- As we have discussed yesterday crossing 16,900 can only give a sustainable move. It was proven today.
- Nifty formed a bullish setup towards close and we could better stay on bull side, as of now.
- After Nasdaq S&P climbs to a record high.
- Yesterday we have mentioned IT stocks to watch out for. IT sectors was buzzing during the day.
Stocks in News:
Shipping stocks: Cabinet approved Rs 1600 cr subsidy
TCS: TCS plans to expand biz in Arizona, Will invest $30 cr by 2026
Infosys Q1 : Net Profit up 2.5 % to Rs 5195 cr (QOQ)
Revenue Up 6 % To Rs 27,896 cr
5 Paise Q1 : Net Profit Up 23 % To Rs 7.19 cr (QOQ) , Up 157 % YOY
Revenue Up 21 % To Rs 60 cr (QOQ), Up 42 % YOY
Amara Raja Batteries: Co. Says the high court of AP has extended the interim suspension of closure orders of the company's plants situated at AP.
Aptech: SEBI settles insider trading case against investor Rakesh Jhunjhunwala for 95.1 M Rupees.
Major Corporate Results for Tomorrow:
- Wipro
- Tata Elxsi
- L&T Infotech
- Angel Broking
- Cyient
- Tata Steel Long
FII & DII Data:
- FII: -1303.95
- DII: 1335.91