The Nifty 50 extended its decline for a third straight session on Friday, weighed down by a sharp sell-off in IT stocks, snapping its three-week winning streak. The index opened with a 73-point gap-down amid weak global cues and a spike in crude oil prices, and remained under pressure for most of the session. A…
Shares of Trent Limited saw a modest recovery in the latest trading session, rising nearly 2 per cent after witnessing a sharp decline a day earlier. The stock had come under pressure following investor concerns around the company’s fundraising plans, despite reporting positive quarterly results. In the previous session, Trent shares slipped around 4 per…
1 / 14 Reliance Industries | West Asia war impacts O2C business in-line with expectations with higher material costs impacting margins. Revenue stood at ₹2.94 lakh crore from ₹2.65 lakh crore last quarter. EBITDA at ₹44,141 crore from ₹46,018 crore, margins at 15% from 17.4%. Retail business saw strong revenue growth of 11% from last…
1 / 7 A total of over 100 companies will be reporting their results this upcoming week. Majority of those will be reported between Monday and Thursday since Friday is a market holiday. A total of 20 to 30 companies will be reporting their results daily during this week. Here’s a look at that list….
Paytm Payments Bank Limited (PPBL) has initiated the process of winding up its operations after the Reserve Bank of India (RBI) cancelled its banking licence, with the board and shareholders approving the move at a meeting held on April 25. Paytm said the resolutions for voluntary winding-up were passed a day after the RBI’s decision…
Private lender IndusInd Bank delivered a steady March quarter performance, with profit surpassing Street expectations even as revenue remained largely in line, according to a note by Nuvama Institutional Equities. The improvement in earnings was primarily supported by lower operating expenses and a moderation in credit costs. The bank reported a sequential rise in net…
Speaking during the Q4 earnings interaction, with ET NOW, Axis Bank’s Chief Financial Officer Puneet Sharma responded to a series of queries from analysts, noting at the outset that he would address a few key points before inviting Amitabh Chaudhry to take over for the remaining discussion. However, he offered reassurance on its performance, highlighting…
Stock market holiday next week: The Indian stock markets are closed for two days in the upcoming month of May. The leading stock exchanges – Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be shut for trading on May 1 in observance of Maharashtra Day. Friday, May 1 holiday is the first…
As the earnings season is in its peak, a total of 208 BSE and NSE-listed companies are scheduled to declare their earnings for the fourth quarter ended March 31, 2026, this week, starting April 27 to May 2. Major companies like Coal India, Adani Total Gas, Varun Beverages Ltd, Bandhan Bank, Castrol India, Ceat, Eternal,…
Texas Instruments Inc. shares surged in late trading after the chipmaker gave a surprisingly strong forecast, helped by booming spending on data centres and industrial equipment. Revenue will be $5 billion to $5.4 billion in the second quarter, the company said in a statement on Wednesday. Analysts had estimated $4.85 billion on average, according to…
