News Overview

Larsen & Toubro Infotech Ltd is quoting at Rs 5847.4, down 3.5% on the day as on 13:24 IST on the NSE. The stock jumped 42.33% in last one year as compared to a 20.54% rally in NIFTY and a 32.72% spurt in the Nifty IT index.

The move will enable traders to manage their risk better, especially when it comes to out-of-the-money contracts.

The scheme is expected to push the mobile phone manufacturing at a healthy growth trajectory of 15-20% CAGR to reach a value of Rs5-5.5 lakh crore by FY2026

UK retail sales declined slightly in March as consumer confidence continued to weaken, the British Retail Consortium said on Tuesday. The like-for-like sales dropped 0.4 percent in March from the previous year. Meanwhile, total sales grew 3.1 percent, underpinned by non-food sales. Food sales were down 6.1 percent, due to the timing of Easter in 2021 and compounded by the impact of the lockdown in […]

Here is the stock market performance at 1:30 PM today.

Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in Q4FY22 stood at 1,22,147 units, up by 12% yoy as against Q4FY21.

Equity indices traded near the days low with major losses in afternoon trade. Selling pressure was seen across the board as all sectoral indices on the NSE traded in the red. The Nifty traded below the 17,500 mark. At 13:30 IST, the S&P BSE Sensex shed 538.53 points or 0.91% at 58,426.32. The Nifty 50 index dropped 191.2 points or 1.08% at 17,483.65. Selling pressure […]

Adani Green Energy (AGEL) jumped 4.09% to Rs 2812.05 after the company said its total operational capacity increased by 56% YoY to 5,410 MW in Q4 March 2022.

The company has reported revenue from operations of Rs541.33 crore in Q4FY22.

UK jobless rate fell 0.2 percent points from the previous quarter to 3.8 percent in three months to February, the Office for National Statistics said Tuesday. At the same time, the employment rate was largely unchanged at 75.5 percent, but remained below the pre-pandemic level. The number of job vacancies rose to a new record 1,288,000 in January to March period. However, the rate of […]