look news india
Stock Market Today: The stock market remained bullish for the third consecutive day. This week the Sensex has fallen by 2973.44 points and today reached a low of 77099.55 points. Nifty has also broken the level of 23500. Selling pressure has increased in PSU and power segment shares. As a result, investors have suffered a loss of Rs. There has been a loss of Rs 11 lakh crore.
301 lower circuit in stocks
Amid general decline in the stock market, 301 shares hit lower circuit. While 220 shares have reached their lowest level of the year. Till the time of writing the news, out of total 3748 traded shares on BSE, 3027 shares have fallen. Whereas only 599 shares are trading in favor of reforms. At 10.45 am, Sensex was trading 223.03 points down at 77399.59 and Nifty was trading 94.15 points down at 23432.35.
IT shares rise after TCS results
Due to the excellent performance of the country’s top IT company in the third quarter, the possibility of growth of IT sector being positive has increased. As a result the index was trading higher. TCS remained on top in Sensex with a jump of up to 5 percent. Apart from this, Tech Mahindra is trading up by 2.54 percent, Infosys by 1.17 percent, HCL Tech by 1.11 percent. TCSA in December quarter stood at Rs. Consolidated net profit of Rs 12380 crore was recorded. Which was Rs. in the same period last year. There has been an increase of Rs 11058 crore with an increase of 12 percent. Revenue also increased by 6 percent to Rs. Registration worth Rs 63973 crore has been done. The company offered investors Rs. 66Pet has also declared its third interim dividend. Whose record date is 17 January.
In sectoral indices, Healthcare is trading down by 1.49 per cent, Auto by 1.09 per cent, Capital Goods by 1.32 per cent, Consumer Durables by 1.28 per cent, Power by 2.07 per cent, Realty by 1.38 per cent. While the IT index is trading at a gain of 2 percent and the technology index is trading at a gain of 1.44 percent.