BUSINESS
Infosys, Wipro among top Nifty50 losers on Accenture's muted FY24 guidance
On the New York Stock Exchange in the overnight US trading, the American Depository Receipts (ADRs) of technology giants Infosys and Wipro slumped up to 3 percent on September 28
BUSINESS
Nifty Realty tops sectoral charts in a month: What’s driving the rate-sensitive sector’s surge?
Investors expect the realty index to outperform other major indices in the second half of FY24 on the hopes of rate cuts ahead
BUSINESS
Promoter selling at six-year high, auto, capital goods drive bulk of selloff
Analysts say the promoter selloff largely reflect strategic compulsions (debt management), whereas PE exits are the outcome of tactical (price) considerations
BUSINESS
Auto stocks in fast lane this month as festive season nears: Is there more steam left?
So far, the BSE Auto index has gained 3 percent this month whereas related stocks from the sector like Maruti Suzuki, M&M, Tata Motors, Bajaj Auto, Eicher Motors and Hero MotoCorp surged in the range of 2-8 percent
BUSINESS
JPMorgan's India bond inclusion to bolster trailing rupee
The decision will move strengthen the rupee, as passive inflows are expected to be around $10-15 billion, independent market analyst Ambareesh Baliga has said
BUSINESS
Fed’s hawkish pause has markets on alert. Will it keep Sensex, Nifty in check?
Analysts believe that the upward movement in US bond yields after the Federal Reserve's latest decision can play a spoilsport for Indian markets in the near term
BUSINESS
Canadian pension fund-held stocks in India fall as diplomatic row heats up
India-Canada relations have taken a hit in the last few days as Canadian Prime Minister Justin Trudeau alleged involvement of India in the killing of Khalistan Tiger Force Chief Hardeep Singh Nijjar, a few months back
BUSINESS
PSU stocks' rally may press govt for disinvestment as election spend squeezes fiscal space
On a year-to-date (YTD) basis, the S&P BSE PSU index has rallied 25 percent, led by triple-digit returns from Mazagon Dock (up 186 percent), Rail Vikas Nigam, and IRCON International, during the same period.
BUSINESS
Boiling crude prices, lower traffic may spell trouble for aviation sector in Q2, say analysts
Prices of Brent Crude have surged 20 percent to $94 per barrel, pushing average ATF prices up 6.8 percent from the previous quarter.
