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The American Depositary Receipts of Infosys Ltd. sank 2.95% to trade at $15.96 in New York on Thursday after the company saw its second quarter constant currency growth tapering to 2.2%. In addition, the large deal contract value also saw a decline in the quarter ended September.
Over 80 companies, including Reliance Industries, JSW Steel, and Havells India, are set to announce their Q2FY26 results today, which may impact investor sentiment and stock prices.
The US stock market opened in the green on Thursday, extending gains after strong quarterly earnings by tech giants, with the Nasdaq Composite gaining 0.47% and the S&P 500 opening 0.31% higher.
Uday Kotak highlights the continuation of the ‘savers to investors’ trend in India during Samvat 2082, driven by flows into mutual funds and equity markets, and supported by the current tax regime and government’s GST revamp.
Waaree Energies Ltd. has reported a significant increase in its net profit and revenue for the second quarter of this financial year, driven by strong demand for its solar modules.
The NSE Nifty 50 has broken above the September swing high, signaling a potential retest of the calendar-year high of 25,700, with last month’s swing high of 25,450 as the support.
Former IMF Chief Economist Gita Gopinath warns that a correction in the US stock market could have severe and global consequences, worse than the dot-com crash, due to high global exposure to US equities.
Cyient Ltd. has announced an interim dividend of Rs 16 per equity share for the fiscal 2025. Here’s what it means for investors and the company’s financial health.
Waaree Energies Ltd. has declared an interim dividend of Rs 2 per equity share, its first dividend since listing last year. Get the latest updates on the record date, dividend payout, and the company’s Q2 financial performance.
Foreign portfolio investors (FPIs) have turned net buyers of Indian shares, injecting a significant amount of capital into the market. What does this mean for Indian investors and traders?