Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

12:25 PM

L&T partners with H2Carrier to develop floating green hydrogen projects

L&T strongly believes its expertise in ammonia and hydrogen production makes it an 'ideal partner' for H2C in this venture. READ MORE

12:15 PM

HCL Tech Q3: Weak macros, narrow FY23 guidance limit upside, warn analysts

In Friday's intra-day trade, the stock declined 2.7 per cent to Rs 1,042 per share, as against 0.5 per cent drop in the S&P BSE Sensex. READ MORE

12:00 PM

Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts

Infosys Q3 review: The company is likely to benefit from vendor consolidation opportunities, gain market share and see margin expansion going ahead, say analysts. READ MORE

11:45 AM

Archean Chemical hits highest level since debut; up 51% against issue price

The stock rallied 7% to hit a new high of Rs 612.70 in the intra-day trade today. READ MORE

11:32 AM

Better bench strength: IT hirings seen at pre-Covid levels in FY24

Tata Consultancy Services (TCS), the largest player in the segment and also the one which hires the maximum from campus said that for FY24 the range for total hiring would be in the range of 125,000 to 150,000. READ MORE

11:20 AM

Rail Vikas gains 13% in 3 days on securing orders worth of Rs 1,173 crore

Shares of Rail Vikas Nigam Limited (RVNL) rallied 5 per cent to Rs 79.35 on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market. Read here

11:10 AM

HDFC Bank Q3: PAT may grow up to 20% YoY; margin, asset quality seen steady

HDFC Bank Q3 preview: HDFC Bank, India's largest private sector lender, is projected to report a steady earnings growth during the October-December quarter of the current financial year (Q3FY23), as loan growth moderated sequentially. Read here

10:56 AM

China's exports slump 9.9% in December y-o-y as global demand drops off

China’s exports fell further in December as global demand continued to drop off, adding to pressure on the economy as it charts a hasty, uncertain path out of Covid Zero. Read more

10:44 AM

Tata Steel top frontline winner; up 3% near day's high

10:35 AM

HCL Tech down 3% as investors turn cautious on lowered revenue guidance

Shares of HCL Technologies declined 3 per cent to Rs 1,042 on the BSE in Friday’s intra-day trade as the management despite strong performance in December quarter (Q3FY23) narrowed its guidance in services and total revenue growth indicating weak March quarter (Q4FY23). Read here

10:26 AM

Godrej Properties announces acquisition of 60-acre land parcel in Chennai

Godrej Properties on Friday announced it has purchased a 60-acre land parcel in Chennai's Oragadam Junction. The real estate development arm of the Godrej Group said it would develop a residential project on the land. Read more

10:13 AM

Gold, silver prices rise; yellow metal selling at Rs 56,070 per 10 grams

Gold prices rose on Friday by Rs 110, with 10 grams of the yellow metal (24-carat) trading at Rs 56,070. Silver price also rose by Rs 400 per kilogram from yesterday's close. The precious metal was selling at Rs 71,900 per kg. Read more

10:05 AM

L&T Technology Services dips 5% on plans to buy SWC biz from parent L&T

LTTS said that it has agreed to acquire the Smart World & Communications business (SWC) of its parent company Larsen & Toubro (L&T) by way of slump sale for Rs 800 crore. Read here

9:54 AM

Dollar wobbles as US inflation fuels hopes of slower Fed rate path

The U.S. dollar swayed on Friday, flirting with seven-month lows after a sharp dive overnight as data showed U.S. inflation was slowing, boosting hopes of the Federal Reserve taking its foot off an aggressive interest rate hike policy. Read more

9:46 AM

Infosys weak despite strong Q3 as IT shares fall