News for 'tata-steel'

Sensex climbs 241 points on encouraging macro data

Sensex climbs 241 points on encouraging macro data

Rediff.com4 Sep 2023

Wipro was the biggest gainer in the Sensex pack, rising 4.34 per cent, followed by HCL Tech, UltraTech Cement, Tata Steel, Tech Mahindra, NTPC, Infosys, Power Grid, Tata Consultancy Services and State Bank of India. Mahindra & Mahindra, ITC, Axis Bank, Nestle, Kotak Mahindra Bank and Asian Paints were among the laggards.

Sensex surges 629 points; RIL jumps 2.79%

Sensex surges 629 points; RIL jumps 2.79%

Rediff.com26 May 2023

Sun Pharma, Hindustan Unilever, HCL Technologies, Wipro, Tech Mahindra, UltraTech Cement, Tata Steel and Titan were among the other major gainers. Bharti Airtel, Power Grid and NTPC were the laggards.

Market mayhem: Investors poorer by Rs 7.59 lakh crore

Market mayhem: Investors poorer by Rs 7.59 lakh crore

Rediff.com23 Oct 2023

Investors' wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points.

Sensex, Nifty end at record closing highs

Sensex, Nifty end at record closing highs

Rediff.com6 Jul 2023

From the Sensex pack, Mahindra & Mahindra emerged as the biggest gainer, climbing nearly 5 per cent. Power Grid, Tata Motors, Reliance Industries, NTPC, Axis Bank, Nestle, Kotak Mahindra Bank, Asian Paints and Wipro were among the other major gainers. Maruti, HCL Technologies, Bajaj Finance, IndusInd Bank, Infosys and Tata Steel were among the laggards.

Magnus Carlsen's Last Gambit

Magnus Carlsen's Last Gambit

Rediff.com21 Mar 2023

A title match requires months of preparation and pulling out of other events, putting together a team of seconds, etc. Carlsen just says he lacks the motivation to do this again.

Teenage GM replaces Anand as India's top chess player after 37 years

Teenage GM replaces Anand as India's top chess player after 37 years

Rediff.com1 Sep 2023

Teenaged Grandmaster D Gukesh has replaced the legendary Viswanathan Anand as India's top chess player after more than three decades.

Investors lose Rs 2.89 lakh crore in two days of market fall

Investors lose Rs 2.89 lakh crore in two days of market fall

Rediff.com20 Sep 2023

Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.

Tata Sons set to earn record dividend worth nearly Rs 33,350 cr in FY23

Tata Sons set to earn record dividend worth nearly Rs 33,350 cr in FY23

Rediff.com24 May 2023

Thanks to a big payout by the group's cash cow, Tata Consultancy Services (TCS), Tata Sons is set to earn a record-high equity dividend worth nearly Rs 33,350 crore from the group's listed companies for FY23, up 130 per cent from Rs 14,529 crore in FY22. Nearly 90 per cent of this, or around Rs 30,500 crore, is estimated to accrue to Tata Sons while the rest will show up in its profit & loss account for FY24. This is because nearly 80 per cent of the dividend payout by TCS for FY23 was done before the end of the financial year through three quarterly interim instalments and a special one in January this year.

Sensex gains 130 points in range-bound trade

Sensex gains 130 points in range-bound trade

Rediff.com12 Aug 2022

Benchmark BSE Sensex gained 130 points on Friday after gains in index majors Reliance Industries, ICICI Bank and Tata Steel ahead of the release of inflation and factory output data. Recovering from its early losses, the 30-share BSE index ended 130.18 points or 0.22 per cent higher at 59,462.78 in a range-bound trade. The broader NSE Nifty advanced 39.15 points or 0.22 per cent to close at 17,698.15.

TCS mcap share in Tata group falls below 50%, a first in more than a decade

TCS mcap share in Tata group falls below 50%, a first in more than a decade

Rediff.com19 Feb 2024

Tata Consultancy Services' (TCS') contribution to the overall market capitalisation (mcap) of listed Tata group companies has slipped below 50 per cent for the first time in over a decade. This has happened amid a rally in other Tata stocks, led by smaller companies, even as TCS, the group's largest company by mcap, has lagged. In recent quarters, Tata's listed firms have emerged as leading performers on the bourses, with the group's combined mcap crossing Rs 30 trillion early last week - a first for a private sector conglomerate.

Index heavyweights pull Sensex down by 109 points

Index heavyweights pull Sensex down by 109 points

Rediff.com2 Nov 2021

Tata Steel was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tech Mahindra, HCL Tech, IndusInd Bank and Reliance Industries. NSE Nifty fell by 40.70 points to 17,888.95.

Sensex jumped 333 points to close at 66,599

Sensex jumped 333 points to close at 66,599

Rediff.com8 Sep 2023

From the Sensex pack, NTPC, Tata Motors, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, HDFC Bank, Reliance Industries, Titan, Power Grid and State Bank of India were the major gainers. ITC, UltraTech Cement, Tech Mahindra, Tata Steel, Wipro, Tata Consultancy Services and JSW Steel were among the laggards.

Bull run continues; Sensex, Nifty close at record highs

Bull run continues; Sensex, Nifty close at record highs

Rediff.com4 Jul 2023

Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 381.55 points to hit its all-time peak of 65,586.60 in early trade.

Sensex, Nifty rally around 1% on strong macro data

Sensex, Nifty rally around 1% on strong macro data

Rediff.com1 Sep 2023

JSW Steel (3.37 per cent), Tata Steel (3.33 per cent), Maruti (3.24 per cent), Power Grid (3.07 per cent), IndusInd Bank (2.95 per cent), Bajaj Finance (2.12 per cent) and Tech Mahindra (2.22 per cent) were among major gainers. On the other hand, Ultratech Cement, Sun Pharma, Nestle and L&T were the losers.

Tata group companies outshine the market under N Chandrasekaran

Tata group companies outshine the market under N Chandrasekaran

Rediff.com20 Jan 2022

The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.

Sensex gains 179 points in highly volatile trade

Sensex gains 179 points in highly volatile trade

Rediff.com10 May 2023

Among the Sensex firms, IndusInd Bank, Power Grid, Tata Motors, Bajaj Finance, NTPC, HDFC Bank, Reliance Industries, Nestle and Kotak Mahindra Bank were the major gainers. Infosys, State Bank of India, Tata Steel, Hindustan Unilever and Titan were the major laggards.

Markets extend losses; Sensex tanks 260 points

Markets extend losses; Sensex tanks 260 points

Rediff.com23 Jun 2023

Tata Motors was the biggest loser in the Sensex pack, skidding 1.77 per cent, followed by SBI, Power Grid, Tata Steel, Infosys, UltraTech Cement, Titan, Larsen & Toubro, Reliance Industries and Maruti. On the other hand, IndusInd Bank, Bharti Airtel, Asian Paints, NTPC, HCL Technologies, HDFC and Sun Pharma were the gainers.

Sensex climbs 205 points to all-time closing high of 66,795

Sensex climbs 205 points to all-time closing high of 66,795

Rediff.com18 Jul 2023

From the Sensex pack, Infosys jumped the most by 3.67 per cent. Asian Paints, HCL Technologies, Reliance Industries, ICICI Bank, Wipro, NTPC, Tech Mahindra, Bajaj Finserv and Larsen & Toubro were among the other major gainers. State Bank of India, Bajaj Finance, Titan, Tata Steel, Tata Motors and UltraTech Cement were among the laggards.

Markets end in red on profit-taking in IT, oil stocks

Markets end in red on profit-taking in IT, oil stocks

Rediff.com22 Jun 2023

From the Sensex pack, Bajaj Finance, Tata Motors, Asian Paints, Power Grid, NTPC, Infosys, Nestle, Reliance Industries and UltraTech Cement were the biggest laggards. Larsen & Toubro, Tata Steel, HDFC, Bharti Airtel, HDFC Bank and Mahindra & Mahindra were among the major gainers.

Markets decline 1%; Sensex ends below 61k mark

Markets decline 1%; Sensex ends below 61k mark

Rediff.com4 Jan 2023

Market benchmarks Sensex and Nifty tumbled 1 per cent on Wednesday amid continuous foreign fund outflows and a weak trend in index majors Reliance Industries and HDFC Bank. The 30-share BSE Sensex slumped 636.75 points or 1.04 per cent to settle at 60,657.45. During the day, it declined 700.64 points or 1.14 per cent to 60,593.56.

Sensex gains 126 points in volatile trade

Sensex gains 126 points in volatile trade

Rediff.com3 Jan 2023

Equity benchmarks ended with gains on Tuesday amid a largely firm trend in global markets after facing bouts of volatility during the session. The 30-share BSE Sensex climbed 126.41 points or 0.21 per cent to settle at 61,294.20. During the day, it hit a high of 61,343.96 and a low of 61,004.04.

Why V K Pandian Is So Valuable To Naveen Patnaik

Why V K Pandian Is So Valuable To Naveen Patnaik

Rediff.com25 Oct 2023

Naveen Patnaik is known as an "absentee landlord" who needs bureaucrats like Pandian to run his government.

Markets end in red; Sensex down 161 points

Markets end in red; Sensex down 161 points

Rediff.com3 May 2023

Benchmark indices ended lower on Wednesday, halting their eight days of rally, ahead of the US Federal Reserve's interest rate decision and mixed global market trends. Also, fall in index majors Reliance Industries, Tata Consultancy Services, Infosys and Larsen & Toubro added to the weak trend in equities. The 30-share BSE Sensex declined 161.41 points or 0.26 per cent to settle at 61,193.30.

Sensex, Nifty rebound on heavy buying in RIL

Sensex, Nifty rebound on heavy buying in RIL

Rediff.com10 Jul 2023

From the Sensex pack, Reliance Industries jumped the most by 3.78 per cent. Tata Steel, Bharti Airtel, IndusInd Bank, Kotak Mahindra Bank, UltraTech Cement, ICICI Bank and Tata Motors were the other biggest gainers. Titan, HCL Technologies, Power Grid, Tata Consultancy Services, Wipro, Hindustan Unilever, Axis Bank and Nestle were among the major laggards.

Markets end in green; Sensex jumped 361 points

Markets end in green; Sensex jumped 361 points

Rediff.com27 Dec 2022

Equity benchmarks Sensex and Nifty closed with gains on Tuesday, following a firm trend in the global markets. Extending its previous day's rally, the 30-share BSE Sensex jumped 361.01 points or 0.60 per cent to settle at 60,927.43. During the day, it rallied 420.26 points or 0.69 per cent to 60,986.68.

Markets jump over 1%; Sensex ends up 721 points

Markets jump over 1%; Sensex ends up 721 points

Rediff.com26 Dec 2022

From the Sensex pack, State Bank of India, IndusInd Bank, Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, UltraTech Cement, NTPC and Tata Motors were the major winners. Nestle, Kotak Mahindra Bank, Bharti Airtel, HCL Technologies and Hindustan Unilever were the laggards.

Sectors & stocks analysts are betting on post the state poll outcome

Sectors & stocks analysts are betting on post the state poll outcome

Rediff.com13 Dec 2023

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.

Stock markets rally for 3rd day; Sensex ends up 345 points

Stock markets rally for 3rd day; Sensex ends up 345 points

Rediff.com29 May 2023

From the Sensex pack, Mahindra & Mahindra climbed 3.71 per cent after the company reported an 18 per cent jump in its consolidated profit for the March quarter and the highest-ever annual profit of Rs 10,282 crore in FY23. Titan, Tata Steel, HDFC, UltraTech Cement, State Bank of India, ITC, IndusInd Bank, NTPC, HDFC Bank and Bajaj Finserv were the other major gainers. HCL Technologies, Power Grid, Maruti, Wipro, Tata Consultancy Services, ICICI Bank, Infosys, Tech Mahindra and Hindustan Unilever were the laggards.

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

Rediff.com25 Dec 2023

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.

Sensex closes above 66,000-mark for 1st time

Sensex closes above 66,000-mark for 1st time

Rediff.com14 Jul 2023

Benchmark BSE Sensex closed above the historic 66,000-mark for the first time while NSE Nifty hit a new all-time closing high driven by heavy buying in IT counters and fresh foreign fund inflows. Optimism in global equity markets also helped the local markets maintain their winning momentum for a second day. The 30-share BSE Sensex jumped 502.01 points or 0.77 per cent to settle at its new all-time closing high of 66,060.90.

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Rediff.com18 Jan 2023

Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and foreign funds inflows. Recovery in most of the Asian markets and positive start in European equity exchanges also added to the momentum. The 30-share BSE Sensex climbed 390.02 points or 0.64 per cent to settle at 61,045.74.

Sensex tumbles 300 points amid global sell-off

Sensex tumbles 300 points amid global sell-off

Rediff.com20 Aug 2021

Tata Steel was the top loser in the Sensex pack, plunging over 8 per cent, followed by SBI, Dr Reddy's, Kotak Bank, Sun Pharma, Bajaj Auto and L&T. NSE Nifty declined 118.35 points or 0.71 per cent to 16,450.50.

Sensex jumps 418 points to 6-month high

Sensex jumps 418 points to 6-month high

Rediff.com13 Jun 2023

From the Sensex pack, ITC, Titan, Asian Paints, Reliance, Tata Steel, Bajaj Finserv, Axis Bank, Hindustan Unilever, Infosys, Bajaj Finance, Nestle and ICICI Bank were the major gainers. Kotak Mahindra Bank, Mahindra & Mahindra, HCL Technologies, State Bank of India, Bharti Airtel and Tata Motors were among the laggards.

Sensex slumps 617 pts; Nifty falls below 17,000

Sensex slumps 617 pts; Nifty falls below 17,000

Rediff.com25 Apr 2022

Equity markets opened the trade on a lower note on Monday, extending the previous day's fall, with the Sensex tanking 785 points in early trade, mirroring an extremely weak trend in Asian markets. Also, unabated foreign fund outflows and selling in index majors Reliance Industries, Infosys and TCS added to the weak sentiment. The BSE benchmark Sensex was trading 785 points lower at 56,412.14. The NSE Nifty declined 243.35 points to 16,928.60

Markets end in red; Sensex sheds 139 points in volatile trade

Markets end in red; Sensex sheds 139 points in volatile trade

Rediff.com23 Feb 2023

In the Sensex pack, Asian Paints, Larsen & Toubro, Titan, IndusInd Bank, Bharti Airtel, Power Grid, Bajaj Finserv, Infosys, HDFC Bank and HDFC were the major laggards. On the other hand, Axis Bank, Tata Motors, ITC, State Bank of India, Tata Steel and Sun Pharma were among the gainers.

Sensex ends down 372 points; IT counters drag

Sensex ends down 372 points; IT counters drag

Rediff.com17 May 2023

Among the Sensex firms, Kotak Mahindra Bank, Asian Paints, Tata Consultancy Services, HCL Technologies, Infosys, Tata Steel, Wipro, Bajaj Finance, Tata Motors, Titan and Bajaj Finserv were the major laggards. In contrast, IndusInd Bank, ITC, Bharti Airtel, Maruti, UltraTech Cement, Mahindra & Mahindra and State Bank of India were the gainers.

Sensex falls 256 points due to selling in banking, FMCG shares

Sensex falls 256 points due to selling in banking, FMCG shares

Rediff.com31 Aug 2023

Asian Paints dropped the most by 1.33 per cent. IndusInd bank fell 1.2 per cent, Axis Bank by 1.19 per cent, SBI by 1.12 per cent, Bajaj Finance by 1.07 per cent, Nestle by 1.04 per cent, and TCS by 0.97 per cent. Hindustan Unilever, Reliance Industries, Power Grid and Kotak Bank also retreated. Maruti Suzuki was the lead gainer, rising by 2.22 per cent.

Markets fall for 3rd day; Sensex, Nifty decline nearly 1%

Markets fall for 3rd day; Sensex, Nifty decline nearly 1%

Rediff.com21 Nov 2022

Market benchmarks fell for third day running on Monday and ended nearly 1 per cent lower amid weak trend in global equities. The 30-share BSE Sensex declined 518.64 points or 0.84 per cent to settle at 61,144.84. During the day, it tumbled 604.15 points or 0.97 per cent to 61,059.33.

India's outward FDI rises to $1.85 bn in July 2023

India's outward FDI rises to $1.85 bn in July 2023

Rediff.com30 Aug 2023

Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. However, it was lower than the $2.18 billion in July last year, according to the Reserve Bank of India data. Outbound FDI, expressed as financial commitment, has three components - equity, loans, and guarantees.

Sensex falls 223 points; FMCG, IT stocks drag

Sensex falls 223 points; FMCG, IT stocks drag

Rediff.com9 Jun 2023

Equity benchmark indices Sensex and Nifty stayed on the back foot for the second straight session on Friday as investors offloaded FMCG, IT and teck stocks amid a weak opening in European markets. Selling pressure in index heavyweight Reliance Industries also added to the weak trend in equities. The 30-share BSE Sensex fell 223.01 points or 0.35 per cent to settle at 62,625.63.