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Wipro share price surged as much as 9.5 per cent to Rs 471.75 apiece, a fresh 52-week high, on BSE on Friday, a day after the IT firm posted the best results in the last 10 years. So far in today’s session, 5.98 crore shares of Wipro have exchanged hands on NSE, while 29.44 lakh shares have been traded on BSE. Wipro was the third IT company to announce fourth quarter earnings this week, following Read More

Rakesh Jhunjhunwala has reduced stake in jewellery and watchmaker Titan Company during January-March 2021. Ace investor Rakesh Radhyshyam Jhunjhunwala has sold 22.50 lakh shares in the fourth quarter of the previous fiscal. Jhunjhunwala has slashed his stake to 3.52 crore shares or 3.97 per cent stake, at the end of March quarter, from 3.75 crore shares or 4.23 per cent stake in Titan Company in December quarter, according to the shareholding pattern of the public Read More

IT stocks such as TCS, Infosys, HCL Technologies and Tech Mahindra were trading up to 3.5 per cent down on BSE on Tuesday. Tata Consultancy Services share price fell as much as 4.36 per cent to Rs 3,100.05 apiece and was the top BSE Sensex dragger on the back of profit-booking a day after it posted a 15 per cent on-year rise in net profit to Rs 9,246 crore in the January-March quarter. Research brokerage Read More

Investors’ wealth tumbled by Rs 6,86,708.74 crore in morning trade on Monday following massive losses in the equity market as sentiments remained muted amid increasing COVID-19 cases in the country. The 30-share BSE benchmark index plunged 1,479.15 points to 48,112.17 in morning trade. Tracking losses in equities, the market capitalization of BSE-listed companies eroded by Rs 6,86,708.74 crore to Rs 2,02,76,533.13 crore. IndusInd Bank was the biggest loser among the 30-share companies pack, declining over Read More

The total area sown to zaid (summer) crops has increased by 16.49 per cent to 67.87 lakh hectare so far this year and maximum coverage has been under paddy, according to Agriculture Ministry data. Zaid, also called grishmkal crops, are sown between February-June, the intervening period between Rabi (winter) harvest and Kharif (monsoon) sowing. “Zaid crops are grown in a 30-90 days window period between rabi harvest and kharif sowing. The government is promoting zaid Read More