Business

Shares of One 97 Communications, Paytm's parent, rebounded over 3 per cent in Friday's trade after a sharp fall in the previous session. The stock climbed 3.14 per cent to hit a day high of Rs 559.25 over its previous close of Rs 542.25.…

Shares of Tata Steel have risen 45% from their 52-week low in nearly seven months. The metal stock hit a yearly low of Rs 82.71 on June 23, 2022. Of late, the Tata Steel stock has been in an uptrend. Shares of Tata Steel have surged 17.71%…

Garden Reach Shipbuilders & Engineers (GRSE) has got a buy rating from ICICIDirect Research as the brokerage firm has initiated coverage on the defence based public sector player. It has given a target price of Rs 630 on the counter…

The board of Wipro will consider dividend payments, if any, along with its quarterly results, later in the day. Data available with corporate database AceEquity suggests Wipro's dividend yield stood at 1.52 per cent as of Thursday’s…

Rekha Jhunjhunwala, wife of late investor Rakesh Jhunjhunwala has raised stake in construction firm Nagarjuna Construction Company (NCC) during the October to December 2022 quarter. According to the shareholding pattern of NCC, Rekha…

Shares of HCL Technologies (HCL Tech) were trading 3 per cent lower in Friday's trade, even as the IT major reported a strong set of results for December quarter and also announced 80th quarterly dividend in a row. Analysts said the IT…

Infosys' third quarter revenue growth in constant currency (CC) terms at 2.4 per cent sequentially was strong while its order wins at $3.3 billion was largest since Q3FY21.  It also surprised Street with raising of FY23 revenue growth…

Benchmark indices Sensex and Nifty ended with losses in choppy trade on Thursday. Unabated foreign fund outflows also hit the investor sentiment. Sensex fell 147.47 points or 0.25 per cent to end at 59,958.03. During the day, the 30-stock…

A gauge of global stocks climbed on Thursday while longer-dated US Treasury yields and the dollar fell after a reading of consumer prices fed expectations the Federal Reserve may have leeway to scale back the size of future interest rate…

A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022.Michael Nagle | Xinhua News Agency | Getty ImagesDecember's monthly decline in the consumer price index gets the Federal Reserve a step…

Inflation closed out 2022 in a modest retreat, with consumer prices in December posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday.The consumer price index, which measures the cost of a…

Last year, Indian equity markets witnessed ferocious selling by foreign institutional investors (FIIs) amid ongoing global economic concerns. FIIs have sold shares worth Rs 2.78 lakh crore in the Indian equity markets in 2022. However,…

HCL Technologies (HCL Tech) on Thursday announced an interim dividend of Rs 10 per share for FY23, which the IT major said was its 80th (20 years) straight payout in a row. HCL Tech had announced interim dividends of Rs 10 each in the…

Planes are seen at Charlotte Douglas International Airport on December 28, 2022 in Charlotte, United States.Peter Zay | Anadolu Agency | Getty ImagesAmerican Airlines' shares rose nearly 5% in premarket trading Thursday after the carrier…

HCL Technologies (HCL Tech), India's third largest software exporter, on Thursday reported a 19 per cent year-on-year (YoY) rise in net profit at Rs 4,096 crore for the December quarter compared with Rs 3,442 crore in the same quarter last…

Infosys reported a 13.4 per cent year-on-year (YoY) rise in net profit at Rs 6,586 crore for the December quarter compared with Rs 5,809 crore in the same quarter last year

Benchmark indices Sensex and Nifty ended with losses in choppy trade ahead of inflation and industrial production data to be released later in the day. Unabated foreign fund outflows also hit the investor sentiment. Sensex fell 147.47…

Shares of Tata Motors were trading at the key support level of Rs 412 today. In the last one month, Tata Motors stock has traded in a narrow range of Rs 418 to Rs 375, largely in a bearish zone below the key support of Rs 412. In terms of…

Infosys, India's second largest software exporter, on Thursday reported a 13.4 per cent year-on-year (YoY) rise in net profit at Rs 6,586 crore for the December quarter compared with Rs 5,809 crore in the same quarter last year. The IT…

Japan's Nikkei share average ended little changed on Thursday, on caution ahead of key US inflation data, with banking stocks rallying amid speculation about a Bank of Japan (BOJ) stimulus tweak heading into next week's policy meeting. The…

Shares of Nykaa fell nearly 5% in trade today amid report that 1.4 crore shares of parent company FSN E-Commerce Ventures changed hands in a block deal today. Nykaa stock lost 4.77% to Rs 147.70  against the previous close of Rs 155.10 on…

Shares of One 97 Communications (Paytm) tanked nearly 9 per cent in Thursday's trade amid reports the counter witnessed Rs 1,126 crore worth bulk deals earlier today. Alibaba is believed to be the seller. The scrip fell 8.82 per cent to hit…

Dolly Khanna has been on a selling spree at Dalal Street in the December 2022 quarter, suggesting the latest shareholding patterns filed by the companies so far. He has not picked up a stake in any company so far. Dolly Khanna has trimmed…

Shares of Route Mobile rose 5% today after company said it has won a two-year contract from a leading mobile network operator for international A2P messaging in Sri Lanka. Stock of Route Mobile touched an intraday high of Rs 1246.7, rising…

Shares of Adani Wilmar were trading on a flat note since the consumer food company posted a healthy quarter in terms of strong volume growth for the period ending December 31, 2022.  Adani Wilmar stock was trading at Rs 571.90 today against…

Porinju Veliyath has entered in one new counter in the December 2022 quarter, whereas the smallcap czar has signaled a potential exit from another one, the latest shareholding pattern suggests. According to the companies latest…

Infosys and HCL Technologies (HCL Tech) would report their December quarter results post market hours today. Analysts expect Infosys to report a 11-15 per cent year-on-year (YoY) rise in profit growth, while, for HCL Tech, they see profit…

Stock of Dwarikesh Sugar Industries has delivered 318% returns to shareholders in the last four years. The smallcap share, which closed at Rs 23.85 on January 11, 2019  ended at a high of Rs 99.85 on BSE in the previous session. An amount…

Asian stock markets mostly pushed higher on Thursday, ahead of US consumer price data that investors hope will confirm inflation is in retreat, while the yen rose with a report Japan will next week review the side-effects of its ultra-easy…

HCL Technologies (HCL Tech) is all set to report its quarterly results on Thursday, post market hours. If one were to believe brokerage reports, HCL Tech would lead the tier I pack, with highest sequential revenue growth of 3.6 per cent in…