Latest Updates Around The World
The Indian market observed a trading holiday today due to the Maharashtra Municipal Corporation elections on Thursday.On Wednesday, the market ended lower with the Sensex and Nifty continuing their decline as concerns over possible US tariffs and continued foreign investor outflows outweighed gains in metals and banking stocks.The benchmark BSE Sensex fell 245 points, or […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty continuing their declines, as concerns over possible US tariffs and continued foreign investor outflows outweighed gains in metals and banking stocks.The benchmark BSE Sensex fell 245 points, or 0.29%, to end at 83,382.71, while the NSE Nifty 50 fell 66.7 points, or 0.26%, to […]
Indian engineering research and development (ER&D) company Tata Elxsi on Tuesday reported a 45.3% decline in third-quarter profit, mainly due to a one-time charge related to the country’s new labor laws.The Bengaluru-based company reported a profit of 1.09 billion rupees ($12.1 million) for the quarter ended December 31. Tata Elxsi took an exceptional charge of […]
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 […]
The sharp fall in the rupee has given India’s IT sector a near-term profit cushion, but analysts caution against assuming a sustained revaluation. According to Sandip Agarwal, principal officer and co-founder of Sowilo Investment Managers, the recent rally in IT stocks is largely a defensive move as investors seek protection from currency volatility rather than […]
