Global brokerage firm UBS continues to back value trade on Wall Street despite the recent surge in technology shares amid the universe of growth stocks. “While the recent rally in the tech sector is encouraging, we continue to maintain a selective approach to longer-term growth stocks and keep our preference for value over growth in …
Adani Power share price jumped nearly 4 per cent to a new 52-week high of Rs 354 apiece on BSE on Thursday, after the company posted a manifold jump in consolidated net profit to Rs 4,779.86 crore in Q1. The company had reported a consolidated net profit at Rs 278.22 crore in the corresponding quarter …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for the 83rd day by OMCs on August 16. The most recent price reduction had came in Maharashtra when the state government announced a cut in value-added tax (VAT) on petrol by Rs 5 …
Bharti Airtel share price jumped 2% to Rs 719 apiece on BSE on Wednesday, a day after the telecom major’s on-year consolidated net profit soared sixfold in the first quarter of FY23, led by strong revenue growth and 4G customer addition. Bharti Airtel reported a on-year jump of 5.6 times in net profit to Rs …
Two persons died and around 40 people suffered injuries during the traditional stick fight festival, known as Banni festival, at Devaragattu village in Kurnool district of Andhra Pradesh. Kurnool Superintendent of Police (SP) G Krishnakanth told news agency PTI that the two persons died after they fell from the branch of a tree while trying …
The game of e-commerce is no longer restricted to just purchase of goods and services, rather complete mechanics are involved including delivering relevant content, product recommendations, and offers based on user’s preferences, behaviour, and demographics. E-commerce platforms aim to enhance customer satisfaction, engagement, and conversion rates by providing a personalised shopping journey. While e-commerce platforms …
The Broadband India Forum (BIF), which represents major technology firms like Meta, Google, Amazon, and Netflix, has said that telecom operators are misleading the government with their arguments that OTTs (over-the-top players) are directly consuming majority of the bandwidths on their networks and therefore should pay a network fee. Infact, telcos’ own subscribers have deployed …
BSE Sensex and NSE Nifty 50 have rallied 40 per cent from March lows, largely driven by overwhelming liquidity worldwide. However, rising coronavirus cases in India and elsewhere would limit further upside in the markets, says Ajit Mishra, VP-Research, Religare Broking. As the world fears the second coronavirus wave, there is huge uncertainty related to …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices closed flat but in opposite directions on Wednesday. S&P BSE Sensex ended the day 35.78 points or 0.06% lower at 58,817 points while the NSE Nifty 50 index closed 9.65 points or 0.06% in the green to settle at 17,534. Bank Nifty …
ITC share price jumped nearly 3 per cent to a new 52-week high of Rs 316.65 apiece on BSE on Tuesday, after the company’s consolidated net profit rose 33.46 per cent on-year to Rs 4,462.25 crore in April-June 2022. The company had posted a profit of Rs 3,343.44 crore during the corresponding quarter of previous …