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 […]
Indian IT vendor Tata Consultancy Services (TCS) on Monday reported a 14% year-on-year (year-on-year) decline in consolidated net profit for the December quarter to Rs 10,657 crore, compared to Rs 12,380 crore in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the company.Revenue from operations in the third quarter […]
The combined market valuation of seven of the top 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard, amid a bearish trend in equities.Last week, the benchmark BSE fell 2,185.77 points or 2.54 percent. “Indian stock markets closed on a negative note last week, reflecting […]
IT services firm Tata Consultancy Services (TCS) is expected to report steady but moderate growth in the December quarter, with an average of five brokers posting revenue growth of around 5% year-on-year and profit growth of around 6%, due to cautious customer spending and margin headwinds. Based on the estimates, third quarter revenue could be […]
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 […]
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 […]
The year 2025 turned out to be a mixed year for India’s largest business houses. A look at the top 10 conglomerates shows that groups like Reliance, HDFC, Adani, Bajaj and Aditya Birla ended the year with significant gains, driven by a handful of major stocks that attracted strong investor interest. In contrast, Tata Group […]
The combined market capitalization of seven of the top 10 most valued companies rose by Rs 1,23,724.19 crore last week, in line with a bullish trend in equities, with Reliance Industries stealing the spotlight with the biggest jump in valuation.Last week, the benchmark BSE rose 720.56 points, or 0.84 percent. Among the top 10, Reliance […]
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, […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]