Stock Market Today: The domestic indices NSE Nifty 50 and BSE Sensex had a solid start to the week as indicated by the GIFT Nifty, which was up by 52 points while writing and reached at 24,458. The Sensex and Nifty 50 indexes of the Indian stock market are anticipated to open cautiously today, reflecting losses in international markets. Following the announcement of inflation statistics, the US stock market finished the night lower than it began, while Asian markets saw lower trading.
Stock Market Today: Stocks in focus
TCS
With its main office located in Mumbai, Tata Consultancy Services Limited (TCS) is a multinational Indian provider of IT services and consulting. With a total net profit of Rs 12,105 crore, the IT industry leader posted an 8% year-over-year gain. In June, revenue reached Rs 62,613 crore, up 5% from the previous year.
Reliance
Reliance Industries Limited is a Mumbai-based Indian multinational conglomerate. Its activities include petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Ethane Crystal LLC, a unit of India’s largest corporation Reliance Industries, intends to borrow at least $500 million to restructure debt.
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