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Profit booking in Reliance, drop in financials weigh on Indian shares

Profit booking in Reliance, drop in financials weigh on Indian shares
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India , Bengaluru , Karnataka , Bharat , Sanjiv-hota , Bharat-petroleum-corporation , Reliance-industries , Bajaj-finance , Petroleum-corporation ,

Sensex, Nifty end lower following profit booking in heavyweights

Indian shares fell on Tuesday as financials, led by Bajaj Finance, dragged the market, while profit booking in index heavyweights Reliance Industries and HDFC Bank ......

India , Bharat , Sanjiv-hota , Bharat-petroleum-corporation , Reuters , Reliance-industries , Bajaj-finance , Petroleum-corporation , Subscribe-now , Sensex , Ifty , Se

Sensex, Nifty end higher but gains capped by last-hour fall in financial stocks

Indian shares closed higher on Tuesday, led by a jump in auto stocks, but surrendered a lot of their gains in the final hour of ......

India , Sanjiv-hota , Sony , Bajaj-auto , Reuters , Godrej-consumer-products , Subscribe-now , Bse , Se , Ensex , Ifty , Ee-entertainment-enterprises-ltd

Analysts estimate that Infosys may offer buyback of shares at ₹1,600 to ₹1,650 a piece

Infosys announced that it will consider buyback of equity shares during its board meeting set to take place tomorrow, on April 14.Analysts estimate that shares

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The tech stocks binge is hotting up again with the second wave of COVID-19

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“The fourth quarter is traditionally a soft quarter for IT companies, but this time around the street’s expectations are very strong,” Sanjiv Hota, vice president and head of research at Sharekhan told Business Insider India. That being said, some players are doing better than others on the stock market.
More than just the quarterly results, analysts believe that the inflow of demand due to the pandemic is also firming up the earnings of companies like TCS, HCL Technologies, Infosys and Wipro in the longer run. “A big shift that is happening. Earning visibility for the IT sector over the next two to three years is getting very strong,” Hota explained.

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