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Oct 12, 2023 4:04 PM

Market At Close | Geojit's Vinod Nair On Market

"The underwhelming result of the IT major and its lacklustre near-term prospects exerted downward pressure on the IT sector. Nevertheless, the broad market exhibited strength, primarily in anticipation of healthy overall Q2 results led by expansion in India’s operating profit as volume demand is sustained despite global slowdown. Global trend was positive attributable to the favourable UK GDP figures and anticipation of a moderation in US CPI inflation, which may influence the FED's future actions," says Vinod Nair, Head of Research at Geojit Financial Services.

Oct 12, 2023 3:56 PM

Market At Close | Ambareesh Baliga On IT Sector

“For the time being I will stay away from IT sector because I expect Q2FY24 to be slightly flat to negative. Guidance also could be an issue, it could be at the lower end. So there are still problems for the IT space at least for a quarter or two. So possibly I will wait till December-January to start picking up but till then I see some pressure as far as the IT stocks are concerned,” market expert Ambareesh Baliga.

Oct 12, 2023 3:46 PM

Market At Close | Nifty, Sensex Fail To Hold Opening Gains, End In The Red

Market Closes Little Changed After A Rangebound Session

IT Stocks Drag Market After TCS’ Mixed Q2 & Cautious Commentary

6 Of Top 10 Nifty Losers Are IT Stocks, Tech Mahindra, TCS Fall The Most

Sensex Slips 65 Points To 66,408 & Nifty 27 Points To 19,784

Nifty Bank Gains 63 Points To 44,580 & Midcap Index 59 Points To 40,546

HDFC Bank Lends Support To Mkt, Lifts Nifty By 14 Pts & Nifty Bk By 83 Pts

PSUs Continue To See Buying, 4 Of Top 5 Nifty Gainers Are PSU Stocks

Coal India, BPCL, Maruti, NTPC, Grasim & Power Grid Are Top Nifty Gainers

Nippon Life Rises Up To 12% After A Record SIP Data For September Month

Cabinet Nod For Royalty For Lithium & Rare Earth Minerals Lift Metal Stocks

NALCO, NMDC, MOIL Rise On Announcement Of Royalty On Select Metals

TVS Extends Gaining Streak On Positive Brokerage Note, Stock At Record

Ramco Cements Rises To 52-week High On Reports Of Cement Price Hike

HDFC AMC Reports An In-line Set Of Earnings, Co Closes With Minor Gains

Grasim Moves To Record High Ahead Of Board Meet To Consider Fund Raising

Hero Moto Erases Gains Despite Favourable HC Ruling, Stock 2% Off Highs

Market Breadth Favours Advances, Advance-Decline Ratio At 3:2

Oct 12, 2023 3:31 PM

Venus Remedies launches antibiotic formulation Elores In Ecuador

Elores is used to combat multi-drug-resistant infections

Oct 12, 2023 3:28 PM

Stock Market LIVE Updates | Infosys In The Red Ahead Of Earings

The IT major is contributing 23 points towards the index downside. The shares are 1.8% down at this hour.

Oct 12, 2023 3:16 PM

Stock Market LIVE Updates | VRL Logistics Shares Fall For 7th Straight Session

The shares are trading 1.7% lower at this hour.

Oct 12, 2023 3:08 PM

Stock Market LIVE Updates | KP Energy Bags Wind-Solar Hybrid Power Project, Stock Up Over 4%

KP Energy share price gained over 4 percent in intra-day trade on Thursday after the renewable major bagged a new order from Aditya Birla Renewable Energy. KP Energy stock price opened at Rs 560 and hit the day's high at Rs 600.25.

Oct 12, 2023 3:00 PM

Stock Market LIVE Updates | Infosys And HCLTech To Report Second Quarter Earnings Today

Catch live earning updates here

Oct 12, 2023 2:48 PM

Stock Market LIVE Updates | Wockhardt Shares Jump 6%, Gain For Third Day In A Row

The shares of the company are trading 6.2% higher at this hour. The stock has gained in six out of the last 10 trading sessions.

Oct 12, 2023 2:30 PM

Stock Market LIVE Updates | 0.3% Equity Of Whirlpool Change Hands

Oct 12, 2023 2:27 PM

Stock Market LIVE Updates | Dredging Corp Shares Jump 9%

The shares of the company are trading 9.4% higher at this hour. The stock has gained in six out of the last 10 trading sessions.

16 lakh shares of the company have been traded so far compared to 20-day average of 95,000 shares.

Oct 12, 2023 2:18 PM

Stock Market LIVE Updates | HDFC AMC Reports Second Quarter Numbers

- Net profit up 20% at Rs 436.5 crore vs Rs 363.8 crore year-on-year.

- Revenue up 18.1% at Rs 643.1 crore vs Rs 544.7 crore year-on-year.

Oct 12, 2023 2:01 PM

Stock Market LIVE Updates | Linde India Shares Snap 3-Day Losing Streak

Oct 12, 2023 1:49 PM

Stock Market LIVE Updates | Manipur Govt Restrains Circulation Of Videos Depicting Violence, Damage To Properties In State

Oct 12, 2023 1:35 PM

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