The third quarter earnings season is underway and as many as 10 important names will announce their results on Thursday, February 6. Key results to watch out include ITC, State Bank of India, Trent, MRF. Apart from these, companies like…
Trent’s shares had declined earlier in the week over the relaunch of Chinese brand Shein in India by Reliance Retail as it is in direct competition with the Tata Group enterprise.
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session lower. Nifty 50 closed at 23,696.30, while Sensex ended at 78,271.28.
Shares in Australia, Japan and South Korea rose, while equity futures for Hong Kong also advanced. The S&P 500 and Nasdaq 100 both notched a second day of gains on Wednesday, extending a rebound from Monday’s decline.
West Texas Intermediate traded above $71 a barrel after falling 2.3% on Wednesday to cancel out all year-to-date gains, while Brent crude closed below $75.
Legendary short seller Jim Chanos says no one can see the biggest risks facing US markets over the next six to 12 months — because the challenges are going to be unpredictable events, like the recent DeepSeek concern that wiped…
The second-largest US automaker on Wednesday said earnings before interest and taxes will fall to a range of $7 billion and $8.5 billion, down from the $10.2 billion profit it generated in 2024.
Qualcomm’s outlook for the business is in line with analyst firm IDC, which projected that worldwide smartphone shipments would be in the “low single digits” in 2025 and for a few years beyond.
The Nifty remained mostly sideways during the session before closing slightly lower. On the lower end, the fall was limited to around 23,700, while the upside was capped at approximately 23,800.
Shares of Timken India Ltd ended at ₹2,821.90, up by ₹8.80 or 0.31% on the BSE.