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Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

Fri, Jan 12, 2024

Indian IT stocks witnessed a significant jump on Friday following earnings releases from Infosys and Tata Consultancy Services (TCS) the previous day. Both companies' financial performance surpassed analyst expectations, boosting investor confidence and driving share prices higher.

Why LIC Stock Is Trading In Green Despite New GST Demands | Stock Market News

Why LIC Stock Is Trading In Green Despite New GST Demands | Stock Market News

Thu, Jan 04, 2024

Life Insurance Corporation shares rose for a second day, gaining 1% despite receiving GST demands totaling Rs 667.5 crore from three states. LIC will appeal the demands related to alleged improper Input Tax Credit claims.

LIC Shares Spotlight: PSU Insurer Granted Extension on Minimum Public Holding Compliance!

LIC Shares Spotlight: PSU Insurer Granted Extension on Minimum Public Holding Compliance!

Fri, Dec 22, 2023

Big relief to LIC from the government - Relaxation in minimum shareholding rule, how much benefit to LIC shareholders? How will be the future growth of LIC? Know complete details from Varun Dubey...

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Punjab National Bank launches up to $777 million share sale

Punjab National Bank launches up to $777 million share sale

Tue, Dec 12, 2017

India`s state-run banks are raising funds as part of a recapitalisation plan in which New Delhi will inject 1.35 trillion rupees through recapitalisation bonds.

Asian markets stall as Wall Street shares fall

Asian markets stall as Wall Street shares fall

Thu, Oct 26, 2017

US stocks fell on Wednesday on a batch of soft quarterly earnings, with the Dow Jones Industrial Average suffering its worst day in seven weeks after rising to a record peak the previous session.

Wall Street's record lifts asian markets to 10-year high

Wall Street's record lifts asian markets to 10-year high

Wed, Sep 13, 2017

Gains were kept in check, however, by a decline in shares of Apple Inc after it unveiled its newest line of iPhones.

After Axis Bank acquires Freecharge, Bajaj Finance buys stake in MobiKwik for Rs 225 crore

After Axis Bank acquires Freecharge, Bajaj Finance buys stake in MobiKwik for Rs 225 crore

Thu, Aug 03, 2017

Just a few days after Axis Bank acquired Freecharge, now NBFC Bajaj Finance has brought nearly 11% stake in another digital wallet company MobiKwik.

Asian shares dip on profit-taking after Dow hits 22,000

Asian shares dip on profit-taking after Dow hits 22,000

Thu, Aug 03, 2017

"Those shares that were bought heavily on Tuesday are being sold aggressively. I would suspect investors want to take profits quickly after they saw a sharp correction last week," said Yukino Yamada, senior strategist at Daiwa Securities.

Netflix beats subscriber targets, shares jump over 10 percent

Netflix beats subscriber targets, shares jump over 10 percent

Tue, Jul 18, 2017

Netflix Inc crushed Wall Street forecasts by adding 5.2 million new streaming customers in the second quarter and predicted continued momentum as foreign subscriptions topped those in the United States, lifting its stock 10.4 percent on Monday.

Reliance Defence partners with Yugoimport to manufacture Rs 20,000 crore worth ammunition for India's defence forces

Reliance Defence partners with Yugoimport to manufacture Rs 20,000 crore worth ammunition for India's defence forces

Tue, Jun 20, 2017

Anil Ambani, in its meeting with President of Serbia, signed a pact with Yugoimport for manufacturing Rs 20,000 crore worth ammunition for next 10 years.

Mahindra, Eicher Motors, Escorts shares beat index since IMD's monsoon forecast

Mahindra, Eicher Motors, Escorts shares beat index since IMD's monsoon forecast

Thu, Jun 08, 2017

Since IMD made its prediction mid April the shares of tractor manufacturers has see an growth which is higher than the stock market indices.

7 June 2017 : These shares will help you to earn more

7 June 2017 : These shares will help you to earn more

Wed, Jun 07, 2017

Fast Money : This segment of Zee News provides you information about 20 such stocks, which are for intra-day basis. Zee Business is one of the leading and fastest growing Hindi business news channels in India. Live coverage of Indian markets - Sensex & Nifty

Reliance Communications assures lenders of Rs 25,000 crore payment in four months

Reliance Communications assures lenders of Rs 25,000 crore payment in four months

Tue, May 30, 2017

Reliance Communications' shares continue to trade lower as the company hinted as pleading to the government to defer spectrum payments. Telecom sector as a whole too has demanded this with Airtel voicing similar concerns earlier.

HPCL net profit stood at Rs 1,819 crore in Q4; shares surged by 12%

HPCL net profit stood at Rs 1,819 crore in Q4; shares surged by 12%

Fri, May 26, 2017

HPCL posted net profit of Rs 1,818.79 crore, a rise of 31.04% from Rs 1,387.91 crore in the corresponding period of the previous year. Q4FY17 net profit also increased by 9.77% from Rs 1,656.81 crore in the preceding quarter.

HPCL, ONGC Q4 preview: Spike in crude prices, decline in GRM to play role?

HPCL, ONGC Q4 preview: Spike in crude prices, decline in GRM to play role?

Fri, May 26, 2017

Performance of oil companies in Q4, is expected to revolve around the strengthening of crude prices and decline in Singapore complex GRM that took place during January – March 2017 period.

ITC Q4 preview: Will demonetisation, price hike in cigerattes impact earnings?

ITC Q4 preview: Will demonetisation, price hike in cigerattes impact earnings?

Fri, May 26, 2017

ITC in Q3FY17 reported 5.7% yoy jump in net profit at Rs 2,646.73 crore and while total income from operations grew by 4.7% yoy at Rs 13,569.97 crore.

Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

Fri, May 26, 2017

The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.

S&P 500 hits record high after upbeat retail results

S&P 500 hits record high after upbeat retail results

Fri, May 26, 2017

The discretionary index gained 0.9%, while the S&P 500 retail indexwas up 1.6%, its best day since Dec. 7.

Moody's downgrades Hong Kong after China ratings cut

Moody's downgrades Hong Kong after China ratings cut

Thu, May 25, 2017

The U.S. ratings agency downgraded Hong Kong`s rating to Aa2 from Aa1 and said credit trends in China will continue to have a significant impact on Hong Kong`s credit profile due to close economic, financial and political ties with the mainland.

Videocon Industries shares reach new lows over bad debt worries

Videocon Industries shares reach new lows over bad debt worries

Wed, May 24, 2017

Recently, Dena Bank announced that its net loss for the fourth quarter ended March 31, 2017 widened as provisioning were made for non-performing assets (NPAs) which included Rs 520 crore exposure to Videocon Industries.

Midcap stocks outperform Sensex, Nifty in the last one year

Midcap stocks outperform Sensex, Nifty in the last one year

Fri, May 19, 2017

Suresh Sadagopan, founder, Ladder7 said, “Renewed domestic investor participation especially as all other assets including Fixed Income securities offering muted returns, FII interest in our stocks, DII buying, are some of the reasons.”

Bajaj Auto's Q4FY17 net profit stood at Rs 802 crore; volume growth down 10%

Bajaj Auto's Q4FY17 net profit stood at Rs 802 crore; volume growth down 10%

Thu, May 18, 2017

The company posted standalone net profit of Rs 801.82 crore, recording decline of 15.53% compared to Rs 949.33 crore in the corresponding period of the previous year.

Bajaj Auto Q4 review: Exports, Demonetisation, BS-III vehicles ban to play its role

Bajaj Auto Q4 review: Exports, Demonetisation, BS-III vehicles ban to play its role

Thu, May 18, 2017

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