India’s energy sector is at a unique juncture.Heatwaves are increasing power consumption across the grid, and hyperscalers are trying to build AI data centers in the country.Are these twin pillars of demand going to help the power companies in the country? Especially when power companies are seen a…
Foreign investors have returned to Indian equities, purchasing more than $1 billion of local shares last week as a stable rupee and improving earnings expectations encouraged global funds to increase their exposure. International investors bought a net $1.3 billion of Indian equities during the fou…
By Bharath Rajeswaran and Vivek Kumar MIndian share benchmarks snapped a four-session rally on Tuesday, as broad-based profit-taking overrode a rebound in IT companies, while investors watched for fresh triggers from the upcoming earnings season.Shares were largely positive through the day, consoli…
The benchmark indices failed to hold on to their early gains and snapped a four-session winning streak to end marginally lower in a volatile trading session on July 8.Tracking mixed global cues, the market opened on a firm note and extended gains during the first half of the session. However, profi…
Shares of Tata Group retailer Trent Ltd fell 13 percent on Tuesday, marking their biggest one-day decline in a year, after the company's first-quarter business update missed analysts' expectations, triggering concerns over slowing growth despite continued store expansion.The stock was the top loser…
By Jaspreet KalraThe Indian rupee eked out gains on Tuesday, tracking an uptick in most Asian peers even as dollar demand from merchant payments and maturing non-deliverable forward contracts limited room for the currency to gain.The rupee FX_IDC:USDINR traded at 95.28 against the dollar as of 11:2…
Titan Company shares rose more than 3.5 percent in the morning trade on Tuesday after the Tata Group jewellery and lifestyle retailer reported a stronger-than-expected business update for the June quarter, prompting brokerages to reiterate their bullish stance on the stock.At around 10:00 am, Titan…
Indian benchmark indices are set for a positive opening on July 7, tracking firm cues from GIFT Nifty, which was trading around 24,574.50 in early trade.Track the latest updates on GIFT Nifty right here on MoneycontrolIndian equity markets extended their winning streak for the fourth consecutive se…
Indian equity markets extended their winning streak for the fourth consecutive session, supported by broad-based buying amid improving monsoon prospects, renewed FII inflows, easing geopolitical concerns, and softer crude oil prices.After a positive opening, the benchmarks extended their gains thro…
By Vivek Kumar M and Bharath RajeswaranIndian shares advanced on Monday, led by heavyweight HDFC Bank on a strong quarterly business update, while lower crude oil prices also aided sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.66% to 24,430.35, while the BSE Sensex BSE:SENSEX added 0.67% to 78…
Indian shares are set to open with a positive tone on Monday as investors react to quarterly business updates from key lenders and companies, while crude oil prices remained below $72 per barrel.GIFT Nifty futures (GIFc1) were at 24,322.5, as of 7:50 a.m. IST, indicating the Nifty 50 NSE:NIFTY coul…
The Nifty traded with a positive bias on Friday, opening with a gap-up before moving in a narrow range for most of the session as the 24,370-24,380 zone capped gains.Profit booking was seen in the second half, pulling the index below the day's low and partially filling the opening gap. Despite the…
Foreign institutional investors (FIIs) turned net buyers in Indian equities on Friday, snapping a four-session selling streak by purchasing shares worth a provisional ₹1,355.33 crore, according to exchange data.Domestic institutional investors (DIIs), meanwhile, turned net sellers after two weeks…
