New Delhi: The trend of decline in the domestic stock market for three trading sessions came to an end on Wednesday and the BSE Sensex closed up 478.59 points. On Thursday, the shares of HCL Technologies, Infosys, Tata Power and Sterling and Wilson Renewable Energy can fill the lap of investors. HCL on Wednesday announced its September quarter results. During this period, the company’s net profit increased by seven percent to Rs 3,489 crore. The company had posted a net profit of Rs 3,259 crore in the July-September quarter of the last financial year 2021-22. During this period, the company’s income also increased by 19.5 percent to Rs 24,686 crore. The Board of Directors of the company has declared an interim dividend of Rs.10 per equity share.
Meanwhile, the country’s second largest IT company Infosys will announce its quarterly results on Thursday. Tata Power will develop a seven MW solar project at Tata Motors’ facility in Pantnagar, Uttarakhand. Sterling & Wilson Renewable Energy has bagged an order of Rs 2212 crore from NTPC Renewable Energy. The board of Suven Life Sciences has approved a proposal to raise Rs 399.80 crore through rights issue.
Share Market News: Big buying seen in these stocks, there is a jump in prices, you can also play bets
These stocks may fluctuate
According to Momentum Indicator MACD, the shares of Power Grid, Larsen & Toubro Finance (L&T Finance), Indiabulls Real Estate, City Union Bank and DLF may rise. . On the other hand, the shares of Himadri Specialty, Jai Corp, Texmaco Rail, Cipla and Arvind Fashions are expected to fall.
The results of these companies will come on Thursday
Infosys, Mindtree, Angel One, Anand Rathi Wealth, Aditya Birla Money, Cyient and Den Networks on Thursday Will announce quarterly results. On Wednesday, several companies including HCL and Wipro declared their quarterly results.
Top trending share: This stock reached a 15-year high amid a huge fall in the stock market, the company gives armor to the Railways
stock market condition
The trend of decline in the local stock market for the last three trading sessions came to an end on Wednesday and the BSE Sensex closed up 478.59 points. Buying in shares of banking, energy and information technology companies led the market to rise amid a positive trend in European markets. The 30-share Sensex closed at 57,625.91, up 478.59 points, or 0.84 per cent. During trading, at one point it had climbed up to 540.32 points. The Nifty of the National Stock Exchange also closed at 17,123.60, crossing the 17,100-mark with an increase of 140.05 points, or 0.82 percent.