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stocks

Hot Stocks: Axis Capital upgrades Infosys; Investec reiterates sell on Wipro

by Mark McDuffie
Hot Stocks: Axis Capital upgrades Infosys; Investec reiterates sell on Wipro

Brokerage firm Investec reiterates its cautious stance on Wipro, citing limited downside but potential capital allocation improvements, Axis Capital upgrades Infosys, driven by growth stability and efficiency gains. Meanwhile, Goldman …

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Japanese investors sell overseas equities for second straight month

by Mark McDuffie
Japanese investors sell overseas equities for second straight month

Japanese investors sold overseas stocks for a second consecutive month in November as they sought to capitalize on robust gains in global equities, particularly as U.S. stocks reached record highs. …

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Bain-backed Kioxia to set IPO price as deals hit eight-year high

by Mark McDuffie
Bain-backed Kioxia to set IPO price as deals hit eight-year high

Bain Capital-backed Kioxia Holdings is set to price its initial public offering Monday that could value the memory maker at as much as $5.5 billion, in the latest mammoth deal …

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Tech View: Nifty gives inverse heads & shoulders breakout. What are cues for Friday trade?

by Mark McDuffie
Tech View: Nifty gives inverse heads & shoulders breakout. What are cues for Friday trade?

Indian headline indices finished positively for the fifth straight session on Thursday helped by top action in IT and bank stocks. Individually, Infosys, ICICI Bank and Tata Consultancy Services (TCS) …

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Sebi proposes auction process to determine stock closing price

by Mark McDuffie
Sebi proposes auction process to determine stock closing price

Markets regulator Sebi on Thursday proposed introducing a Close Auction Session (CAS) framework in the country to determine the closing price of stocks in the equity cash market. Currently, the …

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Rupee logs worst month since March as Trump win lifts dollar, outflows persist

by Mark McDuffie
Rupee logs worst month since March as Trump win lifts dollar, outflows persist

The Indian rupee ended November with its worst monthly performance in eight, as Donald Trump’s victory in the U.S. election boosted the dollar and U.S. bond yields, while foreign portfolio …

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SoftBank seeks to buy $1.5 billion OpenAI shares from employees

by Mark McDuffie
SoftBank seeks to buy .5 billion OpenAI shares from employees

SoftBank Group is aiming to increase its stake in OpenAI by acquiring up to $1.5 billion in shares from the startup’s employees, according to people familiar with the matter. The …

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Panel defers decision on scrapping Japan’s NTT law

by Mark McDuffie
Panel defers decision on scrapping Japan’s NTT law

A communications ministry panel on Wednesday stopped short of making a definite decision on whether to scrap a law imposing various restrictions on NTT. In its final report released the …

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Asian shares: Stocks waver, dollar slips with focus on tariffs

by Mark McDuffie
Asian shares: Stocks waver, dollar slips with focus on tariffs

Stocks in Asia saw a muted open after Donald Trump’s tariff plan roiled emerging markets in the previous session. Equities opened higher in Sydney, while dipping in Tokyo and Seoul. …

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FIIs reverse selling trend with purchase of domestic equities worth Rs 11,100 crore in two sessions

by Mark McDuffie
FIIs reverse selling trend with purchase of domestic equities worth Rs 11,100 crore in two sessions

Foreign investors have reversed the selling trends in Indian equities over the last few sessions and have bought stocks worth Rs 11,100 crore in two days of trade. After purchasing …

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