News for 'tech-mahindra'

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

Oil, banking stocks drag Sensex down 184 points

Oil, banking stocks drag Sensex down 184 points

Rediff.com18 Apr 2023

Among the Sensex firms, Power Grid, UltraTech Cement, Titan, Reliance Industries, Bajaj Finance, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services, Tech Mahindra, ITC and HDFC Bank were the major laggards. HCL Technologies, IndusInd Bank, Wipro, Nestle, Maruti, Larsen & Toubro and Asian Paints were among the gainers.

Bulls rule Dalal Street: Sensex jumps 803.14 points to settle at new all-time high of 64,719

Bulls rule Dalal Street: Sensex jumps 803.14 points to settle at new all-time high of 64,719

Rediff.com30 Jun 2023

From the Sensex pack, Power Grid, Infosys, Asian Paints, Mahindra & Mahindra, HCL Technologies, IndusInd Bank, Tech Mahindra, Bajaj Finance, Wipro, Tata Consultancy Services, HDFC Bank and Titan were the major gainers. Tata Steel and Bharti Airtel were the laggards.

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.

Global trends, banking stocks help markets end in green

Global trends, banking stocks help markets end in green

Rediff.com23 Nov 2022

Equity benchmarks ended higher on Wednesday amid buying in banking counters and a firm trend in global markets. Continuing its previous day rally, the 30-share BSE Sensex climbed 91.62 points or 0.15 per cent to settle at 61,510.58. During the day, it jumped 361.94 points or 0.58 per cent to 61,780.90. The broader NSE Nifty gained 23.05 points or 0.13 per cent to end at 18,267.25.

Sensex, Nifty soar nearly 2% on gains in RIL, Infosys

Sensex, Nifty soar nearly 2% on gains in RIL, Infosys

Rediff.com30 May 2022

Extending their rally to a third straight day, benchmark indices Sensex and Nifty jumped nearly 2 per cent on Monday on heavy buying in Reliance Industries and Infosys amid a firm trend in global equities. The 30-share BSE Sensex rallied 1,041.08 points or 1.90 per cent to settle at 55,925.74. During the day, it gained 1,197.99 points or 2.18 per cent to 56,082.65. The broader NSE Nifty jumped 308.95 points or 1.89 per cent to settle at 16,661.40.

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.

Power, utility stocks help Sensex, Nifty end in green

Power, utility stocks help Sensex, Nifty end in green

Rediff.com25 Apr 2023

Bajaj Finance led the Sensex gainers' chart, spurting up to 2.38 per cent, followed by Bajaj Finserve rising 2.11 per cent and IndusInd Bank closing 1.66 per cent higher. Bharti Airtel, SBI and L&T increased by 1.60 per cent, 1.28 per cent and 0.92 per cent, respectively.

Sensex, Nifty close at all-time highs on gains in HDFC twins, RIL

Sensex, Nifty close at all-time highs on gains in HDFC twins, RIL

Rediff.com21 Jun 2023

From the Sensex pack, Power Grid, HDFC Bank, HDFC, Tech Mahindra, Tata Consultancy Services, Wipro, Reliance Industries and Larsen & Toubro were the major gainers. Mahindra & Mahindra, ITC, IndusInd Bank, Axis Bank, Bajaj Finance and Maruti were among the laggards.

'We will try to be among top 3 IT services firms'

'We will try to be among top 3 IT services firms'

Rediff.com5 Jan 2022

'There is definitely a skill war, or a talent war going on.'

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.

Chess Legends Face Off: Anand, Carlsen headline Day 2

Chess Legends Face Off: Anand, Carlsen headline Day 2

Rediff.com23 Jun 2023

The second day of the Tech Mahindra Global Chess League witnessed the debut of Magnus Carlsen, the strongest chess player in the world. C

Sensex breaches record 66,000-mark, Nifty scales fresh lifetime high

Sensex breaches record 66,000-mark, Nifty scales fresh lifetime high

Rediff.com13 Jul 2023

Power Grid, HCL Technologies, Asian Paints, Hindustan Unilever, Maruti and Nestle were among the laggards. Shares of HCL Technologies were trading over 1 per cent lower even after the company reported a 7.6 per cent year-on-year rise in June quarter net profit on the back of new order wins.

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Rediff.com8 Oct 2023

Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.

L&T, Infy, TCS drag Sensex down 372 points

L&T, Infy, TCS drag Sensex down 372 points

Rediff.com18 Nov 2021

Equity benchmark Sensex tanked 372 points on Thursday, tracking losses in index majors L&T, Infosys and TCS amid a negative trend in global markets. The 30-share index ended 372.32 points or 0.62 per cent lower at 59,636.01. Similarly, the NSE Nifty fell 133.85 points or 0.75 per cent to 17,764.80.

Sensex dives 704 points on fag-end sell-off

Sensex dives 704 points on fag-end sell-off

Rediff.com19 Apr 2022

Markets went into a tailspin during fag-end of the trade on Tuesday, with the Sensex closing 703.59 points lower as weakness in HDFC twins and Infosys continued to dent sentiments. Concerns over rising inflation and foreign fund outflows in the wake of the uncertain geopolitical situation also sapped investor confidence. In a highly volatile trade, the Sensex finished 703.59 points or 1.23 per cent lower at 56,463.15 as fag-end selling emerged.

Markets settle lower; Sensex falls for third day

Markets settle lower; Sensex falls for third day

Rediff.com6 Dec 2022

Benchmark indices ended the day in the negative territory on Tuesday amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, it tumbled 444.53 points or 0.70 per cent to 62,390.07.

Markets settle on flat note; Sensex declines 34 points

Markets settle on flat note; Sensex declines 34 points

Rediff.com5 Dec 2022

Equity benchmark indices ended on a flat note on Monday, with the BSE Sensex falling nearly 34 points, recording its second day of decline after an eight-day rally. In a volatile trade, the 30-share BSE benchmark dipped 33.9 points or 0.05 per cent to settle at 62,834.60. During the day, it fell 360.62 points or 0.57 per cent to 62,507.88.

Sensex zooms 767 pts on heavy buying in Infy, RIL, HDFC Bank

Sensex zooms 767 pts on heavy buying in Infy, RIL, HDFC Bank

Rediff.com12 Nov 2021

Tech Mahindra was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Infosys, Bajaj Finserv, Asian Paints and Bajaj Finance. Nifty rose 229.15 points to 18,102.75.

M-cap of BSE-listed firms reach all-time high of Rs 299.90 lakh cr

M-cap of BSE-listed firms reach all-time high of Rs 299.90 lakh cr

Rediff.com5 Jul 2023

The market capitalisation of BSE-listed firms reached an all-time high of Rs 299.90 lakh crore on Wednesday despite the Sensex falling marginally after a remarkable record-breaking rally in the last few trading sessions. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04, after rallying in the past five trading straight sessions. During the day, the benchmark hit a low of 65,256.49 and a high of 65,584.33.

Markets fall nearly 1%; Sensex ends down 398 points

Markets fall nearly 1%; Sensex ends down 398 points

Rediff.com24 Mar 2023

Bajaj Finserv was the biggest loser among the Sensex constituents, sliding 3.81 per cent, followed by Bajaj Finance, Tata Steel, Reliance Industries, HCL Tech, SBI, Larsen & Toubro and Mahindra & Mahindra, Axis Bank and Titan. On the other hand, Kotak Mahindra Bank, Infosys, Tech Mahindra, Power Grid, Asian Paints and Wipro were the gainers.

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.

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 end in red; Sensex tanks 299 points at close

Markets end in red; Sensex tanks 299 points at close

Rediff.com24 Jul 2023

From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, PowerGrid and Bajaj Finserve gained up to 2.01 per cent. On the other hand, bellwether stocks such as ITC, Kotak Mahindra, Tech Mahindra and Reliance were the laggards. ITC shares closed the session with a loss of 3.87 per cent lower and Reliance ended 1.92 per cent lower.

Sensex rallies 350 points to reclaim 63,000-mark

Sensex rallies 350 points to reclaim 63,000-mark

Rediff.com7 Jun 2023

From the Sensex pack, Nestle, Tata Steel, Tata Motors, Bharti Airtel, Larsen & Toubro, Power Grid, NTPC, Tata Consultancy Services, Tech Mahindra, Infosys and Axis Bank were the major gainers. Kotak Mahindra Bank, Maruti, Bajaj Finance, Mahindra & Mahindra and ICICI Bank were the laggards.

Markets fall nearly 1%; Sensex ends down 502 points

Markets fall nearly 1%; Sensex ends down 502 points

Rediff.com2 Mar 2023

From the Sensex pack, Maruti, Axis Bank, Tata Consultancy Services, Nestle, Infosys, Mahindra & Mahindra, Tech Mahindra and Bharti Airtel were the major laggards. Power Grid, Sun Pharma, HCL Technologies, Larsen & Toubro and UltraTech Cement were the gainers.

Sensex climbs 240 points on buying in index heavyweights

Sensex climbs 240 points on buying in index heavyweights

Rediff.com5 Jun 2023

From the Sensex pack, Mahindra & Mahindra climbed 3.81 per cent and Axis Bank advanced 2.68 per cent, followed by Tata Motors, Larsen & Toubro, Tata Steel, ICICI Bank, Reliance Industries, Maruti, IndusInd Bank and Sun Pharma. Asian Paints, Tech Mahindra, Nestle, Hindustan Unilever, Kotak Mahindra Bank and ITC were among the laggards.

Sensex pares most losses; ends down 104 points

Sensex pares most losses; ends down 104 points

Rediff.com20 Dec 2022

Equity benchmarks recovered most of their intra-day losses and ended marginally lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services. Helped by last minute buying activity in some of the index heavyweights, the 30-share BSE benchmark Sensex managed to trim most of its early declines and ended lower by 103.90 points or 0.17 per cent at 61,702.29. During the day, it had tumbled 703.51 points or 1.13 per cent to 61,102.68.

After two-day selloff, Sensex surges 497 pts at close

After two-day selloff, Sensex surges 497 pts at close

Rediff.com21 Dec 2021

HCL Tech was the top gainer in the Sensex pack, rising around 3 per cent, followed by Tech Mahindra, Tata Steel, Wipro, NTPC and Titan. Nifty advanced 187.05 points to 16,801.25.

Sensex snaps 3-day winning run; falls 542 points

Sensex snaps 3-day winning run; falls 542 points

Rediff.com9 Mar 2023

M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers.

Sensex climbs 349 points; Nifty nears 18K

Sensex climbs 349 points; Nifty nears 18K

Rediff.com27 Apr 2023

From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.

Realty, auto, metal stocks drag Sensex down by 550 points

Realty, auto, metal stocks drag Sensex down by 550 points

Rediff.com18 Jan 2022

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.

Sensex ends down 208 points on weak global trends

Sensex ends down 208 points on weak global trends

Rediff.com24 May 2023

Among the Sensex firms, Tata Motors, HDFC Bank, ICICI Bank, HDFC, Bajaj Finserv, Reliance Industries, Hindustan Unilever, Larsen & Toubro, Asian Paints and Tata Steel were the major laggards. Sun Pharma, Titan, ITC, IndusInd Bank, Tech Mahindra and Power Grid were among the winners.

Sensex ends down 251 points; IT, bank stocks top drags

Sensex ends down 251 points; IT, bank stocks top drags

Rediff.com13 Feb 2023

SBI was the biggest loser in the Sensex pack, tumbling 2.83 per cent, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro and Axis Bank. In contrast, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC and HDFC twins were among the prominent winners, rising as much as 1.97 per cent.

Anand, Carlsen, Ding to compete in Global Chess League

Anand, Carlsen, Ding to compete in Global Chess League

Rediff.com23 May 2023

The upcoming inaugural edition of the Global Chess League (GCL) will feature the sport's icons such as Viswanathan Anand, Magnus Carlsen, Hou Yifan and Ding Liren.

Is the fall in information technology stocks overdone?

Is the fall in information technology stocks overdone?

Rediff.com10 Jun 2022

After a sharp correction over the last few months, analysts seem to be turning cautiously optimistic on the information technology (IT) sector and suggest there could be trading opportunities in select counters despite revenue and growth concerns that still plague the sector. "IT stocks valuations have corrected 17 per cent-49 per cent and stock prices have corrected 9 - 42 per cent since mid-December 2021. Nifty IT index valuation has corrected by 27 per cent and price by 21 per cent. "About two quarters ago, we made a case that valuation drivers have peaked.

Sensex, Nifty end flat in volatile trading

Sensex, Nifty end flat in volatile trading

Rediff.com21 Apr 2023

Among the Sensex firms, ITC, Tata Consultancy Services, Wipro, Asian Paints, HCL Technologies, HDFC, Kotak Mahindra Bank, Bajaj Finance, Infosys, Sun Pharma, Hindustan Unilever, Power Grid, Reliance Industries and HDFC Bank were the winners. HCL Technologies climbed 1 per cent after the company on Thursday posted a 10.85 per cent increase in consolidated net profit to Rs 3,983 crore for the fourth quarter of 2022-23. Tech Mahindra, Maruti, Tata Steel, UltraTech Cement, Tata Motors and ICICI Bank were among the laggards.

Sensex tanks over 1,400 pts amid global market rout

Sensex tanks over 1,400 pts amid global market rout

Rediff.com19 May 2022

Equity benchmarks fell sharply on Thursday in line with an extremely weak trend in the global markets, with the Sensex plunging 1,154.78 points in early trade. Persistent foreign fund outflows and a spurt in crude oil prices also dampened sentiment. The 30-share BSE benchmark was trading 1,154.78 points lower at 53,053.75. The broader NSE Nifty tumbled 335.65 points to 15,904.65.

Markets close on mixed note; Sensex slides, Nifty gains

Markets close on mixed note; Sensex slides, Nifty gains

Rediff.com5 Jul 2023

Equity benchmark indices ended flat on Wednesday with Sensex sliding 33 points and Nifty gaining 9 points after an unabated record-breaking rally in the last few trading sessions. Weak global market trends and fall in HDFC twins also spoiled markets party. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04.

Markets halt four-day rally; Sensex ends down 327 points

Markets halt four-day rally; Sensex ends down 327 points

Rediff.com2 Nov 2022

Benchmark indices ended lower on Wednesday after a four-day rally amid a mixed trend in global equity markets. After a positive beginning, the 30-share BSE Sensex failed to hold on to the gains and ended 215.26 points or 0.35 per cent lower at 60,906.09. During the day, it slipped 326.96 points or 0.53 per cent to 60,794.39.