The Sensex gained 1.05%, or 759.49 points, to a record close of 73,327.94 after touching an all-time high of 73,402.16. The Nifty rose 0.93%, or 202.90 points, to a record close of 22,097.45. The index recorded a lifetime high of 22,115.55 intra-day. Both have gained nearly 3% in last one month.
Indian equity indices opened lower due to the decline in Asian peers. The BSE Sensex and Nifty50 both traded in the red, dragged down by IT and energy stocks. HCL Tech, Wipro, NTPC, Tech Mahindra, and Infosys opened with cuts, while JSW Steel, Tata Steel, Bajaj Finance, HDFC Bank, and Bharti Airtel opened with gains. The Nifty IT index fell, led by HCL Tech and Wipro. Aster DM Healthcare shares rose 10% after announcing a dividend for shareholders. Jio Financial Services reported a decline in net profit, causing its shares to fall.
Hcl Tech: “This lab represents our commitment to driving digital transformation and helping enterprises harness the potential of cloud-native technologies," said Alan Flower, Executive Vice President and Head – Cloud Native Labs, HCLTech. "We aim to equip organizations with the capabilities they need to thrive in an increasingly agile and cloud-native world."
HCL Technologies has slightly reduced its revenue growth guidance for FY24 from 5-6 percent YoY in constant currency terms to now 5-5.5 percent, though it has maintained its margin guidance of 18-19 percent.