Monday, December 23, 2024 | 09:11 PM ISTEN Hindi

Sensex, Nifty end at fresh closing high; IT, realty stocks charge ahead

HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers

SI Reporter New Delhi

MARKET LIVE: Sensex, Nifty, wipro, infosys, jerome powell, zomato, adani

9:17 AM

OPENING BELL :: Sensex jumps 60 points

9:08 AM

Commodity check

9:06 AM

Pre-open session | Sensex Heatmap

9:05 AM

Nifty flat in pre-open session

9:04 AM

Pre-open session :: Sensex adds 100 points

9:00 AM

NEWS ALERT :: China's GDP increased 7.9% in Q2CY21

China GDP growth came in slightly below expectations, while retail sales and industrial production grew faster than forecast

8:57 AM

Market Ahead Podcast :: Top factors that could guide markets today

Analysts believe Wipro's net profit could jump 14-19 per cent YoY in Q1FY22 on 17-19 per cent growth in topline. A contraction in EBIT (earnings before interest and tax) margins sequentially is a given, which in turn would drive PAT sequentially, they said.

Infosys may have missed Street’s net profit expectations for the quarter ended June 2021, but raised its revenue growth guidance for FY22 to 14-16 per cent from an earlier estimate of 12-14 per cent. Infosys, meanwhile, reported a consolidated net profit of Rs 5,195 crore, up 22.7 per cent year-on-year (YoY) and 2.3 per cent sequentially. LISTEN TO THE PODCAST HERE

8:51 AM

Trading strategies for copper and natural gas by Tradebulls Securities

Buy Copper July above 740 | TGT: 770 | Stoploss: 720

Copper is trading sideways and on daily scale there are many narrow bodies candlestick suggesting both buyers and sellers getting exhausted. Above 740, there might be resurgence from buyers to take out the resistance and push prices higher. We are recommending to go long above 740 as currently copper is trading in narrow range and trend is neutral. So buy above 740 with expected target of 770 and stoploss of 720 closing basis.READ MORE

8:46 AM

Top stocks to track on Thursday

Infosys: The IT major may have missed Street’s net profit expectations for the quarter ended June 2021, but raised its revenue growth guidance for FY22 to 14-16 per cent from an earlier estimate of 12-14 per cent. Infosys, meanwhile, reported a consolidated net profit of Rs 5,195 crore, up 22.7 per cent year-on-year (YoY) and 2.3 per cent sequentially. READ MORE

Adani Transmission: The company has got shareholders' nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities and debentures. READ MORE