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Sensex Falls 625 Points, Stock Market Ends Lower On Profit Booking
The Indian stock market closed in the red on Tuesday due to profit booking, driven by valuation concerns and weakness across the Asian markets.
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Sensex Gains 504 Points In Early Trade, Rupee Rises 25 Paise Against Dollar
According to market watchers, Sensex continue to resist near the 74,550 zone and witnessing profit booking slipped to lose steam.
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Opinion | Don't Catch a Falling Knife: Message From The Market Correction
Until there is more clarity on positive developments or limited negative outcomes, investors may be better off booking some profits on their equity investments. As the adage goes, "Don't try to catch a falling knife".
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IOC Net Profit Drops 81% In Q1 On Low Refining Margin, Fuel Under-Recoveries
IOC reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates.
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Crypto Price Today: Bitcoin Trading at $63,000, Most Altcoins Remain Shrouded by Losses
The overall crypto market cap tumbled by 0.73 percent in the last 24 hours. As of Monday, April 29, Bitcoin was trading in loss whereas Ether managed to book a profit of 2.35 percent. Most cryptocurrencies followed Bitcoin on the loss-making side of the crypto chart and registered dips on Monday.
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Samsung Sees Smartphone and Tech Devices Demand Recovering in 2024 After Record Chip Loss
Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34 percent drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak in many businesses.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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Samsung Expects Smartphone Demand to Decline YoY as Firm Reports 69 Percent Plunge in Quarterly Profit
Samsung on Tuesday said persistent macroeconomic uncertainty will make for a tough first half year as the world's biggest maker of memory chips and smartphones reported a 69 percent plunge in fourth-quarter profit, its lowest quarterly profit since 2014. Consumer demand for electronic devices has dropped as clients spend less in a weak economy, dra...
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TSMC Defies Broader Industry Downturn, Posts 78 Percent Rise in Q4 Net Profit: All Details
TSMC on Thursday reported a 78 percent rise in fourth quarter profit, as the world's largest contract chipmaker and a major Apple supplier saw its net Q4 profit hit a record TWD 295.9 billion (roughly Rs. 77,570 crore) amid a broader industry downturn. The firm's dominance in making some of the world's most advanced chips has kept its order book fu...
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Bitcoin Holds Tight Near $20,500 Mark While Altcoins See Profit Booking Across the Board
After a decent rally in the last few days, the crypto market took a breather on Wednesday as the majority of the tokens saw some profit booking. Barring the US dollar-pegged stablecoins, all other top crypto tokens were trading lower on the day.
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Bitcoin Momentum Drops Off to Settle Value Around $20,300 as Investors Look to Book Profits
Major crypto tokens slipped on Friday on some profit booking after a strong rally in the last few days. Bitcoin was above the $20,000 (roughly Rs. 16.49 crore) level, whereas Ethereum managed to hold $1,500 (roughly Rs. 1.23 lakh).
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Bitcoin's Briefly Touches $25,000 Before Correcting While Ether Continues Gains Ahead of 'The Merge'
After a strong rally on Thursday, the crypto market saw some profit booking on Friday. Bitcoin breathed below $24,000 (roughly Rs. 19.06 lakh), whereas Ethereum held at the $1,900 (roughly Rs. 1.50 lakh) mark ahead of its much-awaited merge buzz.
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Private Schools Can Not Force Parents To Buy Costly Books, Change Uniform In Next 3 Years: DoE
The Directorate of Education (DoE) said in an official order that private schools are run by trusts or societies, and have no scope of profit and commercialisation.
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Maruti Suzuki Net Profits Decline 11 Percent In FY 2021-22
Carmaker reported a decline in net profits despite a 26 percent increase in net sales year-on-year.
-
Uber Rides Strong Demand, Delivery Growth to Raise Q1 Profit Forecast
Uber raised its outlook for first-quarter core profit, as its ride-hailing business was recovering faster than expected on the back of a surge in airport rides and an increase in the number of offices being reopened.
-
Sensex Falls 625 Points, Stock Market Ends Lower On Profit Booking
The Indian stock market closed in the red on Tuesday due to profit booking, driven by valuation concerns and weakness across the Asian markets.
-
Sensex Gains 504 Points In Early Trade, Rupee Rises 25 Paise Against Dollar
According to market watchers, Sensex continue to resist near the 74,550 zone and witnessing profit booking slipped to lose steam.
-
Opinion | Don't Catch a Falling Knife: Message From The Market Correction
Until there is more clarity on positive developments or limited negative outcomes, investors may be better off booking some profits on their equity investments. As the adage goes, "Don't try to catch a falling knife".
-
IOC Net Profit Drops 81% In Q1 On Low Refining Margin, Fuel Under-Recoveries
IOC reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates.
-
Crypto Price Today: Bitcoin Trading at $63,000, Most Altcoins Remain Shrouded by Losses
The overall crypto market cap tumbled by 0.73 percent in the last 24 hours. As of Monday, April 29, Bitcoin was trading in loss whereas Ether managed to book a profit of 2.35 percent. Most cryptocurrencies followed Bitcoin on the loss-making side of the crypto chart and registered dips on Monday.
-
Samsung Sees Smartphone and Tech Devices Demand Recovering in 2024 After Record Chip Loss
Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34 percent drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak in many businesses.
-
Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
-
Samsung Expects Smartphone Demand to Decline YoY as Firm Reports 69 Percent Plunge in Quarterly Profit
Samsung on Tuesday said persistent macroeconomic uncertainty will make for a tough first half year as the world's biggest maker of memory chips and smartphones reported a 69 percent plunge in fourth-quarter profit, its lowest quarterly profit since 2014. Consumer demand for electronic devices has dropped as clients spend less in a weak economy, dra...
-
TSMC Defies Broader Industry Downturn, Posts 78 Percent Rise in Q4 Net Profit: All Details
TSMC on Thursday reported a 78 percent rise in fourth quarter profit, as the world's largest contract chipmaker and a major Apple supplier saw its net Q4 profit hit a record TWD 295.9 billion (roughly Rs. 77,570 crore) amid a broader industry downturn. The firm's dominance in making some of the world's most advanced chips has kept its order book fu...
-
Bitcoin Holds Tight Near $20,500 Mark While Altcoins See Profit Booking Across the Board
After a decent rally in the last few days, the crypto market took a breather on Wednesday as the majority of the tokens saw some profit booking. Barring the US dollar-pegged stablecoins, all other top crypto tokens were trading lower on the day.
-
Bitcoin Momentum Drops Off to Settle Value Around $20,300 as Investors Look to Book Profits
Major crypto tokens slipped on Friday on some profit booking after a strong rally in the last few days. Bitcoin was above the $20,000 (roughly Rs. 16.49 crore) level, whereas Ethereum managed to hold $1,500 (roughly Rs. 1.23 lakh).
-
Bitcoin's Briefly Touches $25,000 Before Correcting While Ether Continues Gains Ahead of 'The Merge'
After a strong rally on Thursday, the crypto market saw some profit booking on Friday. Bitcoin breathed below $24,000 (roughly Rs. 19.06 lakh), whereas Ethereum held at the $1,900 (roughly Rs. 1.50 lakh) mark ahead of its much-awaited merge buzz.
-
Private Schools Can Not Force Parents To Buy Costly Books, Change Uniform In Next 3 Years: DoE
The Directorate of Education (DoE) said in an official order that private schools are run by trusts or societies, and have no scope of profit and commercialisation.
-
Maruti Suzuki Net Profits Decline 11 Percent In FY 2021-22
Carmaker reported a decline in net profits despite a 26 percent increase in net sales year-on-year.
-
Uber Rides Strong Demand, Delivery Growth to Raise Q1 Profit Forecast
Uber raised its outlook for first-quarter core profit, as its ride-hailing business was recovering faster than expected on the back of a surge in airport rides and an increase in the number of offices being reopened.
