Business

Shares of Mahindra & Mahindra Financial Services (Mahindra Finance) fell in Tuesday's trade after hitting their one-year high level. The stock rose 2.51 per cent in early deals to hit a day high -- also its 52-week high -- of Rs 247.05…

Shares of Yes Bank rose nearly 3 per cent in Tuesday's trade, extending their gains for the third straight session after announcing a partnership with Banking-as-a-Service (BaaS) start-up, Falcon, to tap into the rapidly growing embedded…

December quarter results would see some impact of seasonal holidays and furloughs, in addition to a marginal cross-currency impact. Analysts noted that the commentary by tier II IT players was optimistic post Q2 results, with some caution…

Benchmark stock indices are likely to open on a muted note, tracking a weakness across Asian markets. US stocks were shut on Monday on account of New Year holiday, but a steady dollar hurt investor sentiment. Crude prices also slipped in…

Indian equity markets settled higher in the first session of 2023 despite the absence of global cues during the day. BSE Sensex advanced over 327 points or 0.54 per cent to settle at 61,167.79 on Monday, whereas NSE's Nifty50 gained over 92…

Indian equity benchmarks stepped into 2023 on a positive note, led by gains in index heavyweight Reliance Industries (RIL) and private sector lender ICICI Bank. The 30-share BSE Sensex rose 327 points or 0.54 per cent to close at 61,168 on…

Benchmark indices ended higher in the first trading session of 2022, led by a rally in metal and banking stocks. Sensex rose 327 points to end at 61,167 and Nifty gained 92 points to close at 18,197.   Top Gainers   Tata Steel (1.39%),…

Ashika Stock Broking has a 'buy' call on KPIT Technologies (KPIT Tech) with a target price of Rs 800, which was the IT firm's record high level that it hit in January last year. The brokerage said KPIT Tech has invested heavily in the…

Shares of JSW Energy have delivered flat returns in 2022. The stock, which closed at Rs 300.50 on December 31, 2021, ended at Rs 287.60 on December 30, 2022. This translates into a fall of 4.33% last year. In fact, shares of JSW Energy shed…

Seven stocks with a sub-Rs 10 price tag in 2021 turned multibagger in 2022. They were Global Capital Markets, Toyam Sports, Triveni Glass, Greencrest Financial Services, Filatex Fashions, The South Indian Bank and IL&FS Engineering and…

Federal Bank has emerged as one of the top fundamental picks for 2023. Analysts see up to 17 per cent upside in the few sessions, thanks to improved credit growth and asset quality. The private lender strong numbers in the September…

Jindal Poly Films on Monday said a fire accident occurred at its Igatpuri plant on January 1 and that it is in the process of ascertaining actual loss caused by the accident. At 1400 hours on Monday, the company's stock on BSE was trading…

Four stocks from BSE500 index have delivered double digit returns consecutively for the last five calendars. They included Abbott India, Tube Investments, Varun Beverages and Esab India. Three of these stocks, however, have average price…

BSE 500 stocks such as Canara Bank, Jindal Steel & Power, Jindal Stainless, Jindal Stainless (Hisar), Kalpataru Power Transmission, Lloyds Metals and Energy, Mahindra CIE Automotive, PNB Housing Finance, REC, Rhi Magnesita India and…

As the Nifty50 Index ended 2022 above 18,200-mark, its highest ever closing on a yearly basis, domestic brokerage firm Motilal Oswal believes that the index has taken support at the weekly averages and it has formed a bullish candle which…

IRB Infrastructure Developers continued to remain under spotlight in the first trading session of 2023, as the stock rose more than 8 per cent during the early trade on Monday.The company's board is scheduled to meet on Wednesday, January 4…

As the New Year dawns, it brings with it new hopes, new optimism and new aspirations. But for your investment strategy to even remotely succeed, it is essential to avoid some investment mistakes, which investors are most likely to make in…

Shares of Usha Martin rose sharply to hit their one-year high level in early trade on Monday. The stock jumped 14.76 per cent to touch its 52-week high of Rs 197.45 over its previous close of Rs 172.05. A total of 1.61 lakh shares changed…

Shares of BF Investment climbed 20 per cent in Monday's trade as the company board will consider and approve delisting of shares in a meeting on January 4. The company informed this in a BSE filing post market hours of December 30.…

Indian benchmarks Sensex and Nifty closed on a negative note on Friday in the last trading session of 2022. Sensex fell 293 points to end at 60,840 and Nifty lost 85 points to close at 18,105. ICICI Bank (1.74%), Bharti Airtel (1.56%), HDFC…

The boards of three companies namely Nitta Gelatin India, Coastal Corporation, and Inventure Growth & Securities will consider rights issues on Monday. The board of Ashapura Minechem will consider the issue of warrants later in the day.…

The last week of the calendar year 2022 proved to be a cheerful one for the markets, with major indices making a turnaround after three weeks of losses and reclaimed their crucial psychological levels of 60,800 (for Sensex) and 18,100 (for…

Did you know that the last time the Indian benchmark indices – S&P BSE Sensex and Nifty – ended a calendar year in the red was way back in 2015? Since then, the benchmarks have been clocking gains in every calendar year and this is the…

Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. Most…

Indian benchmark indices ended 2022 on a positive note, clocking over 4% gains each amid highly volatile global markets. Sensex gained 2,587 pts or 4.44% in 2022. Sensex, which closed at 58,253 on December 31, 2021, ended at 60,840 level on…

A handful of mega IPOs that hit the market in 2022 could not deliver investor money. Some of the issues such as AGS Transact, Delhivery and Life Insurance Company (LIC) in fact eroded a major chunk of investor value in the otherwise a…

Benchmark equity indices BSE Sensex and NSE Nifty ended the year 2022 on a positive note despite the volatility in the form of the Russia-Ukraine war, rising interest rates, record outflows by foreign institutional investors and fear of…

Investors in 2022 IPOs had a mixed year, with only a handful stocks delivering strong returns. Among the three dozen stocks that hit the Street, only three could manage to double investor money during the year. Out of 40 companies that…

Shares of Elin Electronics extended selling pressure post a tepid listing, before ending the day at Rs 227.80 on BSE, down 7.77 per cent over the issue price of Rs 247. Elin Electronics hit a low of Rs 225.60 05 and high of Rs 244.75…

Indian benchmarks Sensex and Nifty closed on a negative note on Friday in the last trading session of 2022. Sensex fell 293 points to end at 60,840 and Nifty lost 85 points to close at 18,105.    Top losers    ICICI Bank (1.74%), Bharti…