Category: Stock

The shares of Power Finance Corporation (PFC) jumped more than 5% to hit a fresh 52-week high of Rs 467 apiece on Thursday, as rising temperatures across the country raised expectations of peak power demand in the coming days, boosting investor sentiment for the NBFC focusing on India’s power sector. The shares of the company […]

Indian stock markets saw a sharp intraday swing, with Sensex dropping more than 740 points and Nifty falling over 204 points from their highs on Sensex’s weekly expiry. The benchmark indices got off to a strong start, with Sensex up nearly 570 points and Nifty near 24,400 as hopes around a sooner end to the […]

Zerodha traders didn’t pay Rs 25,620 crore due to its zero brokerage on delivery trades feature from 2016 to 2025, revealed the company’s founder and CEO Nithin Kamath, who says the firm’s decision to not chase revenue targets has been a “blessing”. In a blog post on Zerodha’s website, Kamath said the absence of external […]

IT services major Wipro on Thursday announced a Rs 15,000 crore share buyback at Rs 250 per share, offering a 19% premium over the stock’s last closing price. The share buyback marks the first such action announced by the IT major in nearly three years. Wipro’s board approved the plan to buy back up to […]

HDFC Life Insurance on Thursday said it will issue shares worth Rs 1,000 crore to promoter HDFC Bank on a preferential basis, even as the insurer reported a modest rise in the March quarter profit. The company will allot 1.45 crore equity shares at Rs 688.52 apiece to HDFC Bank, subject to shareholder and regulatory […]

Angel One reported a sharp rise in profit for the March quarter, driven by strong client activity and operating leverage. Profit after tax stood at Rs 320 crore in the fourth quarter, marking an 84% year-on-year (YoY) increase, while rising 19% sequentially. The strong profit growth was supported by higher trading volumes and better monetisation […]

Benchmark indices Sensex and Nifty closed down in a volatile session on Thursday due to profit-taking in banking and financial shares after a recent sharp rally. Erasing its early gains, the 30-share BSE Sensex declined 122 points to settle at 77,988. The 50-share NSE Nifty dropped 34 points to end at 24,196. Meanwhile, the volatility […]

Wipro’s FY26 top line contracted for the third year in a row, a one-of-a-kind feat when compared with larger peers. That broadly sums up the challenging environment that the country’s fourth largest software exporter faces amid intense competition to stay relevant to clients at a time when every new release of artificial intelligence (AI) models […]

Institutional investors increased stakes across major NSE large-cap stocks in March 2026, signaling confidence in fundamentals and future growth. Companies like Adani Power, Axis Bank, NTPC, and Coal India saw modest rises, supporting improved governance, liquidity, and price stability trends. Source link

Wipro‘s March quarter earnings drew a sharp reaction from Jefferies, which called the performance weak and guidance lacklustre, even as the company’s US-listed ADRs fell nearly 3% post results. The brokerage said Wipro’s fourth-quarter numbers missed expectations on multiple fronts: revenue growth came in at just 0.2% quarter-on-quarter in constant currency terms, near the lower […]