Latest Stock Market News

According to brokerage firm Prabhudas Lilladher, these 8 mid and smallcap stocks can rally up to 34% in near term.

Its net interest income (NII) - the difference between what banks earn from loans and pay to depositors - fell 5% to $13.9 billion as the company spent more to keep customer deposits and demand for loans stayed subdued amid high interest rates.

US stocks open higher on inflation data cheer

Updated at : 2024-01-12 21:55:02

Rate this item

(1 Vote)

The Dow Jones Industrial Average opened higher by 40.63 points at 37,751.65 or 0.11%.

HCL Tech’s consolidated net profit rose 13.5% sequentially to Rs 4,350 crore in the December quarter, and revenue grew nearly 7% to Rs 28,446 crore.

Rate this item

(1 Vote)

The spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflected in the sharp surge of ADRs of Wipro.

The Indian broking industry continues to demonstrate a substantial demand for IT workers and technology investments, particularly as broking firms undergo a significant shift, transitioning their operations from physical to digital platforms, reveals the survey.

Short covering signals a shift in view on security from extreme bearishness to bullishness.

​Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization

Muthoot FinCorp plans to raise Rs 300 crore through XVI Tranche III series, which will close on January 25, a release said. The secured NCDs issued under Tranche III have been rated at AA-/ Stable by Crisil and are proposed to be listed on the debt market segment of BSE.

The IT major has guided for -1.5% to 1% sequential growth in its IT services business revenue. This translates to a revenue of $2.62-$2.67 billion in the March quarter in constant currency terms. Most analysts had expected Wipro to give -1% to +1% growth in constant currency revenue.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.