Stocks on Wall Street are slumping alongside bond yields on Thursday after more signals suggested the U.S. economy’s growth is slowing. The S&P 500 was down 1.4% in midday trading…
Shares of Ambuja Cements Ltd. slipped 2.83 per cent to Rs 660.45 in Thursday’s trade as of 01:45PM (IST). The stock hit a high price of Rs 680.95 and low…
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting in September as inflation continues coming…
Shares of Siemens Ltd. rose 1.18 per cent to Rs 7101.55 at 01:39PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the…
Procter & Gamble posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to keep prices in check, sending…
Shares of ICICI Prudential Life Insurance Company Ltd. traded 1.29 per cent up at Rs 728.25 on Tuesday at around 01:29PM (IST), while the benchmark BSE Sensex advanced 158.01 points…
The Securities and Exchange Board of India has barred former liquor baron Vijay Mallya from accessing the securities market for three years for routing funds to the Indian capital markets…
The initial public offering (IPO) of Akums Drugs and Pharma will open for subscription on July 30. The issue closes on August 1. Through the public offer, the company plans…
Mumbai: Overseas and local investors have shown keen interest in participating in the anchor book of Ola Electric Mobility as the valuation of the electric two-wheeler maker’s initial public offering…
Foreign investors injected over Rs 33,600 crore into Indian equities so far this month on the expectation of continued policy reforms, sustained economic growth and a better-than-expected earnings season. However,…
Kolkata: Microfinance company Spandana Sphoorty Financial on Saturday reported a 53% year-on-year fall in consolidated net profit for the June quarter owing to increase in delinquencies. The net profit was…
Executive SummarySolana, the fourth largest cryptocurrency by market cap, is a lightning-fast and cost-effective blockchain network that has positioned itself as a strong competitor to Ethereum. Recent on-chain metrics reflect…
Market regulator Securities and Exchange Board of India (Sebi) has imposed a fine of Rs 5 lakh on HSBC Asset Management (India) Private Limited after finding that an order passed…
Shares of Shree Cements Ltd. traded at Rs 27622.95 on BSE at 01:08PM (IST) on Friday, up 0.51 per cent from previous close. The scrip quoted a 52-week low price…
Morgan Stanley Asia Singapore Pte bought over 1.25 crore shares worth Rs 285 crore in RBL Bank on Thursday via a block deal. It was not the only buyer as…
Domestic brokerage firm JM Financial increased the target price for Suzlon Energy’s stock to Rs 71 from an earlier Rs 54 after the company reported a stellar performance for the…
Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, let’s dive into…
Shares of SBI Cards and Payment Services Ltd. gained 0.33 per cent to Rs 732.55 in Wednesday’s session as of 12:38PM (IST) even as the equity benchmark Sensex traded 589.61…
Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into…
Shares of MapmyIndia and Genesys International Co-operation soared up to 10% in intraday trade on Tuesday after Finance Minister Nirmala Sitharaman, in her Budget speech, announced that land records in…
Mumbai: Piramal Capital and Housing Finance, looking to raise up to $300 million in its inaugural overseas sustainability bond issue, has priced the bond at 7.95% with a tenor of…
Shares of PI Industries Ltd. gained 3.9 per cent to Rs 3982.95 in Monday’s trade as of 12:43PM (IST). The stock hit a high price of Rs 3986.55 and low…
Indian benchmark equity indices closed in the deep red on Friday due to broad-based profit booking ahead of the union budget next week. Selling was observed in all sectors. The…
In the past few years, there has been a gradual positive shift in the right direction. The government has provided clarity on taxation, and crypto exchanges are now reported entities…
“The utilization has improved and is perhaps at a reasonable high. Every time we have said that we have improved quarter-on-quarter, but right now it is safe to say that…
The US economic surprises are now the most negative since 2015. Month-on-month CPI print at -0.1% is the lowest in four years. Fed members have been reiterating that they want…
New Delhi: Fast-moving consumer goods (FMCG) brand Patanjali Foods reported a threefold increase in net profit to Rs 262.9 crore in the quarter ending June 2024 compared to Rs 87.8…
Shares of SBI Cards and Payment Services Ltd. slipped 1.73 per cent to Rs 720.95 in Friday’s trade. It hit a high of Rs 735.7 and low of Rs 717.55…
ET Intelligence Group: Among the top three software exporters who have declared first quarter numbers so far, Infosys delivered better performance beating the average analyst estimates on parameters including revenue,…
Shares of Jubilant Foodworks Ltd. fell 2.9 per cent to Rs 569.25 at 12:33PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to…
The yen rose sharply on Wednesday in a move that was suspected to be the result of another intervention from Japanese officials to buttress the long-battered currency from multi-decade lows.…
India’s second largest IT services company Infosys Ltd is expected to post strong sequential revenue growth in the first quarter ended June 2024, driven mainly by ramp up of large…
While stating that the order pipeline for most companies remained healthy in the defence sector, domestic brokerage firm ICICI Securities listed Solar Industries, Astra Microwave Dynamatic Technologies and Azad Engineering…
Shares of Cholamandalam Investment & Finance Company Ltd. traded 0.07 per cent up at Rs 1414.55 on Tuesday at around 12:23PM (IST), while the benchmark BSE Sensex advanced 135.87 points…
Mumbai: Jio Financial Services the non-banking company of Reliance Industries said its consolidated net profit fell 6% year-on-year to Rs 313 crore in the quarter ended June 2024 from Rs…
Smallcap, midcap, multicap, and flexi-cap funds led the pack in outperforming the Nifty50 in June 2024. However, PMS fund managers for HNI investors investing in PMS schemes advise caution, urging…
Many people are familiar with futures contracts in traditional markets, where they are used to trade commodities like oil, gold, and agricultural products. These contracts have also made their way…
Lok Adalat 2024: Here’s how you can settle your traffic challan, bill disputes by paying a small amount National Lok Adalat 2024: On July 13, India will host the second…
New Delhi: Japan’s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD 150 million, sources aware of the development said.…
Today when I write this column, it is slightly more than a month ago when election results were announced. After the initial hiccups, the markets stabilized once the signs of…
Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into…
Indian IT pack hogged the limelight on Friday following Tata Consultancy Services’ (TCS) June quarter earnings which were above the Street’s estimates. The Nifty IT index hit a fresh 52…
Mumbai: The Indian rupee weakened by four paise versus the US dollar on Thursday due to dollar demand from local oil companies and state-run banks amid volatility in oil prices.…
Shares of Indian Hotels Company Ltd. slipped 0.89 per cent to Rs 603.9 in Thursday’s trade. It hit a high of Rs 613.0 and low of Rs 603.9 during the…
Mumbai: The rupee weakened marginally versus the US dollar on Wednesday, as volatility in crude oil prices ahead of a demand forecast by the Organisation of the Petroleum Exporting Countries…
Shares of Siemens Ltd. traded at Rs 7751.1 on BSE at 12:02PM (IST) on Wednesday, down 0.08 per cent from previous close. The stock quoted a 52-week low price of…
Mumbai: Hema CIPEF (I), an affiliate of the US-based Capital Group, is likely to sell a 0.9% stake in Mankind Pharma on Wednesday through block deals, according to the term…
The stock traded at a P/E multiple of 60.53, while the price-to-book value ratio stood at 9.02.
New York: The entry of Taiwanese chip giant TSMC into the elite club of the world’s most valuable companies is further proof that the generative AI revolution is shaking up…
Shares of the Ashok Leyland Ltd. traded at Rs 227.8 on BSE at 11:52AM (IST) on Monday, down 0.76 per cent from previous close. The scrip quoted a 52-week low…
Indian markets had yet another excellent week for the bulls, with the benchmark indices maintaining their winning streak for the fifth consecutive week. Here’s how analysts the market pulse: “Looking…
Eight of the top-10 most valued firms together added Rs 1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest…
JM Financial (JMFL) has agreed to consolidate its holding in wholesale debt syndication and distressed credit business under one platform. In a meeting on Saturday, the company’s board of directors…
Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes. About a third of…
New Delhi: IT company Coforge on Friday bought a 17 per cent stake in Cigniti Technologies for Rs 645 crore through open market transactions. According to the block deal data…
Shares of LTIMindtree Ltd. rose 0.16 per cent to Rs 5469.1 at 11:47AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the…
New Delhi: Capital markets regulator Sebi on Thursday extended the deadline till October 31 for submitting the annual audited accounts and net worth certificates by stock brokers and depository participants.…
Shares of Ashok Leyland Ltd. traded 0.54 per cent up at Rs 228.2 at around 11:47AM (IST) on Thursday. The stock had closed at Rs 229.45 in the previous session.…
Mumbai: The rupee weakened slightly versus the dollar on Wednesday due to caution ahead of the US Federal Open Market Committee (FOMC) minutes and the US non-farm Payroll (employment) data.…
Shares of Indian Hotels Company Ltd. traded 0.06 per cent up at Rs 603.3 on Wednesday at around 11:47AM (IST), while the benchmark BSE Sensex advanced 446.08 points to 79887.53.…
MUMBAI: The Adi-Nadir Godrej faction has agreed to buy out the 12.65 percent stake estimated at Rs 3858 crore in Godrej Industries via block deals from RKN Enterprises which is…
Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says most of the power companies and NBFCs like REC, and PFCs are some of the best-placed companies at this point. On the…
BlackRock has launched a ‘buffer’ exchange-traded fund that seeks to offer a 100% downside hedge to risk-shy investors looking to tap the equity markets, the world’s largest asset manager said…
Shares of Indian Oil Corporation Ltd. gained 1.17 per cent to Rs 167.55 in Monday’s trade as of 11:47AM (IST). It hit a high of Rs 167.9 and low of…
Domestic indices recorded gains last week despite mixed signals from the global market, especially concerning inflation concerns. Investor focus was primarily on large-cap stocks, which led to underperformance in the…
Jun 30, 2024, 11:40:12 AM IST 1/7 Charitable Contribution Billionaire Warren Buffett on Friday announced his highest ever annual donation of Berkshire shares worth $ 5.3 billion to charity. Buffett’s…
After a streak of 4 green candles on the charts this week, Nifty ended Friday’s session in red at 24,010. Since Tuesday’s session, the prices made new peaks each day,…
Indian markets have been riding a wave of unprecedented highs, setting new records week after week. However, this bull run hit a roadblock on June 4, 2024, when the market…
New Delhi: Markets regulator Sebi on Friday slapped fines totalling Rs 3.75 crore on former promoter and MD of dairy firm Kwality’s Sanjay Dhingra and other entities for misrepresenting the…
Shares of India Cements have rallied 33% in this week so far attaining a new all-time high of Rs 308.10 in Friday’s session after a 24% stake of the company…
Sensex and Nifty both hit fresh record highs on June 27. The gains were driven by IT stocks and strong Reliance Industries (RIL) performance. The Sensex hit a new peak…
Shares of Bharat Forge Ltd. rose 0.4 per cent to Rs 1686.4 in Thursday’s trade as of 11:27AM (IST) even as the benchmark Nifty ruled at 23924.5, up 55.71 points.…
Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level as optimism around artificial intelligence and potential…
“In the midcap and smallcap, we think there is froth in certain segments and one has to be careful in those segments where there is froth. But there is a…
Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into…
Shares of Shree Cements Ltd. gained 0.27 per cent to Rs 27390.55 in Tuesday’s trade. It hit a high of Rs 27565.0 and low of Rs 27345.65 during the session.…
New Delhi, Allied Blenders and Distillers Ltd, the maker of Officer’s Choice Whisky, on Monday said it has raised Rs 449 crore from anchor investors a day before its initial…
NEW DELHI: The Nifty Bank index traded negative around 11:20AM(IST)on Monday in an upbeat market. Au Small Finance Bank Ltd.(up 0.76 per cent), ICICI Bank Ltd.(up 0.72 per cent), Bank…
Stock markets will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry,…
Benchmark indices Nifty and Sensex are consistent in their upward trend. While Bank Nifty managed to break out of its upward-moving channel, Nifty traded in a narrow range post the…
The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17, being a holiday on account of Bakri Eid. The past five sessions saw…
After a brief pause, silver prices remained in the limelight followed by feeble US economic numbers, which fuelled hopes that the US Federal Reserve would cut interest rates this year.…
Nvidia Corp.’s run as the world’s biggest company didn’t last long. Shares of the semiconductor giant have tumbled on back-to-back days, dropping more than 7%, after rallying earlier in the…
NEW DELHI: SecUR Credentials, Suumaya Lifestyle, N K Industries, GIR Natureview and IndInfravit Trust and others were among the stocks that touched their 52-week lows as of 11:15AM(IST)in Friday’s session.…
Hello and welcome to a brand-new episode of ET Market Watch. Your daily dose of stock movements, trends, and much more. I am your host, Neha Vashishth Mahajan, let’s hear…
Gold prices for MCX August contracts opened on a flat note on Thursday at Rs 71,746 per 10 grams after falling by Rs 2,950 in the last one month while…
Jun 19, 2024, 06:26:57 PM IST Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in…
“What percentage of their balance sheet is in stocks? Right, we have achieved breadth in the last seven-eight years, thanks to a lot of work done by the government, the…
As the understanding of Bitcoin spreads, a profound realization takes hold – Bitcoin possesses unique characteristics that position it as the superior savings technology and arguably the king of all…
Jun 16, 2024, 05:08:45 PM IST Indian defence sector stocks surged sharply last week, gaining up to 28%, as the government’s strong focus on the sector remains unwavering. These stocks…
The Wall Street axiom warns to “never fight the Fed.” But that’s exactly what traders are doing, and it could spark a rally in some of the forgotten corners of…
Nifty and Sensex hit fresh lifetime highs on Friday. The gains were driven by index heavyweights HDFC Bank and Reliance Industries. The small and midcap stocks also hit record highs…
NEW DELHI: Sugar shares closed higher in the Friday’s session. Bannari Amman Sugars Ltd.(up 7.83%), KM Sugar Mills Ltd.(up 7.23%), Sakthi Sugars Ltd.(up 5.58%), DCM Shriram Industries Ltd.(up 3.68%), Ponni…
New Delhi: Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction. SAIF Partners,…
NEW DELHI: The Nifty Realty index closed on a positive note on Thursday. Shares of Macrotech Developers Ltd.(up 4.9 per cent), Sobha Ltd.(up 4.84 per cent), Godrej Properties Ltd.(up 3.51…
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-point…
NEW DELHI: HDFC Bank(Rs. 3097.23 crore), ICICI Bank(Rs. 1806.73 crore), Tata Motors(Rs. 1746.39 crore), Vodafone Idea(Rs. 1711.46 crore), RIL(Rs. 1478.96 crore), Infosys(Rs. 1428.23 crore), SBI(Rs. 1266.38 crore), Power Finance Corp.(Rs.…
Apple shares climbed 6% to a record high on Tuesday, a day after unveiling new artificial intelligence features meant to increase the appeal of its devices, including the iPhone. The…
NEW DELHI: The Nifty Auto index closed on a positive note on Tuesday. Shares of Ashok Leyland Ltd.(up 2.83 per cent), Tata Motors Ltd.(up 1.79 per cent), Bharat Forge Ltd.(up…
The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for…
Shares of Andhra Pradesh-based companies continued their rally at the bourses even as the headline indices remained muted on Monday. The surge, which started since Chandrababu Naidu’s thumping victory in…
Benchmark equity indices, Nifty50 and Sensex, closed at record highs on Friday, erasing election day-related losses, on political continuity and a projection of faster economic growth. The NSE Nifty50 ended…
You are here: ET Home» 404 page 404 ERROR You can search EconomicTimes.com for similar content, browse our most read articles, or go to our Home Page Last updated on…
Nvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches $3 trillion. Huang hit another milestone on Friday,…
Before elections, Modi had announced almost Rs 9-10 lakh crores of infra projects. Now what is happening is that if we have seen that if he can do that in…
The world’s largest private equity fund Blackstone may sell up to a 15% stake in the IT major Mphasis for an estimated value of Rs 6,697 crore ($803 million) through…
NEW DELHI: Power shares closed higher in the Friday’s session. Kalpataru Projects International Ltd.(up 6.87%), Gujarat Industries Power Company Ltd.(up 6.41%), Voltamp Transformers Ltd.(up 5.11%), GE T&D India Ltd.(up 5.00%),…
European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after the European Central Bank cut lending rates for the first…
NEW DELHI: The Nifty Pharma index closed on a negative note on Thursday. Shares of Biocon Ltd.(up 9.01 per cent), Granules India Ltd.(up 6.28 per cent), Glenmark Pharmaceuticals Ltd.(up 2.23…
Mumbai: TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief…
NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Wednesday even as equity benchmark BSE Sensex traded 2303.19 points up at 74382.24 amid brisk…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of…
NEW DELHI: FMCG shares closed lower in the Tuesday’s session. Heritage Foods Ltd.(up 6.77%), Dabur India Ltd.(up 6.14%), Hindustan Unilever Ltd.(up 5.96%), Colgate-Palmolive(India)Ltd.(up 4.57%), Marico Ltd.(up 3.45%), Godrej Consumer Products…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of…
NEW DELHI: The Nifty Pharma index closed on a positive note on Monday. Shares of Granules India Ltd.(up 5.41 per cent), Aurobindo Pharma Ltd.(up 3.52 per cent), Zydus Lifesciences Ltd.(up…
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies…
Ahead of the much-anticipated outcome of the Lok Sabha election results, the FII long-short ratio stands at a multi-year high of 87% shorts in the index futures, coupled with heavy…
As exit poll results predict a hat-trick for Prime Minister Narendra Modi in Lok Sabha, the stock market looks poised for a rally on Monday as Nifty bulls are screaming…
Jun 01, 2024, 03:04:36 PM IST 1/5 Election and markets The outcome of the Lok Sabha elections would be known on June 4 wherein investors would be keenly watching how…
MUMBAI: The government did not raise any funds through the first sovereign green bond auction of the current financial year as the Reserve Bank of India – the Centre’s debt…
Global investors poured $3.6 billion into investment grade corporate bond funds in the week to Wednesday, Bank of America said on Friday, in the 31st straight week of inflows, the…
Apollo Hospitals on Thursday reported a 76% year-on-year (YoY) jump in net profit to Rs 254 crore in Q4FY24, led by growth across the hospital, diagnostics, speciality and pharmacies businesses.…
Mark Mobius said Chinese shares are “looking good” as the recent rebound signals confidence, reversing a call he made in April for investors to avoid them. The 87-year-old money manager…
Kolkata: Aadhar Housing Finance, which got listed a fortnight back, on Wednesday reported a 43% year-on-year jump in net profit for the March quarter to Rs 202 crore against Rs…
Global investors’ holdings of equity derivatives in India have risen to a record days before the nation’s elections end, as signs emerge that they’re growing more confident about the likely…
Birla Group Holdings Private Limited (BGHPL), a promoter of Grasim Industries, has raised its stake by 4.09% in the company according to an exchange filing by the company on Tuesday.…
State-owned RITES Ltd on Tuesday reported a marginal fall of 1.59 per cent in its consolidated net profit to Rs 136.67 crore for the March quarter on account of fall…
Gold prices jumped 1% on Monday after a two-week low hit in the previous session as investors assessed diminishing bets of U.S. interest rate cuts ahead of a key inflation…
DCM Shriram Industries on Monday posted a 23 per cent rise in consolidated net profit at Rs 38.64 crore for the fourth quarter of the 2023-24 fiscal from a year…
Indian blue-chip equity indices ended flat on Friday, but logged their best week since early February, led by gains in financials and metal stocks. The benchmark NSE Nifty 50 and…
Target Price: Rs 600Stop Loss: Rs 526 On a weekly time frame, Hindustan Petroleum Corporation Ltd has given a breakout of the Pennant Pattern on the upside forming a continuation…
Gold recorded its worst weekly slump this year in the week ending May 24 on hawkish FOMC minutes and robust US PMIs. Now, markets largely look for just one rate…
Weekly Winners Over the weekend ending May 24, the Indian stock markets posted decent weekly gains. During this market upswing, several penny stocks saw good increases. ETMarkets identified six penny…
Workday shares dropped more than 13% on Friday, after the human resources software provider pared back its annual subscription revenue forecast as economic uncertainty and slower hiring hurt demand for…
Dhwani Patel, Founder, Finversify, says the market is getting broad-based as we are either seeing sector-specific buying or we are seeing the whole market overall, even the midcap and smallcap…
Britain’s National Grid plans to raise about 7 billion pounds ($8.9 billion) in the largest UK rights issue since 2009 as it gears up to invest 60 billion pounds in…
SN Goel, CMD, IEX, says this year, demand will continue to be high and the coal supply situation is better. Imported coal prices are down. Gas prices are also down…
Grasim, a part of the Aditya Birla Group, on Wednesday reported 39% growth in its consolidated net profit to Rs 1,908 crore for the quarter ended March 2024, excluding exceptional…
Leading pharma player Sun Pharma on Wednesday reported a net profit of Rs 2,654 crore for the quarter ended March 2024. This was up 34% from Rs 1,984 crore reported…
New Delhi, Co-working space operator Awfis Space Solutions Ltd on Tuesday said it has mobilised a little over Rs 268 crore from anchor investors a day before its initial share-sale…
The Board of Vodafone Idea approved the allotment of equity shares to the promoter AB Group on a preferential basis. The price at which the shares will be issued is…
Indian shares closed marginally higher in a special session conducted on Saturday for stock exchanges to test a failsafe system for equity trading. Indian equities traded in two special sessions…
New Delhi, Global Health, which operates hospitals under the Medanta brand, has reported a 25 per cent increase in its consolidated profit after tax at Rs 127 crore for the…
From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time…
New Delhi: Eight of the top-10 most valued firms added Rs 1,47,935.19 crore in market valuation last week, with Life Insurance Corporation of India (LIC) and Reliance Industries emerging as…
New Delhi: Cautioning against household savings getting invested in futures and options trade, Chief Economic Advisor V Anantha Nageswaran on Saturday said there is a need to reconsider sachetisation of…
Nifty ended Saturday’s small and special trading session 36 points higher to close above 22,500 for the first time in several days. However, a small bodied candle on the daily…
New Delhi: TV Today Network Ltd on Friday reported a nearly two-fold rise in consolidated net profit to Rs 11.46 crore in the March quarter on the back of higher…
Mahender Chhabra, CFO & Anurag Gahlot, COO, Motherson Sumi Wiring, in conversation with ET Now. Gaholot says Motherson Sumi Wiring finds the market very interesting and expects very good growth…
NEW YORK: Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday holding U.S. central bank policy at current levels will help get still-high inflation back to the 2%…
“Currently, the India VIX is at around 20.5 and it made a high somewhere closer to 22. So, having seen more than 100% rally in 10 trading sessions, I feel…
New Delhi: Indian electronics manufacturing services provider Dixon Technologies posted a 20% on-year rise in net profit, on the back of a surge in mobile phone orders. For the January-March…
Open interest indicates that bulls are likely to dominate the following counters. In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first…
MUMBAI – Shree Cement’s net profit rose by more than a fifth in the March quarter helped by sales volume growing by 8% to 9.53 million tonnes, while operating profit…
NEW DELHI: Shares of Lupin Ltd. traded 2.79 per cent down in Tuesday’s trade at 02:00PM (IST). Around 42,243 shares changed hands on the counter. The stock opened at Rs…
Mumbai: Shapoorji Pallonji Group company Goswami Infratech has approached bond investors to tweak a debt covenant to avoid a higher interest outgo. In mid-2023, Goswami Infratech raised Rs14,300 crore zero…
In Monday’s trading session, the following five stocks witnessed a build of fresh short positions. Let us first understand how this conclusion is reached whether the stock has seen a…
After a bumper response for the IPO, TBO Tek is likely to finalise the share allotment on Monday. The issue was booked over 80 times at close on strong interest…
Ahead of the issue opening, the company raised nearly Rs 549 crore from anchor investors. The shares of Indegene will list on the exchanges on Monday and the unlisted market…
Waaree Renewable Technologies has posted over four-fold jump in consolidated net profit after tax at Rs 54.18 crore for March quarter FY24 on the back of higher revenues. It had…
Mumbai: Electrification and automation major ABB India on Friday reported an over 87% rise in its net profit at Rs 460 crore in the March 2024 quarter, on the back…
New Delhi: Great Eastern Shipping Company on Friday reported a 25.37 per cent growth in consolidated profit after tax (PAT) to Rs 905.08 crore during the March quarter. The company’s…
Paytm shares rallied over 10% in the past two trading sessions, hitting the upper circuit on both days after the stock fell to its all-time low of Rs 310 on…
New Delhi: Debt-ridden telco Vodafone Idea shareholders have approved a proposal to raise its authorised share capital to Rs 1 lakh crore and issue equity shares on a preferential basis…
Shares of Tube Investments of India Ltd. rose 2.37 per cent to Rs 3900.0 in Thursday’s trade. It hit an intraday high of Rs 3995.15 and low of Rs 3900.0,…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of…
Share price of DLF Ltd. gained 0.54 per cent to Rs 861.55 at 01:28PM (IST) in Wednesday’s trade. The stock hit a high of Rs 862.55 and low of Rs…
New York: Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company’s India business resulted…
Shares of the MphasiS Ltd. traded at Rs 2259.9 on BSE at 01:08PM (IST) on Tuesday, down 1.69 per cent. The stock quoted a 52-week low price of Rs 1807.0…
Blue-chip Nifty 50 closed lower on Monday, weighed down by a slide in state-run banks on fears that newly proposed rules would likely weigh on their profits. The Nifty 50…
Share price of InterGlobe Aviation Ltd. dropped 0.84 per cent to Rs 3985.0 at 01:13PM (IST) in Monday’s trade. The stock hit a high of Rs 4079.9 and low of…
Indian shares declined on Friday, as profit booking emerged after the Nifty 50 scaled a record high, trimming weekly gains for the blue-chip indices The blue-chip Nifty 50 fell 0.8%…
The combined market valuation of six of the top-10 most valued firms declined by Rs 68,417.14 crore in a holiday-shortened last week, with Bharti Airtel and Reliance Industries taking the…
OMAHA: Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger while outlining the expanded roles of the executives…
Private sector lender Kotak Mahindra Bank on Saturday reported 18.22% year-on-year (YoY) increase in its standalone profit for the quarter ended March 2024 to Rs 4,133.30 crore while its net…
Welcome to a fresh episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into…
Shares of Pidilite Industries Ltd. fell 0.89 per cent to Rs 2962.05 in Friday’s session as of 12:58PM (IST) even as the equity benchmark Sensex traded 934.23 points lower at…
New Delhi, Ajanta Pharma on Thursday said its consolidated net profit increased 66 per cent to Rs 203 crore in the March quarter, aided by robust sales across domestic and…
Shares of Tube Investments of India Ltd. traded 1.2 per cent up at Rs 3787.4 at 12:53PM (IST) on Thursday, even as BSE benchmark Sensex gained 212.17 points to 74694.95.…
MUMBAI – Adani Power’s consolidated sales volume surged 55% on year to 22.1 billion units in the March quarter, but profit slipped year-on-year because of a deferred tax credit boosting…
The family of 127-year-old Godrej Group, which has both the listed and unlisted entities, decided to split the conglomerate and operate as two entities — Godrej Enterprises and Godrej Industries.…
Mumbai: The board of the Securities and Exchange Board of India (Sebi) on Tuesday approved a proposal to increase participation from non-resident Indians (NRIs) and Overseas citizens of India (OCIs)…
The share price of MphasiS Ltd. gained 0.19 per cent to Rs 2347.75 at 12:53PM (IST) in Tuesday’s trade. The counter has hit a high of Rs 2371.15 and low…
Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto market. The…
The share price of Cholamandalam Investment & Finance Company Ltd. dropped 0.54 per cent to Rs 1165.8 at 12:48PM (IST) in Monday’s trade. The stock has hit a high of…
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said…
When facts change, I change my mind. What do you do sir? – Lord Maynard Keynes. But what do you do when information swings like a pendulum that has lost…
IDFC First Bank today reported a net profit of Rs 724.35 crore for the quarter ended March 31 which was down from Rs 802.62 crore reported by the lender in…
Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. Its net profit stood at…
FRANKFURT: Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in…
Shares of ICICI Lombard General Insurance Company Ltd. traded 0.05 per cent higher in Friday’s session at 12:32PM (IST). The stock opened at Rs 1704.8 and has touched an intraday…
Hello and welcome to a brand-new episode of ET MARKET WATCH – your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let’s hear the top highlights of…
Share price of Voltas Ltd. dropped 0.21 per cent to Rs 1410.9 at 12:32PM (IST) in Thursday’s trade. The counter hit a high of Rs 1429.05 and low of Rs…
Hong Kong-listed spot bitcoin and ether exchange traded funds aim to start trading on April 30, three asset managers that provide the products said on Wednesday. The financial hub is…
“The customer has switched on for EV. Now, I may not buy an EV when I am going for a purchase of a two-wheeler, but I am definitely considering it.…
Spotify Technology SA shares surged the most in almost two years after the audio-streaming giant reported it swung to a profit in the first quarter, as the company boosted subscribers…
Shares of Cholamandalam Investment & Finance Company Ltd. traded 0.71 per cent higher in Tuesday’s session at 12:27PM (IST). The stock opened at Rs 1140.75 and has touched an intraday…
Reliance Retail Ventures Ltd (RRVL), the holding company for Reliance’s entire retail and newly launched FMCG businesses, reported a 9.8% year-on-year jump in its consolidated revenue from operations for the…
Shares of the Indian Railway Catering & Tourism Corporation Ltd. traded at Rs 1004.0 on BSE at 12:12PM (IST) on Monday, up 1.2 per cent. The stock quoted a 52-week…
Indian benchmark equity indices defied global weakness to close higher on Friday, boosted by HDFC Bank, although the gains were not enough to prevent their first weekly loss in five…