BUSINESS
Sensex flatlines, Nifty ends below 24,800 amid heightened volatility
The indices have been in consolidation mode for several sessions under the weight of China stimulus hopes, continuous FII selling, geopolitical uncertainty, and weaker-than-expected Q2 FY25 earnings.
BUSINESS
Sensex, Nifty wipe out morning gains as broad-based sell-off hits market
All 13 sectoral indices were in the red, led by steep declines in FMCG and auto indices, both dropping over 1 percent.
BUSINESS
Tech Mahindra to prioritise margins over large deals for now
The Pune-based company's focus on boosting margins is reflected in its Q2Y25 performance, with margins rising by 110 basis points quarter-on-quarter to 9.6 percent.
BUSINESS
Sensex, Nifty snap 3-day slump; banking, metal stocks lead gains
Metals made a comeback, with the Nifty Metal index snapping a four-session losing streak and gaining nearly 2 percent led by Tata Steel and Hindalco.
BUSINESS
Wipro shares soar almost 5% as Q2 earnings beat street expectations
BUSINESS
Sensex, Nifty in red as most sectoral indices drown in losses
Persistent FII selling, weak earnings from marquee companies, and geopolitical concerns have been weighing on investor sentiment.
BUSINESS
Wipro's Q2 earnings gets mixed reactions from brokerages
Morgan Stanley, which holds an 'underweight' rating with a target price of Rs 500, expects Wipro to continue underperforming due to its sluggish revenue growth compared to peers, with limited chances of near-term improvement.
BUSINESS
Infosys to be impacted by salary hikes, furloughs, fewer working days in H2FY25
When asked about tailwinds that might aid margins, he said Project Maximus, pricing, and role ratios optimisation will help in the last two quarters.
BUSINESS
Wipro not concerned about slow deal conversion as net new bookings seem good
Wipro reported 19 large deals in Q2 FY25, spanning deals such as cost reduction, vendor consolidation, application modernisation, and cloud operation.
BUSINESS
Wipro ADR slides 4% post Q2 results on lower guidance for December quarter
For the December quarter, Wipro expects IT Services revenue to range between $2,607 million and $2,660 million, implying a sequential guidance of (-)2.0 percent to 0.0 percent in constant currency terms.
BUSINESS
Infosys ADR falls nearly 4% on NYSE following Q2 results
Infosys registered a 2.3% increase in revenue in its BFSI unit in constant currency terms in the second quarter, its best growth in the segment in seven quarters.
BUSINESS
Indices dip into the red for the third session amid underwhelming earnings and FII selling
The broader market wasn't spared either, as BSE Midcap and BSE Smallcap indices both fell by 1.5 percent.
BUSINESS
Short Call | Will Canada's billions stay in India? Rallis India, BSE, and Bharti Airtel in focus
There is a tendency to look to the past and say, these things have done well and therefore that's the way you should invest -- as opposed to saying where are the greatest investment opportunities going forward. - Bill Miller
BUSINESS
Indices end in red; Nifty closes below 25,000-mark as IT, auto stocks drag index
Nifty IT and Nifty Auto indices were the worst hit sectoral indices today, both falling over 1 percent each.
BUSINESS
Tech Mahindra Q2 Earnings Preview: Revenue growth likely to be muted, but margins could expand
Tech Mahindra's margins are likely to expand in the September quarter because of easing supply-side constraints, lower visa costs, falling attrition, improved utilisation, and reduced subcontracting costs
BUSINESS
Sensex, Nifty flat amid weakness in global markets; IT, auto stocks drag
Analysts believe that the key factor driving the market in the coming days will be earnings results rather than the timing of the rate cut, which remains uncertain.
BUSINESS
Sensex, Nifty end lower as hopes of rate cut by RBI fizzle out; oil & gas, auto stocks drag
Investor sentiment took a hit after the release of a hotter-than-expected inflation report on October 14, dampening hopes of a rate cut by the Reserve Bank of India.
BUSINESS
Mid-day Mood | Sensex, Nifty slip as hot inflation print dampens hopes of rate cut by RBI
Ten out of the 13 sectoral indices were in the red. The Nifty Auto index fell over a percent, as the prospects of delayed rate cuts spooked investors in the auto sector, which relies heavily on bank loans to drive sales.
BUSINESS
Sensex, Nifty turn flat after positive start; oil & gas, auto stocks weaken
Nifty Metal index declined by almost a percent, extending its losses from the previous session. The index was weighed down by shares of Tata Steel, Hindalco, and Vedanta.
BUSINESS
Brokerages boost HCLTech's target price on Q2 earnings beat, revenue guidance upgrade
HCLTech delivered a strong broad-based growth across verticals. HCLTech's Engineering and R&D Services, HCLSoftware, and IT and Business Services grew 1.1 percent, 1.4 percent, and 1.8 percent sequentially.
BUSINESS
Infosys Q2 Earnings Preview: Revenue set to rise amid deal ramp-ups and Gen AI push
A ramp-up of mega deals, volume growth, the in-tech acquisition, seasonal strength, and a continued recovery in the BFSI vertical are expected to drive the topline growth.
BUSINESS
Analyst Call Tracker: Sell calls mount for Wipro amid slow growth
A key factor in the downgrades is Wipro's slower-than-expected revenue growth, as highlighted by several brokerages.
BUSINESS
Sensex, Nifty close in green ahead of India inflation report; banks, IT lead gains
Nifty Bank, which had lost 5 percent in the last two weeks, rose more than 1 percent, with HDFC Bank and ICICI Bank leading the charge.
BUSINESS
HCLTech Q2 Earnings Preview: Revenue likely to grow but profit may feel the heat
HCLTech's revenue growth is projected to be driven by the low base of Q1FY25 and the ramp-up of recent deals.
