Infosys Share Price: Infosys, India’s second largest software exporter, will announce its earnings for the September 2024 quarter today. Analysts expect healthy numbers with a 5% rise in net sales year-on-year and an 11% increase in profit after tax. Investor focus will be on discretionary spending, deal pipelines, and senior management attrition.
Positive Breakout: These 3 stocks close cross above their 200 DMAs (17-10-2024)
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock
Stocks that will see action today: October 17, 2024 (17-10-2024)
Buzzing stocks: Infosys, Wipro, Axis Bank, Nestle India, LTIMindtree, Tata Chemicals, Tata Communications, Ceat, Havells India, Jindal Stainless, Central Bank of India, Indian Overseas Bank, Dhanlaxmi Bank, Polycab India, Reliance Industries, RVNL, Welspun Corp, Oberoi Realty, Cochin Shipyard, Titagarh Rail, Bikini Foods
Q2 results today: Infosys, Wipro, Nestle, Axis Bank among 38 companies to announce earnings on Thursday (17-10-2024)
Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India. Infosys is poised for healthy growth driven by mega-deals, whereas Wipro may see a revenue decline. Axis Bank is expected to boost net profit by 8% with rising NII, and Nestle India projects a 5-7% revenue uptick.
Gold up Rs 10 at Rs 77,900; silver rises Rs 100, trading at 97,100/kg (17-10-2024)
The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 71,410
Big movers on D-Street: What should investors do with Bajaj Auto, L&T Tech and BSE? (17-10-2024)
Benchmark Sensex fell by 318 points and Nifty slipped below 25,000 on Wednesday due to foreign fund outflows and weak global trends. Stocks in focus were Bajaj Auto, LTTS, and BSE. Bajaj Auto saw a slight rise, LTTS faced bearish pressure, while BSE shares declined significantly. Analysts suggest various actions for investors.