ICICI Lombard General Insurance shares came under heavy selling pressure on Thursday after the company reported a sharp decline in its June quarter earnings. The stock dropped as much as 15% during intraday trading, making it one of the biggest losers on Dalal Street as investors reacted negatively to weaker profitability and rising insurance claims....
Indian IT stocks rebounded sharply in early trading on Thursday, ending a two-session losing streak as investors turned optimistic ahead of key June-quarter earnings. Positive global cues, particularly softer US inflation data, also lifted sentiment across the technology sector. The rally was led by HCLTech, while shares of Tech Mahindra, Infosys, TCS, LTIMindtree and several...