News for 'tech-mahindra'

Markets end in green; Sensex up 14 points at close

Markets end in green; Sensex up 14 points at close

Rediff.com10 Apr 2023

Wipro, Power Grid, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, NTPC, Titan, Tata Consultancy Services and HCL Technologies were among the other major winners. Bajaj Finance, IndusInd Bank, Asian Paints, Hindustan Unilever, Axis Bank, ICICI Bank, Reliance Industries and HDFC Bank were among the laggards.

Sensex rises 145 points in choppy trade

Sensex rises 145 points in choppy trade

Rediff.com25 Oct 2021

ICICI Bank was the top gainer in the Sensex pack, soaring nearly 11 per cent, followed by Axis Bank, Dr Reddy's, SBI, M&M and Tech Mahindra. NSE Nifty advanced 10.50 points to 18,125.40.

D-Street continues to be in bear hug; Sensex ends down 85 points

D-Street continues to be in bear hug; Sensex ends down 85 points

Rediff.com2 May 2022

Benchmark indices continued their downtrend on Monday, with the Sensex falling 84.88 points, tracking selling in index majors Infosys and Reliance Industries along with weak global equities. The 30-share BSE benchmark went lower by 84.88 points or 0.15 per cent to settle at 56,975.99 after recovering some lost ground during the fag-end of trade. During the day, it tanked 648.25 points or 1.13 per cent to 56,412.62. The NSE Nifty declined 33.45 points or 0.20 per cent to close at 17,069.10.

Markets on record-making spree; rally for 8th day

Markets on record-making spree; rally for 8th day

Rediff.com1 Dec 2022

Benchmark indices rallied for the eighth day running on Thursday, ending at fresh record closing highs, amid firm global market trends and continuous foreign fund inflows. Buying in IT counters also added to the momentum.

Sensex rises over 120 points on fag-end buying

Sensex rises over 120 points on fag-end buying

Rediff.com8 Mar 2023

IndusInd Bank was the biggest gainer on the Sensex chart, rising 4.75 per cent, followed by M&M, L&T, NTPC, ITC, Ultra Cement, Tata Steel, Maruti and SBI. In contrast, Bajaj Finance, Tech Mahindra, Infosys and Sun Pharma were among the losers, shedding up to 2.30 per cent.

Foreign fund inflows push Sensex up by 105 points

Foreign fund inflows push Sensex up by 105 points

Rediff.com9 Sep 2022

Benchmark indices ended on a firm note on Friday, extending their previous day's gain, amid continuous foreign fund inflows and a positive trend in the global markets. The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14. During the day, it jumped 431.58 points or 0.72 per cent to 60,119.80.

Sensex tumbles 396 pts; Nifty slips below 18,000

Sensex tumbles 396 pts; Nifty slips below 18,000

Rediff.com16 Nov 2021

Reliance Industries was the top loser in the Sensex pack, shedding over 2 per cent, followed by SBI, UltraTech Cement, IndusInd Bank, NTPC and Sun Pharma. On the other hand, Maruti, M&M, Tech Mahindra, Bajaj Finance, Infosys and Bajaj Finserv were among the gainers.

Sensex jumps 900 points on firm global trends

Sensex jumps 900 points on firm global trends

Rediff.com3 Mar 2023

The Sensex jumped nearly 900 points and the Nifty rallied over 272 points on Friday, bouncing back from the previous day's fall, following a positive trend in global equities and fresh foreign fund inflows. The BSE Sensex rallied 899.62 points or 1.53 per cent to end at 59,808.97 after starting the trade on a positive note. During the day, it jumped 1,057.69 points or 1.79 per cent to 59,967.04.

Markets tumble over 1%; Sensex tanks 888 points

Markets tumble over 1%; Sensex tanks 888 points

Rediff.com21 Jul 2023

From the Sensex pack, Infosys tanked over 8 per cent after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook to 1-3.5 per cent on delayed decision-making by clients amid global macro uncertainties. Hindustan Unilever, HCL Technologies, Wipro, and Tech Mahindra were the other major laggards. On the other hand, Larsen & Toubro rose the most by 3.88 per cent after it bagged an order of worth over Rs 7,000 crore from the bullet train project.

Sensex tanks 769 points; Nifty slumps below 16,250

Sensex tanks 769 points; Nifty slumps below 16,250

Rediff.com4 Mar 2022

Titan, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan Unilever Limited were the biggest drags on the Sensex, tumbling up to 5.05 per cent. In contrast, ITC, Dr Reddy's Laboratories, Tech Mahindra and UltraTech Cement were among the gainers.

Sensex bleeds in morning trade, down by 869 pts

Sensex bleeds in morning trade, down by 869 pts

Rediff.com25 Jan 2023

Benchmark indices Sensex and Nifty declined in early trade on Wednesday due to selling in financials, oil and IT stocks amid weak global trends.

Buying in index majors push Sensex up 327 points

Buying in index majors push Sensex up 327 points

Rediff.com2 Jan 2023

Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets. The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.

Sensex snaps 3-day losing run, climbs 298 points

Sensex snaps 3-day losing run, climbs 298 points

Rediff.com19 May 2023

Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. NTPC, Asian Paints, Titan and Power Grid were among the laggards.

Sensex soars 777 pts tracking gains in index majors

Sensex soars 777 pts tracking gains in index majors

Rediff.com2 Dec 2021

HDFC was the top gainer in the Sensex pack, climbing nearly 4 per cent, followed by PowerGrid, Sun Pharma, Tata Steel, Tech Mahindra and Bajaj Finserv. NSE Nifty surged 234.75 points to 17,401.65.

Sensex slumps 410 points, Nifty drops below 17,750

Sensex slumps 410 points, Nifty drops below 17,750

Rediff.com28 Sep 2021

Bharti Airtel was the top loser in the Sensex pack, shedding nearly 4 per cent, followed by Tech Mahindra, Bajaj Finance, Bajaj Finserv, HCL Tech and Infosys.

Markets end in red; Sensex falls 263 points

Markets end in red; Sensex falls 263 points

Rediff.com21 Sep 2022

Equity indices ended lower on Wednesday amid mixed global market trends ahead of the keenly awaited US Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44 per cent to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. The NSE Nifty went lower by 97.90 points or 0.55 per cent to end at 17,718.35.

Sensex surges 514 points; Nifty reclaims 17,500-mark

Sensex surges 514 points; Nifty reclaims 17,500-mark

Rediff.com21 Sep 2021

Bajaj Finance was the top gainer in the Sensex pack, rising around 5 per cent, followed by IndusInd Bank, Tata Steel, ITC, Bajaj Finserv, Tech Mahindra and Infosys. On the other hand, Maruti, Bajaj Auto, Nestle India, PowerGrid and Axis Bank were among the laggards.

Sensex snaps 2-day winning run, ends marginally lower

Sensex snaps 2-day winning run, ends marginally lower

Rediff.com6 Jul 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 2 per cent, followed by TCS, Maruti, Reliance, Sun Pharma and Infosys. NSE Nifty fell 16.10 points to 15,818.25.

Sensex tanks 1,093 points; closes below 60K

Sensex tanks 1,093 points; closes below 60K

Rediff.com16 Sep 2022

Benchmark indices faced severe drubbing on Friday, with the Sensex and Nifty falling nearly 2 per cent each amid feeble global market trends. Foreign fund outflows and fears of recession in the global economy have dented investor sentiments. Falling for the third day in a row, the 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79.

Sensex drops 186 points on profit-booking

Sensex drops 186 points on profit-booking

Rediff.com29 Jun 2021

Kotak Bank was the top loser in the Sensex pack, shedding over 1 per cent, followed by ICICI Bank, Tech Mahindra, Bajaj Auto, Mahindra and Mahindra, SBI and Axis Bank. NSE Nifty tumbled 66.25 points to 15,748.45.

Markets rally after 3 days; Sensex zoomed 847 points

Markets rally after 3 days; Sensex zoomed 847 points

Rediff.com9 Jan 2023

Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters. The 30-share BSE Sensex zoomed 846.94 points or 1.41 per cent to settle at 60,747.31. During the day, it jumped 989.04 points or 1.65 per cent to 60,889.41.

Morgan Stanley ups target price of IT stocks by up to 29%

Morgan Stanley ups target price of IT stocks by up to 29%

Rediff.com5 Oct 2023

Morgan Stanley has increased the target prices of certain information technology (IT) stocks by as much as 29 per cent, anticipating an improvement in earnings in the near future. Within the IT and engineering research and development (ER&D) services sector, it is now more optimistic about growth and margin estimates for 2024-25 (FY25).

RIL, HDFC, Bajaj Finance drag Sensex down 503 points

RIL, HDFC, Bajaj Finance drag Sensex down 503 points

Rediff.com13 Dec 2021

Bajaj Finance was the top loser in the Sensex pack, shedding around 3 per cent, followed by Bajaj Finserv, Reliance Industries, M&M, Nestle India and SBI. On the other hand, Axis Bank, Tech Mahindra, PowerGrid and Maruti were among the gainers.

Markets decline for 3rd day as HDFC Bank, TCS slide

Markets decline for 3rd day as HDFC Bank, TCS slide

Rediff.com25 Mar 2022

From the 30-share pack, Titan, Tech Mahindra, Maruti Suzuki India, Wipro, Nestle India, TCS, Larsen & Toubro, HCL Technologies, Tata Steel and HDFC Bank were among the major laggards. NSE Nifty declined 69.75 points to settle at 17,153.

IT stocks log biggest gain in nearly three years as growth worries ebb

IT stocks log biggest gain in nearly three years as growth worries ebb

Rediff.com22 Jul 2023

The gauge for the performance of informational technology (IT) stocks soared nearly 5 per cent-most in nearly three years-as growth worries eased following a robust order book posted by bellwether Tata Consultancy Services (TCS). The Nifty IT index rose 4.5 per cent to close at 30,945. This was the biggest single-day gain since September 14, 2020. Industry titan TCS' shares rose 5 per cent to Rs 3,509.

Sensex falls below 65K; IT, metal stocks weigh

Sensex falls below 65K; IT, metal stocks weigh

Rediff.com19 Aug 2023

Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65k mark on Friday, as investors offloaded IT, teck and metal stocks amid a bearish global trend. Besides, fresh foreign fund outflows also hit investor sentiments, traders said. In a volatile trade, the 30-share BSE Sensex declined 202.36 points or 0.31 per cent to settle at 64,948.66.

Sensex closed up by 697 pts on gains in RIL, Infosys, TCS

Sensex closed up by 697 pts on gains in RIL, Infosys, TCS

Rediff.com22 Mar 2022

Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday, helped by heavy buying in index heavyweight Reliance Industries, Infosys and TCS amid gains in global equities. The 30-share BSE Sensex closed up by 696.81 points or 1.22 per cent at 57,989.30. It touched a high of 58,052.87 and a low of 56,930.30 in intra-day trade.

Sensex surges 813 pts on Survey's growth projection

Sensex surges 813 pts on Survey's growth projection

Rediff.com31 Jan 2022

In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid. NSE Nifty rallied 237.90 points to 17,339

Sensex tanks 897 points to close below 59K

Sensex tanks 897 points to close below 59K

Rediff.com13 Mar 2023

IndusInd Bank was the biggest loser in the Sensex pack, shedding 7.46 per cent, followed by SBI, Tata Motors, M&M, Bajaj Finserv, Axis Bank and Infosys. In contrast, Tech Mahindra was the only winner.

Sensex tanks 555 points amid global selloff; Nifty sinks below 17,700

Sensex tanks 555 points amid global selloff; Nifty sinks below 17,700

Rediff.com6 Oct 2021

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Tata Steel, Bajaj Auto, HCL Tech, Sun Pharma and Tech Mahindra. On the other hand, HDFC twins and Bajaj Finance were the gainers.

Sensex nosedives 1,017 points; Nifty slumps below 16,300

Sensex nosedives 1,017 points; Nifty slumps below 16,300

Rediff.com10 Jun 2022

Equity benchmark Sensex slumped over 1,000 points to sink below the 55,000-level on Friday, tracking deep losses in IT, finance, banking and energy stocks amid widespread selling in the global markets. A weak rupee, surging crude prices and relentless foreign capital outflows further weighed on sentiment, traders said. The 30-share BSE index ended 1,016.84 points or 1.84 per cent lower at 54,303.44.

Sensex rallies 534 pts led by gains in index heavyweights

Sensex rallies 534 pts led by gains in index heavyweights

Rediff.com4 Oct 2021

NTPC was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finserv, SBI, Bajaj Finance, Tech Mahindra, Dr Reddy's and Tata Steel.

Sensex soars 832 points to reclaim 60K mark

Sensex soars 832 points to reclaim 60K mark

Rediff.com1 Nov 2021

IndusInd Bank was the top gainer in the Sensex pack, soaring over 7 per cent, followed by Bharti Airtel, HCL Tech, Tata Steel, Tech Mahindra and Dr Reddy's.

RIL, Maruti, SBI give Sensex 620-point boost

RIL, Maruti, SBI give Sensex 620-point boost

Rediff.com1 Dec 2021

IndusInd Bank was the top gainer in the Sensex pack, rising nearly 6 per cent, followed by Axis Bank, SBI, Maruti, Tech Mahindra and Reliance Industries. NSE Nifty surged 183.70 points to close at 17,166.90.

Sensex down 254 pts; index majors weigh

Sensex down 254 pts; index majors weigh

Rediff.com29 Sep 2021

HDFC was the top loser in the Sensex pack, shedding nearly 2 per cent, followed by Kotak Bank, Asian Paints, UltraTech Cement, HDFC Bank, HUL and Tech Mahindra.

Markets end manic Monday in the red; Sensex tanks 1,546 points

Markets end manic Monday in the red; Sensex tanks 1,546 points

Rediff.com24 Jan 2022

Equity benchmark Sensex on Monday crashed about 1,546 points to sink below the 58,000-level due to across-the-board selloff tracking sluggish global markets. Besides, persistent foreign capital outflows continued to affect the market sentiment, traders said. Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red. The 30-share BSE Sensex ended 1,545.67 points or 2.62 per cent lower at 57,491.51.

Sensex, Nifty pare intra-day gains to end in red

Sensex, Nifty pare intra-day gains to end in red

Rediff.com30 Dec 2022

From the Sensex pack, ICICI Bank, Bharti Airtel, HDFC, ITC, Nestle, Larsen & Toubro, Asian Paints, Mahindra & Mahindra, Power Grid and IndusInd Bank were the major laggards on Friday. In contrast, Bajaj Finserv, Titan, Bajaj Finance, Tata Steel, Tata Motors, Wipro, Kotak Mahindra Bank, Tech Mahindra, Reliance Industries and State Bank of India were the major winners.

Sensex, Nifty fall over 1% amid weak global trends

Sensex, Nifty fall over 1% amid weak global trends

Rediff.com1 Sep 2022

Benchmark indices Sensex and Nifty took a beating on Thursday and dropped over 1 per cent each, weighed by selling in index major Reliance Industries, IT and banking stocks amid weak global trends. The BSE Sensex fell 770.48 points or 1.29 per cent to settle at 58,766.59. During the day, it tanked 1,014.5 points or 1.70 per cent to 58,522.57. Similarly, the NSE Nifty declined 216.50 points or 1.22 per cent to close at 17,542.80.

Why it makes sense to keep off digital stocks

Why it makes sense to keep off digital stocks

Rediff.com22 Nov 2022

Investors seem to be shying away from stocks of companies in the 'digital' space with most counters that comprise the Nifty India Digital index giving negative returns over the past year. The index tracks the performance of a portfolio of stocks that broadly represent the 'digital theme' within basic industries, such as software, e-commerce, IT-enabled services, industrial electronics, and telecom services. The fall in some of these stocks over the past year has been steep; the sharpest decline of around 60 per cent was seen in shares of PB Fintech (parent company of Policybazaar).

Sensex crosses 60,000-mark ahead of Budget

Sensex crosses 60,000-mark ahead of Budget

Rediff.com1 Feb 2023

Equity benchmarks climbed in early trade on Wednesday amid an overall positive trend in the global markets and ahead of the presentation of Union Budget 2023-24. The 30-share BSE benchmark Sensex jumped 516.97 points to 60,066.87. The broader NSE Nifty climbed 153.15 points to 17,815.30.