As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said
Major risks to the operating model of the logistics player include its heavy reliance on e-commerce, despite diversifying into other industry verticals, analysts say
The company in a blog stated that its restructuring Supr Daily and the services will be suspended in five cities, it also said that Swiggy Genie will be temporarily suspended in 3 cities.
Vi registers 7.5% sequential growth in its ARPU at Rs 124 aided by tariff hike in November
Trai leaves it to DoT to decide on the validity of spectrum assignment, deferment of auction in 27.5 GHz - 28.5 GHz band and quantum of spectrum to be reserved for BSNL/MTNL
Musk says Twitter's decision to permanently ban former US President Donald Trump 'not correct'
All eyes on US CPI data on Wednesday; Peloton slumps as CEO says business 'thinly capitalized'
The BSE Midcap and Smallcap indices ended with heavy losses of over 2 per cent each. Debutant Rainbow Children's Medicare ended a steep discount of 17 per cent to its issue price.
With the recent fall, the stock has corrected 24 per cent from its 52-week high level of Rs 1,534.60 that it had touched on August 16, 2021.
Vijay Shekhar Sharma, however, warned Musk about the challenges of building full-self driven cars on Indian roads because of running into the risk of 'most unruly road users'
Shares of Kohinoor Foods were locked in upper circuit for the 21 straight trading days, up 5 per cent at Rs 21.30 on the BSE.
In the past five days, the stock has fallen over 5 per cent. In comparison, the S&P BSE Sensex declined 3.75 per cent during the same period
The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon predictions, rural demand can improve in H2FY23.
The metal index on the NSE has tumbled 14 per cent so far from its historic peak and continues to drift lower
Post the sharp share price rally since listing, brokerage firm JPMorgan find the stock's risk-reward unattractive. Analysts have downgraded their stance to 'underweight' with a target price of Rs 525.
The stock has been under pressure despite the company clarifying that there is no adverse impact on the business of the company due to the ED seizure of assets of Chinese mobile manufacturing company
The stock listed at Rs 506, a 7% discount when compared with its issue price of Rs 542 per share on the BSE.
Stocks to Watch Today: Asian Paints, Cipla, Gujarat Gas and Vodafone Idea will be in focus ahead of the Q4 results on Tuesday, May 10, 2022.
According to the technical analyst from Anand Rathi, one can accumulate Axis Bank in the range of Rs 663 - 657 with a stop at Rs 630.
While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good interest from a medium-to-long term
LIVE news updates: Prime Minister Mahinda Rajapaksa's resignation came hours after clashes broke out in Colombo
Stocks to Watch Today: LIC IPO closes for subscription today; Campus Activewear to make its debut on the bourses on Monday.
The broader markets ended with deeper losses, with both the BSE Midcap and Smallcap indices down over 1.5 per cent each; the breadth too at 2:1 was in favour of the bears.
Shareholders of Mindtree will receive 73 shares of LTI in exchange for 100 shares in the former.
Market participants should avoid bottom fishing at the these counters and wait for a fresh trend to emerge.
The company received approval for merger of Coastal Gujarat Power Limited (CGPL) into Tata Power and signed binding agreement for investment in India's most comprehensive renewable energy platform.
In the past six months, the stock has underperformed the market by falling 26 per cent as compared to a 10 per cent decline in the S&P BSE Sensex.
At the current levels, the stock trades 10 per lower from its historic peak of Rs 2,858.15 hit on April 29, 2022
Analysts believe that increased traction in exports and services coupled with strong execution drove ABB's strong performance across segments.
The hawkish stance of the US Federal Reserve has resulted in the hardening of the US bond yields with the dollar index strengthened to 20 year high
The MCX Silver July futures are currently trading below all its key moving averages; similarly, MCX Gold futures need to break above Rs 51,870 for further up move to emerge.
The stock opened at Rs 355, 22 per cent higher against issue price of Rs 292 on the BSE.
RIL reported a consolidated net profit of Rs 16,203 crore for Q4FY22, up 22.5 per cent over the year-ago period's Rs 13,227 crore but slightly short of expectations.
For all the latest news and developments from across the globe, stay tuned
The portion of LIC's initial public offering earmarked for non-institutional investors, including high net-worth individuals, has been subscribed fully on the fourth day on Saturday
Double-digit BoP deficit seen in FY23, says Standard Chartered
Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent so far in calendar year 2022 (CY22)
Given the macro headwinds - the need to tighten monetary policy combined with the risk of a much higher oil price, are the key reasons Wood has been in no hurry to add to the 'overweight' position
The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.
Zomato (down 6 per cent to Rs 57.65) and Policybazaar (down 5 per cent to Rs 597.20) have their respective all-time lows since their stock market debut.
On April 29, 2022, the promoter, Rahul Thakkar sold 41,200 equity shares of Angel One via open market sale.
Record-high inflation levels, dented prospects of corporate profitability and likelihood of contraction in economic growth continue to batter equities.
The EBITDA margin declined by 268 bps YoY to 9.8 per cent on account of higher raw material cost and delay in price hikes.
ITC will announce its Q4 results and declare final dividend on May 18, 2022.
According to analysts, IT companies have lost their sheen after March quarter results highlighted slowdown in deal momentum, and margin pressure
The company has given a tepid guidance of 1-3% QoQ CC terms growth in Q1FY23, which translates into revenues of $2,748 million to $280 million
Shares of Reliance Industries, Canara Bank, Sundaram-Clayton, Tata Power Company, CSB Bank, Federal Bank will be in focus ahead of their Q4 results.
The derivative analyst from HDFC Securities recommends buying Infy 1,600 Call and simultaneously selling 1,640 Call for the May expiry.
Sees participation from 3.6 mn individual investors; policyholders lead
CLOSING BELL: Around 3:30 PM, the mega IPO of Life Insurance Corporation (LIC) was subscribed 91 per cent with policyholders' quota seeing a subscription of 2.79 times