Latest Updates Around The World
Leading public sector lender State Bank of India (SBI) has overtaken IT services firm Tata Consultancy Services (TCS) to become the country’s fourth-largest listed company by market capitalization, riding on a sharp post-earnings recovery and renewed optimism around public sector banks.SBI’s market capitalization now stands at almost Rs 10.92 lakh crore, compared to TCS at […]
The combined market valuation of eight of the top 10 most valued companies rose by as much as Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest gainer, in line with a notable rally in equities.Last week, the benchmark BSE rose 2,857.46 points or 3.53 percent. Among the top 10, Reliance […]
At a time when Indian equities continue to trade at a premium and global markets offer selective opportunities, asset allocation has become a crucial decision for long-term investors.Sachin Sawrikar, Managing Partner at Artha Bharat Investment Managers, believes a balanced approach is crucial. He suggests that portfolios be anchored with 50-60% exposure to Indian assets, supplemented […]
The software sector was rocked overnight by what analysts are calling a ‘SaaSpocalypse’ – a sudden and severe sell-off caused by new artificial intelligence tools unveiled by US AI startup Anthropic. This episode has heightened investor fears that AI will no longer just help software companies, but may now replace them. So, first: what exactly […]
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.Last week, the BSE benchmark Sensex gained 2,032.65 points or 2.43 percent. “Markets witnessed a sharp sell-off during the week […]
Global money managers are warming up to the shares of Indian software exporters again as they focus their activities on artificial intelligence.While revenues from developing AI-based products are still small, analysts and investors are excited about the growth shown by companies including Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd. TCS said revenue […]
The combined market valuation of three of the top 10 most valued companies rose by Rs 75,855.43 crore last week during a holiday shortening, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities.Last week, the BSE benchmark Sensex fell by 5.89 points and the NSE […]
US President Donald Trump’s latest attempt to force a deal on Greenland, this time by threatening high tariffs on a cluster of NATO allies, has injected new uncertainty into global markets, potentially pushing investors towards gold and silver, while increasing near-term volatility risks for equities, including in India, even as longer-term trading opportunities quietly come […]
India’s second-largest IT services company on Wednesday reported a 2% year-on-year (year-on-year) decline in its consolidated net profit at Rs 6,654 crore in the third quarter, compared to Rs 6,806 crore in the previous year’s quarter. Revenue from operations during the same period rose 9% year-on-year to Rs 45,479 crore.The company has revised up its […]
