Mumbai|Bengaluru: Tata Consultancy Services (TCS), India’s largest software services company, posted a 12% rise in net profit to ₹13,718 crore in the March quarter, while revenue rose 9.6% to ₹70,698 crore. Sequentially, profit was up 19.4% and revenue rose 5.4%. The numbers exceeded or matched expectations after several quarters of muted growth, aided by a […]
Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJet
Indian equity markets snapped a five-day gaining streak on April 9, witnessing profit booking after the sharp rally in the previous session. Analysts say the index formed a bearish candle with a lower high and a lower low signaling profit booking after a sharp up move of 1800 points in the last 4 sessions. In […]
6 high-price stocks crack up to 40% in just 3 months. Are you impacted?
High-priced stocks on the BSE experienced significant volatility in early 2026. While geopolitical uncertainties led to sharp corrections of 20-40% for several stocks, a select few defied the trend, rallying by 20-40%. This segment presents a dynamic landscape of both risk and reward for investors. Source link
Pakistan’s stock market plunges, KSE100 index drops 3,800 points on fading ceasefire hopes
Pakistan’s stock markets plunged sharply on Thursday. The benchmark KSE‑100 index of the Pakistan Stock Exchange fell more than 3,800 points as Iran and the US refused to back down from the escalating Middle East conflict, dampening hopes for the Pakistan-brokered ceasefire. The KSE‑100 index hit a day’s low of 161,993 before recovering some losses. […]
$67 billion! Dalal Street braces for 81 IPO lock-in expiries in next 3 months. Check details
Dalal Street is heading into a busy phase of IPO lock-in expiries, with a significant portion of pre-listing shareholder restrictions set to be lifted over the next three months. According to estimates by Nuvama Alternative & Quantitative Research, as many as 81 companies will see their lock-ins expire between April 7 and July 31, potentially […]
Dip buying: Sunil Singhania-backed Abakkus Flexi Cap Fund picks 1.4% stake in Heritage Foods in March
Ace Investor Sunil Singhania-backed Abakkus Flexi Cap Fund added Heritage Foods in the quarter ended March, picking nearly 13 lakh shares that account for 1.4% equity in the company. Singhania’s portfolio boasts 27 stocks with a net worth of Rs 2,297 crore, according to Trendlyne data. His other top bets include J Kumar Infraprojects, ADF […]
Wipro to consider share buyback on April 16 after steep stock crash this year
IT services major Wipro on Thursday informed the exchanges that it will be considering a buyback of shares along with its fourth quarter results. The company will release its earnings on April 16. The announcement of buyback comes after a steep fall in its stock price, which is down over 20% already this year. The […]
Honasa Consumer among 7 stocks that hit 52-week high; rally up to 21% in a month
Despite a sharp Sensex decline, seven BSE 500 stocks hit 52-week highs, including Ather Energy and ABB India, reflecting strong momentum, recent gains, and continued investor optimism amid broader market weakness. Source link
F&O watch: BSE gets Sebi nod to launch BSE Focused IT Index derivatives
Market regulator Securities and Exchange Board of India (Sebi) has given approval to BSE to launch derivative contracts on the ‘BSE Focused IT Index’. BSE said in a regulatory filing on Thursday that details regarding the launch and contract specifications will be notified via separate exchange circulars. The BSE Focused IT is a sector index […]
Ahead of Market: 10 things that will decide stock market action on Friday
Domestic markets ended lower on Thursday, snapping a five-session winning streak, as heavy selling in financials, along with weakness in auto and FMCG stocks, weighed on sentiment. The Nifty 50 dropped 222.25 points, or 0.93%, to close at 23,775.10, while the BSE Sensex fell 947.22 points, or 1.22%, to settle at 76,615.68. Meanwhile, the volatility […]