Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Sensex, Nifty end in the red: 5 key reasons behind today's market fall
The Nifty IT index emerged as the worst-performing sectoral gauge, dropping 4% after Accenture cut its revenue growth guidance. IT heavyweights Infosys, TCS, HCLTech, and Tech Mahindra were among the top losers on the Nifty.
Sensex Today Trades Higher | Nifty Above 24,000 | Infosys & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,000 | Infosys & Tech Mahindra Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 24,000 | Infosys & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,000 | Infosys & Tech Mahindra Top GainersEquitymaster
Tech Mahindra Ltd drops for fifth straight session
Tech Mahindra Ltd is quoting at Rs 1429.1, down 0.01% on the day as on 13:19 IST on the NSE. The stock tumbled 15.63% in last one year as compared to a 4.2% slide in NIFTY and a 27.97% fall in the Nifty IT index.
Sebi mulls easing executive remuneration disclosure norms for AMCs
Markets regulator Sebi on Wednesday proposed easing executive remuneration disclosure requirements for asset management companies (AMCs) by replacing individual name-wise disclosures with consolidated disclosures, citing industry concerns over privacy and competitive disadvantages. "This would provide a holistic and structured view of senior management compensation, enabling unitholders to assess the overall quantum of remuneration at the senior management level, while aligning the level of disclosure with considerations of materiality and proportionality," Sebi said in its consultation paper. Currently, mutual fund AMCs are required to disclose on their websites the remuneration of chief executive officers (CEOs), chief investment officers (CIOs), chief operating officers (COOs), the top 10 highest-paid employees, and all employees earning at least Rs 1.02 crore annually or Rs 8.5 lakh per month if employed for part of the year. Sebinoted that while listed AMCs are already subject
Tata Mutual Fund Curbs Large Inflows Into Gold ETFs Amid Record Surge in Demand
Tata Mutual Fund offers investors two routes to gain exposure to gold ETFs.
TCS, Wipro to Infosys: IT stocks bleed on AI and tech stocks selloff in global markets; Nifty IT dips 2%
The Nifty IT Index decreased by 2% on June 8, primarily due to significant losses in major stocks, particularly Wipro. Conversely, Tech Mahindra and a few others showed gains, helping to soften the index's drop.
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,450 | Bajaj Finance & Tech Mahindra Top GainersEquitymaster
ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni
HSBC Mutual Fund CEO Kailash Kulkarni urged investors to keep return expectations realistic, saying a 12% annual return is a strong outcome in equity markets. Speaking at the ET Alpha Wealth Summit, he highlighted export-led manufacturing as a key long-term opportunity and said AI could empower retail investors through better access to information.
IT Stocks Crash: TCS, Infosys and peers wipe out over ₹1.5 lakh crore of investor wealth
IT stocks have declined up to 9% on Wednesday, June 3, after witnessing a strong upmove over the two trade sessions. The Nifty IT index is down nearly 6%, with all 10 stocks trading with losses. Cumulatively, the stocks on the Nifty IT have wiped out over ₹1.5 lakh crore in investor wealth, with TCS contributing to more than half of that fall. Five out of the 10 Nifty IT constituents, TCS, LTM, Coforge, Persistent Systems and Tech Mahindra, are trading more than 5% down.
IT stocks crash! TCS, Tech Mahindra, Infosys, others drag down Nifty IT 4% intraday; check key factors behind fall - Upstox
IT stocks crash! TCS, Tech Mahindra, Infosys, others drag down Nifty IT 4% intraday; check key factors behind fallUpstox