News Today

Nifty Closes Above 19,600, Gains Across Sectors

Copy Link

Market breadth was positive, with 2246 stocks advancing, 1256 stocks declining, and 152 stocks remaining unchanged.

• 29 September, 2023
• 3:39 PM
• less than a minute

Fertilizers: Headwinds cropping up

Copy Link

Although the industry will be compelled to take price hikes, analysts of IIFL Securities believe the govt will restrict it; given that the elections are looming in some states in the coming months.

• 29 September, 2023
• 1:02 PM
• less than a minute

Accenture's Modest Growth Forecast Rattles Indian IT Stocks

Copy Link

Accenture reported a 3% sequential decline in deal-bookings in Q4FY23 compared to earlier flat growth expectations, impacting the broader IT sector

• 29 September, 2023
• 12:26 PM
• less than a minute

Dr. Reddy's Laboratories forms a fully-owned subsidiary in Jamaica, the stock increases by 2%

Copy Link

According to a BSE notification dated September 28, it will be involved in the importing, warehousing, distribution, and exportation of pharmaceuticals.

• 29 September, 2023
• 12:20 PM
• less than a minute

Coforge receives a tax demand of Rs 83 crore for Fiscal Year 2019–20

Copy Link

The company stated in a regulatory filing that it had received an income tax assessment order/demand order for the financial year 2019–20 (assessment year 2020–21) with a tax demand and interest.

• 29 September, 2023
• 11:45 AM
• less than a minute

The “Mega” order win sent Larsen & Toubro; shares trading a record high

Copy Link

Although L&T withheld the precise amount of the order win, it classifies an order as "mega" when its worth exceeds Rs 7,000 crore.

• 29 September, 2023
• 11:29 AM
• less than a minute

Sun Pharma will acquire its Mexican arm's completely by buying out local partner

Copy Link

The deal will be carried out through a wholly-owned subsidiary called Sun Pharma (Netherlands) B.V., the company said, adding that it would "enable Sun Pharma to acquire the balance 25% stake held by the local partner."

• 29 September, 2023
• 11:08 AM
• less than a minute

Demand remains muted; FY24 guidance soft in Indian IT sector: IIFL Securities

Copy Link

Analysts of IIFL Securities believe ACN’s Q4 results and soft FY24 organic growth outlook of 0-3% CC YoY, combined with the sharp decline in Managed Services bookings highlight the lack of tailwinds in the near-term demand environment.

• 29 September, 2023
• 11:05 AM
• less than a minute

Dollar down from 10-month high, but intervention monitoring for yen

Copy Link

After recovering overnight, the euro mostly maintained its position, but it was still close to its January low of $1.0482, which if it was breached would be the lowest since December.

• 29 September, 2023
• 10:12 AM
• less than a minute

Markets may start on a negative note today

Copy Link

Asian equities are trading in mixed sentiments after a Wall Street rebound.

• 29 September, 2023
• 8:04 AM
• less than a minute