Latest business news
IT major Tata Consultancy Services, brokerage firm Anand Rathi are all set to kickstart the fourth quarter earnings season next week. Other than TCS, other mid-cap companies will also be declaring their financial results for the January–March quarter of FY25 in the coming week. These updates will provide initial insights into how Indian companies fared…
Buy or sell: Broader indices underperformed this week, largely due to concerns surrounding U.S. tariffs. After U.S. tariffs announcement the IT sector led the decline, shedding nearly 8%, followed by the metal sector with a 7% drop, and capital goods falling by 4%. Mid-cap and small-cap indices were also under pressure, losing approximately 1–3%. Meanwhile,…
Stocks to buy under ₹200: Following Donald Trump’s tariffs shock, the Indian stock market crashed heavily on Friday. The Nifty 50 index tanked 345 points and closed at 22,904, the BSE Sensex nosedived 930 points and closed at 75,364, and the Bank Nifty index went off 94 points and finished at 51,502. The BSE Small-cap…
Anand Rathi Group’s Brokerage Arm, Anand Rathi Share and Stock Brokers Ltd, has refiled its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise over ₹745 crore via Initial Public Offering (IPO). The company had filed its DRHP in the month of December 2024. The IPO…
Buy or Sell: The Nifty Index ended the week at 23,519, holding firmly above the critical support level of 23,000. The Indian stock market closed with marginal gains, but investor sentiment remained subdued due to concerns surrounding U.S. economic indicators and trade policies. Also Read | Wipro’s mega deal win ushers confidence, but it has…
Stocks to buy for short term: Indian stock market benchmark Nifty 50 ended with a healthy gain of over 4 per cent last week, logging the largest weekly rise in more than four years, with shares of SBI Life Insurance, Shriram Finance and HDFC Life Insurance jumping 9-11 per cent. Comfortable valuations, signs of foreign…
