Latest News
-
1:4 Bonus Shares, Rs 7 Dividend: Big Update Announced; Buy The FMCG Stock? -
1:10 Stock Split: 1 Rs 980 Smallcap Has Split Into Ten Shares; Check Out New Price Level, Fundamentals! -
Rs 2.50/Share Final Dividend: Record Date In Due Course; Buy The ITC Group Stock? -
Rs 95/Share Dividend: Record Date On 28th June; Buy Mahindra Group Stock To Be Eligible? -
5 Bonus, Rs 28/Sh Dividend: IT Giant Infosys Beats Estimates In Q4FY24, But ADR Falls Sharply; Here's Why! -
1:10 Stock Split Approved: Small Cap Stock Issues Warrants, Shares Gain 111% YTD -
Wipro Q4 Results Preview: Weak Demand Likely To Drag Revenue Sequentially, EBIT Margins Seen Stable -
Rs 6/Share Final Dividend Declared: Buy The Blue Chip Stock To Be Eligible? -
TCS Vs Infosys: Dividend History And Upcoming Rewards, Which IT Giant Is Better? -
LIC New Jeevan Shanti 858 Plan: How To Earn Rs 10,000 Pension Per Month After Retirement? Check Eligibility!
Nifty ends the day flat; Infy rallies post results
Among the top gainers in trade today was Infosys which jumped 2.8 per cent, following a spectacular set of results. Other IT stocks that gained in trade were Tata Consultancy Services, HCL Tech and Wipro. Today's rally was largely on account of heavyweights gaining, including Reliance Industries, ITC and
Bank Nifty did not have a very good day in trade with banking stocks falling, following disappointing numbers posted by IndusInd Bank. Other banking stocks that fell were ICICI Bank, Axis Bank and Syndicate Bank. However, Union Bank gained in a falling market.
Mid cap stocks also ended the day lower, following selling pressure in stocks like Voltas and Crompton Greaves. Other mid cap stocks that lost ground were Jubilant Foodworks and Mcleod Russell.
Real estate stocks also did not have a great day in trade with stocks like Oberoi Realty and Unitech among the losers.
Gold loan companies like Manapuram and Muthoot Finance, which gained as much as 20 per cent on Thursday, following the RBI decision to hike loan to value continued to rally. Manapuram Finance was up another 16 per cent in trade once again today, making it 30 per cent gains in two days.
Meanwhile, markets most of Asia ended the day with gains led by a strong rally in the Jakarta Composite, while the Shanghai Composite ended the day with losses.
GoodReturns.in
