LICNETFN50 News Today

Nifty Closes Above 19,600, Gains Across Sectors

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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

CVs: Growth tapering, discounts returning in auto sector: IIFL Securities

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Analysts of IIFL Securities perceived a risk to the sustainability of low discounts, if any of the larger players lost market share.

• 29 September, 2023
• 12:36 PM
• less than a minute

Accenture's Modest Growth Forecast Rattles Indian IT Stocks

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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

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

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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

LIC dilutes stake in Hindustan Copper Limited

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Hindustan Copper Limited has a market capitalization of Rs 15,457.88 crore

• 29 September, 2023
• 9:50 AM
• less than a minute

Markets may start on a negative note today

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

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

JSW Steel Acquires Full Stake in NSL Green Steel, Shares Rally Nearly 1%

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The acquisition involved purchasing the entire 50% stake from National Steel Holding (NSHL).

• 28 September, 2023
• 1:28 PM
• less than a minute

Cement companies hike prices amid low demand

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The all-India average cement price has risen dramatically, reaching Rs 382 per 50 kg bag.

• 28 September, 2023
• 12:00 PM
• less than a minute

Normalisation of outperformance in FMCG Sector: IIFL Securities

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Moreover, analysts of IIFL Securities expect HUL volume growth to improve to ~7-8% vs ~3-4% currently in the next two quarters, which will spur the stock price.

• 28 September, 2023
• 10:38 AM
• less than a minute

JSW Steel acquires balance 50% stake in NSL Green Steel Recycling

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JSW's shareholding in NSL has increased from 50% (pre-acquisition) to 100%.

• 28 September, 2023
• 9:50 AM
• less than a minute