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Indian shares slipped on Wednesday, tracking weakness in Asian peers on worries over a resurgence in COVID-19 cases, while small and midcap stocks tumbled after a bourse placed price limits to curb volatility.
While Zomatos management comment was highlighting how it used the bad news of being tagged the worst employer in the gig economy into motivation to improve its human resource management, investors read it in an entirely different way.
Benchmark stock market indices S&P BSE Sensex and NSE Nifty50 pared losses after a strong performance by metal stocks.
Here are the top stocks to track in today's session: Earnings Today: A total of 22 companies, including Wipro, Angel Broking, Tata Elxsi, L&T Infotech and Cyient are slated to post their quarterly numbers today. Analysts believe Wipro's net profit could jump 14-19 per cent YoY in Q1FY22 on 17-19 per cent growth in topline. A contraction in EBIT (earnings before interest and tax) margins sequentially is a given, which in turn would drive PAT sequentially, they said. Infosys: The IT major may have missed Street’s net profit expectations for the quarter ended June 2021, but raised its revenu...
SGX Nifty indicates a cautious opening for indices ANI Photo Trends on SGX Nifty indicate a cautious opening for the index in India with a 16 points gains. The Nifty futures were trading at 15,879 on the Singaporean Exchange. Global stocks pricec closed flat and bond yields edged lower on Wednesday afther US Federal Reserve Chairman Jerome Powell soothed investor angst by saying a recent inflation spike will fade, helping lift the S&P 5000 to a fresh intraday record. US markets were mixed yesterday with Dow Jones and S&P 500 closing marginally higher while Nasdaq closing marginally lower afte...