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Latest Stock Market News

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Gurmeet Chadha says he could be adding 4 names in his portfolio in the new year.

HCL Tech to hire 10,000 hands for AWS unit

Updated at : 2021-11-05 10:20:01

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This dedicated business unit within HCL will be supported by AWS engineering, solutions and business teams. HCL currently holds five AWS competencies, has more than 10,000 professionals trained on AWS and plans to boost this capacity to more than 20,000 specialists in the future, it said in a statement.

“We were a sizable part of IBM in India as global technology services, and we are starting with almost twice the market share of the next player (in India),” Kyndryl’s India President Lingraju Sawkar says.

Investor Rakesh Jhunjhunwala added banks, metal and real estate companies to his cart while raising stake in his old-time favourite Titan Company by 0.1%.

“In the next two-three years, when the economy recovers and the credit cycle changes and credit cost cycle goes in the reverse, public sector banks will also do well.”

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The Nifty50 and BSE Sensex rose over 1 per cent this week despite closing lower in two out of the four sessions.

Nasdaq opens at record high on earnings cheer

Updated at : 2021-11-04 20:20:01

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The S&P 500 opened higher by 2.36 points, or 0.05%, at 4,662.93, while the Nasdaq Composite gained 38.16 points, or 0.24%, to 15,849.74 at the opening bell.

Is stock market closed tomorrow?

Updated at : 2021-11-04 20:20:01

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Benchmark indices – Nifty50 and BSE-Sensex – ended in the green during Thursday’s Muhurat trading session as investors’ risk appetite remained high.

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Total income stood at Rs 828.83 crore in the quarter as against Rs 280.79 crore in the same period a year ago.

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At home, the government’s move to cut excise duty on petrol and diesel boosted sentiment among investors. Analysts expect the cut in excise duty to further aid the recovery of the consumption economy and ease concerns over inflation.

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