Markets

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Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Retail inflation for May dropped to 2.18 percent while factory output (IIP) came in at 3.1 percent; Wipro goes ex-bonus from June 13 (due to 1:1 bonus ratio).

Jun 13, 2017

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Reliance General Insurance to be listed on bourses by FY18

Reliance General said its Board has approved a proposal to independently list the company-a subsidiary of Reliance Capital Ltd on the stock exchanges.

Jun 13, 2017

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Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

In a regulatory filing with the US SEC, Wipro had said Donald Trump's policies could affect its business; Infosys trading higher, Biocon up on GST Council reducing tax rate for insulin.

Jun 12, 2017

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Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.

Jun 11, 2017

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FTSE soars on sterling weakness, shock vote result hits house-builders

Sterling fell as much as 2.4 percent, providing a boost to the internationally-focused, exporter-heavy blue chip index.

Jun 9, 2017

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Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

Share prices of Infosys and Wipro have dropped on account of stake sale rumours while TCS is down due to downgrade by Nomura.

Jun 9, 2017

Infosys shares fall on media report of stake sale by founders

Shares of the software company fell as much as 3.5 percent to their lowest since May 5.

Jun 9, 2017

Conservatives lose overall majority as UK election results in hung parliament

British Prime Minister Theresa May has suffered an embarrassing setback as her Conservative Party has lost their overall majority off the back of a close general election, resulting in a hung parliament. Whilst the Conservatives hold the most seats, they do not have enough to establish outright control.

Jun 9, 2017

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Sterling shaken by UK election shock, damage limited elsewhere

The fall started when an exit poll showed Prime Minister Theresa May's Conservative Party could fail to win a clear majority, a result that would disrupt domestic politics and delay Brexit talks.

Jun 9, 2017

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Gold discounts galore, but no glitter in demand

Traders note that business typically comes down in June. Traders are overstocked currently, and the market is likely to trade in discount over the next few days

Jun 8, 2017

Sensex closes marginally lower at the end of a volatile day

Sensex steel and pharma gains offsetted by losses in tech, energy

Jun 8, 2017

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Top picks according to Angel Broking

The stocks are expected to give 13 to 26 percent returns, according to brokerage Angel Broking.

Jun 8, 2017

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Sensex fired up by SLR cut, RBI's 'dovish' stance

Optimism that RBI's inflation projections will lead to future rate cuts; NSE soars briefly to lifetime high on bank, metal stocks

Jun 8, 2017

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IT stocks fall after Infosys COO Pravin Rao's comment on IT spend by clients; Sensex flat ahead of RBI policy meet

In an interview, Infosys COO Pravin Rao that clients are likely to slash their IT spend sharply, triggering a fall in share prices of Wipro, Infosys, TCS, Tech Mahindra.

Jun 7, 2017

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Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

TCS, Infosys, HCL Technologies, Tech Mahindra and Wipro rally; fresh revelation in NDTV ICICI Bank case first exposed by Modi minister M J Akbar.

Jun 6, 2017

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Markets

Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Reliance General Insurance to be listed on bourses by FY18

Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

FTSE soars on sterling weakness, shock vote result hits house-builders

Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

Infosys shares fall on media report of stake sale by founders

Conservatives lose overall majority as UK election results in hung parliament

Sterling shaken by UK election shock, damage limited elsewhere

Gold discounts galore, but no glitter in demand

Sensex closes marginally lower at the end of a volatile day

Top picks according to Angel Broking

Sensex fired up by SLR cut, RBI's 'dovish' stance

IT stocks fall after Infosys COO Pravin Rao's comment on IT spend by clients; Sensex flat ahead of RBI policy meet

Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

Fossil of giant penguin unearthed in New Zealand; school kids discover new 'long-legged' species [Study]

KGF star Yash Returns Kirataka 2 Remuneration to Jayanna

Virat Kohli to Step Down As T20I Captain After T20 World Cup Next Month; Will Continue Leading ODI and Test Teams [Details]