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Stocks to Watch: Cochin Shipyard, HDFC Life, PVR Inox, HDFC Life, KEI Industries, and more

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Stocks to Watch: Cochin Shipyard, HDFC Life, PVR Inox, HDFC Life, KEI Industries, and more

Here’s a quick look at stocks likely to be in focus in today’s trade.   Cochin Shipyard: The government has announced plans to divest a 5 percent stake in Cochin Shipyard through an Offer for Sale (OFS), with the floor price set at ₹1,540 per share. The OFS includes a base offer of 2.5 percent, … Read more

Nifty IT soars 5% on strong TCS Q1 earnings, Fed rate cut hopes; nears all-time high

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Nifty IT soars 5% on strong TCS Q1 earnings, Fed rate cut hopes; nears all-time high

Indian IT stocks are performing exceptionally well today, with many trading with gains of up to 6%. This surge is attributed to TCS’s strong Q1 earnings and the anticipation of a Fed rate cut. All 10 constituents of the index are in positive territory, led by Coforge, which has gained 6.1%, followed by Mphasis and … Read more