The Sensex shot past 86,000 for the first time on Thursday, reaching 86,026, while the Nifty rose to 26,246.65 – a record last set on September 27, 2024. But peel away the index veneer and the picture becomes grim: almost half of the Nifty50 stocks haven’t even touched their all-time highs this year, exposing a […]
The Nifty50 index rose to a new all-time high of 26,310.45 during Thursday’s trading session, supported by strong buying interest among heavyweights in financial, IT, infrastructure and consumption-related stocks.The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage gains. […]
Indian benchmark indices gave up early morning gains to end lower on Monday even as IT stocks had a good run on expectations of the Federal Reserve’s December rate cut. The 30-share Sensex fell 331 points or 0.39%, while the broader Nifty index fell 0.4% to settle below 26,000. Analysts said Nifty is seeing repeated […]
Mumbai: Mahindra Group has drawn up a 10-year expansion plan that will be led by its automotive division even as the tractor-to-technology conglomerate aims to build scale across its business portfolio, according to a presentation made to its investors on Thursday.The group targets organic growth of 15 to 40% across all its key verticals in […]
Indian shares closed solidly higher on Monday, with the Sensex and Nifty extending their winning streak to a sixth straight session, while investors welcomed new support measures from the Reserve Bank of India for exporters hit by recent tariff disruptions. Financial stocks led the advance, with sentiment further boosted by improving second-quarter earnings expectations.The S&P […]
Shares of Tech Mahindra (TechM) have fallen nearly 10% in five trading sessions after the country’s fifth-largest IT exporter announced September quarter results on October 14. The ET Infotech index remained flat over the period. The company’s lackluster performance on the stock markets was despite better-than-expected financials for the quarter. The stock is under pressure […]
ET Markets spoke to Sneha Poddar, VP-Research, Wealth Management at Motilal Oswal Financial Services, to discuss what is driving the markets, sustainability of valuations, sectoral opportunities and risks for investors as we enter the second half of 2025.Fragments:Q. What is driving the Indian stock market right now? Is it the global signals, the profits, the […]
Tier-1 IT services company Tech Mahindra on Tuesday declared an interim dividend of Rs 15 per equity share for the financial year 2025-26 and set Tuesday, October 21 as the record date for determining the members entitled to the interim dividend. The interim dividend was announced along with the company’s quarterly results in September, where […]
The earnings season for the September quarter, which started on October 9 when TCS announced its second-quarter earnings, is expected to be modest, with Nifty companies likely to post earnings growth of around 6% year-on-year, according to estimates. The results are now coming thick and fast, with a whopping 212 companies set to announce their […]