Tata Communications Q4 Results: Profit rises 15% to Rs 336 crore on data services demand
India’s Tata Communications reported a 15% rise in its fourth-quarter profit on Tuesday, helped by higher demand for its data services.
DMart, Trent, HUL among top UBS picks as brokerage bets on consumer sector rebound in FY26
UBS forecasts a strong rebound in India’s consumer sector by FY26, citing easing input costs, fiscal stimulus, and rural wage growth. It names DMart, Trent, and HUL as top stock picks, while upgrading Colgate, GCPL, and ITC. Asian Paints, Dabur, and Jubilant were downgraded due to growth and margin concerns.
Bollywood’s Baba Vanga! Shakti Kapoor’s 35-year-old prediction on gold hitting Rs 1 lakh goes viral
As gold prices breached Rs 1 lakh per 10 grams on MCX for the first time, a decades-old Bollywood clip featuring Shakti Kapoor went viral for “predicting” the surge. While analysts cite geopolitical tensions and safe-haven demand for the rally, social media hailed Kapoor as an accidental financial guru, adding humor to an otherwise intense […]
Banking stocks poised for continued rally with strong earnings growth: Deven Choksey
Deven Choksey of DRChoksey FinServ Pvt. Ltd. suggests a positive outlook for banking stocks, driven by falling interest rates and potential public sector bank consolidation. He favors engineering and R&D-focused IT companies like LTTS and Tata Elxsi, citing strong order inflows and profit margin growth.
Tariff uncertainty and rising localization costs could further squeeze IT margins: Sandip Agarwal
So, if it is a mild, soft landing kind of recession, then the revenues will be secured, you may degrow at most 2-3% and you can grow at most 2-3%, I think that is the situation today.
Metal stocks surge up to 3% as India imposes 12% safeguard duty on steel imports for 200 days
The Indian government has imposed a 12% provisional safeguard duty on specific steel products for 200 days to address a surge in imports. This decision follows a recommendation by the Directorate General of Trade Remedies after a probe initiated by a complaint from the Indian Steel Association. The investigation revealed a significant increase in imports, […]
Falling credit cost to help Yes Bank achieve 1% ROA in next two financial years: Prashant Kumar
Yes Bank is focusing on profitable retail asset products. The bank expects retail growth between 10% and 12% in fiscal year 2026. Loan growth is expected from large corporates, mid-market companies, SMEs, and retail segments. Deposit costs are managed effectively. The bank aims for a 1% Return on Assets by fiscal year 2027.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty200 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 21, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Q4 results today: HCL Tech, Waaree Energies among 16 companies to announce earnings on Tuesday
The fourth quarter earnings season is gaining traction, with key reports expected from Waaree Energies, Tata Communications, and HCL Tech. HCL Technologies anticipates a sequential revenue drop due to seasonal factors, with projected YoY revenue growth around 5% and net profit growth at 8%. Investors will closely monitor the impact of macro conditions and deal […]
Dollar wallows near 3-year low as Trump’s attacks on Fed chief unnerve traders
The dollar weakened near a three-year low as President Trump’s criticism of Fed Chair Powell undermined investor confidence. Concerns arose about potential actions to replace Powell, triggering fears of a dollar panic. Escalating trade tensions with China further fueled economic anxiety, contributing to the dollar’s decline against major currencies like the euro and Swiss franc.