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IRCTC Shares Surge on Catering Policy Change | Stock Market News

IRCTC Shares Surge on Catering Policy Change | Stock Market News

Tue, Nov 21, 2023

The stock of state-run IRCTC has surged after the Railways Ministry announced certain changes to its catering policy. The new policy will allow IRCTC to go for long-term tenders for a period of seven years, subject to satisfactory performance in the initial five years. This is expected to boost IRCTC's revenues and profits.

Market Today: Nifty gains for 3rd day but fails to hold 11,700

Market Today: Nifty gains for 3rd day but fails to hold 11,700

Wed, Jul 17, 2019

Benchmark indices continued to gain for third consecutive session with the Nifty reclaiming 11,700 level intraday, driven by banks, FMCG and IT stocks.

From one FAANG to another: Jeff Bezos' Amazon creates this big opportunity for Indian FAANG stocks - Here's how

From one FAANG to another: Jeff Bezos' Amazon creates this big opportunity for Indian FAANG stocks - Here's how

Thu, Jun 13, 2019

India also has its own list of FAANG stocks including IT-majors like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies and Tech Mahindra.

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FMCG and IT shares in pressure, Indian market trades in range on last day of FY 2016-17

FMCG and IT shares in pressure, Indian market trades in range on last day of FY 2016-17

Fri, Mar 31, 2017

FMCG and IT shares in pressure, Indian market trades in range on last day of FY 2016-17. Watch complete news story of Headlines @ 2:30 PM for getting the detailed news updates!

Mutual Fund's exposure to bank stocks hit record Rs 1.16 lakh crore in Jan

Mutual Fund's exposure to bank stocks hit record Rs 1.16 lakh crore in Jan

Sun, Feb 26, 2017

"We could be getting close to the bottom of the NPAs (non-performing assets) cycle, valuations were not that expensive, hence funds could have preferred buying into the sector," Quantum Mutual Fund Associate Fund Manager Equity Nilesh Shetty said.

Sensex rallies 290 points, NSE up 54 points post Budget 2017

Sensex rallies 290 points, NSE up 54 points post Budget 2017

Wed, Feb 01, 2017

Investors cheered as Sensex and Nifty rose after the FM Arun Jaitely announced India's Union Budget 2017-18. At 1.19 pm, Sensex was trading at 27,879.65, up 223.69 points or 0.81%. It crossed 27,983-mark. While Nifty was trading at 8630.45, rising by 53.60 points or 0.63%.

IT stocks shrug uncertainties over Trump's H1-B curbs

IT stocks shrug uncertainties over Trump's H1-B curbs

Thu, Jan 12, 2017

A PTI report on Thursday said, “US President-elect Donald Trump's nominee for the post of Attorney General has assured lawmakers of taking steps towards pushing legislative measures to curb misuse of H-1B and L1 work visas significantly used by Indian IT professionals.”

IT stocks slump 4% on concerns over H1-B visa

IT stocks slump 4% on concerns over H1-B visa

Fri, Jan 06, 2017

IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

Indian IT sector slumps as fears of Donald Trump's victory comes true

Indian IT sector slumps as fears of Donald Trump's victory comes true

Wed, Nov 09, 2016

As Republican Nominee Donald Trump was elected as the 45th US President, Indian IT stocks reacted adversely as it meant more uncertain times for the sector is closely connected with the US market.

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