The market closed moderately higher amid consolidation, with the Nifty 50 snapping its three-day losing streak on December 11. The breadth was in favor of the bulls, as about 1,344 shares gained, compared to 1,160 shares that declined on the NSE. The consolidation is likely to continue until the benchmark indices decisively break the tight range of the past four days on either side. Below are some...

Shares of Tata Communications edged higher on April 18, a day after the company reported a consolidated net profit of Rs 321.20 crore for the quarter ended March 31, 2024, up 7.2 times sequentially and almost in line with Street estimates. The company's total income grew 1.8 percent on-quarter to Rs 5,748.7 crore.The EBITDA margin, a key measure of profitability, stood at 18.6 percent for the Marc...

Bulls are likely to maintain control over Dalal Street as SGX Nifty hinted at a positive start for Indian equities. Nifty futures were trading 149 pts or 0.86% higher on the Singapore Exchange, signalling that NSE Nifty 50 and BSE Sensex were headed for a positive start. “Markets have made several attempts to move higher in the recent past but a lack of sustainability on the global front has der...

The benchmark indices witnessed profit booking at higher levels, following a volatile intraday session, the Nifty ended 35 points lower and the BSE Sensex fell 145 points. Among sectors, some buying interest was seen in Metal stocks while intraday profit booking was seen in selective IT and Media stocks. Technically, after three days’ uptrend rally, one more time the NIfty/Sensex took the resist...

Indian stock market is expected to open in the red as trends on SGX Nifty indicate a gap-down opening for BSE Sensex and NSE Nifty 50. Nifty futures on the Singapore Exchange traded 205.50 points, or 1.18 per cent, lower at 17,201.50, signaling that Dalal Street was headed for a negative start on Friday. Domestic equities witnessed a pullback rally in the previous session after taking cues from...