RIL, TCS among top stocks mutual funds have bought over last 3 months – Portfolio rejig
IRFC Share Price 146.09 10:06 AM | 19 Nov 2024 7.81(5.65%) Suzlon Energy Share Price 62.22 10:06 AM | 19 Nov 2024 2.97(5.0%) IREDA Share Price 192.25 10:06 AM | 19 Nov 2024 4.73(2.53%) Tata Motors Share Price 788.95 10:06 AM | 19 Nov 2024 17.06(2.21%) YES Bank Share Price 19.71 10:06 AM | 19…
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LTIMindtree, Wipro, and other IT stocks crack up to 5% amid Powell’s indication of slower rate cuts
Shares of Indian IT companies came under pressure during Monday’s trading session following comments from Federal Reserve Chair Jerome Powell on Thursday. Powell suggested that the U.S. Federal Reserve is likely to slow down interest rate cuts in the coming months, citing persistent inflation and the need to monitor its trajectory before making further decisions….
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This Nifty stock with most number of bonus issues may reward investors again
IT services company Wipro will consider issuing bonus shares to investors when its board will meet to approve second quarter results. If declared, this will be the 14th time the Bengaluru-based company will be handing out bonus shares to investors, which is the highest for any Nifty company. Wipro first issued bonus shares to investors…
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IT stocks surge up to 26% in 3 months; Infosys, Coforge, TCS among top brokerage bets
IT stocks have outclassed most sectoral peers delivering aggregate 13% returns at an index level in the past 3 months. Midcap counter Coforge and Infosys are among the leaders in the pack with a lone exception in Wipro, which has seen its share price erode. Coforge tops the chart with 26% returns in the past…
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Ratan Tata years: Profit zoomed 51 times, market capitalization 33 times under his leadership
Tata Group patriarch Ratan Tata, who passed away last night at the age of 86, added enough zeros to the salt-to-software conglomerate’s balance sheets for revenues to pole-vault 46 times to Rs 4.75 lakh crore in his 21 years of chairmanship which ended in 2012. The tycoon took over the reins of the Tata Group…
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Will Nifty succumb to fear or time for greed to take over? Watch out for these 7 factors
Amid rising fears of a surge in crude oil prices due to tensions in West Asia and the FII outflow of money towards China, the stock market has been falling incessantly for the last five days and recorded its worst week in over two years. “The drag was across sectors led by realty, auto, and…
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Monday Blues! Sensex plummets over 1,000 points, Nifty below 26K
Domestic benchmark equity indices, Sensex and Nifty50, were trading with heavy losses on Monday amid mixed cues from regional markets, weighed down by index heavyweights Reliance Industries, Infosys, TCS, and ICICI Bank. The BSE Sensex was down 1,009.13 points, or 1.18%, trading at 84,562.72, while the Nifty50 dropped 284.95 points, or 1.09%, to 25,894 at…
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Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhem
Indian benchmark equity indices fell sharply on Monday, with the Sensex dropping over 800 points and the Nifty slipping below the 26,000 mark, amid mixed cues from regional markets. The decline was led by index heavyweights Reliance Industries, IT, and financial stocks. The market capitalisation of all listed companies on the BSE fell by Rs…
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Mcap of 6 of top-10 most valued firms jumps Rs 1.97 lakh cr; ICICI Bank, HDFC Bank major winners
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63…
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Big movers on D-Street: What investors should do with TCS, Torrent Power and Mphasis
Benchmark stock indices Sensex and Nifty hit fresh lifetime intraday highs before closing lower on Wednesday, ahead of the US Fed’s decision on interest rates. Stocks that were in focus included TCS, which fell 3.5%; Torrent Power, which gained 8.48%; and Mphasis, whose shares declined 6% on Wednesday. TCS After making lows around Rs 3,583…
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