Markets traded volatile but managed to close on a positive note despite mixed signals. Looking ahead, markets will react to gains from IT majors TCS and HCL Tech in early trade on Tuesday, while geopolitical developments and trade talks will also remain in focus.In today’s trading, shares of TCS, HCL Tech, Ola Electric, RIL and […]
ET Intelligence Group: The third quarter earnings season for the IT sector has started on a positive note with each of the top two software exporters, including Tata Consulting Services (TCS) and HCL Technologies (HCL Tech), reporting better-than-expected revenue and profit figures for a historically weak quarter due to festive season. While each of them […]
IT services company HCL Technologies is expected to post a strong top-line performance in the December quarter, helped by seasonality in products and ER&D services, currency tailwinds and an increase in the number of large deals. An average of five brokers estimate revenue growth at around 12% year-on-year, while profit after tax (PAT) will grow […]
Indian shares closed lower on Monday, with losses in IT stocks and renewed worries about additional US tariffs dogging Nifty and Sensex, offsetting a flurry of upbeat business updates that had boosted expectations of stronger quarterly profits.The BSE Sensex fell 322.39 points, or 0.38%, to close at 85,439.62, while the NSE Nifty 50 fell 78.25 […]
IT stocks fell as much as 3.7% on Monday ahead of the earnings season, which starts next week with the announcement of third-quarter results by IT vendor Tata Consultancy Services (TCS) and HCL Technologies.HCL Technologies was the biggest loser, followed by Infosys, which fell 3.5% intraday to hit an intraday low of Rs 1,583.10 on […]
Vedanta’s position as one of India’s largest dividend-paying stocks has further weakened, with the metal giant slipping to seventh place based on the closing price as of December 31, 2025, according to a note from SBI Securities. The top position is now occupied by the lesser-known Multibase India, followed by Allcargo Logistics and Premco Global, […]
The quarterly rebalancing of the Nifty Indices, which will take place on December 30, is expected to lead to notable portfolio adjustments in several frontline indices including the Nifty 50 and Nifty Bank.This exercise, which involves aligning index constituents with updated free-float weights and revised methodologies, is likely to result in measurable inflows and outflows […]
Indian shares closed lower on Monday, with Sensex and Nifty paring early gains, as subdued year-end trading volumes and continued foreign fund outflows dampened investor risk appetite, extending the market’s recent losses.The BSE Sensex fell 346 points, or 0.41%, to close at 84,695.54, while the NSE Nifty 50 fell 100 points, or 0.38%, to settle […]
Indian shares closed lower on Tuesday, with the Sensex and Nifty extending their declines for a second straight session, as continued foreign portfolio outflows and a weakening rupee kept investors on edge. Lingering uncertainty over a possible US trade deal contributed to the cautious mood on Dalal Street.The S&P BSE Sensex fell 533 points, or […]
Indian shares closed higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks, usually sensitive to interest rate moves, led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, to end at 85,712.37. The […]