Sensex, Nifty Trade Flat In Red. Tech Stocks Gain, Banks Lose


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On Monday, at 12:03 pm, BSE Sensex was buying and selling 45.07 factors down at 60,216.11 and Nifty was buying and selling 34.55 factors down at 17,922.05.

Business News Live On January 16
Business News Live On January 16

New Delhi: Much to consultants’ predictions, Indian indices opened on a constructive notice as we speak taking cues from world markets, however slipped to crimson in early commerce. Sensex rose to a excessive of 60,586.77 as we speak and Nifty as soon as once more breached the 18K psychological mark in early commerce.

On Monday, at 12:03 pm, BSE Sensex was buying and selling 45.07 factors down at 60,216.11 and Nifty was buying and selling 34.55 factors down at 17,922.05.

STOCKS TO WATCH ON JANUARY 16, 2023

Tata Consultancy Services (TCS): IT behemoth Tata Consultancy Services (TCS) will flip ex-dividend as we speak with respect to its third interim dividend of Rs 75 per share which features a particular dividend of Rs 67 per share.

TCS shares, on Friday, ended 1.19 per cent larger to settle at Rs 3,374.20 apiece on the BSE.

Wipro: Wipro Ltd on Friday posted 2.8 per cent year-on-year rise in its consolidated internet revenue for December quarter, at about Rs 3,053 crore. The internet revenue stood at Rs 2,969 crore within the year-ago interval. Revenue of the Bengaluru-headquartered IT firm got here in at Rs 23,229 crore in Q3FY23, 14.3 per cent larger than the identical interval of earlier 12 months.

Wipro shares, on Friday, ended 1.00 per cent larger to settle at Rs 395.20 apiece on the NSE.

HDFC Bank: The non-public lender reported a 19.9 per cent leap in its consolidated internet revenue for the quarter ended December 2022. It reported a internet revenue of Rs 12,698 crore beating market estimates, a rise of 18.5 per cent over the quarter ended December 31, 2022. The financial institution’s December quarter internet income grew by 18.3 per cent to Rs 31,488 crore from Rs 26,627 crore final 12 months.

HDFC Bank shares, on Friday, ended 1.60 per cent larger to settle at Rs 1601.00 apiece on the NSE.

Tata Motors:  The firm has filed Form 25 with the Securities and Exchange Commission (SEC), USA, for termination of its American Depositary Share Program. SEC Form 25 is the doc filed by an organization to delist its securities.

Tata Motors shares, on Friday, ended 0.55 per cent decrease to settle at Rs 411.70 apiece on the NSE.

Vodafone Idea: The crisis-hit telco is seeing a mass exodus of staff, in accordance with a report. Around a fifth of its gross sales group is believed to have give up over the previous few weeks, sources instructed Financial Express. Vodafone Idea is looking for replacements and has listed as many as 986 vacancies on LinkedIn, the report added.




Published Date: January 16, 2023 8:44 AM IST



Updated Date: January 16, 2023 12:10 PM IST





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