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Shares of IT major Wipro tanked six per cent on Thursday after starting off the trading session on a weak note. The company had announced its Q3 earnings on Wednesday. ....
Shares of Wipro slipped more than 6 per cent on Thursday, a day after the Indian IT services provider reported a subdued profit in the third quarter (Q3) of the financial year 2021-22 (FY22). ....
While Covid shock maintains its number one position among risk factors in leading Asian economies, in India inflation risk has replaced it for the first time since the March 2020 poll, according to a latest survey. ....
As India s forex reserves cross $600B, liquidity gush to fuel equities By IANS | 0 Views Bombay Stock Exchange (BSE). (File Photo: IANS). Image Source: IANS News New Delhi, June 5 : As Indias forex reserves cross the $600 billion-mark, there are indications that the ample liquidity, both globally and in the domestic space will continue to drive the Indian stock markets. The success of these efforts is reflected in the stability and orderliness in market conditions and in the exchange rate in spite of large global spillovers. In the process, strength is imparted to the country s balance sheet by the accumulation of reserves, RBI Governor Shaktikanta Das added. ....