Stock Market Today: At a premium of around 70 points over the Nifty futures’ last close, the Gift Nifty is trading at the 25,100 mark. The Gift Nifty indicators suggest that the Indian benchmark index is off to a good start. However, Senex and Nifty 50 of Indian stock market indices are probably going to start the day higher, following positive signals from international markets. The Bank Nifty index increased 54.10 points to 51,553.40 at the end of yesterday’s tumultuous session.
Stock Market Today: Stocks in focus
Tata Steel
With its headquarters located in Mumbai, Maharashtra, and its base in Jamshedpur, Jharkhand, Tata Steel Limited is an international steel manufacturer. It’s included in the Tata Group. Tata Steel recorded a 51% increase in its consolidated net profit on Wednesday, coming in at Rs 960 crore as opposed to the Rs 994 crore that the Street had predicted.
Infosys
An international information technology organisation based in India, Infosys Limited offers outsourcing, information technology, and business consulting services. The Directorate General of GST Intelligence is looking into Infosys for allegedly evading around Rs 32000 crore, according to ET. The business did clarify, though, that GST is not chargeable on the charges that are being examined under the legislation.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER
