Shares of Tech Mahindra rallied nearly 9% on Wednesday to become the best performer on Nifty50 this year, after the company posted a better-than-expected net profit for the quarter ended September 2018.
The Indian equity markets have eroded nearly a quarter of their value in dollar terms so far in 2018, as factors such as volatility in the global market, a rout in emerging market currencies and weak corporate earnings have d
Amid poor performances of a large number of public sector undertakings (PSUs), the combined value of shares held by the government has declined to a record low of 9% during the quarter ended September 2018.
The Sensex on Thursday saw its biggest single-day fall since February 5, while the broader Nifty posted its worst one-day drop in nearly two years as investors remained concerned about a weakening rupee and rising crude oil p
The broader market continues to do badly with just five stocks — Tata Consultancy Services, Infosys, HDFC Bank, Reliance Industries and ITC — having between them contributed over 80% of the Nifty’s gains of 940 points i
Despite the Nifty50 having hit record highs four times in August already, the 8.7% gain in 2018 so far hasn’t translated into big gains for most of the companies in the market as only a handful of index members have been ab
The Nifty indices for small- and mid-cap stocks clocked gains for a 12th consecutive day on Monday and yielded returns of 8.9% and 7.3%, respectively during the period as investors lapped up beaten-down stocks from the two ca
With close to 80% of the broader market in the red, very few investors are cheering the Sensex’s record high levels reached on Monday. At 36,718.60 points, the benchmark index has stayed flat in dollar terms since January w