If you’ve been around the markets long enough, you’ve probably weathered five percent, ten percent, or even 40 percent corrections. But how often do you see the Nifty 50 open by nosediving one percent?According to a quick crunch by Samco Securities, it’s rare, only 107 instances of a gap-down opening exceeding one percent have been recorded since 2000. When you look at the pandemic era, sinc...

Siemens India shares extended their losing streak on December 23, falling over a percent in the morning deals as investors offloaded their holdings in the counter following weak management commentary. Brokerages also cut their target prices on the engineering player.In the previous session, Siemens India crashed 10 percent after analysts were disappointed by the fine print of the investor call tha...

Engineering and automation major Siemens India Ltd shares gained three percent in the morning session on November 27 after the firm reported a 45.4 percent jump in net profit for the quarter ended September.Siemens India's consolidated net profit for the quarter came in at Rs 830.7 crore in the July to September period, over Rs 571.3 crore in the same duration of the previous financial year.The co...

Stocks in FocusQuarterly EarningsSiemens Q4 (Consolidated YoY)Profit zooms 45.4% to Rs 830.7 crore Vs Rs 571.3 croreRevenue increases 11.3% to Rs 6,461.1 crore Vs Rs 5,807.7 croreEBITDA jumps 34% to Rs 938.1 crore Vs Rs 700.1 croreMargin expands sharply to 14.5% Vs 12.05%WiproThe technology services and consulting company has announced the extension of its work with Marelli, a global leader in aut...

Top Buy IdeasThe market took a breather on November 26 after a significant run-up in the previous two sessions, closing moderately lower due to profit-taking, but the breadth remained positive. About 1,437 shares advanced, while 1,042 shares declined on the NSE. The benchmark indices are expected to consolidate in the upcoming sessions and look for fresh triggers. Below are some trading ideas for ...