By Malvika Gurung Investing.com — Shares of the IT major Wipro (NS:) tumbled on Thursday and hit a 52-week low after the company released its Sept quarter’s earnings results. At the time of writing, they were trading 7% lower at Rs 379.45 apiece and the stock was the worst performer on . The IT heavyweight missed …
Worst Nifty50 Performer: IT Heavyweight Tanks 7%, Hits 52-Wk Low Post Q2 Results Read More »
By Malvika Gurung Investing.com — The domestic market witnessed sell-offs for the third consecutive session on Tuesday as benchmark indices fell sharply and broader market indices underperformed. Indian equity benchmark gauges tanked 1.5%, slipping under the 17,000 mark to 16,983.55 and declined 843.8 points or 1.46% on Tuesday, following weak global cues amid rising concerns about …
Torrid Tuesday, Nifty50 Below 17K: What Pulled Street Lower? All Sectors in Red Read More »
By Malvika Gurung Investing.com — Tata Consultancy Services (NS:): The largest IT company in India posted an 8.4% YoY uptick in Q2FY23 at Rs 10,431 crore, surpassing the Rs 10,000 crore quarterly net profit mark for the first time and revenue grew 18% YoY to Rs 55,309 crore. Its board announced a dividend of Rs …
Some Nifty50 Stocks Under Radar Today: TCS, Infosys, Adani Ports & More Read More »
By Malvika Gurung Investing.com — Tata Consultancy Services (NS:) The country’s largest IT company will kick off the Sept 2022 ending quarterly earnings season on Monday and investors are keenly awaiting the figures. Most brokerages expect the software bellwether to report solid performance in the quarter with revenue rising from 3-5% QoQ and consolidated net …
Monday Radar: These 2 Tata Heavyweights Are Most Active Stocks on Nifty50 Read More »
By Malvika Gurung Investing.com — The domestic market ended the holiday-shortened week on a positive note with benchmark indices and surging almost 1.3%, while closing Oct 7 marginally lower. The headline index Nifty has managed to hold the key psychological level of 17,000 in October, with market experts witnessing the formation of a small-bodied bullish …
Before Market Opens: Trade Module & Key Nifty50, Nifty Bank Levels by Experts Read More »
By Malvika Gurung Investing.com — Shares of the private sector lender IndusInd Bank (NS:) zoomed almost 6% in a strong market on Tuesday and were last seen trading 5.2% higher at Rs 1,216.05 apiece, approaching their 52-week high of Rs 1275.8 apiece. The Mumbai-based lender was the top gainer on a shining index. The bank’s shares …
Nifty50 Top Gainer: IndusInd Bank’s Q2 Update Zooms Shares Over 5% Read More »
By Malvika Gurung Investing.com — Shares of the state-owned oil manufacturing companies like ONGC (NS:), Oil India (NS:) and Bharat Petroleum (NS:) jumped almost 6% on Monday, as windfall profit taxes and export duties on diesel and ATF were revised over the weekend by the Centre at its sixth fortnightly review. The Government made revisions …
India’s Largest Oil Company Becomes Top Nifty50 Gainer, Trumps Benchmarks Read More »
By Malvika Gurung Investing.com — The flagship company of Adani (NS:) Group, Adani Enterprises (NS:) will make its way into one of the most-tracked benchmark equity indices Nifty50 from Friday, Sept 30, as part of NSE’s semi-annual rejig. According to a National Stock Exchange (NSE) announcement earlier this month, Adani Enterprises will join the elite …
NSE Indices Rejig on Sept 30: Hefty Inflows Likely in Nifty50, Nifty Bank & More Read More »
By Malvika Gurung Investing.com — Shares of the microcap company Orient Tradelink (BO:) operating in the Media & Entertainment sector, rallied 10% to Rs 9.9 apiece on Monday, wildly outperforming the equity benchmark indices and , up about 0.7% at the time of writing. The country’s largest literature technology platform StoryMirror Infotech has signed a mega …
Micro-Cap Stock Trumps Nifty50, Sensex, Soars 10% on Mega Deal: Details Read More »
