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Accenture forecast brightens outlook for Indian IT firms, brokerages upbeat on Infosys, HCL Tech, TCS

BUSINESS

Accenture forecast brightens outlook for Indian IT firms, brokerages upbeat on Infosys, HCL Tech, TCS

Brokerage firm Credit Suisse says a pick-up in Accenture’s revenue growth and strong bookings augur well for the demand environment.

Taking Stock | Market extends gains into 5th session in a row; Sensex inches close to 47k

BUSINESS

Taking Stock | Market extends gains into 5th session in a row; Sensex inches close to 47k

Mid and smallcaps underperformed and their sectoral indices on BSE fell up to 0.23 percent.

Year-ender 2020 | Nifty Realty remains an underperformer in 2020; will 2021 be different?

BUSINESS

Year-ender 2020 | Nifty Realty remains an underperformer in 2020; will 2021 be different?

While most sectors rallied after the March selloff triggered by the outbreak of COVID-19, realty remained tepid and like PSU bank stocks, witnessed cold responses from investors.

NMDC share buyback begins; should you tender shares?

BUSINESS

NMDC share buyback begins; should you tender shares?

"The board approved a proposal for buyback of 13,12,43,809 fully paid-up equity shares of a face value of Re 1 each from the company's shareholders at a price of Rs 105 per equity share payable in cash," NMDC said.

Taking Stock | Market at record high again, investors richer by Rs 1.5 lakh crore

BUSINESS

Taking Stock | Market at record high again, investors richer by Rs 1.5 lakh crore

The rally was broad-based as the mid and smallcaps were in sync with the largecaps. BSE midcap and smallcap indices closed 0.87 percent and 0.88 percent higher.

Year-ender 2020 | Nifty PSU Bank worst of the bloc, will 2021 be better?

BUSINESS

Year-ender 2020 | Nifty PSU Bank worst of the bloc, will 2021 be better?

The PSU Banks were just recovering from the bad-loan crisis when the coronavirus pandemic hit the sector.

Taking Stock | Market ends flat, Nifty holds 13,500; US Fed outcome in focus

BUSINESS

Taking Stock | Market ends flat, Nifty holds 13,500; US Fed outcome in focus

The ongoing US Fed meet is the top trigger for the market along with American stimulus talks, say experts.

Stock market rally to continue in 2021 and Nifty may hit 15,000, conditions apply

BUSINESS

Stock market rally to continue in 2021 and Nifty may hit 15,000, conditions apply

JPMorgan expects Nifty to cross 15,000 by December 2021, while global brokerage firm BNP Paribas expects the Sensex to hit 50,500 in the year 2021.

Taking Stock | Market logs gains for second consecutive day; oil & gas, metal counters shine

BUSINESS

Taking Stock | Market logs gains for second consecutive day; oil & gas, metal counters shine

Midcaps and small-caps outperformed as the BSE midcap and smallcap indices logged gains of 0.79 percent and 0.74 percent, respectively.

ONGC shares jump 23% in December so far; brokerages expect 24% upside

BUSINESS

ONGC shares jump 23% in December so far; brokerages expect 24% upside

The stock has been witnessing decent traction of late as positive COVID-19 vaccine developments are fuelling hopes of a quicker-than-previously-expected recovery in oil demand.

Positivity prevails but market ripe for profit-booking; here are top analysts' views

BUSINESS

Positivity prevails but market ripe for profit-booking; here are top analysts' views

The S&P BSE Sensex climbed Mount 46K while the Nifty50 rose above 13500 for the first time in the week gone by.

Visible trends of recovery bring the auto sector on investors' radar; should you buy?

BUSINESS

Visible trends of recovery bring the auto sector on investors' radar; should you buy?

Global brokerage firm CLSA, as per CNBC-TV18, expects the passenger vehicle (PV) segment to outperform in FY22. It has increased FY21-23 PV forecasts by 7-9 percent and for two-wheelers (2Ws) by 1-3 percent.

Tyre stocks poised for a smooth run; Balkrishna, MRF, CEAT on analysts' radar

BUSINESS

Tyre stocks poised for a smooth run; Balkrishna, MRF, CEAT on analysts' radar

In Q2FY21, all the tryre companies registered strong EBITDA margins due to cost-cutting, scale benefits and lower commodity and raw material prices.

Market ended higher for the week but will the trend hold? Here's what analysts have to say

BUSINESS

Market ended higher for the week but will the trend hold? Here's what analysts have to say

Foreign institutional investors continued to remain net buyers while domestic institutional investors were net sellers in the week gone by.

After The Bell: Market logs gains for 4th consecutive session; what should investors do on Thursday?

BUSINESS

After The Bell: Market logs gains for 4th consecutive session; what should investors do on Thursday?

Volatility may remain high due to mixed global cues and earnings season.

Should you tender shares in Wipro buyback? Here is what analysts have to say

BUSINESS

Should you tender shares in Wipro buyback? Here is what analysts have to say

The buyback size is 4.16 percent of the total paid-up equity share capital of the company. The promoter group will also participate in the buyback.

US elections 2020 a significant event for the Indian market, but not the Trump vs Biden debate

BUSINESS

US elections 2020 a significant event for the Indian market, but not the Trump vs Biden debate

The market is likely to witness heightened volatility as we approach the US elections. The US will conclude its 59th quadrennial on November 3, 2020.

Weekly dossier: N Jayakumar, Nischal Maheshwari, Taher Badshah and others on market, investment ideas

BUSINESS

Weekly dossier: N Jayakumar, Nischal Maheshwari, Taher Badshah and others on market, investment ideas

As the texture of the market still appears to be bullish, analysts see the market will take a leap further in the coming sessions.

MF September data shows significant churn in sector and stock allocation; what should investors do?

BUSINESS

MF September data shows significant churn in sector and stock allocation; what should investors do?

Mutual funds were net sellers in equities in September, in continuation of selling done in the previous three months. In October, so far, also they have continued to sell equities.

Should you be cautious amid flurry of IPOs and post-listing frenzy?

BUSINESS

Should you be cautious amid flurry of IPOs and post-listing frenzy?

It appears the Indian market is awash with IPOs. With the sharp turnaround in secondary markets after the March lows, the primary market, too, has rebounded after witnessing a dull first half.

Vedanta's delisting seems to have failed, what next for public shareholders

BUSINESS

Vedanta's delisting seems to have failed, what next for public shareholders

Equity shares of the company and those tendered by the shareholders in the delisting offer will continue to remain listed on the exchanges for now.

Sensex, Nifty jump 4% last week; will the rally sustain? Here's what 10 top analysts say

BUSINESS

Sensex, Nifty jump 4% last week; will the rally sustain? Here's what 10 top analysts say

Going ahead, markets are expected to witness sectoral churning and the benchmark index might remain subdued with stock-specific movements.

Vedanta delisting offer garners healthy response; at what price should you tender shares?

BUSINESS

Vedanta delisting offer garners healthy response; at what price should you tender shares?

The reverse book-building process for public shareholders to tender their shares started on October 5 and will conclude on October 9.

Investors building in high hopes from Q2 earnings; can tepid numbers spook market?

BUSINESS

Investors building in high hopes from Q2 earnings; can tepid numbers spook market?

There seems to be a widespread hope that the September quarter numbers will show the strong emergence of India Inc. from COVID-19 gloom.

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