Author: Stocks

While Tata Consultancy Services (TCS), HDFC Bank, Infosys, HDFC, ICICI Bank and State Bank of India saw gains in their market valuation, Reliance Industries, Hindustan Unilever Limited, Bajaj Finance and Kotak Mahindra Bank witnessed a decline in their market capitalisation (mcap). Disruptions in business activities caused by the second wave of the pandemic may bring […]

The share touched a 52-week high of Rs 90.70 and a 52-week low of Rs 16.00 on 07 June, 2021 and 20 August, 2020, respectively. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url […]

File image: World Trade Organization (WTO) global headquarters in Geneva, Switzerland India’s proposal to waive off certain Intellectual Property Rights (IPR) of COVID-19 vaccine manufacturers to boost the availability of the vaccine is seeing slow progress at the World Trade Organization (WTO) as talks continue. Sources say the two latest meetings of the WTO Council […]

CARE has upgraded long term credit rating on the company to AA+ from AA and the outlook to stable from negative. Brokerage firm ICICI Direct has a buy call on the stock with target of Rs 1,500 per share. Representative Image. Courtesy : Reuters ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

Bharat Dynamics Limited has signed a contract worth about Rs 499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force (IAF). Bharat Dynamics | The company has signed a contract worth about Rs 499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to […]

We see strong tailwind for this technology bellwether and this should translate into steady predictable earnings growth. TCS is a core portfolio stock to be added in the current weak phase PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but […]

Revenue from operations grew by 3.9 percent sequentially to Rs 45,411 crore in the quarter ended June 2021, and the year-on-year growth was a massive 18.5 percent. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; […]

A round-up of the biggest articles from newspapers. SEBI panel recommends higher sweat equity for new-age firms A seven-member committee appointed by the SEBI has proposed relaxations in the quantum of sweat equity that can be issued by firms listed on the Innovators Growth Platform, Business Standard reports. Why it’s important: It’s a public market […]

Stocks in the news: Check out the companies making the biggest headlines before the opening bell. Results on July 9 | Delta Corp, Excel Realty N Infra, Integrated Capital Services, K&R Rail Engineering, Madhucon Projects, Mapro Industries, Metalyst Forgings, Pil Italica Lifestyle, Suryavanshi Spinning Mills, Valencia Nutrition, and Vikas Lifecare will release quarterly earnings on […]

US treasuries led a broad-based bond rally on Thursday as concerns over the strength of the economic recovery picked up and inflation fears ebbed, with stocks lower across the globe. The fresh burst in pessimism continued a pattern set earlier in the week and comes as central bankers juggle concerns about the pace of economic […]

Oil prices fell for a third day on Thursday amid uncertainty about supplies after the collapse of OPEC+ talks this week raised the possibility that their deal to curb output could fall apart. Brent crude oil futures were down 35 cents, or 0.4%, at $ 73.08 a barrel by 1355 GMT and U.S. West Texas […]

Reuters The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($ 1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed. The case, separate to the so-called ‘Dieselgate’ scandal over software designed to cheat on vehicle emissions tests, sets a precedent by […]

Vistra ITCL India has sold 3.28 lakh equity shares in Walchandnagar Industries at Rs 73.18 per share on the NSE. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, […]

Representative image Private equity investment inflows to domestic firms soared two-fold in the first half of 2021 to $ 11.82 billion over the year-ago period when the whole world was under lockdowns due to the first wave of the killer virus, show industry data. Fund inflows jumped over 77 percent in the second quarter of […]

Standalone health insurers led the growth showing a 55.5 percent rise in gross direct premium to Rs 4,222.75 crore for the April to June period. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url […]

The stock plunge followed a series of actions taken by government agencies in Beijing, where top policymakers went after Chinese companies that, like Didi, list their shares on exchanges overseas New York Times July 08, 2021 / 05:55 PM IST Raymond Zhong and Peter Eavis In the paperwork Didi filed before its initial public […]

All the sectoral indices ended in the red. BSE midcap index fell 0.3 percent, while smallcap ended flat. Benchmark indices erased previous session gains and ended nearly a percent lower dragged by the bank, metal and pharma names. At close, the Sensex was down 485.82 points or 0.92 percent at 52568.94, and the Nifty was down […]

‘There’s a lot of fear right now. It’s a sell-first-and-ask-questions-later approach,’ said Dave Wang, portfolio manager at Nuvest Capital. Reuters July 08, 2021 / 04:17 PM IST Shares of Didi Global Inc dropped for the fourth day in early deals on Thursday, along with other tech giants, on fears of a fallout from China’s increased […]