Business

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.…

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…