Tesla’s share price staged a strong comeback on Wednesday, surging more than 7% as part of a broader rally in the U.S. stock market. The electric vehicle (EV) giant’s stock closed at $248.09, marking a notable 7.59% gain for the day. The momentum carried into after-hours trading, where Tesla shares climbed an additional 1.98%, signaling…
Indian benchmark indexes ended lower on Wednesday, weighed down by losses in the information technology (IT) sector, which officially entered bear market territory. Concerns over the health of the U.S. economy and a series of stock downgrades contributed to the negative sentiment. The Nifty 50 index closed 0.12% lower at 22,470.5, while the Sensex slipped…
Shruti Shibulal, one of the promoters of Infosys and the daughter of Infosys co-founder and former CEO SD Shibulal, acquired a significant stake in the company through a major block deal on March 12, 2025. Shruti purchased 29.84 lakh shares of Infosys through an open market transaction, amounting to a total deal value of ₹469.69…
Indian benchmark equity indices saw modest gains on Thursday, supported by strength in banking and IT stocks. Investor sentiment improved following softer-than-expected inflation data from both the United States and India, which raised hopes of a more stable economic outlook. The easing inflation figures provided relief to the markets, as they suggested that central banks…
Tata Communications Ltd delivered a strong performance in the stock market on Tuesday, ending the trading session with impressive gains of over 8%, even as broader market sentiment remained weak and volatile. The stock opened at ₹1,361.05 on the Bombay Stock Exchange (BSE), starting the day slightly lower than its previous closing price of ₹1,372.40….
Bharti Airtel’s share price is expected to attract significant attention during Wednesday’s trading session following the company’s announcement on March 11 about a strategic agreement with Elon Musk’s SpaceX. The telecom giant disclosed that it has signed a deal to introduce SpaceX’s Starlink satellite internet services to the Indian market. This development could mark a…
Hindustan Zinc Ltd’s share price saw an uptick during intraday trading on Tuesday, even as the broader market remained volatile and key benchmark indices registered a decline of up to 0.5%. The positive movement in Hindustan Zinc’s stock came after the company announced plans to raise funds and revealed a strategic partnership aimed at expanding…
Shares of IndusInd Bank suffered a steep decline on Tuesday, March 11, plunging by 27% and hitting their lowest level since November 2020. This sharp drop came after the private sector lender disclosed accounting discrepancies in its derivatives portfolio, which are expected to have a one-time adverse impact on its earnings. The significant downturn in…
Angel One, a leading stock broking and wealth management company, has announced a revision to the record date for the payment of its second interim dividend for the financial year 2024-25 (FY25). The company disclosed this update on Tuesday, March 11, indicating that the record date for determining the eligibility of shareholders entitled to receive…
Tesla experienced a significant downturn on Wall Street on Monday, with its stock plunging by 15%, marking the company’s worst single-day performance since September 2020. This sharp decline intensified an already troubling period for the electric vehicle manufacturer, which has been struggling through a prolonged slump. The steep drop on Monday followed Tesla’s completion of…