Stocks

Shares slip, dollar dominates as recession fears rise

Fresh disruption to energy supplies in Europe further raised concerns about the continent's economic outlook following hawkish signals from European Central Bank policymakers.

Nasdaq slumps more than 2% on fears of aggressive Fed

Ten of the 11 major S&P 500 sectors declined in mid-day trading, with information technology (.SPLRCT), consumer discretionary (.SPLRCD) and communication services (.SPLRCL) stocks down 2% each.

Tech-heavy Nasdaq leads Wall Street lower at open

The S&P 500 opened lower by 17.43 points, or 0.41%, at 4,266.31, while the Nasdaq Composite dropped 133.07 points, or 1.03%, to 12,832.27 at the opening bell.

Mcap of BSE-listed firms at all-time high of over Rs 280.52 lakh crore

Tracking rally in equities, the market capitalisation of BSE-listed firms jumped to Rs 2,80,52,760.91 crore on Thursday. Earlier on January 17, the market capitalisation (mcap) of BSE-listed firms had reached a lifetime high of Rs 2,80,02,437.71 crore.

Wall Street steady at open as investors assess Fed minutes

The S&P 500 (.SPX) opened lower by 0.91 points, or 0.02%, at 4,273.13, while the Nasdaq Composite (.IXIC) dropped 0.34 points to 12,937.79 at the opening bell.

Power mech Projects stock gains on bagging Rs 6200 cr order from Adani Group

The Hyderabad based construction and services company sain in a regulatory filing on August 18 that orders are for a quantum of 15 FGD retrofits to coal based units, whose sizes range between 330 MW and 660 MW.

Sona Comstar stock plunges after Blackstone sells stake in firm

CNBC TV-18 had earlier reported the American private equity firm would sell a 13.6 percent stake in the firm at Rs 500 per share and raise about Rs 4,000 crore from the transaction.

Jhunjhunwala stocks put up mixed show in first trading session after his death

His stake in Titan alone is worth Rs 11,000 crore, followed by Star Health and Metro Brands that cumulatively amounts to more than Rs 10,000 crore.

Ideas for profit | Page Industries: Strong earnings and expansion plans to drive the stock higher?

Page Industries reported record sales and net profit in the last quarter despite a steep increase in cotton as well as fuel prices. As the management aims to gain market share by aggressively enhancing the distribution presence and filling product gaps, MC Pro recommends buying the stock.

Paytm is testing March lows after July business update, IiAS stance on CEO's reappointment

The company in its monthly updates said its loan distribution business scaled to 2.9 million total loan disbursals during the month growing by 296 percent.

S&P 500 above three-month high on more signs of cooling inflation

Growth and technology stocks rebounded after data showed U.S. producer prices unexpectedly fell in July bolstering the chance of a 50-basis point hike by the Federal Reserve in September instead of 75 basis points.

Mazagon Dock stock spikes post strong Q1 earnings

The company that makes warships for the Indian Navy said it posted the highest ever revenue from operations for the June quarter at Rs 2230 crore, which was 84 percent higher from the same period last year.

Wall Street steadies after U.S. jobs report sell-off

The Dow Jones Industrial Average (.DJI) rose 73.89 points, or 0.23%, at the open to 32,877.36.

Blue Star rises on winning Rs 375 crore worth of orders

Blue Star on August 8 said it has secured three rural water supply orders from Odisha's department of rural water supply and sanitation, marking its foray into the water project business

Earnings, global cues to set market trend this week: Analysts

Foreign fund movement will also play a crucial role in deciding the trend, they added.

Ideas for profit | MAS Financial: Trading at steep discount to its IPO valuation; Should you buy?

MAS Financial has maintained high quality of earnings backed by decent growth in Q1FY23. With economic activity picking up and a stable funding scenario, we expect strong earnings growth in the next two years as well. Given the consistency and quality, MC Pro suggests the stock should find a place in your long-term portfolio. Watch the video to know if you should invest

Wall Street opens lower as strong jobs data fuels rate-hike worries

The Dow Jones Industrial Average fell 132.92 points, or 0.41%, at the open to 32,593.90.

Paytm down 2% as users face problems with its apps

The company later said it fixed the issue.

Wall Street opens flat after best performance in a week

The S&P 500 opened lower by 0.32 points, or 0.01%, at 4,154.85, while the Nasdaq Composite gained 6.89 points, or 0.05%, to 12,675.05 at the opening bell.

Ideas for profit | This SaaS co may gain from travel demand; Buy the stock amid market volatility

The largest software as a service (SaaS) company in the travel and hospitality industry in India is helping travel brands maintain rate integrity across multiple points of sale online, forecast demand and manage their online reputation. MC Pro advises investors to add this company’s stock gradually on decline for the long haul. Here’s why

Subex locked in 20% upper circuit after partnering with Jio Platforms

The company said in a regulatory filing that under the partnership, Jio will offer its Cloud Native 5G Core to telcos globally along with Subex’s HyperSense

Kansai Nerolac surges 11% on strong revenue growth

ICICI Securities underlines that despite strong revenue growth in Q1FY23, Kansai’s three-year revenue CAGR is still lower than industry leader amid market share loss in decorative paints.

Sensex, Nifty climb nearly 1%; IT, banking stocks shine

At the closing bell, the 30-share BSE benchmark jumped 547.83 points or 0.99 percent to settle at 55,816.32.

Sansera Engineering shares slump 7% after client recalls Rs 3,066-crore order

Sansera engineering makes a wide range of precision forged and machined components such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminium forged parts