Page 29 - Prashanth Tapse News Today

Infosys ADRs are currently trading at $18.99, up about 4.8% from the previous close. The Bengaluru-based software exporters net profit fell 7% to Rs 6,106 crore in the quarter ended December. However, the profit figure was on par with ET Now poll estimate of Rs 6,140 crore.

Analysts believe the recent bull run led the investors to book profits and beef up their cash reserves for potential future dips. Some selling might have also been influenced by investors redemption pressure, driven by similar thoughts about market movements

On the stock-specific front, Polycab India, Cochin Shipyard, Lupin and few other counters will be in focus today.

On the stock-specific front, BEML, Dr Reddys, Delta Corp and few other counters will be in focus today.

Market breadth was in favour of gainers. About 2,243 shares advanced, 1,602 declined and 99 remained unchanged

US bond yields rise ahead of inflation data, triggers fears of delayed Fed rate cuts

​Investors became poorer by Rs 2.91 lakh crore on Monday as the BSE benchmark Sensex fell sharply by nearly 1 per cent amid a weak trend in global markets.

India Business News: The sensex rallied driven by foreign fund buying and minutes of the US Fed's last meeting indicating rate cuts in 2024. Banking & financial stocks con

On the stock-specific front, Dabur, Vodafone Idea, Jupiter Wagons and few other counters will be in focus today.

The market capitalisation of BSE-listed companies climbs Rs 3,24,010.1 crore to hit an all-time high of Rs 3,68,32,843.41 crore