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The benchmark indices extended minor losses during early afternoon trade, dragged by healthcare, auto and IT stocks. The Nifty traded above 18,250 mark. At 12:30 IST, the barometer index, the S&P BSE Sensex, skid 100.36 points or 0.16% at 61,208.55. The Nifty 50 index slipped 41.85 points or 0.23% at 18,266.25. In the broader market, the S&P BSE Mid-Cap index lost 0.46% while the S&P […]

The acquisition will enable Tech Mahindra to tap onto the potential industry disruption in the Insurance sector, expand its offerings to high-end digital engineering services for some of the largest insurance, re-insurance and financial services organizations globally and scale its nearshore delivery presence.

EKI Energy Services hit an upper circuit limit of 5% at Rs 10,760.25 after the companys net profit rose 98.41% to Rs 161.21 crore on 55.10% increase in net sales to Rs 687.82 crore in Q3 December 2021 over Q2 September 2021.

Record date for distribution is 20 January 2022

Prestige Estates Projects jumped 5.31% to Rs 539.75 after the realty companys sales booking for Q3 FY22 increased by 111% to Rs 4,267.6 crore from Rs 2,026 crore recorded in Q3 FY21.

Shakti Pumps (India) slumped 5.13% to Rs 647.10 after the companys consolidated net profit declined by 44.3% to Rs 14.78 crore on a 15.2% fall in revenue from operations to Rs 268.62 crore in Q3 FY22 over Q3 FY21.

Here is the stock market performance at 12:30 PM today.

Yash Chemex Ltd, Precision Wires India Ltd, Khaitan Chemicals & Fertilizers Ltd and Alphageo (India) Ltd are among the other gainers in the BSEs B group today, 18 January 2022.

Record date for dividend is 20 January 2022

$400 Billion target of Merchandise exports is within sight and the Services sector should strive for $250 Billion exports.