Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Top Gainers & Losers on June 2: Newgen Software Tech, Concord Biotech, TCS, HFCL, NMDC among top gainers
On June 2, Indian stocks rebounded with benchmarks up over 0.5%, driven by technology shares. The Nifty 50 and Sensex closed at 23,506 and 74,692, respectively. However, India fell to seventh in global market capitalisation due to overseas selling and weak earnings growth.
Coforge climbs on launch of insurance-focused AI platform
Coforge jumped 4.24% to Rs 1,523 after the IT services company announced the launch of its Nexa Agentic AI Platform, a new artificial intelligence-powered business platform aimed at the global insurance industry.
Analysts split on Cyient after $218-mn TAO Digital acquisition; stock up 2%
While Emkay Global retained its 'Reduce' rating on Cyient, Choice Institutional Equities maintained a 'Buy' call, reflecting contrasting views on the strategic and financial implications of the deal
Coforge shares gain over 2% after unveiling agentic AI platform for insurance industry
Coforge's stock saw a boost following the launch of its "Nexa Agentic AI Platform," designed to enhance the global insurance industry. This innovative platform integrates AI capabilities over existing systems, aiming to accelerate product launches, improve underwriting efficiency, and streamline claims processing without requiring core system replacements.
TCS, Infosys Rally 6% On Global AI Frenzy; Nifty IT Index Jumps For Second Straight Day
TCS, Infosys rallied 6% intraday, extending gains for the second session on Tuesday.
Coforge launches Nexa Agentic AI Platform for insurance industry
Coforge announced the launch of Nexa Agentic AI Platform', a next generation insurance business platform designed for the global insurance industry, marking a significant advancement in how insurers operationalize AI to drive measurable business outcomes.
Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check details
Wipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership to 80%. This move aims to bolster Wipro's position in the insurance sector, particularly in AI-led transformation solutions for the P&C segment. The transaction is expected to conclude by June 5.
Dalal Street set to open lower amid sharp decline in GIFT Nifty
Indian equities faced pressure on Monday, mirroring Friday's weakness, with Nifty declining 0.7%. Analysts anticipate a range-bound market with a slight negative bias due to persistent FII selling and global uncertainties. Focus is expected to shift to stock-specific opportunities in the midcap segment.
Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, Wipro
Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP issue, Eicher Motors reported a 15% sales rise, and Axis Bank increased its stake in Axis Max Life Insurance.
Global Real Assets Trust Prf 1 Share Price Today | TSX: GLRA_pa - Investing.com India
Global Real Assets Trust Prf 1 Share Price Today | TSX: GLRA_paInvesting.com India
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast lane
Indian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit increases. Despite global challenges, consumer demand remained strong. This positive trend extended to utility vehicles and electric vehicles. Farm equipment sales also performed well. The automotive sector shows resilience and continued momentum.
Stocks to Watch for June 2: Wipro, NMDC, PNC Infra, Ola Electric and more
From Wipro's step-down subsidiary, Wipro IT Services, LLC, plans to acquire an additional 20% stake in Aggne Global Inc for $28.5 million to PNC Infra receiving a Letter of Acceptance (LOA) from the Lucknow Development Authority for a flyover construction project; here are some stocks to track ahead of Tuesday trading session.