Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, unveiled the latest iteration of its legendary Splendor – the Splendor+ XTEC 2.0. This launch marks a momentous occasion, coinciding with the 30th anniversary of the Splendor, the world’s best-selling motorcycle. Modern Take on a Classic Legacy The Splendor+ XTEC 2.0 seamlessly blends the iconic …
The benchmark index S&P BSE 500 opened today at 33,408.12 and made its day high at 33,475.80, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today in a falling market. …
Domestic indices were trading in green today, with sectoral indices S&P BSE Realty, S&P BSE Utilities and S&P BSE Consumer Durables in the green. Significant losses were observed in the technology, information technology, and healthcare sectors. At 10:00 am, the BSE Sensex jumped 0.42% reaching a level of 74,195. The Nifty 50 index soared 0.34% …
On May 30, 2024, the Nifty 50 declined 1% and closed at 22,488, and the Sensex also dropped 1%, closing at 73,885. Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Bank, and Nifty Private Bank ended in the green. Meanwhile, Nifty Metal, Nifty IT, Nifty Healthcare Index, and Nifty Pharma were declining. …
IT stocks ascend as the recent US Federal Reserve meeting signals rate cuts. Driven by robust US economic data, Indian IT companies anticipate increased business. The concurrent weakening of the Indian Rupee and the US economic strength further favour this upward trend. Triggers for uptrend Impact of US Fed Rate Cuts on IT Exports With …
The stock market is sensitive to global and domestic economic cues. So, when the rupee value fluctuates, it impacts investors’ sentiment and the share market performance. The current jittery market and weakening rupee have affected the Indian economy. But, if you think it spells doom for the Indian market, think again. Rupee depreciation means falling …
The Indian benchmark indices started the session sharply lower, dragged down by massive losses in IT sector stocks. BSE Information Technology was the worst-performing sector, with losses of around 3.8%, while shares of Infosys tumbled more than 7%. BSE Capital Goods impressed investors with gains of more than 1%, led by a strong rally in …
On last trading session of the week, Nifty opened gap up but bulls were unable to hold this gap and lost all gains as it slipped below the closing of the last trading session. Somehow, it recovered from lower levels and in this recovery, IT sector stocks participated the most as it witnessed strong buying …
In the broader context, the current macroeconomic landscape in India is witnessing a delicate balancing act. The government’s focus on infrastructure development, coupled with ongoing economic reforms, strives to bolster growth. However, challenges such as inflationary pressures and global economic uncertainties require prudent navigation. As India continues on its growth trajectory, a multifaceted approach, incorporating …
When it comes to discussing the Indian IT sector, two prominent names repeatedly emerge those are Tata Consultancy Services Ltd (TCS) and Infosys Ltd. These companies not only dominate the market capitalization charts but also boast remarkable financial records over the past decade. As leading IT giants in India, they have played a pivotal role …
