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Topic

markets

Breaking
BUSINESS·1 hour agoIN

Tech Mahindra jumps 8%, IT firm adds Rs 11,000 crore to market cap after Q2 earnings

Tech Mahindra witnessed an impressive surge of over 8% in its shares following the announcement of remarkable quarterly earnings. The IT giant recorded a 32.74% year-on-year increase in consolidated net profit, buoyed by robust volume growth and effective cost management. In celebration of its 40th anniversary, the company also proposed a bonus issue.

Breaking
BUSINESS·4 hours agoIN

Musk’s ‘China prediction’ may add pain to world’s most valuable tech firms

A recent sell-off in AI and semiconductor stocks has resulted in a loss exceeding $1 trillion. Major technology companies are experiencing significant declines due to multiple economic pressures. Chinese chipmaker ChangXin Memory Technologies aims to enhance its memory chip production, potentially increasing market competition. Analysts highlight that rising inflation and interest rates contribute to the erosion of investor sentiment across the sector.

Breaking
BUSINESS·6 hours agoGLOBAL_BIZ

India Stock Market Prediction Today, October 16: Can Sensex and Nifty Build on Thursday’s Gains as GIFT Nifty Signals a Green Opening? Check Stocks to Watch, Quarterly Earnings and Key Market Triggers - The Sunday Guardian

India Stock Market Prediction Today, October 16: Can Sensex and Nifty Build on Thursday’s Gains as GIFT Nifty Signals a Green Opening? Check Stocks to Watch, Quarterly Earnings and Key Market Triggers    The Sunday Guardian

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