Latest MCX Update, Crude oil falls on unresponsive global cues

Crude oil prices declined 0.05% to Rs 4,401 per barrel on Tuesday since participants decreased holdings in the midst of a weak trend overseas. Moreover, offloading of participant’s holdings, in proportion to a weak trend in global crude, mostly weighed Read more

Surge In ICICI Bank Stock Post Target Price-Hike By Goldman Sachs

Shares of ICICI Bank Ltd zoomed over 3% intraday mid-morning trade on Tuesday after the global  securities and investment management firm Goldman Sachs increased the target price (TP) on the stock, maintaining the rating BUY.  The Goldman Sachs hiked the Read more

TCS Shares Up after results, Nifty IT index Surges

Shares of Tata Consultancy Services (TCS) jumped on Monday upto an intraday high 4% on bourses, after the IT bellwether beat analysts’ estimates of its Q4 profit.  On the NSE, TCS share price rose an intraday high at Rs2,088.00 per Read more

Infosys Posts 10.5pc Increase In Q4 Profit

IT major Infosys Limited, on Friday after market hours, released its earnings results.  The company reported a 10.5pc increase in consolidated profit at Rs4,078-Crore for the Jan-March-2019 quarter on a Y-o-Y basis.  The Company had posted a profit of Rs3,690-Crore Read more

Sensex, Nifty Edged Higher; Auto, Bank Stocks Up

Indian shares ended higher on Friday with Buying in heavyweight stocks such as ITC, Infosys, Maruti and ICICI Bank which helped benchmark indices settle in the positive territory. On closing hours, the Sensex was up 160 points at 38767-mark, while Read more

L&T Stock Rise After Buying Stake In Shipbuilding Unit For Rs32.74-Cr

In a stock exchange filing on Thursday, the Infrastructure major Larsen & Toubro Ltd (L&T) said, that it has purchased Tamil Nadu Industrial Development Corp’s (TIDCO) 3pc stake in L&T Shipbuilding Ltd for Rs32.74-crore.  After the above acquisition, L&T Shipbuilding Read more