Indian primary market is witnessing unprecedented euphoria among investors as a record number of IPOs get launched and are overwhelmingly oversubscribed by all categories of investors. More than 15 IPOs in India have seen gro
Techies, who have ironically been caught at the receiving end of technology and are fighting to avoid getting laid off, have received backing from the government in Karnataka with IT Minister Priyank Kharge planning to meet t
Attempts at reviving RCom, the most-leveraged Indian telecom service provider, have started gathering pace with the lenders of the company, under the aegis of SBI, working on a plan to rejig the debt of the beleaguered teleco
The share price of Mahindra and Mahindra (M&M) rose 4.97% intraday on the BSE to Rs 1,429.80 on the back of positive outlook for the company's tractor and utility vehicle segment. Sharekhan maintained its 'BUY' rating on the
Indian benchmark indices opened flat after a muted handover from Wall Street and negative cues from the Asian markets, even as investors wait for the macroeconomic data that will be released after market hours today.
In the past 1 year, the Pharma index has disappointed with negative returns of 21.6% while the Nifty has returned 17.4%. Despite a collective dismal showing by the pharmaceutical sector, Angel Broking is bullish on it as it b
Yesterday the stock price of the engineering giant rose 1.27% to Rs 1,810 making a fresh 52-week high, after the company reported a 28% on-year basis growth in consolidated net profit for the fourth fiscal quarter of the Fina
Extending their stupendous run, the Indian benchmark indices today managed to hold on to their own in a choppy session of trade. The NSE Nifty managed to close above the 9600-mark while the BSE Sensex closed above the 31,150
The NSE Nifty ended above the 9600-mark the first time ever while the BSE Sensex closed above the 31,100 level. Buying in heavyweight stocks, as well as key FMCG and consumer durables, kept the upside going.
Shares of Videocon Industries fell for the sixth straight day even as the BSE revised circuit limits for the consumer electronics company. BSE had on Friday changed the circuit limits to 5% from 10%. These new limits are appl
Share prices of Tech Mahindra Ltd tanked as much as 16.9% on the NSE in the opening minutes of trade to hit an intraday low of Rs 356.65. This sharp fall in stock price came after the company announced results for Q4FY17 afte
Shares of ITC rose 4.58 percent to hit a new 52-week high of Rs 313.80 as the diversified consumer company posted a 12.13 percent year-on-year growth in standalone net profit to Rs 2,669.47 crore for the quarter ended March 3
Automobile major Tata Motors Ltd's financial results for the fourth fiscal quarter of 2017 (Q4 FY17) due Tuesday are expected to be weighed down by a hit in the Q3 sales even as its luxury unit Jaguar Land Rover is likely to
Shares of State-run Gail (India) Ltd fell over 6.6% today to Rs 365.30, their lowest level since 14 February, on the back of a 69% year-on-year (YoY) decline in its net profit for Q4FY17, to Rs 260 crore from Rs 832 crore.
Indian markets today opened in the negative as investors remained cautious over the bomb blast at a pop concert in Manchester. BSE Sensex opened 17.08 points lower at 30,553.89 points while NSE Nifty, the broader gauge, opene
The Nifty is likely to open higher on Tuesday tracking positive closing on Wall Street. At 8:44 am, Nifty futures on the Singapore Stock Exchange were trading 30 points higher at 9,479 indicating a positive opening for the do
Commerce & Industries Minister Nirmala Sitharaman has asked the Indian IT professionals not to panic as the number of visas they currently get, will not decline as only the selection for such visas is getting tougher, but the
After ending Friday's volatile session on a flat note, Indian markets today opened on a strong positive note today as GST rates announced last week continue to boost investor sentiment and the impact of uncertainty over Donal
Indian benchmark indices were under pressure for the second consecutive day today in a volatile session. FMCG sector stocks were in focus today as the GST council approved tax rates for various products on Thursday.
After falling sharply yesterday, Indian markets opened on a strong positive note today as GST rates announced yesterday boosted investor sentiment and the impact of uncertainty over Donald Trump's future seemed short lived.
As the number of Indian IT employees that may reportedly be laid off grows, NASSCOM has sought to assure that things are well in the IT industry but former McKinsey boss Rajat Gupta has said that the Indian IT industry should