokerage firm has picked up these largecap counters as its top picks for the week which…

Shares of Ambuja Cements and ACC, two Adani group cement companies, climbed 10 per cent in Monday's trade, even as a majority of Adani group stocks extended their recent falls, thanks to a media report that suggested the group was mulling a…

Domestic equity indices ended sharply lower on Friday amid deep cuts in Adani Group stocks and weak global cues. Sensex dropped 874 points to close at 59,330. Nifty50 settled the day at17,604, down 287.60 points in the last trading session.…

Shares of Hindustan Zinc, Banaras Beads and 360 One Wam will turn ex-dividend on Monday. Larsen & Toubro (L&T), Tech Mahindra (TechM), Bajaj Finserv, GAIL, PNB, BPCL, Laurus Labs and Mazagon Dock Shipbuilders are among dozen…

The Union Budget 2023, to be presented on February 1, will keep the markets buzzing throughout this week and there will be sector-specific moves based on the budget announcements by Finance Minister Nirmala Sitharaman. Parliament’s Budget…

It was a tough week of trade for Indian equity benchmarks where frontline indices plunge over two percentage points as investors remained cautious ahead of Federal Open Market Committee (FOMC) meeting and Union Budget 2023-24 to be held…

As many as 90 stocks in the BSE 500 index managed to keep their neck above water last week despite heavy selling in the domestic equity markets. The BSE barometer Sensex tanked 1,290.87 points, or 2.10 per cent, to 59,330.90 on January 27…

Egg shelves are seen with a note apologizing to customers for the price increase after the reduction in productivity brought on by poultry fatalities caused by various illnesses, in San Mateo, California, United States on January 23,…