Infosys
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Markets
These BSE 500 stocks declined up to 60% from 52-week highs; should you buy?
Amid the ongoing volatility on the domestic equity market, as many as 170 stocks in the BSE 500 have lost over 25 per cent of their value from their respective 52-week high levels. The benchmark BSE Sensex is down 7 per cent from its 52-week high of 62,245.43, scaled on October 19, 2021. With a fall of 58 per cent,…
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Stock Market
etmarkets investors guide: ETMarkets Investors’ Guide: Are midcap IT stocks more lucrative than the big boys? | The Economic Times Podcast
Hello, you have tuned into ETMarkets Investors’ Guide, a show about asset classes, investment ideas and market trends. I am Nikhil Agarwal. As the three big boys of Indian IT services – TCS, Infosys and Wipro – came out with their results last week, analysts were left busy hunting for catalysts that can trigger the next round of re-rating in…
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Markets
M-cap of 8 of top-10 cos jumps over 2.34 lakh cr; RIL, Infosys, TCS top gainers
The market capitalisation (m-cap) of eight of the top 10 most-valued companies jumped to Rs 2,34,161.58 crore last week, with Reliance Industries Ltd. (RIL), Infosys and Tata Consultancy Services (TCS) emerging as the lead gainers. The 30-share BSE benchmark Sensex jumped 1,478.38 points or 2.47 per cent last week. The m-cap of RIL zoomed Rs 69,503.71 crore to reach Rs…
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Top News
Infosys Q3 Profit Rises 12% To Rs 5,809 Crore As Digital Push Boosts Demand
Infosys’ revenue from operations rose to Rs 31,867 crore. Bengaluru: Infosys Ltd on Wednesday reported nearly 12 per cent rise in December-quarter profit, on strong demand for its software services from global businesses transforming their digital infrastructure. The Bengaluru-based company’s consolidated net profit for the third quarter (Q3) climbed to Rs 5,809 crore ($786.06 million), from Rs 5,197 crore a…
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Markets
Stocks in news: Bharti Airtel, Future Retail, Adani Ports, Thermax and more
The Indian equity market is likely to open lower on Wednesday as SGX Nifty fell 32 points to 17,823. On Tuesday, Sensex ended 672 points higher at 59,855 and Nifty climbed 179 points to 17,805. Market cap of BSE listed firms rose to Rs 271.40 lakh crore. NTPC, SBI and PowerGrid were the top Sensex gainers , rising up to…
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Stock Market
IT firms may beat weak Q3 trend with strong numbers
Mumbai: Indian IT services leaders are expected to report strong numbers in the seasonally weak third quarter ended December 31 due to high demand from clients. IT bellwether Tata Consultancy Service (TCS), analysts said, is expected to indicate traction from major deal wins in the quarter, while is expected to upgrade its guidance for the fiscal year. is expected to…
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Global Stocks
Tesla’s market cap now more than top 5 BSE companies combined; Elon Musk’s wealth grows $36 billion
Elon Musk’s Tesla touched a new milestone on Monday, breaching the $1 trillion market capitalisation mark. Elon Musk’s Tesla touched a new milestone on Monday, breaching the $1 trillion market capitalisation mark, as the stock price soared 12.66% on the back of a massive order from car-rental behemoth Hertz. With this surge in market cap, Tesla is more valuable than…
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