Mumbai: Foreign fund managers are nibbling at beaten-down shares of information technology (IT) companies after dumping them in the past 12 months. These investors invested ₹2,610 crore in IT stocks in the second fortnight of October 2022 after remaining net sellers of shares worth nearly ₹92,000 crore since October 2021 Between October 2021 and September … Read more
Indian market is expected to open lower on Monday tracking muted global cues. The S&P BSE Sensex closed nearly 700 points higher on Friday while Nity50 closed just below 17200 levels. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Chandan , Derivative & Technical Analyst, told ETBureau … Read more
Boosted by quarterly numbers of software exporters, IT stocks led the rebound on Dalal Street on Friday. Among all major sectoral indices Nifty IT was the top gainer. Shares of information technology companies, Infosys, , L&T Infotech, and rose as much as 5% in Friday’s trade. was among the top gainers as the stock rallied … Read more
Nifty futures on the Singapore Exchange traded 58.5 points, or 0.34 per cent lower at 17,046.5, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade: Infosys, MindTree, Angel One: Infosys, MindTree, Angel One, Cyient, , , , Alstone Textiles … Read more
on Wednesday declared an interim dividend of Rs 10 per share of Rs 2 face value for FY2023 while announcing its quarterly results for the September quarter. Also, the board confirmed the record date as October 20 for the purpose of determining shareholders’ eligibility for the dividend. So, the ex-date that usually falls a day … Read more
Shares of IT services provider rose as much as 2.7% to Rs 963.8 in intra-day trade on Wednesday, ahead of its second-quarter results later in the day. After two quarters of steep erosion in profitability, HCL Technologies is likely to have seen some improvement in margins during the quarter ended September due to lower operating … Read more
A host of corporate actions and board meetings are scheduled for Wednesday. Shares of Globe International and will trade ex-bonus for its bonus share issuance announced in the ratio of 1:1. will also go ex-bonus for bonus share issuance in the ratio of 3:2. Additionally, shares of and will turn ex-bonus in respect of their … Read more
Bucking the muted global cues, Indian benchmark indices were set for a positive trade at open. On the contrary, Asian peers were in deep red, whereas US Stocks settled mostly lower during the overnight trade. Recession fears spooked the traders across the globe and firm dollar dented the sentiments further. Back home, India Inc earnings … Read more
Various widely tracked companies like TCS, , Infosys, and would be releasing their September quarter report cards this week. Here’s a list: October 10 TCS, , JTL Infra October 11 , October 12 HCL Technologies, Wipro, National Standard, , Nxtdigital October 13 Infosys, Mindtree, Angle One, , Cyient October 14 Bajaj Auto, , , October … Read more
The Nifty50 index broke below 200-DMA for the third time in the last five trading sessions on Monday largely weighed down by negative global cues. The index which fell nearly 4 per cent in September is struggling to hold above the long-term moving average on the first trading day of October, which suggests selling pressure … Read more