Market News
Stay updated with the latest market trends, earnings, and economic indicators.
From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machine
Sanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now valued at Rs 41,300 crore. Early bets on companies like Zomato and Policybazaar have transformed India's digital landscape. Info Edge's strategic investments in AI and deeptech, even before the global surge, are yielding significant returns, positioning India as a hub for globally relevant tech companies.
US Market Crash: Nasdaq futures sink over 850 points amidst global tech meltdown
The Nasdaq was an underperformer on Monday as well, ending 1% lower, dragged by Alphabet, which declined 5% after the exit of two high-profile AI division engineers, who quit to join rivals OpenAI and Anthropic.
Raymond in talks to acquire German aerospace engineering firm Deharde: Exclusive
Raymond's recent ₹330 crore preferential issue had earmarked ₹248 crore for acquisitions. The company had identified sectors such as aerospace and space tech for acquisitions.
Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%
In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.
Tech Mahindra shares fall as Citi retains caution, says FY27 execution key for further outperformance
Citi has a "sell" rating on Tech Mahindra with a price target of ₹1,275 per share, a downside of 11% from its previous closing price.
Explained - Why are the stock markets declining on Tuesday
The markets are declining in-line with the global tech meltdown seen on Tuesday. South Korea's benchmark KOSPI ended 10% lower on Tuesday with trading being halted for a few minutes as the circuit limit was triggered.
Stocks slip as Big Tech drags Wall Street lower while oil eases and rate hike bets rise
U.S. markets ended mixed with the S&P 500 and Nasdaq falling on tech weakness, even as the Dow gained. Oil prices eased after U.S.-Iran talks, but rising Treasury yields and stronger Fed rate hike expectations pressured sentiment globally. Asian and
Syrma SGS Tech climbs after inking pact with Kaga Electronics to set up EMS facility
Syrma SGS Technology rallied 3.95% to Rs 1388.05 after the company entered into an agreement with Kaga Electronics India to develop EMS manufacturing facility in India through a joint venture (JV).
Infosys, TCS to Wipro - IT stocks fall up to 3% amid global tech stocks selloff - Mint
Infosys, TCS to Wipro - IT stocks fall up to 3% amid global tech stocks selloffMint
Infosys, TCS, HCLTech And Other IT Stocks Under Pressure On Weak Global Tech Cues
Back home, IT stocks traded mostly lower, with Infosys emerging as the top laggard, falling 2.22% to a current trading price of Rs 1,041.80. Tata Consultancy Services (TCS) declined 1.39% to Rs 2,098.20, while HCL Technologies slipped 1.24% to Rs 1,116.50.
This tech indicator suggests market is at crossroads; what to expect next?
An analysis of Nifty 500 stocks, reveals that nearly 50 per cent of the shares trade on either side of the long-term 200-day moving average; thus suggesting that the market is at crossroads currently.
Info Edge shares in focus as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 crore
Info Edge shares will be in focus after the company reported its AI startup portfolio has more than doubled to Rs 1,268 crore from Rs 614 crore. Overall startup investments are valued at about Rs 41,300 crore, driven by strong gains in consumer tech and steady growth in deeptech bets.