On Monday, the benchmark Sensex declined by approximately 466 points, closing at 82,159. Despite the broader market weakness, nine stocks from the BSE 200 index surged to hit 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 […]
TCS to announce Q2 results on October 9, consider second interim dividend for FY26
Indian IT bellwether Tata Consultancy Services (TCS) will announce its July-September quarter earnings on October 9 and consider giving a second interim dividend to shareholders of the company. It has set October 15 as the record date to determine the eligibility of investors for the dividend. The announcement was made by TCS after market hours […]
India’s growth story Intact: JPMorgan’s Sanjay Mookim sees valuation edge, consumption boost
Despite muted equity market returns in the past year, long-term investor confidence in India remains strong, said Sanjay Mookim, Head of Research, JPMorgan, at the firm’s largest-ever India conference. Over 1,300 delegates and a record number of corporates participated, reflecting growing interest in India’s long-term growth story. Mookim acknowledged that Indian equities have been largely […]
Market Trading Guide: Naukri, Borosil Renewables among 4 stocks to buy on Tuesday for up to 10% gains – Stock Ideas
Stop Loss: Rs 282 Target: Rs 323 Hindustan Copper has staged a decisive breakout from a Cup & Handle formation on the daily timeframe, finishing the session with a strong bullish candlestick backed by volumes well above the 20-day average, signalling healthy accumulation. The stock is trading firmly above its 20, 50, 100, and 200-day […]
Ahead of Market: 10 things that will decide stock market action on Tuesday
The Indian market ended lower on Monday, after last session’s profit-booking, with IT stocks dragging the most after the U.S. sharply raised the one-time cost of H-1B visas to $100,000, rattling sentiment in a sector that had only recently shown signs of a rebound. The S&P BSE Sensex fell 0.56% to close at 82,323.62, shedding […]
India equities well-positioned, but returns to moderate; Nifty target at 26,500: Sanjay Mookim
Sanjay Mookim, Head of Research at JPMorgan, believes India’s equity market remains a strong long-term bet despite global headwinds, subdued economic growth, and foreign outflows. Speaking to ET Now, Mookim outlined his outlook on sector allocations, secondary market flows, and Nifty’s potential trajectory for the current fiscal. Moderate growth, reasonable returns Mookim cautioned investors to […]
H1-B visa hit may not be more than 5% but Indian IT firms must address US policy impact openly: Samir Arora
Helios Capital founder and fund manager Samir Arora said he does not see any material impact of US President Donald Trump’s H1-B visa executive order on Indian IT companies, estimating the hit could be 5% or less. However, he advised domestic tech firms to clearly communicate how they are responding to the perceived threat, instead […]
US stocks open lower after rally, Trump’s visa crackdown weighs
Wall Street‘s main indexes opened lower on Monday after rallying to record highs in the previous session, while uncertainty around President Donald Trump’s visa policies also dimmed sentiment. The Dow Jones Industrial Average fell 108.6 points, or 0.23%, at the open to 46,206.69. The S&P 500 fell 10.1 points, or 0.15%, to 6,654.28, while the […]
Warren Buffett’s Berkshire cashes out Munger’s blockbuster China EV bet after 17-year run
Warren Buffett’s Berkshire Hathaway has quietly wound down one of its most lucrative foreign bets, fully exiting a 17-year investment in Chinese electric-vehicle maker BYD, a stake originally championed by the late Charlie Munger and worth nearly $9 billion at its peak. Berkshire first bought 225 million BYD shares in 2008 for $230 million at […]
Pace Digitek announces price band for its Rs 819 crore IPO. Check dates and other details
Pace Digitek has fixed the price band for its upcoming IPO at Rs 208–219 per share. The Rs 819 crore issue will open for subscription on September 26 and close on September 30. The IPO is entirely a fresh issue of 3.74 crore equity shares, amounting to Rs 819 crore. Proceeds from the offering will […]