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The shares of Tata Consultancy Services (TCS) rallied around 7% on Monday, extending a two-session gaining streak that added more than Rs 56,225 crore to the market capitalisation of India’s largest IT company. TCS shares rose to Rs 2,204.90 apiece on the NSE on Monday afternoon, the highest level seen by the stock in nearly…
Shares of Cupid Limited witnessed mild profit booking in Monday’s trading session, and slipped around 1.5% to Rs 209. However, the recent weakness appears minor compared with the stock’s strong rally over the past few months. The stock has gained significant investor attention after delivering multibagger returns, surging nearly 131% in just three months due…
Shares of HDFC Bank fell nearly 2% on Monday, erasing around Rs 21,500 crore from the lender’s market capitalisation and weighing on the broader market, making it one of the key contributors to the day’s decline. After opening, HDFC Bank shares fell to Rs 811 apiece, snapping a two-session gaining streak. The market capitalisation of…
Shares of Tata Consultancy Services (TCS) jumped around 3% on Monday, extending sharp gains for the second consecutive session after India’s largest IT company released its results for the April-June quarter of FY26. The IT bellwether reported last week 5% year-on-year (YoY) growth in consolidated net profit to Rs 13,349 crore for the first quarter…
Shares of Just Dial rallied as much as 14% to an intraday high of Rs 645 on the BSE on Monday after the company reported a strong set of Q1 earnings. Net profit rose 4.1% year-on-year (YoY) to Rs 166.2 crore, while revenue increased 9.9% YoY and 6.6% sequentially to Rs 327.5 crore. EBITDA grew…
Selling property in India can be a rewarding financial decision for Non-Resident Indians (NRIs), but it also comes with a complex web of tax rules that can significantly impact the final proceeds. One of the biggest pain points is the tax deducted at source (TDS), which is often withheld on the entire sale consideration rather…
SK Hynix shares dropped as much as 8.2% in early Seoul trade on Monday as investors booked profit, after a high-profile U.S. listing saw the world’s leading AI memory chipmaker surge 12.8% in its Nasdaq debut on Friday. The South Korean firm raised over $26 billion selling American Depositary Receipts priced $149 each. The ADRs…
South Korea’s Kospi stock index plunged more than five percent Monday morning as tech firms suffered another bout of heavy selling fuelled by concerns over the AI investment boom. The Kospi sank 5.6 percent to 7,058.82 in early exchanges, while chip titan SK hynix dived 10.1 percent, even after its US shares soared more almost…
Kolkata/Mumbai: The Calcutta Stock Exchange (CSE) is seeking to revive itself with a new technology backbone, trading infrastructure and disaster recovery site. This process, backed by the new state government, will require the 118-year-old institution to withdraw the voluntary exit application filed with the Securities & Exchange Board of India (Sebi) last year, said people…
SINGAPORE: Oil prices jumped on Monday as Iran expanded strikes on Gulf states following attacks by the United States, threatening energy shipments via the Strait of Hormuz. Brent crude futures climbed $2.34, or 3.08%, to $78.35 by 2311 GMT, while U.S. West Texas Intermediate crude rose $2.21, or 3.09%, to $73.62 a barrel. Over the…