The market opened higher on positive global cues, but the gains were wiped out in the initial hours. The market remained in consolidation mode for the rest of the session, with the IT pack taking a beating a day after Tata Consultancy Services posted a mixed bag of numbers for the September quarter. The underwhelming …
Tata Consultancy Services Limited (TCS), a global leader in IT services, digital, and business solutions, spans a broad spectrum of industries and services. Its comprehensive portfolio, encompassing everything from IT and assurance services to digital software solutions, positions TCS as a pivotal player in the technology sector. The company’s involvement across diverse segments like BFSI, …
The gaming company stocks have become the new favourite of Indian investors. If you are wondering whether you should invest in these stocks, here is a lowdown of Indian gaming stocks in the recent past. Overview of the Indian gaming sector The gaming industry is relatively new in the Indian industry demography. But as the …
Throughout Tuesday’s trading session, the indices experienced overall upward movement, except for a slight instance of profit booking in the last half hour. The NSE Nifty 50 closed at a level of 18,350, while the S&P BSE Sensex recorded a gain of 18.11 points. The Nifty Midcap showed a rise of 0.63 percent, whereas the …
Following a robust recovery in the previous trading session, the Nifty index experienced continued buying activity. It surged by 111 points and concluded the day at the 18,314 level. Similarly, the S&P BSE Sensex witnessed a rise of 95.99 points, closing at the 61,734 level. Both the Nifty Midcap 100 and Nifty Smallcap 100 indices …
The Nifty50 index closed the day in the red, down by 82 points (-0.42%) from the previous session, opening at 19486.75, reaching a high of 19494.4, and a low of 19414.75 before settling at 19443.55. Top performers for the day included Coal India, Eicher Motors, Hindalco, Mahindra & Mahindra, and BPCL, while SBI Life, Bajaj …
Today, IT stocks are surging, thanks to the good financial results posted by India’s two leading IT giants, exceeding expectations. This positive momentum has uplifted all IT stocks, including those that have been subdued for a while, resulting in higher trading values today. Taking advantage of this situation, it would be beneficial to examine IT …
Shifting Weights: Winners and Losers The table below showcases the top 10 Nifty 50 constituents ranked by weightage in January 2024, along with their weightage in July 2023 and the change: Company Name Weightage (%) Change (Basis Points) 2024 2023 HDFC Bank Ltd. 11.57 14.10 -253.00 Reliance Industries Ltd. 10.16 9.87 29.00 ICICI Bank Ltd. …
Shares of Mindteck (India) Ltd experienced a sharp rise today, hitting the upper circuit. It began the day at Rs 139.50 and opened flat compared to the previous day’s closing price of Rs 138.60. Within just thirty minutes of the early morning trading session, the stock surged by 11% with good volume, ultimately reaching the …
The beginning of a financial year is the best time to re-evaluate your portfolio. It serves two purposes – you can realign your portfolio to the changing financial goals. And secondly, you can shuffle your holdings, add the robust stocks and sell the weak ones. Because of the strong performance of the Indian IT companies, …
