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Jan 12, 2023 4:05 PM

Market at Close | Sensex and Nifty end volatile session lower

-- Market closes in the red but sharply off intra-day lows

-- IT stocks support market ahead of key earnings, Nifty IT one percent off lows

-- Cement shrs gain on an expectation of improved earnings, Ultratech top gainer

-- L&T continues its gaining momentum on govt’s infra push, stock up nearly two percent

-- Reliance drags nifty by 40 points as stock falls more than two percent

-- Axis slips nearly two percent as sources say company may have to pay Rs 85/share for max life stake

-- Oil marketing companies under pressure as crude moves higher, HPCL is top loser

-- PVR surges nearly three percent on reports of NCLT approval to INOX merger

-- Navin Fluorine, Chola Invst, Cummins, MCX are top midcap gainers

-- Market breadth favours declines, advance-decline ratio at 2:3

Jan 12, 2023 3:45 PM

Infosys Q3 | Infosys reports December quarter earning

Net profit at Rs 6,586 crore vs CNBC-TV18 poll of Rs 6,480 crore

Jan 12, 2023 3:42 PM

Rupee Check | Rupee ends slightly higher at 81.55 vs dollar

Jan 12, 2023 3:38 PM

Wipro Q3 Preview | Guidance holds the key with deal pipeline likely to remain healthy

Wipro will be the fourth among largecap technology names to report December quarter results on Friday, January 13. Shares of the company have corrected 47 percent from their all-time high of Rs 739 in October 2021. (Read more)

Jan 12, 2023 3:21 PM

Stock Market News | Axis Bank may propose to buy remaining 7% in Max Life at Rs 85/share

The final decision on accepting the proposal on revised value, however, rests with Insurance Regulatory Development Authority of India (IRDAI). (Read More)

Jan 12, 2023 3:09 PM

Stock Market News | Cyient reports December quarter earnings

Cyient reports a net profit of Rs 156 crore against CNBC-TV18 poll of Rs 146.3 crore.

Here's how the other numbers fared:

Jan 12, 2023 3:00 PM

Infosys Q3 | Infosys oscilates between red and green ahead of December quarter earnings

-- The shares are up 0.2 percent at this hour.

-- Stock slipped as much as 1.1 percent earlier in the trade today.

(Here's what to expect)

Jan 12, 2023 2:57 PM

Stock Market News | Engineers India to provide consultancy for 300 MW power plant of Guyana Power and Gas Inc: Government

Jan 12, 2023 2:46 PM

Stock Market News | Action Construction bags order from Ministry of Defence

-- Action Construction has developed an indigenous Special Mobile Crane for Ministry of Defence, DRDO, programme MRSAM (Army).

-- Company has received a pilot order for manufacturing and supply of the said cranes which have been integrated on HMV 8X8 chassis by ACE.

Jan 12, 2023 2:40 PM

Stock Market Update | Mahindra CIE Automotive shares rise for seventh day, hit 52-week high

The recent rally has been fuelled by the company’s focus on the opportunity of the electrification of light vehicles in Europe after the auto industry there is seeing a rapid transition to electric vehicles. (Read more)

Jan 12, 2023 2:35 PM

HCL Tech Q3 | HCL Tech is one of the top Nifty 50 gainers ahead of December quarter earnings

-- HCLTech will report its December quarter earnings on January 12,

-- The shares are up 1.6 percent at Rs 1,071.5 at this hour.

(Here's what to expect)

Jan 12, 2023 2:28 PM

Reliance Capital IBC Case: Torrent asks Co admin and CoC to immediately withdraw second auction move, pleads to NCLT for an order

Torrent Group wrote to the Reliance Capital Admin and Committee of Creditors on Wednesday asking them to immediately withdraw the second round of auction under the extended mechanism failing which they will be compelled to take legal action. (Read more)

Jan 12, 2023 2:14 PM

Stock Market Update | Paytm shares fall for the first time in 10 days

- 2 crore shares or 3.1 percent of the total equity exchanged hands in a large trade

- Sources tell CNBC-TV18 Ant Financial likely to be the seller

- Shares fell as much as 8 percent post the deal

Jan 12, 2023 2:02 PM

Stock Market Update | Axis Bank falls for third day in a row

- Stock is the second biggest loser on the Nifty 50

- It has now declined in six out of the last seven trading sessions

- Stock is correcting from its 52-week high of Rs 970

- Stock has been declining since the revised terms of the deal with Max Financial were announced

Jan 12, 2023 1:57 PM

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