M&M (+4%), Titan (-2%) & more
Market Summary
Nifty snapped a three-day losing streak due to an upbeat global market mood.
Companies
M&M (+4%) rose after the company launched a new range of Thar starting at Rs 9.99 lakh. Titan (-2%) declined after Q3 results failed to meet street expectations.
Sectors
Nifty IT (+3%) rose due to strong performance of TCS, HCL Tech, Tech Mahindra and Wipro. Nifty Metal (+1%) rose due to strong performance of NALCO, SAIL, JSW Steel, Vedanta and Jindal Steel. Nifty Oil & Gas (+1%) rose due to strong performance of Reliance, Adani Total Gas, Oil India, IGL and GAIL.
Market News
1.Ajmera Realty (+3%) rose after the company reported a rise of 19%( Rs 128 cr) in sales value Q3 FY23. (ET Realty)
2. JSW Steel (+2%) rose after the company reported a 17% (6.24 MT) growth in combined output in Q3. (Economic Times)
3.Delhivery Ltd (+2%) rose after Good Glamm Group extended its partnership with the company to improve supply chain solutions. (Money Control)
4.L&T (+1%) rose after the company bagged orders in the range of Rs 1,000 to 2,500 cr in Q3. (Business Line)
5.Rallis India (+1%) rose after the company signed an MoU with Garuda Aerospace to run a pilot demonstration and spraying of pesticides. (Agriculture Post)
Market Sentiment
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