Wipro share price jumped 2.7% to Rs 384.5 today after the IT major’s board approved a buyback of up to Rs 12,000 crore of shares at a price of Rs 445 per share. The company’s net profit fell 10% to Rs 3,149 crore in Q4FY23 from Rs 3,524 crore in the same quarter last year. […]
Indian benchmark indices are likely to open marginally higher on Wednesday, hinted SGX Nifty. Amid mixed global cues, Nifty futures traded 0.43% higher at 18506 on the Singapore Exchange. In the previous session, BSE Sensex declined 104 points to 61,702, while NSE Nifty 50 fell 35 points to 18,385. “Domestic markets succumbed to global pressure […]
Varun beverages (VBL) is well-place to capitalise on the opportunity that the early onset of summer/likely hot summer presents. The company has expanded capacity and distribution and built supply for the peak season well ahead of the usual schedule. Further, the strong growth momentum (100%+ y-o-y) of energy drink ‘Sting’ continues. Overall, the stage is […]
The Indian banking sector is expected to remain resilient as performance normalises after the highs seen in FY2023-24, said a report by ICRA while maintaining its positive outlook on the segment. This, it added, will be driven by comfortable asset quality levels, with both corporate and retail portfolios performing well in terms of delinquencies, resulting […]
US stock index futures edged higher on Monday on optimism around China reopening its borders, while signs of cooling in the labor market boosted bets of a slower pace of rate hikes by the US Federal Reserve. After being clobbered in 2022 by the Fed’s fastest pace of rate hikes since the 1980s, Wall Street […]
By Ruchit Jain Post three back-to-back negative expiries from April to June, the July series started amidst a pullback move around 15700. The market sentiment was negative as the stronger hands had short positions and the pullback from the lows did not witness broad market participation. However, the index recovered gradually and as the series […]
By Shivangi Sarda Nifty index opened gap up and support based buying pulled the index to 17477 levels. It closed near its day’s high with gains of around 200 points. It formed a Bullish candle on daily scale and negated its lower highs – lower lows of the last four sessions. Bank Nifty opened a […]
Steel pipes maker JTL Industries Ltd has posted a Rs 36.65 crore consolidated net profit during the fourth quarter of financial year 2022-23, on account of higher income. At Rs 36.65 crore, the net profit was almost double of Rs 18.94 crore during the January-March period of fiscal year 2021-22, JTL Industries said in a […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity indices concluded Tuesday’s session in the green territory with BSE Sensex rising 126.21 points to 61,294.00 and NSE Nifty climbing 35.10 points, settling at 18,232.55. Most of the broader market indices ended in the green. Nifty Next 50 rose 0.42%, Nifty Midcap 50 […]
The real estate business has always been viewed as conservative and resistant to change, but technological advancements profoundly transform its environment. Proptech – the merger of property and technology – is a developing sector that is changing how we purchase, sell, rent, and manage properties worldwide. At its core, it uses technological advances to streamline […]