Mart Intermesh News Today

IndiaMart InterMesh stock gained 9.09% to Rs 2888.95 against the previous close of Rs 2648.20 on BSE. Market cap of the firm rose to Rs 17,239 crore.

Infosys has trimmed its revenue guidance for FY24 on weak global macro environment. The company now sees its revenue growing at just 1-3.5% in constant currency terms.

BSE's barometer Sensex tanked 887.64 points, or 1.31 per cent, to end the session at 66,684.26, while NSE's Nifty50 plunged 234 points, or 1.17 per cent, to settle at 19,745 for the day.

Revenue from operations jumps 26% to Rs 282 crore for the April-June period, as against Rs 225 crore in the same period of last year. The buyback size represents 2% of the total equity of the company and 24.33% of free reserves based on the last audited financial statements for the period ended June 2023.

India VIX was down by 2.33% from 10.93 to 10.68 levels on Friday. Volatility is hovering near its lower band which is supporting the bulls at record-high levels. On the weekly options front, the maximum Call OI is placed at 19600 and then towards 19700 strikes while the maximum Put OI is placed at 19500 and then towards 19400 strikes.

The exchange filing further said that the trading window of the company for trading in the companys equity shares has already been closed from Saturday, July 01, till the expiry of forty-eight (48) hours after the announcement/ declaration of the financial results of the company for the quarter ended June 30, 2023.

A bonus issue is an offer given to the existing shareholders of the company to subscribe for additional shares

Based on research, ICICI Securities analysts have listed four new-age tech stocks as its top picks: Delhivery, IndiaMart, Just Dial and Nazara Technologies

Sensex rises 776 points to 57,356 and Nifty end 246 points higher at 17,200.

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