Stock Market Highlights, April 19: Sensex zooms 599 pts, Nifty nears 22,150; Financials surge

Stock market highlights on Friday, April 19, 2024: Equity markets shrugged off concerns around the Middle East tensions after Iran said it won't consider "immediate" retaliation against Israel

10:35 AM

Nifty Oil and Gas companies fall up to 3% as tensions flare between Iran-Israel

10:18 AM

As Israel fires missiles at Iran, Elon Musk shares message of peace

After reports emerged that Israel had fired missiles at Iran, Tesla chief Elon Musk took to social media platform X to share his message of peace. In a post on Friday morning, he wrote, "We should send rockets not at each other, but rather to the stars." Read more

10:03 AM

Iran-Israel war: NSE Nifty index nears 100-DMA; Key levels to watch out for

The NSE Nifty 50 plunged 1 per cent or 218 points to 21,778 in Friday's intra-day deals following a sell-off in Asian markets on reports of multiple explosions in Iran, amid the Israel retaliation threat. Markets across the globe have witnessed a steep fall this week after Iran's drones and missiles strike on Israel over the weekend. Read more

9:53 AM

Infosys dips 3%, hits over four-month low on modest FY25 guidance

Shares of Infosys dipped 3 per cent to Rs 1,379.70, hitting over four-month low on the BSE in Friday’s intra-day trade. This comes after the company projected a revenue growth guidance of 1-3 per cent in constant currency (CC) for the financial year 2024-25 (FY25). The stock is trading at its lowest level since November 15, 2023. It has corrected 20 per cent from its 52-week high level of Rs 1,731 touched on February 6, 2024. Read more

9:39 AM

Wipro Q4 Preview: profits may decline 8-10%, revenues to dip 4-5% YoY

Wipro is expected to register a decline in revenue and profit for the January-March quarter (Q4FY24) as compared to the same quarter in the year ago period due to seasonality, weakness in discretionary spending and cautious sentiment across major verticals impacting revenue growth in Q4, analysts said. 

 

According to brokerage estimates, Wipro is likely to report a net profit in the range of Rs 2,778 crore to Rs 2,829 crore for the fourth quarter, down 8-10 per cent year on year (YoY) against Q4FY23 where it reported Rs 3,076 crore. Read more

9:30 AM

Infosys down 2% in early trade on Q4 numbers

9:24 AM

Broader markets :: Mid, SmallCap indices fall 1% each

9:23 AM

Sectoral trends :: All indices slide led by PSU bank index

9:21 AM

Sensex Heatmap :: 29 of 30 index stocks in red

9:19 AM

Opening Bell :: Nifty nears 21,800

9:17 AM

Opening Bell :: Sensex drops 600 pts

9:15 AM

ALERT :: Iran says the explosion heard in Isfahan was a result of the activation of Iran's air defence system

9:13 AM

ALERT :: Iran denies missile attack

9:11 AM

Pre-Open Session :: Nifty nears 21,850

9:10 AM

Pre-Open Session :: Sensex tanks nearly 500 pts