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Rajesh Palviya of Axis Sec suggests Paytm, Anand Rathi, Nykaa shares to buy today
Indian benchmark indices opened higher, boosted by gains in IT stocks after TCS reported strong quarterly revenue. Nifty 50 rose 0.68% and BSE Sensex climbed 0.85%. Market breadth was positive, with all major sectoral indices in the green amid easing geopolitical tensions.
Lodha Developers Ltd Slides 3.92%, BSE Realty index Drops 1.06%
Lodha Developers Ltd has added 33.6% over last one month compared to 20.04% gain in BSE Realty index and 4.61% rise in the SENSEX
Zensar Technologies Ltd Spurts 3.95%, BSE Information Technology index Rises 2.26%
Zensar Technologies Ltd has added 1.57% over last one month compared to 0.99% fall in BSE Information Technology index and 4.61% rise in the SENSEX
Sensex jumps 701 pts in early trade; breadth strong
At 09:30 IST, the barometer index, the S&P BSE Sensex, jumped 701.44 points or 0.86% to 77,404.37. The Nifty 50 index rose 206.75 points or 0.86% to 24,169.55.
INR extend gains amid dollar weakness; Local benchmark indices surge in early trades
The Indian rupee extended gains in opening trades on Friday tracing weakness in dollar overseas on expectations that US and Iran will continue peace negotiations despite a recent escalation. However, oil prices stay supported after recent streak of gains that could limit gains in the counter. INR opened at Rs 95.27 per dollar and hit a high of 95.22 so far during the day. Yesterday, rupee appreciated by 7 paise to settle at 95.41 against the US dollar. Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, boosted by the surge in semiconductor and AI stocks. Indian benchmark indices surged early on Friday, with the BSE Sensex climbing 701.73 points (0.91%) to 77,443.55 and the NSE Nifty 50 gaining 200.85 points (0.84%) to trade at 24,162.25.
TCS Shares Gain 4% After Q1 As Strong Deal Wins Offset Margin Pressure
Around 9:20 AM, TCS shares were trading near day's high at Rs 2,126 per share, up 3.82%. In comparison, BSE Sensex was trading at 77,481levels, up 0.71%.
Cummins India faces Income Tax Dept appeal in Bombay HC over ₹211 cr ITAT relief
Shares of Cummins India Ltd ended at ₹5,533.00, up by ₹34.70, or 0.63%, on the BSE.
Bajaj Finserv Q1 Update: Bajaj General premium up 22% YoY to ₹1,760 crore
Shares of Bajaj Finserv Ltd ended at ₹1,894.25, up by ₹39.60, or 2.14%, on the BSE.
Dixon-Vivo JV gets govt approval for smartphone manufacturing under Press Note 3
Shares of Dixon Technologies (India) Ltd ended at ₹13,490.00, up by ₹562.20, or 4.35%, on the BSE.
Apollo Micro Systems to acquire 41% stake in Premier Explosives for ₹1,550 crore
Shares of Apollo Micro Systems Ltd ended 1.33% higher at ₹398.60 on the BSE, while shares of Premier Explosives Ltd closed 4.13% up at ₹714.75.
CONCOR, GAIL sign 15-year pact to set up LNG dispensing station in Ahmedabad
Shares of GAIL (India) Ltd ended 0.83% higher at ₹170.40 on the BSE, while shares of Container Corporation of India Ltd (CONCOR) closed 1.50% up at ₹458.10.
INR settles higher, supported by good recovery in local equities
The Indian rupee appreciated by 7 paise to settle at 95.41 (provisional) against the US dollar on Thursday even as crude oil prices firmed up and the greenback strengthened in the global markets. A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. At the interbank foreign exchange market, the rupee opened lower by 4 paise at 95.52 against the US dollar and later traded in the range of 95.58 to 95.28 during the day. It settled at 95.41 (provisional), up 7 paise from the previous close. The rupee had declined by 52 paise to settle at 95.48 against the US dollar on Wednesday. Indian shares ended modestly higher on Thursday, after having fallen heavily in the previous session amid escalating hostilities in the Middle East. At the close of the market, the NSE Nifty 50 advanced 80.75 points (0.34%) to settle at 23,962.80, while the BSE Sensex gained 238.22 ...