Investors lose ₹10 lakh cr as Sensex, Nifty crash nearly 2%; what fuelled sell-off on D-Street?
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
HDFC Bank, Indusind Bank, Ultratech Cement, HUL, L&T Mindtree, Asian Paints, and others are set to announce their Q3 results this week.
India's robust economic growth will boost demand at corporates, despite weakness from slowing growth in key overseas markets, says Fitch
TCS is expected to post constant currency revenue growth of 1% with 20 bps cross currency headwinds translating into 0.8% QoQ dollar revenue growth.
Companies overcome global headwinds and domestic challenges to ride the growth train.
NSE 500 clocked a record profit of ₹11.1 lakh crore in FY23, a rise of 8.8% over FY22 earnings of ₹10.2 lakh crore
There will be no change in relative positioning despite worsening macros as it has not translated to client cutting spending on existing projects, says ICICI Securities.
A company compounding its topline growth can be an encouraging sign for an investor that his firm is on a growth trajectory, though that doesn’t necessarily mean it is achieving growth profitably.
The Sensex and Nifty are set to fall in opening trade on Monday, mirroring weakness in Asian peers and bearish trends at SGX Nifty futures.
The Sensex and Nifty are set to open sharply lower on Friday, following weak cues from Asian peers and bearish trends at SGX Nifty futures.