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HSBC SHARES PLUNGE
Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% ami...- HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
- HCL Tech shares tank over 9% after weak Q4. JPMorgan, HSBC & 3 others cut target priceHCL Tech shares fell sharply after the March quarter results and FY27 guidance disappointed D-Street expectations. While Q4 profit and reve...
- Polycab India shares rise 3% after selloff as investors reassess UltraTech threatPolycab India share price: The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and c...
- HSBC slashes targets for 4 stocks after UltraTech’s entry in wires and cables. Time to cut losses?HSBC slashed target prices for top Indian wires and cables firms by up to 23%, citing competitive risks from UltraTech Cement’s unexpected ...
- HSBC's shares slide as $3 billion China bank hit mars record profitHSBC Holdings on Wednesday reported a shock $3 billion charge on its stake in a Chinese bank amid mounting bad loans in the country, sendin...
- Analysts mostly retain share price targets on TechMThe average analyst price target on Tech Mahindra by Bloomberg after the third quarter results was at ₹1,302, implying a downside of 1.67% ...
- Why bank stocks bled? Research reveals suspicious transactionsNifty Bank plunged 3.36 per cent dragged most by IndusInd Bank, which fell 8.55 per cent to Rs 560.80.
- Beaten-down multiplex stocks are good recovery bets: HSBCRetaining buy rating on both the stocks, HSBC said it sees multiplexes as an exponential growth opportunity, a phase that is still due in I...
- DMart closes below 200-DMA for first time in a year, plunges 14% in one weekThe stock closed down 6.47 per cent to Rs 2,007.80 on the BSE, about 92 points below its long-term average of Rs 2,100. The 200-DMA is cons...
- Vodafone Group pledges Voda Idea stake with 7 banksShares of Vodafone Idea plunged 7.12 per cent on the BSE on Wednesday to close at Rs 14.35 apiece.
- IRB Infra tanks 2% as CBI chargesheets CMD Virendra MhaiskarThe case was initiated in 2009 by RTI activist Satish Shetty, who was murdered in January 2010.
- HSBC sees Sensex hitting 30,100 by December-end; top 10 stocks to bet onEven though the Sensex might have lost over 700 points so far this week, analysts are still not giving hope on the India story.
- Brokerages cut target price of ITC after excise duty hike on cigarettes in Budget 2015Investors have dumped shares of cigarette-to-consumer goods maker ITC in the last two trading days after the government, in the Union Budge...
- Tribhovandas Bhimji Zaveri shares tank 18% on HSBC stake saleTBZ plunged 18% in morning trade as HSBC Global Investment Funds sold 12.7 lakh shares of the jewellery retail company for about Rs 32 cror...
- Axis Bank, Yes Bank decline on buzz HSBC may sell stakeShares of Axis Bank and Yes Bank today fell by up to 3 per cent following reports that the UK-based HSBC is likely to sell stake in two pri...
- HSBC rebuffs talk of London exitHSBC insisted that it would prefer to remain headquartered in the British capital, while highlighting investor concerns about the continued...
- HSBC profits more than double to $13.16 bnMarket expectations, however, had been for total net earnings of $14.02 billion, according to Dow Jones Newswires, with the shares sufferin...
- HSBC says 1,200 staff face axe in BritainHSBC said on Wednesday it could axe up to 1,200 workers in Britain as Europe's biggest bank strengthened measures to withstand the global f...
- HK tycoons back HSBC cash grab despite stock plungeHSBC shares plunged in Hong Kong after the banking giant asked shareholders for a 17.8 bn US dollar cash boost, but tycoons and analysts in...
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