Stock Market
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Tesla plans 3-way stock split to make its shares affordable
San Francisco: Elon Musk-run Tesla has asked its shareholders to approve a three-way stock split which will make its share more affordable. Tesla stock has jumped 43.5 per cent since the company’s…
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Indices slump sharply on global cues, Sensex tumbles over 1,000 pts
New Delhi: Domestic equity benchmark indices declined further as the session progressed and settled sharply lower on Friday, triggered by strong sell-off in global equities. With Friday’s slump, the indices have declined…
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Indices extend losses; Sensex, Nifty shed over 1% each
New Delhi: Domestic indices on Tuesday extended their losses from the previous session as the overall sentiments still remain cautious amongst investors as they are worried about inflation and benchmark interest rates,…
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Rupee slips 6 paise to 77.61 against US dollar
Mumbai: The rupee declined 6 paise to close at 77.61 against the US dollar on Thursday, as firm crude prices and relentless foreign capital outflows dented investor sentiment. However, a rally in…
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Indices settle low, weighed down by metal, IT, FMCG, media stocks
New Delhi: Indian equity benchmark indices traded in a narrow range on Tuesday and settled marginally in the red. The Sensex closed at 54,052.61 points, down 236 points, or 0.43 per cent,…
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Bharti Airtel’s revenues up 22% YoY, net profit 165% in Q4FY22
New Delhi: Telecom service provider Bharti Airtel posted quarterly revenues of Rs 31,500 crore in Q4FY22, up 22.3 percent year on year. The sharp rise in revenues was backed by strong and…
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Equity indices up in opening deals
New Delhi: Indian equity benchmark indices climbed in opening deals on Friday led by gains across all sectoral indices after a steep fall in the previous session and a consistent decline in…
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Opinion: The what and why of stock market crimes
By Prabhakar Kaza Fraud is never accidental. Much as most fraudsters have tried to convince the Press and the Judiciary, it is invariably pre-meditated. Above all, fraudsters know that it is their…
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Stock markets tumble after biggest interest rate hike in 22 yrs
London: Stock markets in Asia and America have tumbled after the US Federal Reserve this week announced the biggest interest rate hike in 22 years. The sell-off comes as worries intensified over…
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Rupee slumps 38 paise to 76.73 against US dollar in early trade
Mumbai: The rupee depreciated 38 paise to 76.73 against the US dollar in the opening trade on Friday, weighed down by unabated foreign fund outflows and firm crude oil prices. At the…
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Equity market awaits US Fed meet for fresh cues: Swastika Investmart
New Delhi: The equity market is likely to kick off next week on a sombre note after a sharp fall in the US market overnight and the focus will shift to the…
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Wipro’s net income rises 4% to Rs 30.9 bn in Q4
Bengaluru, April 29 (IANS) IT major Wipro announced its financial results for the fourth quarter of FY22 ended March 31 on Saturday. According to an official statement issued by the company, its gross…
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Equities keep early gains intact, settle in green
New Delhi: Keeping the morning session gains intact, the Indian equity benchmarks settled Thursday’s trade on a positive note. On Thursday, Sensex settled at 57,521 points, up 702 points or 1.2 per…
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ICICI Bank Q4FY22 net profit at Rs 7,019, up 59% YoY
New Delhi: Private lender ICICI Bank on Saturday reported its profit after tax during Q4FY22 at Rs 7,019 crore, up 59.4 percent year-on-year from the same quarter last fiscal. The net interest…
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Markets close on a negative note
Mumbai: Indian stock markets closed on a negative note on Friday. The BSE’s 30-scrip Sensex closed at 57,197.15 points, down by 714.53 points or 1.23 per cent. It opened at 57,531.95 points…
