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Category: News

Stock market update: Power stocks down as market rises

January 5, 2023
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 |  News
The 30-share BSE Sensex was up 19.19 points at 60676.64

Havells India shares gain 1.03% as Sensex falls

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A total of 10,705 shares changed hands on the counter till 10:20AM (IST)

Buy Tata Communications, target price Rs 1500 : ICICI Securities

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Tata Communications is likely to report steady revenue growth in its data business on easing supply-chain issues and stable segmental margins.

Q3 Preview: Earnings of IT cos seen soft, but Street’s focus to be on demand view

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The weakening macroeconomic environment in the US and Europe – two major markets for IT firms – have not had a major impact on deal pipeline in the last quarter, but investors would want to see how it shapes up for the ensuing quarters.

Colgate-Palmolive shares up 1.58% as Nifty gains

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A total of 2,481 shares changed hands on the counter till 10:05AM (IST).

Stock market update: Nifty IT index falls 0.17% in a weak market

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The Nifty IT index was trading 0.17 per cent down at 28628.25.

Hold Indus Towers, target price Rs 194: ICICI Securities

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Indus Towers, incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 50422.27 Crore) operating in Telecommunications sector.

Godrej Consumer shares up 1.27% as Nifty drops

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A total of 11,272 shares changed hands on the counter till 10:10AM (IST).

Bajaj Finance shares crack up to 8%. What’s the bad news?

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Global brokerage CLSA, which has maintained a sell rating on the stock, pointed out that the lender’s loan growth was slow despite the festive season. It said that despite underperformance, the stock remains “unjustifiably expensive.”

Mukesh Ambani driving $75 billion green bet as scions helm other Reliance units

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Mukesh Ambani driving $75 billion green bet as scions helm other Reliance units The 65-year-old will oversee strategy, including the building of gigafactories and blue hydrogen facilities, will assess acquisition targets, and is talking to potential investors, the people said, asking not to be named as the information isn’t public.

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