Market News
Stay updated with the latest market trends, earnings, and economic indicators.
INR settles higher, supported by good recovery in local equities
The Indian rupee appreciated by 7 paise to settle at 95.41 (provisional) against the US dollar on Thursday even as crude oil prices firmed up and the greenback strengthened in the global markets. A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. At the interbank foreign exchange market, the rupee opened lower by 4 paise at 95.52 against the US dollar and later traded in the range of 95.58 to 95.28 during the day. It settled at 95.41 (provisional), up 7 paise from the previous close. The rupee had declined by 52 paise to settle at 95.48 against the US dollar on Wednesday. Indian shares ended modestly higher on Thursday, after having fallen heavily in the previous session amid escalating hostilities in the Middle East. At the close of the market, the NSE Nifty 50 advanced 80.75 points (0.34%) to settle at 23,962.80, while the BSE Sensex gained 238.22 ...
Sun Pharma among 4 stocks to hit 52-week highs & rally up to 25% in a month
The Sensex ended higher as select BSE 200 stocks touched fresh 52-week highs. FSN E-Commerce Ventures, Titan, Sun Pharmaceutical Industries and Lenskart Solutions led the momentum.
SBI Funds IPO: Holding State Bank Of India Shares? Here Is How To Claim Your Special Quota
Unlike some public issues that offer a concession to retail investors, SBI shareholders will not receive any discount on the issue price.
Market recovers after sell-off; Nifty closes above 23,950
Benchmark indices rebounded on Thursday after the previous session's sharp sell-off, supported by broad-based buying and improving global sentiment. The Nifty closed above the 23,950 mark as easing geopolitical concerns after US President Donald Trump said a renewed war with Iran was unlikely. Meanwhile, renewed FII buying in domestic shares, a steady rupee and optimism ahead of the Q1 earnings season lifted investor sentiment. Broader markets outperformed the benchmarks. PSU banks and consumer durables stocks led the gains. IT and auto shares, however, remained under pressure.
TCS adds over 9,200 employees in fastest hiring quarter in nearly four years
TCS added 9,279 employees in the June quarter, recording its fastest headcount growth in 15 quarters despite AI-led hiring caution. Attrition eased, while the company continued investing in AI infrastructure, capabilities and future-ready skills.
India’s defence stocks are expensive for a good reason
Defence stocks in India are trading at a 50% premium to global peers because growth has yet to unfold.
Sensex Today Ends 238 Points Higher | Nifty Above 23,950 | Swiggy Up 6% - Equitymaster
Sensex Today Ends 238 Points Higher | Nifty Above 23,950 | Swiggy Up 6%Equitymaster
Sensex Today Ends 238 Points Higher | Nifty Above 23,950 | Swiggy Up 6% - Equitymaster
Sensex Today Ends 238 Points Higher | Nifty Above 23,950 | Swiggy Up 6%Equitymaster
Datamatics Global rises after securing digital transformation mandate from North American logistics provider
Datamatics Global Services advanced 2.62% to Rs 865 after the company announced that it has been selected by a leading North American transportation and logistics company to implement an enterprise-wide Salesforce CRM platform.
Top Gainers & Losers on 9 July: Kalyan Jewellers, Swiggy, Kaynes Tech, Anant Raj, Thermax among top gainers - livemint.com
Top Gainers & Losers on 9 July: Kalyan Jewellers, Swiggy, Kaynes Tech, Anant Raj, Thermax among top gainerslivemint.com
Global Shipping At Risk? Hormuz Traffic Grinds To A Near Standstill After Iran-US Strikes
Hormuz shipping slows sharply as US-Iran conflict disrupts one of the world's busiest sea lanes.
NITI Aayog holds stakeholder consultation on critical mineral demand, supply chain security amid rising clean energy needs
NITI Aayog convened experts to assess India's future critical mineral needs. Discussions focused on demand, supply chain vulnerabilities, and domestic capabilities. India's clean energy and advanced manufacturing expansion will drive mineral demand. The nation faces import dependency, requiring supply source diversification and domestic value chains. These efforts aim to secure long-term economic and national security objectives.