Latest Updates Around The World
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2,18,902.09 crore last week, with Bharti Airtel taking the biggest hit in line with a bearish trend in equities.Last week, the benchmark BSE fell 1,527.52 points or 1.84 percent. “Equity markets ended the week under significant pressure as continued […]
French multinational bank BNP Paribas on Friday bought 5.28 lakh shares worth Rs 64 crore in State Bank of India (SBI) through a block deal. The seller in the deal was Societe Generale.The shares were bought through its investment arm BNP Paribas Financial Markets at a price of Rs 1,204 each versus Thursday’s closing price […]
Indian stock markets tumbled on Friday, extending losses for the second straight session, as FMCG, auto, real estate and pharmaceutical stocks came under heavy selling pressure. The defeat wiped out over Rs 3.4 lakh crore of investor wealth, bringing the BSE’s total market capitalization down to around Rs 465 lakh crore.Sensex fell over 600 points […]
Shares of Tata Investment Corporation fell in Tuesday’s trade after reports said Tata Sons executive chairman N Chandrasekaran sought a postponement of talks on his reappointment.The stock closed at Rs 668 apiece, extending losses for the second straight session. According to the company’s shareholding as on December 31, Tata Sons held 68.51% stake in Tata […]
Shares of major information technology companies came under pressure on February 24, falling as much as 8%, following a sharp decline in IBM among restive investors on Wall Street. The stock fell 13%, its worst single-day drop in 25 years, after AI startup Anthropic said its Claude tool can help streamline COBOL code.COBOL, short for […]
Mumbai: Traders have stepped up their bearish derivatives bets on India’s IT sector to all-time highs in recent times as global AI-related developments have raised questions over the prospects of software exporters and triggered a sharp sense of risk in the sector. While most IT stock futures see their biggest position builds in 2026, bearish […]
The combined market valuation of six of the top 10 most valued companies rose by Rs 63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest gainers.The 30-share BSE Sensex rose 187.95 points, or 0.22 percent, in the past week. Larsen & Toubro, State Bank of […]
Shares of Tata Investment Corporation rose 6.43% to Rs 739.75 during Friday’s trading session, extending their rally to a fifth straight day. The stock has risen nearly 18% in the past five sessions, fueled by market speculation that N Chandrasekaran is likely to secure a third term as chairman of Tata Sons.The rally follows strong […]
Shares of Tata Investment Corporation rose as much as 13% to a day’s high of Rs 727.40 on the BSE on Thursday after The Economic Times exclusively reported that Tata Sons is preparing for an extraordinary general meeting (EGM) once the board approves the reappointment of N. Chandrasekaran as executive chairman for a third term […]
Foreign institutional investors (FIIs) are fleeing India’s tech sector at an alarming rate, unconvinced that software services giants can survive the AI ​​disruption that threatens to erode their business models. FIIs withdrew Rs 10,956 crore from Indian IT stocks in the first two weeks of February after the launch of new models from Claude and […]
