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Source: Live Mint Wipro Ltd’s investors are elated. The stock surged 6% on Monday following its better-than-anticipated result in a seasonally weak December quarter (Q3FY25). The enthusiasm among investors is understood, considering the earnings pain Wipro has been through due to increased weakness in its discretionary portfolio and company-specific challenges. This had kept the Wipro…
Source: Live Mint Stocks to watch next week: The Indian stock market is experiencing high volatility due to persisting concerns over weak earnings, heavy foreign capital outflows, and uncertainty surrounding Donald Trump’s trade policies. Moreover, caution ahead of the Union Budget 2024 keeps market sentiment fragile. At this juncture, experts suggest observing stock-specific movements before…
Source: Live Mint Even though the December quarter (Q3FY25) earnings of domestic IT majors TCS, Infosys, HCL Tech, and Wipro were mixed, they did not bring many disappointments. This has raised hopes that the worst may be behind for the IT sector. While it might be too early to draw definitive conclusions, experts remain largely…
Source: Live Mint The third quarter earnings season kicked off last week with Tata Consultancy Services (TCS) announcing its Q3 results on January 9. Investors are expected to closely monitor the earnings reports for the December quarter (Q3FY25) that will be released next week, with over 60 companies set to announce their results between January…
Source: Live Mint 52 Week Low Stocks Today on December 20, 2024: Shares of Sanghi Industries, Creditaccess Grameen, P&G Hygiene & Health Care, Spandana Sphoorty Financial, Nestle India hit their fresh 52 wk lows today. Nifty 50 was down by -15.9(-0.07%) points and Sensex was down by -20.07(-0.03%) points at 20 Dec 2024 10:59:57 IST….
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Vedanta: The board of Anil Agarwal-owned Vedanta has approved its fourth interim dividend of ₹8.5 per share. The announcement was made after market hours on Monday, December 16. Earlier, on December 12, Vedanta had notified the stock exchanges…
Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
Source: Live Mint The Nifty IT index continued its winning streak for the third consecutive trading session on Tuesday, December 3, rising by 0.5 per cent to close at 43,754. The index recovered 0.75 per cent from its intraday low, with a strong rally in Persistent Systems and HCL Tech helping keep the index in…
Source: Live Mint Wipro share price traded marginally lower on Tuesday, December 3 as the IT stock turns ex-date for bonus issue. Wipro shares turns ex-date for bonus issue on Tuesday in the ratio of 1:1. The company has announced the Wipro bonus shares record date as on December 3. Investors holding the IT stock…
Source: Live Mint Indian Stock Market: Indian equities are expected to open on a flat note on Tuesday, December 3, following a strong finish in the previous trading session. Sector-specific action is anticipated to dominate the day, with metal, mining, auto ancillaries, and construction stocks likely to remain in focus. Asian markets opened in positive…
