Benchmark Sensex rebounded nearly 567 points and Nifty regained 23,150 level on Wednesday following value buying in IT and banking shares and firm global trends. Stocks that were in focus include names like Bharat Dynamics, which fell 4.6% and Cyient DLM, which declined 14% and Newgen Software, whose shares dropped 6% on Wednesday. Here’s what…
READ MORE1/5 Tech Mahindra December Quarter Results Tech Mahindra has garnered mixed reviews from leading brokerage firms following its Q3 results. IT services company Tech Mahindra on Friday reported a 93% growth in consolidated net profit for the quarter ended December 31, 2024. The bottom line stood at Rs 983 crore (attributable to shareholders of the…
READ MOREEquity indices rallied for the third session on the trot on Thursday, helped by a rally in global markets after lower-than-expected US inflation ignited hopes of more rate cuts by the Fed. Stocks that were in focus include names like SBI Life, which rose 3% and DMart, which gained 1% and LTIMindtree, whose shares jumped…
READ MOREEquity indices Sensex and Nifty rebounded sharply on Monday after five days of steep decline amid value buying at lower levels and a supportive trend in global markets. Stocks that were in focus include names like SAIL, which rose 4% and Aurobindo Pharma, which gained 1% and HPCL, whose shares declined nearly 1% on Monday….
READ MOREBenchmark indices rebounded sharply by about 1% on Friday, propelled by bargain hunting in tech and consumer durable stocks amid encouraging domestic inflation data. Stocks that were in focus include names like Shakti Pumps, which rose 5% and IOC, which gained 2.01% and JK Tyre, whose shares fell 0.037% on Friday. Here’s what Santosh Meena,…
READ MOREEquity indices ended lower on Thursday due to selling pressure in index majors as investors turned cautious ahead of the inflation data announcement. Stocks that were in focus include names like Ultratech Cement, which fell 0.8% and Bajaj Auto, which declined 1.05% and DMart, whose shares fell 0.4% on Thursday. Here’s what Ameya Ranadive Sr…
READ MOREWall Street’s main indexes opened slightly higher in a shortened Black Friday trading session, on track for monthly gains as the holiday shopping season kickoff brought retail stocks into focus. Investors scrutinized retailers, expected to attract millions of shoppers with their deep Black Friday discounts, as customers started their year-end holiday shopping. Adobe Analytics estimated…
READ MOREAs Swiggy gears up for its high-profile IPO next week, anticipation is high among its celebrity investors, who acquired stakes in the food delivery giant early on. These high-profile stakeholders could stand to benefit significantly from a successful market debut as Swiggy transitions from a private entity to a publicly traded company. A host of…
READ MORERising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly…
READ MOREJapan’s Nikkei share average marked a second week of declines on Friday as investors weighed the risk outlooks ahead of a domestic election that could see the ruling party lose its majority. The Nikkei closed 0.6% lower at 37,913.92, posting a 2.7% loss for the week. The broader Topix finished down 0.7% at 2,618.32. The…
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