May 26, 2024


Passion For Business

MARKET LIVE: Sensex gains 100 points, Nifty tests 12k; Cement stocks up

Between headline indices, the S&P BSE Sensex was trading around 40,seven hundred levels, up 100 factors, and the Nifty50 index hovered around 12,000-mark. ICICI Lender, IndusInd Lender, and Axis Lender (all down 1%) were being the leading Sensex laggards. On the other hand, Bharti Airtel obtained two for each cent after Trai’s introduced the membership info for July. Ultratech Cement and Tata Steel were being also up 1 for each cent each and every.

The pattern among the Nifty sectoral indices was blended, with Nifty Private Lender index, down .nine for each cent, top the checklist of losers.

A overall of 5 corporations which includes Wipro, Karnataka Lender, and Tata Steel Lengthy Solutions are scheduled to announce their quarterly earnings nowadays. According to analysts, Wipro’s CEO’s technique to revive progress, progress advice for the third quarter, need and pricing situation, and outlook on healthcare and electricity verticals are the critical points to observe out for in the consequence announcement. Read through Much more