The share price of Bharti Hexacom is down 3% after Motilal Oswal downgraded the stock to Neutral. The target price is set at Rs 1,900 per share. This is around the 52-week high of the share. This, as a result indicates very little downside for the stock in the near-term. According to the brokerage house
The markets have been trending higher for the second consecutive session on Thursday. The food delivery major occupied the top spot for the second straight day with almost a 5% rally in today’s trade. Here’s a list of the top five movers that surged the most on the Nifty 50. Zomato The share price of
The Indian equity benchmarks ended Wednesday’s session on a positive footing. The Sensex wrapped up the day at 80,998.25, gaining 260.74 points or 0.32%, while the Nifty closed at 24,625.10, up 82.60 or 0.34%. Banking stocks also contributed to the uptrend, with the Nifty Bank finishing at 55,676.85, up by 0.14%. Here are some of
The Indian benchmark indices, Sensex and Nifty, ended Tuesday’s session with sharp losses after a subdued start. The Sensex closed at 80,737.51, falling 636.24 points or 0.78%, while the Nifty slipped 174.10 points or 0.70% to settle at 24,542.50. The Nifty Bank index also declined, closing at 55,599.95, down by 0.54%. Here are 5 key
The Nifty Metal index hammered 1.6% to the 9,047.95 level on Monday after the US President Donald Trump said that he would double the import duty on steel imports, implying this Wednesday. On Friday, Trump announced to raise the tariffs on steel imports to 50%. He was addressing a rally at a US steel plant
RBI’s interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors (FIIs) and developments on the tariffs front would also guide investors’ sentiment, experts noted. RBI Policy meeting in focus “Looking ahead
The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for
The markets closed Friday’s session on a lower note. The Nifty 50 closed the session 83 points or 0.33% lower at 24,750, the Sensex fell 182 points or 0.22% to settle at 81,451. However, the banking stocks surged higher breaking ranks with the overall markets, the Nifty Bank rose 204 points or 0.37% to end
The Income Tax Return (ITR) filing season is in full swing. Like every year, taxpayers while filing their ITRs grapple with issues related to forms, rules or eligibility to claim certain deductions and exemptions. Among various other issues, this time one of the major confusions among taxpayers is being seen regarding the rebate available under
IT firm, Tata Consultancy Services (TCS) plans to reduce its workforce by 2 per cent in the financial year FY26, as per media reports. The move is expected to affect around 12,200 jobs, from its total workforce of over 6.13 lakh. Jefferies believes the move could lead to short-term execution issues and a long-term spike
The country’s power regulator, CERC, has literally shaken up the power sector after it issued an order to implement market coupling from January 2026. According to the CERC order, it plans to initiate market coupling in the Day-ahead Market by February 2026. While the IEX share price has seen topsy-turvy moves as a result, it
Veteran investor and author Jim Rogers has reasserted his confidence in silver, adding that he will continue to hold gold and silver and that it would be part of his “estate for his children”, Economic Times reported. Rogers stated that he purchased more silver just last week and would continue to buy it if the price remains
Tata Consultancy Services (TCS) plans to let go around 2% of its global workforce, which translates to over 12,000 employees, by 2026. This is part of a restructuring exercise to make the company more agile and technology aligned. ALSO READTCS to lay off 2% workforce, over 12,000 mid and senior grade employees to be impacted
