Business

ICICIDirect Research has initiated research on Nitin Spinners, a stock which is also owned by seasoned Dalal street investor like Dolly Khanna. Nitin Spinners is textile company which has moved to become a sizeable pure spinning company in…

Long-term investors of RACL Geartech Limited stock have made significant gains as the shares have zoomed over 4,600 per cent in the last 10 years. At 14:50 hours, the shares were trading 1 per cent lower at Rs 740 on BSE on Friday. The…

Bajaj Finance investors are in a fix as the two-day correction in the NBFC stock has wiped out nearly Rs 33,500 crore in market cap.  Shares of Bajaj Finance ended 7.2% lower at Rs 6,099.85 on Thursday after the NBFC reported…

Bajaj Finance investors are in a fix as the two-day correction in the NBFC stock has wiped out nearly Rs 33,500 crore in market cap. Shares of Bajaj Finance ended 7.2% lower at Rs 6,099.85 on Thursday after the NBFC reported…

The first week of the New Year 2023 stood in favour of bears as negative global cues weighed market sentiment. The benchmark equity index BSE Sensex lost over plunged 1 per cent to 60,051 in the afternoon trade on January 6, 2023 against…

Shares of Sobha jumped 4 per cent in Friday's trade despite the prevailing weak market sentiment after the real estate developer said it achieved highest ever quarterly sales volume of 1.47 million square feet, up 11.6 per cent YoY and 10.4…

Indian equity benchmarks fell sharply in late deals, extending their fall for the third consecutive session as banks, financials and technology stocks dragged. At 1:31 pm, the 30-share BSE Sensex slumped 639 points or 1.06 per cent to trade…

Shares of Bajaj Finance and Bajaj Finserv extended their fall for the third straight session in Friday's trade. Bajaj Finance fell 2.60 per cent to hit a day low of Rs 5,941 over its previous close of Rs 6,099.85. At today's low level of Rs…

The grey market premium (GMP) of Sah Polymers has crashed 70 per cent in the grey market this week, analysts who track the unofficial market suggested. Sah Polymers was commanding a premium of Rs 8-10 apiece in the grey market on Monday,…

December quarter is historically a dull quarter for IT companies, but the last year saw an aberration, thanks to strong growth on healthy demand and lower furloughs.  Against this background, the quarterly numbers of IT firms will be…

Shares of ICICI Bank were in focus today after brokerage Jefferies assigned a buy call to the banking stock. ICICI Bank stock was trading 1% lower at Rs 869.70 against the previous close of Rs 879 on BSE. Earlier, the stock opened higher…

Domestic stock indices opened on a muted note on Friday amid the lack of directional cues. The indices fell amid concerns over slowdown in the global economy. Besides, investors were building up expectations ahead of December quarter…

Benchmark indices closed lower for the second straight session on Thursday, led by a fall in banking and finance counters and continuous foreign fund outflows. Sensex ended 304.18 points lower at 60,353.27 after the index failed to hold on…

Domestic indices are likely to see a muted start to Friday’s trade, tracking mixed global cues. US stocks settled lower overnight but most Asian markets were trading higher in early trade. A recovery in the rupee may offer some respite amid…

Demand for employment remained high in November as companies looked for workers to fill positions despite worries of a looming recession, the Labor Department reported Wednesday.The Job Openings and Labor Turnover Survey for the month…

A 'help wanted' sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty ImagesThe jobs market closed out 2022 on a high note, with companies adding far more jobs than expected in…

Walgreens Boots Alliance on Thursday reported fiscal first quarter earnings that beat Wall Street's estimates after an early flu season boosted demand for cough and cold medicine.The company said it also raised its full-year revenue outlook…

Indian equity benchmarks fell on Thursday, extending their losing run for the second consecutive session. The domestic equity benchmarks declined today, dragged by ICICI Bank, Bajaj Finance, Infosys and Bajaj Finserv. At closing, the…

Rama Steel Tubes and Globe Multi Venture (erstwhile Globe Commercials) are two multibagger stocks, which will go ex-bonus on Friday. Globe Multi Venture had announced bonus in the ratio of 1:1.  Rama Steel Tubes shares had announced bonus…

Benchmark indices closed lower for the second straight session on Thursday, led by a fall in banking and finance counters and continuous foreign fund outflows. Sensex ended 304.18 points lower at 60,353.27 after the index failed to hold on…

Shares of Godrej Consumer Products Ltd (GCPL) rose over 3% today after the FMCG firm said it expects to clock double-digit sales growth in the December quarter backed by low single-digit volume growth. The statement comes at a time when the…

Seasoned investor Dolly Khanna cut stakes in at least two stocks in the December quarter, as per the latest shareholding pattern. The celebrity investor trimmed stake in Tinna Rubber and Infrastructure while she was not among key public…

Indian equity benchmarks fell sharply in late deals on Thursday, extending their fall for the second consecutive session. The BSE Sensex slumped over 600 points while the NSE barometer Nifty hit the sub-17,900 level. At 1.59 pm, the 30-pack…

Tata Motors may report narrowing of losses for the December quarter while Maruti Suzuki and Mahindra & Mahindra (M&M) may post strong bottom line growth in the quarter gone by, suggests quarterly projections by domestic brokerage…

Shares of RBL Bank rose over 3% amid a weak market sentiment today after the private sector lender said after the bank reported a 14% rise in gross advances to Rs 68,371 crore in the December quarter against Rs 59,967 crore in the…

BSE stocks such as Apollo Tyres, Anand Rathi Wealth, TVS Srichakra are among 90 stocks that touched their respective one-year high levels on Wednesday, despite overall weakness in the domestic benchmarks. Indian equity benchmarks fell…

Shares of Adani Enterprises were trading half-a-per cent lower in Thursday's trade after the company denied reports that the Adani Group was looking to buy promoter stake in Orient Cement. This was the fourth day of fall for the Adani Group…

Fixed deposits once again have emerged as an alternative investment option for investors after the recent hike in interest rates, said Rahul Arora, Chief Executive Officer, Nirmal Bang Institutional Equities. The market watcher also…

Shares of Marico rose nearly 4% today after the FMCG firm said the sector witnessed some improvement in demand during the December quarter, which was more visible in specific categories buoyed by the festive fervour and oncoming winter…

Shares of IRB Infrastructure Developers (IRB Infra) fell over 5 per cent in Thursday’s trade after the company announced the sub-division of equity shares. The company said it will split its shares with a face value of Rs 10 each in the…