Latest News
-
Multibagger Energy Stock To Reward Shareholders With 3 Bonus Shares, Hits 52-Week High -
Massive Rs 33/Sh Dividend By Larsen's IT Stock, 1650% Payout Soon; LTTS Earns Profit Of Rs 341 Crore In Q4 -
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Closing Bell: Market Rebounds To End With Gains For 5th Straight Day; Sensex & Nifty Soar Led By Banks -
Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram -
Penny Stock Hits 2nd Upper Circuit After Declaring Earnings, Gains 14% In 1-Week -
Rs 8.50/Share Dividend Recommended: Nestle India Reports 27% YoY Jump In Profit -
0.50% Dividend Yield: Midcap Cement Stock Slumps 10% Following Weak Q4 Results; Profit Down 48% YoY -
1:10 Split, Rs 147/Share Dividend: FMCG Major Likely To Report Profit Growth; Buy Or Sell? -
Mark Zuckerberg's Meta Reports Record Q1 Profit Surge, Projects AI Investments This Year; Stock Slumps
Market Starts On A Flat Note With A Negative Bias; IT Stocks Drag
Even as the SGX Nifty traded with marginal gains, in the pre-opening indices traded flat with a negative bias. And at start, Nifty held at 14543, while Sensex was at 49403. Meanwhile being weekly F&O expiry day, indices shall remain volatile.
Top gainers in early trade include IndusInd Bank, ONGC, Asian Paints, NTPC and HDFC BAnk, while losers have been Wipro, Infosys, HCL Tech, Tech Mahindra and Tata Motors.
Wipro on Wednesday reported a 21% YoY jump in profit as well as dollar guidance has been the highest in 9 years. The scrip has been dragged to Rs. 430 per share, a 6% fall in comparison to previous day's closing.
Infosys' net profit for the Q3 quarter of FY21 jumped 16% and on the back of it the company raises both full year revenue as well as margin guidance. Infosys has been trading weak by over 2.5% in early trade.
Meanwhile, Asian indices were trading firm after S&P in overnight trade ender higher with Nikkei up by over 1.5% at the time of writing this copy.
GoodReturns.in
