The country's largest software services firm Tata Consultancy Services (TCS) Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter.
The benchmark BSE Sensex closed up 0.41 percent at 38,767.11, while the broader NSE Nifty ended 0.4 percent higher at 11,643.45. Both indexes finished the week about 0.2 percent lower.
IT major Infosys Friday posted a 10.5 per cent rise in consolidated net profit at Rs 4,078 crore for the March 2019 quarter, and guided towards 7.5-9.5 per cent growth in revenue for FY 2019-20.
On 12th April, 2019, our experts Gaurang Shah, Head Investment Strategist, Geojit Financial and and Mileen K Vasudeo, Senior Technical Analyst, Arihant Capital Markets Ltd, answered viewers' questions on the stocks, shares, stock market, share their opinion on stocks to buy, sell and hold for best returns.
The 30-share index was trading 106.69 points or 0.28 per cent higher at 38,713.70. It ended 21.66 points higher at 38,607.01 in its previous session. Nifty was trading 21.75 points, or 0.19 per cent, up at 11,618.45 in early trade.
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The 30-share BSE Sensex inched up 21.66 points, or 0.06 per cent, to close at 38,607.01. The broader NSE Nifty settled 12.40 points, or 0.11 per cent, higher at 11,596.70.
On 11th April 2019, Gaurang Shah, Head Investment Strategist, Geojit Financial and Ashish Kyal of Wave Strategy Advisors, answer viewers’ questions.
The 30-share Sensex index lost 353.87 points, or 0.91 per cent, to close at 38,585.35; the broader NSE Nifty dropped 87.65 points, or 0.75 per cent, to 11,584.30. HDFC Bank lost 2.07 per cent, while HDFC slumped 1.96 per cent. The HDFC duo collectively accounted for almost half of the Sensex's 354-point loss.