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Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 559.28 points or 1.75% at 31430.62 at 13:48 IST.

IndusInd Bank jumped 4.12% to Rs 1018.50 after the bank reported 55.4% rise in standalone net profit to Rs 1,361.37 crore on an 6.1% increase in total income to Rs 9,761.89 crore in Q4 FY22 over Q4 FY21.

On 7 May 2022

On 21 May 2022

The benchmark indices extended losses, trading with modest cuts during afternoon trade. Private banks, FMCG and Realty shares were supported the market while Auto, IT and Consumer Durables corrected. The Nifty traded below 17,050 mark. At 13:30 IST, the barometer index, S&P BSE Sensex declined 219.19 points or 0.38% to 56,841.68. The Nifty 50 index was down 77.90 points or 0.46% to 17,024.65. In broader […]

Sales rise 20.29% to Rs 384.58 crore

Consumer Durables stocks were trading in red, with the S&P BSE Consumer Durables index decreasing 894.42 points or 2.1% at 41772.17 at 13:48 IST.

Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 30.18 points or 1.71% at 1729.69 at 13:48 IST.

Dixon Technologies tumbled 8.87% to Rs 4,0060.70 after Directorate of Enforcement (ED) on Saturday, 29 April 2022, seized Rs 5551.27 crore of Xiaomi Technology India under the provisions of Foreign Exchange Management Act, 1999.

Just Dial fell 3.70% to Rs 826.90 after the companys consolidated net profit declined 34.32% to Rs 22.05 crore on 5.13% fall in net sales to Rs 166.67 crore in Q4 March 2022 over Q4 March 2021.