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Brokerages Cut Infosys(-8.13%) Market Cap Down at Rs 5,49,257 Crore; L&T(+3.88%) Wins NHSRCL Order Hits All-Time High

blog.investwithtribe.com

Brokerages Cut Infosys(-8.13%) Market Cap Down at Rs 5,49,257 Crore; L&T(+3.88%) Wins NHSRCL Order Hits All-Time High

Britain-India Free Trade Talks Gather Momentum: Services and Tariffs Remain Key

Tribe Wealth
Jul 21, 2023
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Brokerages Cut Infosys(-8.13%) Market Cap Down at Rs 5,49,257 Crore; L&T(+3.88%) Wins NHSRCL Order Hits All-Time High

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Market Summary

Closing Bell: Nifty below 19800, BANKNIFTY slips below 46100, Sensex tanks 880 pts, IT, FMCG, and Consumer Durables slips.


Companies


Sector


Market News

Indiamart Intermesh(+8.64%) Reports 26% Increase in Q1 Revenue, Profit Up by 78% YoY. 🚀

Dalmia Bharat(-4.94%) Q1 Net Profit Plunges 30% YoY to Rs 144 Crore. 🧾📉

Union Bank of India(+3.84%) Reports Stellar Q1 Performance, 107% YoY Rise in Q1 Net Profit, Shares Rally 3%. 💸🚀

HDFC Life(-2.08%) Shares Reports Q1 Net Profit Rises 15% to Rs 415 Crore Net Premium Income Up 16.5%. 📉

JSW Steel(-1.58%) Q1 Net Profit Soars 189% to Rs 2,248 Crore, Revenue Up by 11% at 41,771 Crore. ✔️💸

L&T(+3.88%) Wins NHSRCL Order Hits All-Time High, Shares Defy Market Sentiment Up 3%. 🚀 💵

Hindustan Zinc's(-1.55%) Q1 Net Profit Declines 36.48% to Rs 1,964 Crore to Rs 1,964 Crore on Lower Income. 📉📄

UltraTech Cement(-1.28%) Reports 17% Growth in Revenue, Net Profit Rises 6.8% YoY to Rs 1690 Crore. 📈

IndusInd Bank(-1.25%) Shares Become Volatility on Board's Approval of Rs 20,000 Crore Fundraising Plan. 📄

Utkarsh Small Finance Bank Opened With a Massive 60% Premium Over Issue Price, Opens at Rs 40. 💸

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Brokerages Cut Infosys(-8.13%) Market Cap Down at Rs 5,49,257 Crore; L&T(+3.88%) Wins NHSRCL Order Hits All-Time High

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