Tag Archives: Now

Market Now: IT stocks rally on rupee weakness; HCL Tech zooms 4% 

Equity benchmarks moved up a little shrugging off weakness in global stocks and concerns over surging oil prices. NEW DELHI: Falling rupee seems to have given a fillip to IT stocks as most of them from the Nifty IT pack were trading in the higher terrain. The Nifty IT index was trading 2.71 per cent up at 13,105 around 10:50 am (IST) ... Read More »

Digital Now A Critical Element Of The Market, Says Infosys CEO Salil Parekh

Salil Parekh has been appointed as CEO of Infosys effective from January 2 Bengaluru: Underlining the huge potential of the digital business, Infosys CEO and MD Salil Parekh today said it is a critical element of the market. Addressing journalists while announcing the third quarter results, Parekh said, “We are very clear in any case that the market has evolved and ... Read More »

White House says the stock market is cheap right now

Brendan Smialowski | AFP | Getty Images Secretary of the Treasury Steven Mnuchin (L), National Economic Council Director Gary Cohn (C) and US Secretary of Commerce Wilbur Ross wait for President Donald Trump to speak about newly passed tax reform legislation during an event at the White House December 20, 2017 in Washington, DC. In an usual move for the ... Read More »

Market Now: Check out the stocks that cracked over 5%

NEW DELHI: Shares of Shekhawati Poly-Yarn (down 7.14 per cent), Sterling Biotech (down 6.93 per cent), Diamond Power (down 5.20 per cent) and CKP Products (down 5.09 per cent) cracked over 5 per cent in morning trade on Thursday, even as broader markets remained in the positive zone. On the other hand, Bombay Rayon Fashions (down 4.99 per cent), Lasa ... Read More »

Market Now: PNB, SAIL among most traded stocks on NSE

Out of 50 stocks in the Nifty50 index, 24 were in the green, while 26 were in the red. NEW DELHI: Shares of Punjab National BankBSE -4.35 %(number of shares traded: 2.78 crore), Steel Authority of IndiaBSE 1.62 % (SAIL) (0.24 crore) and Oil and Natural Gas Corporation (ONGC) (0.21 crore) were trading as the most active stocks in terms of volume on ... Read More »

Eight stocks that have now fallen out of favour and why

Mumbai: While Indian markets have enjoyed a good run this year, here is a quick look at some stocks which have fallen out of investors’ favour, even though they were lucrative bets earlier. The stocks have been selected largely on the basis of changes in analysts’ preferences. Click here for enlarge IT sector Indian software services firms are struggling as US ... Read More »

BRICS Summit 2017 has potential to boost trade, economy, finance but members need to start work now

The idea of BRIC emanated from an investment bank which had conjectured a theoretical possibility of four countries in the developing world, i.e. Brazil, Russia, India and China, taking on the role of engine to growth for the world economy. This concept gained more relevance after the financial crisis set in where it was believed that the emerging markets were ... Read More »

Market Now: Stocks that surged up to 20% today

The overall market sentiments remained positive since the beginning of today’ session. NEW DELHI: Shares of Gujarat NRE CokeBSE 15.42 % (up 20 per cent), Bombay RayonBSE 5.43 % (up 19.98 per cent), Parsvnath DevelopersBSE 16.94 % (up 19.76 per cent), JP Power (up 19.27 per cent), GVK PowerBSE 1.37 % Infra (up 19 per cent) and Repro IndiaBSE -2.82 % (up 16.33 per cent) zoomed over 15 per cent on NSE as benchmark ... Read More »

AU Small Finance Bank now among the top 20 NBFCs by market capitalisation

The stock has gained 30% after its robust debut on July 10 MUMBAI, JULY 13:   Within three days of listing, the market capitalisation of AU Small Finance Bank (AU SFB), which got converted from a non-banking finance company to a bank only in April 2017, is larger than PSU banks such as IDBI Bank, Union Bank, Dena Bank and Bank ... Read More »

All that ‘animal spirits’ talk for the economy seems like a long time ago now

May’s disappointing job growth delivered another blow to hopes that the U.S. economy is on the cusp of breaking out. Job creation fell well short of economist expectations, with just 138,000 new positions created against estimates for 185,000. The unemployment rate declined to a 16-year low of 4.3 percent, but that was because of a drop in the labor force ... Read More »