Technology bellwether TCS posted net profits of Rs.8,105 crore in the third quarter ended December 2018. According to a report in the Economic Times, TCS reported a 24.1% growth in net profits to an all time record of Rs.8,105 crore. The company also Read more [...]

Nifty stocks led by the OMCs came under pressure after the US-China trade talks did not show much concrete progress and the US retail data disappointed. All eyes will now be on the Interim Budget on February 01st. Oil hovered around the $61/bbl Read more [...]

Private Banks and FMCG companies led the charge on Wednesday as the Nifty edged a tad loser to the psychological 11,000 mark. Metal and downstream oil companies came under pressure in trade on Wednesday. The steel pack could come under pressure Read more [...]

There is finally hope for the world markets on the trade war front. The US-China trade talks concluded giving fresh hope to global markets. Global stocks moved to their highest level in four weeks as the trade talks between the US and China concluded Read more [...]

The PSU banks were the star performers of the day with the Nifty crossing the 10,800 marks. Any news of a US-China trade deal is likely to benefit sentiments across the global markets including India. Watch out for two-wheeler stocks and they could Read more [...]

US markets continued its upward surge. Dow and the NASDAQ were stronger on hopes of the trade deal between the US and China. After a strong performance on Friday and Monday, the Dow and NASDAQ continued to grow above 100 points on Tuesday too. The big Read more [...]

Growth may be faltering in the second half of 2018-19; at least that is what the CSO statistics are telling us. The Central Statistical Organization (CSO) has pegged the full-year GDP growth estimates for India at 7.2% for the fiscal. The real growth Read more [...]

Nifty started Monday more than 100 points in the positive but failed to sustain the gains as hints of the RBI paying $5.8 billion as a special dividend to the government again raised concerns over the government pressure on finances. Most PSU banks Read more [...]