Equity investors became poorer by Rs 9.69 lakh crore in two days of sharp fall in the stock markets, where the benchmark Sensex tumbled 1,555 points. The additional 25 per cent tariff imposed by the US on India came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 … Read more
The combined market valuation of five of the top-10 most valued firms increased by Rs 60,675.94 crore last week, with State Bank of India and HDFC Bank emerging as the lead gainers in line with a positive trend in equities. In a holiday-shortened last week, Sensex climbed 739.87 points or 0.92 per cent, and the … Read more
The combined market valuation of 6 of the top-10 most valued firms diminished by Rs 2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark gauge declined by 294.64 points or 0.36 per cent. “Markets ended lower for the fourth straight … Read more
The Indian market extended losses for a second consecutive week on Friday, dragged down by concerns over a delayed U.S. trade deal and disappointing quarterly results from Tata Consultancy Services. The Nifty 50 declined 1.22% to close at 25,149.85, while the BSE Sensex slipped 1.12% to 82,500.47 for the week. On the day, the Nifty … Read more
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries, … Read more
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing … Read more
Accenture shares fell 11% on Friday, hitting the day’s low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant’s AI-driven services from enterprise customers. It reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts’ average estimate of $17.30 billion, Reuters reported, citing … Read more
After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged … Read more
The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), … Read more
Information technology stocks tumbled up to 6% on Thursday, dragged lower by Wipro’s disappointing earnings and downbeat revenue outlook for the April-to-June quarter, triggering a broad selloff across the sector. Shares of Wipro plunged 5.7% after the company missed fourth-quarter revenue estimates and warned of a 1.5% to 3.5% decline in revenue for the current … Read more