Wipro shares fell 0.9% to an intra-day low of Rs 261.70 after it realigned the global business with clients’ needs. The stock was among the major losers on Nifty and has lost 13% year to date. The restructuring in global business line comes amidst the US recessionary concerns and challenging macroeconomic conditions. Also, the company
Infosys is back in the spotlight as investors keep a close watch on the IT giant following recent developments. From its upcoming quarterly earnings to stock performance trends, here are five key things to know about Infosys shares right now. Infosys: Quarterly earnings on the radar The countdown has begun for Infosys Q4 results. The
All eyes are on the market levels this week after the Nifty failed to close above 22,500 last week. Positive global cues are expected to boost sentiment. Market participants have noted that the Nifty 50 needs to jump above the 22,500 mark decisively for an uptrend as this has become a key resistance level while
For stock market investors, few things are as exciting as corporate rewards such as dividends landing in their accounts, extra shares through bonuses, or stock splits making pricey stocks more affordable. And this week, there is a lot happening on that front. Some of the most watched stocks include Indian Railway Finance Corporation (IRFC), Power
The IPO market is back in action. After a relatively quiet spell, the primary market is heating up again with four new public issues set to open for subscription this week. Investors can look forward to one mainboard IPO and three SME IPOs hitting the Street, while two recently concluded issues will make their market
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
According to SEBI, Sectoral/Thematic Funds are open-ended equity mutual funds that invest a minimum of 80% of their assets in a particular sector or theme. Each scheme must clearly specify the sector/theme it will focus on for investments. These schemes also have the flexibility to invest across the market cap range, viz., large-cap, mid-cap, and small-cap
The co-founders of Web Werks, Nikhil and Nishant Rathi, have exited the data centre firm by selling their entire stake to US-based Iron Mountain for Rs 1400 crore. The two will continue to retain ownership of their software development business, NeoSOFT, and will scale up their technology and digital services platform, NeoNXT, going forward. Iron
Even as countries like Vietnam and Taiwan signal a willingness to reduce import duties to counter new reciprocal tariffs announced by the US, analysts say India remains better placed to safeguard and potentially grow its contract manufacturing base in smartphones and electronics. The key reason for the same being that India not only faces a
All eyes are on Tata Consultancy Services (TCS) as it prepares to announce its earnings for the January–March quarter on April 10, kicking off the corporate earnings season. Analysts will closely watch not just the numbers but also the management commentary for cues on what FY26 might hold for the domestic IT services sector. Expectations
History shows tariffs and trade barriers slow down growth and any slowdown globally will increase volatility in stock prices around the world, according to DSP Mutual Fund’s CEO Kalpen Parekh. He tells Ananya Grover that his advice to investors is making investing personal. Excerpts: How do you see Monday’s market crash? Global as well as