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Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead?The Indian rupee strengthened 177 paise against the US dollar in two days to 94.06 following aggressive RBI market interventions. Key steps...
IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...
Tata Elxsi shares jump 7% after Q2 results, but Morgan Stanley, Motilal Oswal reiterate bearish callsTata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year profit growth and 15% revenue growth...
Wipro Q2 Results Preview: After TCS & HCL Tech, will this IT major exceed expectations?Wipro is anticipated to report limited earnings growth for the September quarter due to various pressures. The focus will likely shift to g...
Oil Price Today (October 14): Crude oil gains to $107 as Houthis attack Saudi Aramco building in new attacks. What are experts saying?Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%,...
Hardening bond yields to weigh on bank profits in September quarterFor the September quarter, Nifty 50 banks are forecasted to see an 11.5% rise in net interest income, yet net profits are expected to grow ...
Stocks in news: Adani Enterprises, Hyundai Motor India, BHEL, BEL, Groww, Tata Elxsi and RailTelIndian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players ...
Tata Elxsi Q2 Results: Profit rises 10% YoY to Rs 170 crore; revenue grows 15%Tata Elxsi reported a 10% year-on-year rise in net profit to Rs 170 crore in Q2, while revenue from operations grew 15% to Rs 1,056 crore. ...
ICICI Prudential AMC shares rise 2% as Jefferies, other brokerages revise target prices after Q2 results. Should you buy?ICICI Prudential AMC shares rose 2% after reporting a 6% YoY net profit rise to Rs 889 crore in Q2 FY27. Major brokerages including Jefferi...
Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCONIndian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, con...
Zetwerk's Rs 5,012 crore IPO to open this week. Check price band, other detailsZetwerk Manufacturing Business has set its IPO price band at Rs 143–151 per share for its Rs 5,012.33-crore issue opening on October 15. Th...
Defence tech firm Tonbo Imaging sets IPO price band at Rs 665-700; issue to open on Oct 15Tonbo Imaging India has set a pricing band of Rs 665-700 per share ahead of its anticipated IPO. This public offering will be available for...
HCL Tech shares rise 2% ahead of IT major’s Q2 earnings announcement today. What to expect?HCL Technologies shares rose ahead of the IT major’s Q2 FY27 results, with brokerages expecting around 12% year-on-year growth in net profi...
HCL Tech Q2 Preview: Will the IT major narrow its guidance? 5 things to watch out forHCL Tech is set to announce its September quarter results on October 12, with brokerages expecting 12% year-on-year profit growth and 16% r...
Earnings Tracker: HDFC Bank, HCL Tech, Wipro among 129 companies set to report Q2 results this weekAs many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro a...
Zetwerk weighs nearly Rs 5,000 crore IPO next week: ReportZetwerk is preparing to launch an IPO as early as October 15, seeking to raise up to $525 million at a targeted valuation of $2.8 billion. ...
JM Financial tops investment banking league table in H1 FY27Domestic investment banks experienced significant success in achieving equity fundraising in HY27. JM Financial, ICICI Securities, and SBI ...
TCS shares jump 3% ahead of Q2 results. 5 things investors should watch out forTCS Share Price: According to the average of seven brokerages, TCS revenue is likely to grow about 13% YoY, while profit may rise around 9%...
TCS Q2 Results Preview: Can the IT bellwether show enough growth to calm investors?Tata Consultancy Services is scheduled to release its second-quarter results on October 8, with analysts predicting a year-on-year revenue ...
Explained: How RBI rate hike may impact Sensex, Nifty after 8-week losing streakThe Reserve Bank of India is expected to announce a 25-basis point rate hike in its upcoming meeting. Analysts assert that this rate hike h...