Business

Shares of Delta Corp fell over 3 per cent ahead of the gaming and casino firm's Q3 earnings set to be announced today. Delta Corp stock hit an intraday low of Rs 207.85, down 3.51% against the previous close of Rs 215.40 on BSE. The midcap…

David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty ImagesGoldman…

Shares of IIFL Finance rose sharply in Tuesday's trade, halting their two-day losing run amid heavy volumes. The stock today jumped 10.28 per cent to hit a day high of Rs 519.70 over its previous close of Rs 471.25. At today's high level of…

Domestic brokerage firm HDFC Securities has released its reports on Ircon International, Rail Vikas Nigam (RVNL), Care Ratings and The Anup Engineering. These stocks have remained in the limelight at the Dalal Street recently and the…

Top mutual fund houses were busy investing in many IPOs, new debutants this past December. The fund houses also entered a few stocks such as GMM Pfaudler, Sagar Cements, BEML, Fortis Healthcare and Greenlam Industries, while they exited a…

Shares of IndusInd Bank have approached their 52-week high of Rs 1,275.25 hit on September 20, 2022.  Currently, the stock is trading 1.95% lower at Rs 1,215 on BSE. In technical terms, the banking stock is looking strong with an ascending…

Shares of Infibeam Avenues on Tuesday slipped 2.79 per cent to hit an intraday low of Rs 17.40 over its previous close of Rs 17.90. The stock eventually settled on a flat note, at Rs 17.90 on BSE. The scrip had jumped 9.48 per cent in the…

Innova Captab has received the nod from the capital markets regulator Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). It had filed preliminary IPO papers (DRHP) with Sebi on July 2022.…

Shares of Spencer's Retail surged in Tuesday's trade after the company stepped into a new format chain, 'Spencer's Value Market', which targets value-conscious consumers. The stock zoomed 13.23 per cent to hit a day high of Rs 72.75 over…

Shares of Siemens rose after two days in the current session after the company bagged an order from the ministry of railways to manufacture electric freight locomotives. Siemens share opened with a gain of 2.94% at Rs 3030 on BSE. Siemens…

Shares of FSN E-Commerce Ventures (Nykaa) fell 5 per cent in Tuesday's trade to hit a fresh record low amid heavy volumes. The scrip hit a low of Rs 133.50 on BSE, down 4.81 per cent. A total of 7.38 Nykaa shares changed hands on BSE so far…

Shares of Adani Enterprises fell nearly 2 per cent in Tuesday's trade amid a media report suggesting the Adani Group flagship company has filed an offer letter with stock exchanges on Monday for a proposed Rs 20,000 crore follow-on public…

Sensex and Nifty trimmed early gains and closed lower on Monday. Sensex fell 168.21 points to end at 60,092.97. Of 30 Sensex stocks, 15 ended in the red. Nifty dipped 61.75 points to close at 17,894.85. Axis Bank, NTPC, HDFC, HDFC Bank,…

The European Central Bank is expected to continue raising rates aggressively in the short-term as the euro zone economy proves more resilient than anticipated.Haussmann Visuals | Moment | Getty ImagesAfter China's reopening and a deluge of…

Shares of Adani Green Energy surged 9 per cent on Monday amid heavy volumes, defying overall weakness in the domestic benchmarks. The stock climbed 11.98 per cent to hit an intraday high of Rs 2,141.35 over its previous close of Rs…

Sensex and Nifty trimmed early gains and closed lower on Monday as unabated foreign fund outflows hit investor sentiment and losses in index heavyweights Reliance Industries and HDFC Bank. Sensex fell 168.21 points to end at 60,092.97. Of…

A dozen brokerages and investment banks have come out with research notes on what investors should expect from the finance minister Nirmala Sitharaman this coming Budget. The broader expectation is that the budget would support consumption…

Shares of GPT Infraprojects rose nearly 9% today after the firm said it won an order worth  Rs 216 crore. The share of  GPT Infra rose 8.68 per cent intraday to Rs 57.6 against the previous close of Rs 53 on BSE. Market cap of GPT Infra…

Shares of RattanIndia Enterprises jumped in Monday's trade after the acquisition of electric motorcycles maker Revolt Motors amid heavy volumes. The stock surged 18.45 per cent to hit a day high of Rs 50.40 over its previous close of Rs…

Vijay Kedia, the seasoned investor, has trimmed his stakes in the as many as three companies, including one potential exit, suggests the latest shareholding pattern. Along with it, Kedia has stayed put in as many as six other companies, the…

Bank of Maharashtra  reported a two-fold jump in its standalone profit after tax at Rs 775 crore for the December quarter. Gross NPAs declined to 2.94 per cent of total advances compared with 4.73 per cent in the year-ago quarter, the bank…

India is gradually progressing on the road to Industry through the government initiatives like the National Manufacturing Policy which aims to increase the share of manufacturing in GDP to 25 per cent by 2025 and the PLI scheme for…

Shares of Delhivery rose after four sessions today after Australian brokerage Macquarie initiated coverage on the logistics services provider with a buy call. The brokerage has assigned an outperform rating to the firm with a target price…

Shares of public sector lender Indian Overseas Bank rose over 8% amid a rising market today. The stock has been trading in the green for two sessions. Indian Overseas Bank stock rose 8.48% to Rs 32.60 today against the previous close of Rs…

Mastek, Persistent Systems and Coforge are three IT firms, whose boards will consider proposals of dividend payments this week, along with their companies' quarterly results. Newgen Software Technologies, Oracle Financial Services Software,…

 Shares of public sector lender UCO Bank rose 8% amid a rising market today. The stock has been trading in the green for two sessions. UCO Bank stock rose 7.99% to Rs 32.45 today against the previous close of Rs 30.05 on BSE. In the current…

Sula Vineyards reported a 13 per cent year-on-year (YoY) growth in the own brands sales at Rs 187.2 crore in December 2022 quarter, which was Rs 165.7 crore in the year ago period. For the nine months ended on December 31, 2022, the company…

HDFC Bank, whose shares have jumped 19 per cent in the last six months, reported an line December quarter results.  While analysts are a bit cautious over the HDFC merger transition, they felt the stock is trading at reasonable valuations…

  Domestic benchmark indices staged a quick recovery on the Friday, despite the relentless FPI selling, to settle flat on a weekly basis. The BSE Sensex jumped over 300 points or 0.51 per cent, to settle at 60,261.18. The NSE Nifty50 index…

Asian shares started cautiously on Monday as investors waited nervously to see if the Bank of Japan (BOJ) will defend its super-sized stimulus policy at a pivotal meeting this week, while a holiday in US markets made for thin trading.…