logo
 

Sensex falls nearly 300 points

Tue 12 Apr 2022, 12:37:24
New Delhi: Indian equity indices extended their losses from the previous session and traded lower in early trade on Tuesday.

At 9.46. a.m., Sensex was 0.5 per cent or 295 points down at 58,670 points, whereas Nifty was 0.6 per cent or 112 points down at 17,563 points.

IT stocks are likely to do well as Tata Consultancy Services results indicate robust deal wins and order flows, said V.K. Vijayakumar, Chief Investment



Strategist at Geojit Financial Services.

IT services major Tata Consultancy Services on Monday reported a year-on-year rise of 7.4 per cent in its consolidated net profit for the fourth quarter of FY22 at Rs 9,926 crore.

“TCS results are in line and marginally above expectations. This can support IT stocks even if there is some profit booking,” Vijayakumar said.




No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Do you think Ruturaj Gaikwad would be a good captain for Chennai Super Kings?

Yes
No
Can't Say