RIL shares are actually outperforming the Nifty50 benchmark index by the biggest gap seen in five years. (AI image) RIL share price: Shares of Mukesh Ambani-led Reliance Industries are seeing a big rally this year, beating the Indian equity benchmark indices in returns after two years. The rally in RIL stock has added a whopping…
Asian markets traded mostly higher on Friday, tracking Wall Street’s surge to fresh record highs after upbeat economic indicators and a mixed bag of quarterly earnings from major US companies.Hong Kong’s Hang Seng index advanced 0.58% to 24,640, and the Shanghai Composite edged up 0.17% to 3,522.74. Taiwan’s benchmark index soared 1.09% lifted by TSMC’s…
The outlook suggests a consolidation phase, as investors focus on current earnings reports and US-India trade talks. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday. While Nifty50 was below 25,100, BSE Sensex was down over 100 points. AT 9:21 AM, Nifty50 was trading at…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, UPL and Varun Beverages are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for July 18, 2025:Index View: NIFTYEquity benchmark indices traded sideways within a tight range, mirroring muted investor sentiment…
BENGALURU: Wipro’s revenue declined by 2.3% in constant currency during the June quarter, though the drop remained within its projected guidance range of –3.5% to –1.5%.“We started the quarter facing significant macro uncertainty, which kept overall demand muted. Our clients prioritised initiatives with immediate impact, focusing on cost optimisation and vendor consolidation. At the same…
Tata-owned Jaguar Land Rover (JLR) is to cut 500 management jobs in Britain in the wake of US tariffs and a fall in profits. On July 7 the carmaker revealed that its retail sales had plunged in three months to June 30, 2025 by 15.1% and wholesale sales were down 10.7% year-on-year.This largely reflects the…
Representative image (AP) Wall Street remained near record high on Thursday following upbeat US economic data and a mixed batch of corporate earnings. The S&P 500 was nearly flat in early trading, holding just below its all-time high from last week. The Dow Jones Industrial Average rose by 105 points, or 0.2%, while the Nasdaq…
Wipro representative image IT major Wipro reported a 9.8% year-on-year increase in consolidated net profit to Rs 3,336.5 crore for the June quarter (Q1 FY25), as per its regulatory filing released on Thursday. In the same quarter last year, the company had posted a profit of Rs 3,036.6 crore.Wipro’s consolidated revenue from operations stood at…
Tata Motors-owned Jaguar Land Rover (JLR) has confirmed it will cut around 500 managerial jobs in the UK as part of a “limited” voluntary redundancy programme, aligning with its ongoing business transformation strategy.The move on Tuesday comes as the luxury car manufacturer aims to streamline its leadership workforce and improve efficiency amid global economic headwinds…
MEA Spokesperson Randhir Jaiswal (Image credits: ANI) India on Thursday reaffirmed that de-dollarisation is not part of the Brics agenda, and that the member nations are only discussing cross-border payments using local currencies.At a weekly media briefing, ministry of external affairs (MEA) spokesperson Randhir Jaiswal said, as quoted by ANI, “We had a highly successful…
