Category: Stock

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 […]

Nifty ended with sharp cuts on Thursday, ending its five-session winning streak. It fell amid significant selling pressure in financial stocks along with auto and FMCG counters, encountering strong resistance near the 24,000 mark. Nilesh Jain, Vice President – Head of Technical and Derivative Research at Centrum Finverse said the index has formed a small […]

NSE Indices on Thursday organised a press meet in Mumbai, where it elaborated on its outlook for passive investing in India. It stated that the total Assets Under Management (AUM) in passive investments surged from Rs 1.63 lakh crore in 2020 to approximately Rs 50 lakh crore in 2026. At the meet, Aniruddha Chatterjee, CEO […]

Foreign investor appetite for Indian equities may be cooling sharply, if insights shared by Nithin Kamath are anything to go by. In a recent social media post, the Zerodha co-founder said feedback from a stock market insider suggests that global investors are increasingly turning cautious on India, citing a mix of macro, valuation, and policy […]

TCS’s fourth-quarter results signal that the company is no longer considering artificial intelligence (AI) a side bet, instead, it is positioning the segment as a structural growth driver. The company reported that its annualised AI revenue crossed $2.3 billion in Q4, alongside a strong deal pipeline, indicating that enterprise AI spending is translating into tangible […]

TCS Q4 Dividend Announcement: Indian IT bellwether Tata Consultancy Services (TCS) on Thursday announced a final dividend of Rs 31 per share for the financial year ended March 31, 2026. The company will pay the dividend on the third day from the conclusion of its 31st Annual General Meeting. The company’s FY26 shareholder payout in […]

IT services giant Tata Consultancy Services (TCS) on Thursday reported a 12% year-on-year (YoY) growth in its consolidated net profit, which stood at Rs 13,718 crore in the fourth quarter. Revenue from operations rose 10% YoY to Rs 70,698 crore. The company has also approved a final dividend of Rs 31 per share. TCS said […]

Zerodha CEO Nithin Kamath took to X to flag the valuation gaps between hospitals and brokerages, with the one saving lives enjoying a much less market value than the one helping investors to buy and sell stocks. Kamath said he recently had dinner with Dr Devi Shetty, a renowned Indian cardiac surgeon who founded Narayana […]

Sensex could climb to 95,000 by December 2026, with Morgan Stanley’s Ridham Desai arguing that a new bull market is taking shape after one of the worst relative performance phases for Indian equities in decades. Morgan Stanley pegs its base-case Sensex target at 95,000 for December 2026, implying about 22% upside from the April 8 […]

Housing finance stocks look poised near an inflection point as Bernstein argues that affordable housing financiers are set for a turnaround in both growth and asset quality, and names HomeFirst and Aadhar Housing Finance as its two preferred bets in the segment. The brokerage notes that the recent macro-led selloff has dragged down Indian banks, […]