Titan Company, Housing Development Finance Corporation (HDFC) and Kotak Mahindra Bank were trading in the red.
Stock Market News Today | Sensex, Nifty, Stock Prices LIVE: The national stock market benchmark indices BSE Sensex and Nifty 50 were trading higher on Friday, reflecting global signals. The S&P BSE Sensex hovered around 48,450, while the Nifty 50 hit a new record of 14,259 levels. The main BSE Sensex winners were Tech Mahindra, Infosys, Tata Consultancy Services, Powe Grid Corporation of India, HCL Technologies, ONGC, Maruti Suzuki, UltraTech Cement, among others. Tata Consultancy Services (TCS) shares were firm ahead of October-December quarter results. Titan Company, Housing Development Finance Corporation (HDFC) and Kotak Mahindra Bank were trading in the red. All of Nifty’s industry indices were trading at gains, led by the Nifty IT index, up 1.67%.
Tata Consultancy Services (TCS) will announce results for the October-December quarter later today. Analysts expect strong revenue growth thanks to the increase in certain major transactions. TCS ‘share price jumped more than 32 percent in calendar year 2020, while it managed to gain 15 percent in the third quarter of fiscal 21. In the recently completed buyback, Tata Sons offered 10,000 shares. rupees from Tata Consultancy Services. The company’s cash reserves amounted to Rs 58,500 crore as of September 2020.
read more
.
