Overview of Market Activity Key Drivers Earnings Season Begins Investors are looking to corporate earnings for potential market stabilization: Sector Performance Individual Stock Highlights Economic Data to Watch Market Sentiment Global Market Impact The U.S. stock market faces continued headwinds from surging bond yields and tech sector sell-offs. As the fourth-quarter earnings season begins, markets…
HCL Technologies has reported its financial results for the third quarter of FY25, showcasing robust performance across key metrics. Below are the highlights, insights, and market trends related to the results announcement. Key Financial Highlights Geographic Revenue Breakdown Region Q3FY25 Q2FY25 Q3FY24 YoY CC Growth Americas 65.5% 65.1% 64.5% 6.2% Europe 28.2% 28.4% 29.0% 2.6%…
ITC’s Hotels Demerger Takes Effect ITC shares are now trading ex-demerger, reflecting the separation of its hotels business. Following a special trading session for price discovery of ITC Hotels shares on January 6, the market assigned ITC a price of ₹455.60 on the NSE and ₹455 on the BSE. This adjustment marks a critical milestone…
Shares of Adani Wilmar fell nearly 7% in early trade on December 31, 2024, after Adani Enterprises announced its decision to exit the joint venture (JV) with Singapore’s Wilmar International. The Adani Group will offload its entire 44% stake in Adani Wilmar Limited (AWL) as part of a $2 billion deal, with the sale price…
