On Tuesday, domestic markets opened in the green with decent gains. At 9:47 am, the BSE IT index is trading at 28,649.75 with gains of 1.07. Top gainers include Vakrangee, Cerebra Integrated Services, L&T Technology Services, Coforge and Mosc

On Tuesday, Indian equity markets opened with healthy gains on account of strong buying interest from investors. At 9:27 am, Nifty 50 and Sensex are trading with gains of 1.00 each at levels of 17,470 and 58,970, respectively. Top gainers of the

Equities continued to rally for the second successive day. On Monday, Nifty opened with a gap down and recovered within a few minutes of trade. It closed above the 50DMA and the 20DMA but failed to move above the previous day's high. The MACD has

On 15th October 2022, L&T Infotech announced its quarterly results for the second quarter of FY2023. Q2FY23 Performance updates: In USD: - The Revenue stood at $ 601.0 million; with a growth of 3.6 QoQ and 18.1 YoY - The C

The company's net profit significantly improved, by 108 sequentially and 405 QoQ, to reach Rs 363 crore for the quarter ending Q1FY23. The stock began trading at Rs 215 and rose as much as 10.67 over the day, reaching Rs 241.50. The 52-week hig

Net Profit saw a 103 jump and came in at Rs 535 crore Bank of Maharashtra announced that in Q2FY23 reporting a 15.92 growth in total business to Rs 344,065 crore. The bank's Gross Advances increased by 28.62 to Rs 148,216 crore and Net Inter

Electronics Mart India Ltd had a strong listing on 17th October 2022, listing at a premium of 52.5, and closing the day well above the issue price; albeit below the listing price. While the stock did show some bouts of volatility during the day, it

The windfall tax was first imposed a few months back for a few distinct reasons. Firstly, the government wanted to take away part of the price of the oil and gas produced or exported from India when price levels are higher. Secondly, windfall tax for

On 15th October 2022, ICICI Prudential Life Insurance announced its second quarter results for the period ending 30th September 2022. Q2FY23 Performance updates: - Net premium earned was Rs.95.82 billion with a growth of 3.18 YoY.

At a time when the mainboard IPOs had been reduced to a virtual trickle, the SME IPOs are virtually making hay. The mainboard IPOs may have had problems like start-up funding, aggressive valuations, earnings growth etc. SME IPOs don’t seem to have

On Friday, when the Office of the Economic Advisor announced the WPI inflation, there was some room for cheer. CPI inflation may not have come down but WPI inflation has surely come down and it has come down sharply. More importantly, the fall in WPI

Yes, attrition or the pace at which a company loses people, has been the biggest bane of Indian IT in the last few quarters. How did this attrition problem become pronounced? The reason was the sudden mismatch in demand and supply. The Indian IT sect