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Subscribe to enjoy similar stories. Midcap IT firm L&T Technology Services Ltd (LTTS) surprised the Street with solid deal wins and margin expansion in the December quarter (Q3FY25). Investors cheered, taking the shares up about 8% on Thursday.

Union Budget 2025 draws near, all eyes are on the Government’s fiscal strategy to navigate India’s economic aspirations amidst global uncertainties.

«So, the best thing to do at this point in time is to look for put options on the Nifty or create a bear spread using these two levels and participate on the downside,» says Rahul Sharma, JM Financial Services. Definitely, a gap up start for the Indian markets and good part is we are sustaining those levels but where do you see the markets headed? Are we in for a pre-budget rally maybe or the market can halt a bit before continuing the leg up? Rahul Sharma: So, this seems like a dead cat bounce of sort because the volumes especially if you simply track the Nifty volumes they have not been increasing in the last three trading sessions, that goes to show that the stronger hands are not really buying in this bounce back.

Indian Hotels Company Ltd. traded at Rs 809.15 on BSE at 01:38PM (IST) on Thursday, 0.32 per cent from previous close. The scrip quoted a 52-week low price of Rs 450.55 and a high of Rs 894.15.

Subscribe to enjoy similar stories. Rajiv, an entrepreneur who runs a mid-sized manufacturing unit in Pune, enjoyed the rewards of his hard work—expanding operations, lucrative contracts, and a growing personal wealth portfolio. Yet, a market downturn and an unforeseen lawsuit exposed cracks in his financial foundation.

Subscribe to enjoy similar stories. The quarterly earnings season is in full swing, offering a glimpse into how India Inc. has performed during the October-December 2024 period.

Abneesh Roy, ED, Nuvama, says some benefit to boost the lower end of consumption is expected in the Union Budget. Rural consumption is doing quite well after all the stimulus programmes. So, on urban demand, the government needs to do something. Some brokerages have downgraded retail plays and even Trent to sell and there is mixed opinion out there. What would be the future of retail plays like Trent at Nuvama, which have already seen a fabulous run up? The valuations are still expensive after the current correction as well? Abneesh Roy: We are positive on Trent. We continue to have a buy and one of our top picks in the apparel space. In the near and medium term, Trent will remain in the top tier in the peer set in terms of growth. We do see a huge headroom for expansion in Zudio, in Westside, even in terms of the emerging categories like BPC, innerwear, footwear, that was around 20% of the business, and that is also growing.

NASA's Mars Reconnaissance Orbiter (MRO) has captured a striking image of frozen sand dunes on Mars, located in the planet's northern hemisphere. The photograph, taken in September 2022 by the High-Resolution Imaging Science Experiment (HiRISE) camera and released last month, shows dunes shaped like kidney beans, frozen under a layer of carbon dioxide frost. This discovery could offer new insights into Mars' past climate and whether it could have supported life.

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year

The Transportation Department is stepping up enforcement of persistent flight delays with a lawsuit against Southwest Airlines and a fine against Frontier Airlines

U.S. stocks ripped higher after an encouraging update on U.S. inflation

Subscribe to enjoy similar stories. Beneath its desolate, icy expanse, Greenland holds some of the world’s biggest untapped reserves of the raw minerals used to make everything from smartphones and electric cars to F-35 Lightning II jet fighters. Good luck getting them out of the ground.

forecast high was close to 10 C — much warmer than the normal daytime high of around -3 C.But wind gusts of up to 60 km/h are forecast for late Thursday and by overnight Saturday, the mercury is expected to plunge to around -20 C.

Subscribe to enjoy similar stories. Bengaluru: Heads Up For Tails (HUFT) has started talks to raise $40 million from new and existing investors, three people familiar with the matter told Mint, underscoring the growth potential of the pet care sector. “The discussions are still at very early stages and depending on the deal construct, existing investors including Peak XV and Verlinvest are expected to participate in the round," one person said on condition of anonymity.

Subscribe to enjoy similar stories. Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. As he prepares for his second term, China’s dominance of global manufacturing is greater than ever.

Azad Engineering surged as much as 9.5% on Thursday to Rs 1,732.55 on the BSE after the company secured a Rs 960 crore supply deal with GE Vernova International LLC, USA, to deliver complex rotating and stationary airfoils for advanced gas turbine engines. The long-term supply agreement, valued at $112 million (approximately Rs 960 crore), spans six years and involves the delivery of specialized rotating and stationary airfoils for advanced gas turbine engines, the company said in a press release to the bourses.

Magadh Sugar & Energy Ltd.(up 5.59%), Dhampur Sugar Mills Ltd.(up 4.97%), Rana Sugars Ltd.(up 4.50%), Dalmia Bharat Sugar and Industries Ltd.(up 4.43%), Uttam Sugar Mills Ltd.(up 4.28%), Bajaj Hindusthan Sugar Ltd.(up 3.95%), Mawana Sugars Ltd.(up 3.90%), Kothari Sugars & Chemicals Ltd.(up 3.73%), Shree Renuka Sugars Ltd.(up 3.68%) and Rajshree Sugars & Chemicals Ltd.(up 3.63%) were among the top gainers.

China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers.

CEAT shares will remain in focus on Thursday, January 16, after the company reported a 46.48% decline in consolidated net profit to Rs 97.03 crore for the third quarter ended December 31, impacted by high raw material costs. The company had posted a consolidated net profit of Rs 181.28 crore in the same quarter last fiscal. Meanwhile, its consolidated revenue from operations stood at Rs 3,299.9 crore, compared to Rs 2,963.14 crore in the year-ago period.

Subscribe to enjoy similar stories. Stepping into 2025, the banking sector is recalibrating its approach to balance growth with stability. Guided by the Reserve Bank of India’s (RBI) measures to manage systemic risks and encourage prudent lending, banks are prioritizing deposit growth over aggressive lending strategies.