Page 28 - Prashanth Tapse News Today

Jyoti CNC Automation IPO: Financial hiccups, including past losses and a negative return on equity, cast a shadow on the companys otherwise attractive profile, say analysts

Dalal Street investors became richer by Rs 9.68 lakh crore in five days of market rally, where the Sensex breached the historic 73,000-mark for the first time ever to reach a new record peak, taking the market capitalisation of BSE-listed companies to an all-time high of Rs 376 lakh crore. The 30-share BSE Sensex jumped 759.49 points or 1.05 per cent to settle at a new closing high of 73,327.94 on Monday. During the day, it zoomed 833.71 points or 1.14 per cent to reach its all-time peak of 73,4...

Mumbai: Market rallied more than one per cent on better than expected earnings by IT companies Tata Consultancy Services (TCS) and Infosys as well as a stronger rupee and robust direct tax collection...

On the stock-specific front, HCL Tech, Wipro, HDFC Life Insurance and few other counters will be in focus today.

After a dull opening, the stock market has been sailing smooth all through the week. So will the week conclude on a good note? Here’s what you need to know before the day’s trade kickstarts, , stocks to buy today, nse nifty, bse sensex

The single-biggest trigger has been the strong buying interest in IT stocks after Infosys reported in-line results and TCS surprised positively

Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the top gainers on NSE in Friday trade.TCS reported better than expected earnings, while Infosys earnings

IT stocks are set to join the rally with banking stocks after a year of underperformance, contributing to the Niftys gains.

On the stock-specific front, Infosys, TCS, HDFC AMC and few other counters will be in focus today.

Nifty on Thursday ended 28.5 points higher but formed a small negative candle with a minor lower shadow on the daily chart, indicating a range-bound action below the immediate resistance.