Stock Market

Next year’s optimism for India is driven by strong corporate earnings, a post-pandemic retail boom and an economy set to grow by 6% in the next fiscal year In a year when Indian equities emerged as the best performers in Asia and the…

US stocks settled higher overnight and Asian markets too were up in the early Friday’s trade. All eyes will be on the listing of Elin Electronics Benchmark indices are likely to open on a positive note on the last trading session of…

As of last close, Suven had a market capitalization of 126 billion Indian rupees Private equity major Advent International will buy a 50.1% stake in Suven Pharmaceuticals Ltd from its promoter Jasti family and consider merging it with a…

The strategy and consulting business will suffer a slight decline in sales in the second quarter, said CEO Julie Sweet, adding that the weakness is coming from industries such as retail and consumer goods Accenture Plc on Friday outlined…

Many analysts have a neutral rating on the issue with some advising to subscribe. They recognise diversified portfolios and an advanced operating model but also see several operational risks. The initial public offer (IPO) of Fusion…

Back in March 2020, soon after the LIBOR-OIS spread indicated there was stress in the US money market, the Federal Reserve had announced an infinite quantitative easing programme. The difference between the three-month forward London…

South Korea joined a growing list of interventions on Wednesday, with the central bank saying it will buy as much as $2.1 billion worth of sovereign debt. After some of the most dramatic declines in global financial markets since the…

Sensex was up 280 points to 59,483 while Nifty50 gained 74 points to 17,636. Sharp gains in shares of Axis Bank, Kotak Mahindra Bank, Hindustan Unilever, Apollo Hospitals, Titan and HDFC Life Insurance pulled up the indices. Axis…

All major trading economies saw imports and exports rise above pre-pandemic levels in the fourth quarter of 2021, with trade in goods increasing more strongly in the developing world than in developed countries. UNCTAD’s Global Trade…

Synopsis As for the September quarter, PVR logged a significant fall in footfalls owing to a number of factors at play. Nonetheless, the brokerage iterated that given the encouraging start to Q3FY23 and the strong movie pipeline, PVR could…