Business

BSE stocks such as Abbott India, Godfrey Phillips India, IDBI Bank, Jindal Steel and Power and PNC Infratech and Power Finance Corporation are among 136 stocks that touched their respective one-year high levels in Monday's trade. Indian…

Domestic equity markets are back in green on Monday, tracking the firm global cues. Analysts tracking the technical charts suggest that select stocks are likely to deliver handsome returns in the near term and see opportunities on both…

A rally on Dalal Street, after three back-to-back days of fall, surprised many on Monday morning. But it was in line with global rally, especially after a sharp upmove on Wall Street on Friday, as investors cheered a strong US jobs data,…

Shares of Tata Consultancy Services (TCS) climbed 3 per cent in Monday's trade and topped Rs 12 lakh crore in market capitalisation (m-cap), ahead of the IT major’s  December quarter results. The stock rose 3.01 per cent to hit a high of Rs…

While projections for TCS suggest deal wins of around $7-10 billion, Nirmal Bang sees Infosys deal wins at $2 billion, reflecting a sequential decline after a record September quarter. IT major TCS will report its quarterly results today…

Tata Consultancy Services (TCS), India's largest software exporter, is ready to report its quarterly earnings later today. If Accenture's recent quarterly earnings were any cue, the IT major may report strong set of numbers. But investors…

Nifty Bank made a high of 43,578.40, before settling this past week at 42,188.80. The banking index lost 1.86 per cent for the week, falling below its support of 50-DMA. The fall below a key support is hinting at a short term weakness…

Sustained selling pressure by foreign institutional investors (FIIs) due to a slowdown in the US and Europe, and worries over the after-effects of rising interest rates dragged 11 Nifty stocks down by over 20 per cent from their 52-week…

Bears took control over Dalal Street and key gauges ended the first week of 2023 on a dismal note as traders remained pessimistic after US data indicated the US Federal Reserve will keep hiking interest rates to curb inflation. Consistent…

Commuters arrive into the Oculus station and mall in Manhattan on November 17, 2022 in New York City.Spencer Platt | Getty ImagesThe U.S. unemployment rate declined overall in December, but rose for Black women and Hispanic men, according…

Wall Street's main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in U.S. jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory. The nonfarm payrolls rose by…

Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic growth.Nonfarm payrolls increased by 223,000 for the month, above the…

Indian equity benchmarks fell sharply on Friday, extending their losing run for the third consecutive session. The domestic equity benchmarks plunged today, dragged by TCS, Infosys, ICICI Bank and HDFC twins (HDFC and HDFC Bank). At…

Benchmark indices closed lower for the third straight session on Friday, led by a fall in banking and IT counters amid continuous foreign fund outflows. Sensex ended 453 points lower at 59,900 and Nifty dipped 132 points to end at 17,859.…

Sensex has lost the psychological mark of 60,000 while Nifty has fallen below 18,000 level -- not exactly what small investors would have wanted, especially, at the beginning of 2023. Foreign portfolio investors are playing a spoilsport, as…

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…