Business

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…

With the market seeing a 3 per cent drop in the last one month, more than half of Nifty50 stocks are trading at discount to their historical averages. Price targets on many of these stocks suggest up to 30 per cent potential upside going…

Domestic stock indices dropped sharply on Wednesday amid concerns over aggressive Fed rate hikes and rising Covid cases in China. The BSE Sensex plunged more than 635 points or 1.04 per cent to settle at 60,657. The Nifty50 tanked 190…

The S&P 500 finished higher on Wednesday but below its session peak after volatile trading following the release of minutes from the Federal Reserve's last meeting, which showed officials laser-focused on controlling inflation even as…

Indian equity benchmarks fell sharply on Wednesday, halting their winning run of two consecutive sessions. The domestic equity benchmarks slumped today, dragged by index heavyweight Reliance Industries, HDFC twins (HDFC and HDFC Bank) and…

Benchmark indices crashed on Wednesday, snapping a two-day winning run. Sensex fell 637 points or 1.04 per cent to 60,657and Nifty was down 190 points or 1.04 per cent at 18,043. Investors fret over the rising Covid-19 cases in China and…

Radian Cash Management Services had a strong stock market debut on Wednesday, as the scrip settled 11 per cent higher on Day 1 of the listing. Against the issue price of Rs 94 apiece, the stock got listed at Rs 103 on NSE, up 10 per cent.…

Shares of Hindalco Industries fell 4 per cent in Wednesday's trade, taking its fall to the second straight day. The scrip fell 3.86 per cent to hit a low of Rs 461.60. At this price, the scrip was still up 49 per cent over its 52-week low…

Domestic stocks fell in Wednesday's trade, snapping a two-day winning run. The BSE Sensex fell over 650 points while the NSE barometer Nifty hit sub-18,050 level. At 2.31 pm, the 30-pack Sensex was down 520 points or 0.85 per cent at…

London Stock ExchangeToby Melville | ReutersLONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity.In its 2023 macro…

Global Capital Market, a lesser-known multibagger microcap stock, is eyeing expansion of its businesses and is looking to enter bill discount business. The board of Global Capital Market discussed plans to enter the business while also…

The initial public offering (IPO) of Sah Polymers was subscribed 8.97 times on the final day of bidding process. The initial share sale received bids for 5,03,31,590 shares against 56,10,000 shares on offer by 12:54 pm on Wednesday. The…

Information technology firms Tata Consultancy Services (TCS), Wipro, Infosys and HCL Technologies are slated to announce their third-quarter results next week. The forthcoming quarterly results are crucial for the IT majors after a tepid…

BSE stocks such as Axis Bank, Equitas Small Finance Bank and General Insurance Corporation of India are among 81 stocks that touched their respective one-year high levels on Wednesday, defying weakness in the domestic benchmarks. Indian…

Shares of Deepak Nitrite have delivered flat returns in 2022. The stock, which closed at Rs 2,489.5 on December 31, 2021, ended at Rs 1,985.65 on December 30, 2022.  Before this, the stock had stellar returns in 2021 and 2020. The share…

Shares of Orient Cement rose sharply in Wednesday's trade, extending their gains for the second straight session amid heavy volumes. The stock jumped 12.27 per cent to hit a day high of Rs 148.70 over its previous close of Rs 132.45. At…