Shares of Bharti Airtel Ltd. surged nearly 3%, the most since Jan. 12, after the company said it will consider issuing shares on a preferential basis at its board meeting on Jan. 28.
Nifty support at 16750-16800 [25-01-2022]
On Monday, the US markets finished higher, with bargain hunters driving the indices into positive territory at the closing bell. Investors are anxious about the situation in Ukraine, and the outcome of the Fed’s scheduled policy review, thus Asian markets were trading in the red on Tuesday. Our research suggests that the levels of 16800-16750 may act as important support levels in the market. If the market sustained above the levels of 16800, We can expect the market to trade in the range of 16800-17300.
Zomato share price falls more, down 32% in one week; Kotak Securities sees massive upside, stock may double
Zomato share price extended its correction on Tuesday morning, falling another 5% over and above the 27% correction the stock has seen in recent days. On the opening bell, Zomato share price was down at a new 52-week low of Rs 84.1 per share.
Earnings Post Market Hours [25-01-2022]
Axis Bank Q3FY22 Net Profit: Rs 3,614 crore vs Rs 1,116.6 crore (YoY) (Bloomberg Estimate: 3,216 crore) NII at Rs 8,653 crore Vs Rs 7,373 crore …
SGX Nifty Hints At Opening Losses; Maruti Suzuki, Cipla, Hero Moto, United Spirits In Focus
SGX Nifty Hints Losses: U.S. equity futures and Asian stocks declined on Tuesday after volatility on Wall Street stoked by concerns over Federal Reserve policy tightening and geopolitical tension.
Deepak Nitrite Falls The Most In Three Months On Q3 Miss [25-01-2022]
Shares of Deepak Nitrite Ltd. shed nearly 10%, the steepest intraday decline in three months, to Rs 2,129.05 apiece, after the company reported net income below the average analysts’ estimate in the quarter-ended December.
Sensex Nifty Open Lower; I.T., Banking Stocks Decline
India’s stock benchmarks opened lower, dragged by losses in auto, informational technology, banking and realty stocks, amid decline in global equities due to concerns over Federal Reserve policy tightening and geopolitical tension.