Category: Stock

Turnaround Story A “turnaround story YoY” indicates that a company has shifted from incurring a net loss in the same quarter last year to reporting a net profit in the latest quarter, signaling stronger financial performance and recovery. In the Nifty500 pack, nine stocks stood out, according to StockEdge profitability scan data. Source link

On Wednesday, the benchmark Sensex rose by approximately 213 points to settle at 81,857. Driven by a broad-based market rally, eight stocks from the BSE 200 index reached their 52-week highs, marking their highest levels in the past year. These breakouts are often viewed by traders and investors as bullish signals, indicating strong upward momentum […]

Newsmakers of D-Street Indian headline indices ended with gains on Wednesday recording their fifth successive positive closing. IT and FMCG stocks did the heavy lifting. While Nifty gained 69.90 points or 0.28% to close at 25,050.55, the 30-stock S&P BSE Sensex finished at 81,857.84, gaining by 213.45 points or 0.26%. Here are the stocks that […]

Indian benchmark indices Sensex and Nifty extended their winning streak to a fifth session Wednesday, lifted by IT shares, as investors looked ahead to the US Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%, […]

Veteran investor Vijay Kedia’s portfolio stock Tac Infosec surged as much as 5% on Wednesday to Rs 985.7 on the BSE, extending a two-day rally to 15.8%, after its U.S.-based subsidiary announced plans to pursue a Nasdaq listing, marking a first-of-its-kind move for an India-listed cybersecurity firm. Kedia holds a 14.6% stake in the company, […]

European equities slipped on Wednesday, retreating from a five-month closing high in the previous session, after tech stocks tracked dour performances of their Wall Street peers and as the defence sector faced pressure for a second day. The pan-European STOXX 600 index was down 0.4%, as of 0707 GMT, with most major bourses trading in […]

Shibani Sircar Kurian concludes that India remains well placed on domestic macro parameters, supported by a combination of policy push, strong monsoon, and rising consumption. She expects corporate earnings to improve in the second half of the year, with largecaps offering the most attractive opportunities. While midcaps may offer selective plays, she cautions that smallcaps […]

Billionaire Ken Griffin’s Citadel Securities has hired an options trader in India this week and plans to add more staff to bolster its operations in the South Asian nation, according to people familiar with the matter. The market-making giant has tapped Prajual Maheshwari to join Citadel Securities India Markets Pvt. in Gurugram from high-frequency trading […]

Trump turns up heat on Powell ahead of Jackson hole Source link

After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most recent precedent is from the dot-com era more than two decades ago. Shares of the struggling chipmaker have rallied 28% this month, adding about […]