Sensex, Nifty snap 2-day winning run as IT stocks dip post weak Q2 of TCS

Closing Bell on Thursday, October 12, 2023:Infosys and Tech M were the worst hit on the 50-share index, dropping nearly 3 per cent each, followed by Apollo Hospitals, TCS, HCL Tech, LTIMindtree, Wipro

9:34 AM

Aster DM rallies 7% amid report that PE firms are looking to buy assets

>> Private equity firm BPEA EQT and Ontario Teachers’ Pension Plan Board are among firms considering a deal to acquire Aster DM Healthcare Ltd. assets including its India business

9:31 AM

JSW Steel declared preferred bidder for Jaisinghpura Iron Ore; stock up 0.5%

>> JSW Steel was declared as the preferred bidder for the Jaisinghpura Iron Ore North Block in Karnataka with 17.66 million tonnes of reserves

9:28 AM

Delta Corp gains 3% on 2% rise in Q2 PAT

>> The company reported a 1.68 per cent rise in its Q2 net profit to Rs 69.4 crore from a year ago. Its consolidated revenue grew just 0.2 per cent to Rs 270.6 crore. 

9:26 AM

Buzzing stock :: TCS falls 1% as Q2 nos miss estimates

>> The company reported net profit at Rs 11,342 crore, up 8.7 per cent year-on-year (YoY) for Q2. Revenues for the quarter came in at Rs 59,692 crore, up 7.9 per cent YoY. 

9:23 AM

Broader market outshine; Mid, SmallCap indices gain 0.5% each

9:21 AM

Sectoral trends :: All but IT index open with uptick

9:20 AM

Sensex Heatmap :: 11 stocks begin lower; TCS, Nestle, Tech M among top laggards

9:19 AM

Opening Bell :: Nifty holds above 19,800

9:18 AM

Opening Bell :: Sensex scalps less than 100-pt gain

9:11 AM

Commodity Heatmap :: Brent crude down 1%

9:10 AM

Pre-Open Session :: Nifty atop 19,800

9:09 AM

Pre-Open Session :: Sensex prepares to start higher

9:03 AM

Currency check :: Rupee opens at 83.16/$ Vs Wednesday’s close of 83.19/$

9:01 AM

How long will retail investors' love for IPOs last?

Primary markets have seen a good participation from the retail investors even as the funds raised by India Inc via the IPO route dipped in 2023. Can the headwinds dent retail investor’s enthusiasm? READ MORE

8:56 AM

Anant Goenka named VC for RPG, retains role in CEAT, Zensar Technologies

Educated at the Wharton School and holding an MBA from the Kellogg School of Management, Goenka initiated his professional journey with Unilever and RPG's KEC International. READ MORE