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Gross revenue for the quarter rose 1.3 per cent YoY to Rs 15,670 crore. It was up 3.7 per cent on sequential basis.
Wipro posts Rs 2,968 crore profit in December quarter, beats estimates
Wipro reported a 20.4 per cent year-on-year jump in consolidated net profit to Rs 2,968 crore for the quarter ended December 31, beating Street estimates. Analysts in a poll by ET Now had on average expected the IT major to report a consolidated net profit of Rs 2,554 crore. The company reported a consolidated revenue of Rs 15,670 crore for the third quarter of the current financial year, marking an increase of 1.3 per cent annually, and 3.7 per cent sequentially.
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This is how the 30-pack Sensex moved in today’s session. It touched a high of 49,795.19 and a low of 49,073.85
CLOSING BELL: Sensex gyrates 721 points, ends 25 pts lower; Nifty holds above 14,550; M&M gains 6%, SBI 5%
- Financials and RIL lead the market fall
- 16 of 30 Sensex stocks end the day in the red
- Index contributors: HDFC, RIL, Bajaj Finance, Kotak Bank, HDFC Bank
- Top Index gainers: M&M (5.74%), SBI (4.53%), ITC (2.40%)
- Top Index losers: Bajaj Finance (3.03%), HDFC (2.66%), Bajaj Finserv (1.91%)
- S&P BSE Telecom biggest sectoral gainer, up 1.32%
- S&P BSE CONSUMER DURABLES biggest sectoral loser, down 1.04%
- Volume toppers: TCS, Bharti Airtel, SBI, Infosys, RIL
Here are the top gainers and losers in the pharma space
Price as on 13 Jan, 2021 03:27 PM, Click on company names for their live prices.
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At the end of December, the Nifty 50 index was valued at 21.7 times one-year forward earnings, a significant premium to the long-term average of 17.9 times.
Forex Center: This is how the major currencies are faring against each other
Here are seven stocks that technical analysts say can deliver up to 39 percent returns within a few weeks.
Here are the top losers in the retail space
Price as on 13 Jan, 2021 02:36 PM, Click on company names for their live prices.
One should not pay too much importance to bull market correction. It is like fasting… and is most healthy, as it removes unhealthy elements. Timing a bull market correction is very hard, but as long as it is sharp, like 500-800 points on the Nifty. Correction should be so thrilling that it hits you badly in 2-3 days, which can then be used as a very good opportunity to take fresh positions.
– AK Prabhakar, head of research, IDBI Capital
Vijay Kedia says he is structuring his portfolio in such a way that it turns into an all-weather stock portfolio.
NSE India VIX up nearly 5%
The NSE’s India VIX index — which gauges the expectation of volatility in the near term — traded 4.80% higher at 23.95, having surged as much as 5.12%…
Go to the news source: sensex today: Markets Live: Sensex closes 25 points lower, halts 3-day winning s…