Leading IT services player Infosys Ltd on Thursday announced a buyback of Rs 18,000 crore through a tender route, its biggest ever since listing. The Bengaluru-based IT major will buyback about 10 crore shares, representing 2.41% of equity at Rs 1,800 apiece, which will be 19% premium over the current market price. Under a buyback […]
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian market ended in the green on Thursday,with the Nifty 50 stretching its winning streak to a seventh session after U.S. President Donald Trump said he planned to speak with Prime Minister Narendra Modi to ease trade frictions. Hopes of revived tariff talks outweighed profit-taking in IT shares, while recent cuts to the goods […]
Lesson from Larry Ellison’s playbook: 10-15 good days can shape your investment journey, says Gurmeet Chadha
Just 10-15 good days can shape one’s investment journey, says Gurmeet Chadha, Managing Partner & CIO at Complete Circle Consultants, taking a leaf out of Oracle Corporation’s co-founder and chairman Larry Ellison’ rise in fortune. Emphasising on the power of equity, Chadha in a tweet suggested investors to think long term. “Larry Ellison’s net worth […]
US stocks opens higher after inflation data keeps rate cut bets firm
Sept 11 – Wall Street’s main indexes opened slightly higher on Thursday after the latest inflation reading kept the U.S. central bank on track to deliver an interest rate cut later this month. The Dow Jones Industrial Average rose 86.2 points, or 0.19%, at the open to 45,577.09. The S&P 500 rose 22.4 points, or […]
Textile companies to take 5-10% revenue hit amid Trump’s 50% tariff, says Crisil
India’s home textile makers could be staring at a 5–10% decline in revenue this fiscal after the US imposed 50% tariffs on August 27, according to Crisil Ratings. With exports to the US contributing nearly three-fourths of the industry’s revenue, the blow is significant, but Crisil says it could be cushioned by a few mitigating […]
Market Wrap: Nifty extends rally to Day 7, Sensex rises 123 pts on U.S.-India trade revival hopes
Indian stocks ended higher on Thursday, with the Nifty 50 stretching its winning streak to a seventh session after U.S. President Donald Trump said he planned to speak with Prime Minister Narendra Modi to ease trade frictions. Hopes of revived tariff talks outweighed profit-taking in IT shares while recent cuts to the goods and services […]
Trent shares down nearly 40% from record high. Why are analysts predicting more pain?
Trent, Tata Group’s retail star that delivered a staggering 640% return in five years, is losing steam. The stock is down nearly 40% from its record high of Rs 8,345, and Kotak Institutional Equities warns it could slip below Rs 5,000, maintaining its Reduce call. The brokerage has slashed its FY2026–28 earnings estimates by 3–7%, […]
Vinit Sambre identifies semiconductors, energy and healthcare as high-potential growth sectors
Indian markets continue to showcase resilience amid persistent global uncertainty, and investors are looking for the next pockets of growth beyond traditional sectors like autos. Vinit Sambre, in a detailed discussion with ET Now, highlighted key areas where profit pools are emerging, particularly in semiconductors, energy transition, and healthcare. “So, as I mentioned, we have […]
F&O Radar | Deploy Bull Call Ladder Spread in Nifty for potential gains from bullish stock placement
Lupin shares are currently trading at Rs 1,979.70 and have been consolidating over the past few months, signaling a healthy base-building phase. On the daily timeframe, the stock is showing early signs of a reversal and is on the verge of breaking out from a falling trend line that has acted as a key resistance […]
HAL shares rise over 1% on receiving third GE-404 engine from US for LCA Mark-1A
Shares of Hindustan Aeronautics Ltd (HAL) gained 1.5% to touch a day’s high of Rs 4,624.40 on the BSE on Thursday, after the state-run aerospace major confirmed progress on its LCA Tejas fighter jet engine procurement programme. According to previous ET reports, HAL has received the third GE-404 engine from the United States for the […]