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2:15 Bonus: Tata Group's Penny Stock Below Rs 90, Gives 2,821% Returns In 5 Years: Announces Q4 Report Card -
Rs. 240/Share Dividend: May 7 Fixed As Record Date; Buy The IT Stock To Be Eligible? -
1:5 & 1:2 Split, Rs 6/Sh Dividend: Fertilizer Stock Coming Up With 600% Payout; Record, Payment Dates Fixed -
Cube Highways Trust Set to Acquire Seven Highway Assets Worth Rs 5,172 Crore -
1:10 Split, Rs 51 Dividend: Accumulate Tata Stock, TP Rs 170; Big Update On £1.25 Bn Investment -
Tech Mahindra Sets Three-Year Plan for Robust Growth and Market Leadership by FY27 -
Tech Mahindra Q4 Net Profit Falls 41%, Announces Growth Strategy -
3 Bonus, 1:2 Split, 38 Dividends: Rs 1,915 Midcap IT Stock To Pay 360% Dividend After Q4 Profit Rises -
EU Finds No New ETO Cases in Indian Organic Exports Post-Dec 2020 -
1:5 Stock Split Approved: Defence Stock To Be Cheaper Soon, Shares Zoom 507% In 1-Yr
Sensex, Nifty open flat; ICICI Bank up ahead of results
The Sensex was trading with losses of 14 points, while the Nifty lost 3 points in early trade. Among the early losers was Cairn India, whose stock fell 4 per cent, following lower than expected quarterly results.
Heavyweight, Reliance Industries was down more than one per cent, while other losers from the Nifty was Hindalco and Maruti.
ICICI Bank which is slated to declare results later today was trading with gains, while Axis Bank was marginally lower ahead of its results.
Bharti Infratel, which reported a superb quarterly performance gained almost 4 per cent in trade today. Pharma major Wockhardt slumped three per cent, after new regulatory worries re-surfaced.
Software stocks were having a good day in trade with Infosys and TCS both trading higher. IDFC, which is slated to declare results later today was trading with losses.
PSU banking stocks continued to rally in trade today on hopes that there would be fresh capital infusion into these banks, once a new government takes charge at the centre.
Among the stocks that gained were Canara Bank, Union Bank and Oriental Bank. Mid cap stocks were having a good session in trade with Bata India, Rcom, Allahabad Bank and Adani Enterprises among the early gainers in trade.
Meanwhile, markets in Asia were trading lower with the Taiwan Weighted, Seoul Composite and the Strait Times all losing ground.
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