Foreign investors have pulled out Rs 31,575 crore from the country’s equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India. This came following a net
Stock markets will be driven by further developments on the US-China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign investors
Shares of Tata Consultancy Services (TCS) declined after the information technology (IT) major reported a 1.3 per cent sequential drop in net profit for the March quarter, prompting several brokerages to cut their target prices. Photograph: PTI Photo from the
Sun Pharmaceutical Industries stock ended 2.15 per cent higher on Friday after zooming by almost 5 per cent in the morning trade on the back of an announcement that a court ruling has cleared the deck for the India’s largest
Hindustan Aeronautics Ltd (HAL) on Saturday clarified that it has not finalised any consultancy firm to benchmark its Research and Development (R&D) processes. The clarification comes in response to some social media posts claiming that it has selected PricewaterhouseCoopers (PwC)
Shares of Wall Street investment bank major Morgan Stanley have risen 13 per cent in the last five sessions over robust sentiment of its quarterly earnings performance. Morgan Stanley beat first-quarter profit estimates on Friday, helped by record equity trading
Inflows into equity mutual fund (MF) schemes declined for the third month in a row in March even though the equity market recovered sharply. Equity MF schemes raked in a net Rs 25,082 crore in March, down 14 per cent
The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26). Image used for representation
India’s industrial production growth decelerated to a six-month low of 2.9 per cent in February 2025, mainly due to poor performance of the manufacturing, mining and power sectors, according to official data released on Friday. Photograph: Praveen Paramasivam/Reuters The government
India’s forex reserves jumped $10.87 billion to $676.27 billion during the week ended April 4, the Reserve Bank of India (RBI) said on Friday. Photograph: Lisa Marie David/Reuters The overall kitty had jumped $6.6 billion to $665.4 billion in the
