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In the latest market analysis, it has been observed that about 50% of Nifty 500 stocks have significantly declined from their peak levels. A staggering 252 stocks have seen a drop of over 30%, with 102 stocks plummeting more than 50%. This downturn impacts large-cap stocks broadly. Although there’s a possibility of a relief rally,…
Jefferies indicates a modest growth outlook for IT companies in Q2 FY27, primarily fueled by acquisitions. Large IT firms are predicted to struggle, anticipating a mere 0.5% QoQ growth. Stocks such as TCS, Wipro, and HCL Tech are rated as underperforming with significant downside risks. In contrast, Infosys holds a steady hold rating with minimal…
India’s top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-induced pricing pressures alongside restrained client spending is squeezing profit margins in the industry. Analysts predict a gradual sequential revenue rise ranging from 0.7% to 3.5% for the major players, while even giants like Infosys…
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII outflows and surging US bond yields, the market weakness marks the longest losing streak since 2001, surpassing the seven-week Covid crash.
Sale Deed vs Agreement of Sale: What’s the Difference and Which One
Mahindra & Mahindra reported significant growth in their auto sales for September, with totals reaching 1,14,874 vehicles. The company achieved a 15% year-on-year increase in overall sales, including exports. Domestic sales exceeded 64,000 units in the Utility Vehicles segment, which marks a notable rise. Additionally, commercial vehicle sales also saw a 14% growth, amounting to…
Villages in Marathwada, Maharashtra, have been experiencing extraordinary water scarcity during the monsoon season, prompting reliance on tankers. Local residents report that this year’s drought began before the official declaration, with urgent needs noted as early as July. Officials indicate they have never encountered such water shortages in monsoon months previously. The Ashti tehsildar confirmed…
Mahesh Babu has expressed his admiration for the film ‘Don’t Trouble The Trouble’ and its emotional resonance. He commended Fahadh Faasil’s acting skills and how they enhanced the story’s warmth. The film features Fahadh Faasil alongside child actress Ssara Palekar, presenting a fantasy narrative. Mahesh Babu congratulated producer S S Karthikeya and director Shashank Yeleti…
The Indian government has introduced new Corporate Average Fuel Economy (CAFE-III) norms for passenger vehicles. These regulations will take effect from April 1, 2027, to March 31, 2032. CAFE-III will provide higher incentives for cleaner powertrains like battery electric vehicles and hybrids. Automakers can earn additional credits through CO2 emission discounts using certain alternative fuels….