Heading into Friday’s session, IT stocks will remain in focus after Accenture shares plunged 19% in their biggest one-day decline on record. The selloff came after Accenture trimmed the upper end of its annual revenue growth forecast on June 18.…
India’s corporate bond market has grown to nearly ₹59 trillion, but experts say the bigger challenge is not supply. It’s making bonds easier to buy, sell and understand for ordinary investors.
Diamond Power Infrastructure’s board has approved a fund raise of up to ₹2,000 crore through the QIP route, doubling the previously approved limit as the company seeks to meet SEBI-mandated minimum public shareholding norms.
US stocks rose as optimism over the US–Iran peace agreement improved risk sentiment and supported broader market gains.The Dow, S&P 500, and Nasdaq also advanced as investors weighed a cautious Federal Reserve rate outlook.
IT stocks will also be in focus after the American Depositary Receipts (ADRs) of Infosys and Wipro fell about 4.5% in pre-market trading following Accenture’s third-quarter results, where the company marginally missed revenue estimates.
Shares of Wipro Ltd ended at ₹182.80, down by ₹1.65, or 0.89%, on the BSE.
Markets regulator Sebi’s board is set to meet on Friday to deliberate on a wideranging agenda, including a proposal to reintroduce openmarket buybacks, faster clearance for AIF schemes and relaxed intraday borrowing rules for mutual funds, people familiar with the…
SEBI has proposed a broad revamp of the margin trading framework, including allowing brokers to raise funds through NCDs, increasing exposure limits and raising eligibility norms. The regulator said the review is aimed at strengthening risk management and improving ease…
From Reserve Bank of India extending the tenure of Keki Mistry as interim part-time chairman of HDFC Bank to Wipro acquiring an additional 20% stake in Aggne Global IT Services Private Ltd, taking its total holding in the entity to…
India is expected to add 8.1 million barrels per day of oil demand between 2025 and 2050—the highest increase globally—as rising incomes, industrialisation and transport needs outweigh the rapid expansion of renewable energy, according to OPEC’s latest long-term outlook.