Nifty IT, the sectoral index that tracks the performance of leading IT companies in India, slipped over 1 per cent ahead of TCS’ earnings announcement due later in the day. The sector’s losses were led by Infosys, LTIMindtree, HCLTech, and others. Source link
In the previous trading session, Oil & Natural Gas Corpn Ltd surged to a closing price of 247, marking a 1.15% gain. Bajaj Auto Ltd advanced to 10164, up 0.54%, while Hindalco Industries Ltd increased to 971.65, a rise of 0.22%. Coal India Ltd edged up to 429.05, gaining 0.02%. Conversely, Jio Financial Services Ltd…
Shares of Reliance Industries, Exide Industries and Amara Raja Energy & Mobility are expected to remain in focus on Thursday, July 9, after the Centre exempted customs duty on select goods used in the manufacture of lithium-ion cells. The move is expected to reduce the cost of importing key raw materials and components, lowering input…
China’s consumer prices rose more slowly than expected, and factory inflation showed signs of peaking after a pullback in commodity costs with an easing of tensions over Iran last month. The consumer-price index decelerated to 1% in June from a year earlier, compared with a gain of 1.2% in the previous month, according to data…
Indian stock market sees sharp sell-off The domestic market was among the worst-hit equity markets, with the NSE’s Nifty 50 falling more than 2 per cent to settle at 23,882.05. The BSE Sensex also ended 2.2 per cent lower at 76,503.60. All 30 constituents of the Sensex closed in the red, with IndiGo emerging as…
Shares of Graphite India Ltd. are in focus on Thursday, July 9, after the company said it is shutting its Graphite Specialties and Coating Divisions in Germany. The company said the lasting impact of the Russia-Ukraine war and weak demand have adversely impacted the competitiveness of the Graphite Specialties and Coating divisions in Germany. As…
Gold and silver prices on the Multi-Commodity Exchange (MCX) were not trading at the time of writing this report. However, following the US strike on Iran, gold futures settled more than 1 per cent lower at Rs 143,650 per 10 grams, while silver futures settled at Rs 223,079 per kg. Source link
Leading the list is TCS, India’s largest IT services company, whose quarterly earnings are expected to set the tone for the information technology sector. Market participants will watch TCS’ revenue growth, deal wins, operating margins and management’s outlook on demand amid global macroeconomic uncertainties. Source link
Sensex Today | Stock Market LIVE Updates: What could dampen sentiments is the fact that these developments come just as the market had begun to look past them and look forward to the results season that begins today with TCS reporting after market hours. IT stocks will remain in the spotlight today. For the bulls…
SBI Funds Management Ltd., the asset management arm of State Bank of India, has announced the price band for its ₹11,692.91 crore initial public offering (IPO). The issue, which opens next week, is set to become India’s biggest IPO of 2026 so far. The company has fixed a price band of ₹545 to ₹574 per…
