Indian benchmark indices closed higher for the second consecutive session on Wednesday, extending momentum from Tuesday, even as IT stocks weighed heavily on the markets. Gains in most other sectors, supported by optimism around the India-US trade deal, helped offset the drag. The Nifty settled at 25,776 points, up 48.45 points or 0.19%, while the […]
Forcing short sellers to run for cover and with the potential of foreign institutional investors (FIIs) returning to Dalal Street with pockets full of cash, the Sensex zoomed over 4,000 points while the Nifty shot up around 5% to close to its all-time high of 26,373 on Tuesday following the announcement of the India-US trade […]
The Indian market closed its first trading session of the year with little change on Thursday. The Sensex closed marginally lower and the Nifty closed modestly higher. Gains among IT heavyweights offset losses caused by a decline in ITC after the government announced a new tax on cigarettes.The BSE Sensex fell 32 points, or 0.04%, […]
India Inc has registered its first profit rise in five quarters, signaling a turnaround in the corporate profit cycle after a long period of austerity. The upgrade is largely driven by mid- and large-cap companies, even as small-caps continue to be downgraded.In Motilal Oswal’s equity universe, FY2026 earnings after tax (PAT) increased by 2% over […]
The Indian market ended higher on Friday, with the Sensex and Nifty supported by a firmer rupee and an improving global environment, as investors bet on further interest rate cuts by the US Federal Reserve early next year.The benchmark Sensex climbed 638 points or 0.75% to close at 85,567.48, while the Nifty 50 rose 206 […]
Indian stocks are expected to outperform in 2026 after a subdued year, supported by an earnings recovery, improving domestic consumption and a more stable macroeconomic environment, Kotak Institutional Equities said, as it added Dixon Technologies to its model portfolio and increased its weight in InterGlobe Aviation, the operator of IndiGo.The brokerage said the 2025 calendar […]
The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]
The Indian market closed lower on Wednesday, with the Sensex and Nifty giving up early gains as traders held on to gains ahead of US Federal Reserve policy outcomes.The S&P BSE Sensex fell 275 points (0.32%) to close at 84,391.27, while the NSE Nifty 50 lost 82 points (0.32%) to close at 25,758. This is […]
Shares of Dixon Technologies fell as much as 3.2% to Rs 16,150 on the BSE on Monday despite reporting a strong quarterly profit. Analysts from Motilal Oswal and JM Financial said the results confirmed the company’s growth trajectory, but warned that near-term margin pressure and the surge in new components could challenge near-term earnings. Dixon […]
Dixon Technologies reported a 72% growth in its consolidated net profit in the second quarter at Rs 670 crore, compared to Rs 390 crore reported in the year-ago period. The profit after tax (PAT) accrues to the owners of the company. The company’s revenue from operations grew 29% to Rs 14,855 crore in the quarter […]