Facebook enabled users to mark themselves safe in Chennai since Thursday morning
The recovery was led by information technology exporters.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
There is speculation that CSC is splitting its operations and HCL is likely to bid for it.
Sensex closed over 118 points down on Thursday.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
IT majors along with metal names Sesa Goa and Hindalco buck trend.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Employers are laying the welcome mat for Gen Y -- from hiring videos to claims for the coolest interview ever.
Pravin Rao says firms with revenue of $600-700 millon will be preferred.
With Infosys reportedly increasing the pay packages of senior executives, including executive vice-presidents and a few vice-presidents, threefold, the Indian information technology (IT) services space might well get a new benchmark.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
The rise in India Inc's market value was led by asset-light firms.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
The Street is especially looking forward to the management commentary to get a sense of its new direction
HCL Technologies and Infosys should benefit more than TCS and Wipro
Corporate India's earnings in the past two quarters were largely driven by the rupee's sharp fall versus the dollar in the second quarter of this financial year.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
Nifty snaps 10-day winning streak
With the advent of new banks, IT firms will get boostto their businesses.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
The December quarter, generally a soft one for India's IT sector due to holidays and furloughs in certain sectors, is expected to be further affected because of currency volatility.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
.jpg)
India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
Markets in green tracking firm global cues.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Shubham Kumar Gautam, son of a farmer and a Super 30 student, recounts how, in a journey laced with perseverance, grit and determination, he achieved what seemed impossible.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances