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MARKET LIVE: Sensex gains 400 pts, reclaims 40k; TCS, HCL Tech up 4%
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MARKET LIVE | Markets | TCS
SI Reporter |
Last Updated at October 8, 2020 10:18 IST
EVENT HIGHLIGHTS
The Indian markets were trading firm on Thursday, up 1 per cent, with major contribution from IT stocks.
The S&P BSE Sensex was up 400 points to 40,300 levels and the Nifty50 index was testing the 11,850-mark. TCS gained 4 per cent after exceeding analysts' expectations on all fronts in its September quarter earnings. Wipro was also up 4 per cent after announcing that it will consider share buyback programme. Besides, Infosys and Tech Mahindra also gained 3 per cent and 2 per cent each, respectively.
All the Nifty sectoral indices were trading in the green, led by Nifty IT index, up 3 per cent.
In the broader market, the S&P BSE MidCap and SmallCap index were both trading half a per cent higher.
The S&P BSE Sensex was up 400 points to 40,300 levels and the Nifty50 index was testing the 11,850-mark. TCS gained 4 per cent after exceeding analysts' expectations on all fronts in its September quarter earnings. Wipro was also up 4 per cent after announcing that it will consider share buyback programme. Besides, Infosys and Tech Mahindra also gained 3 per cent and 2 per cent each, respectively.
All the Nifty sectoral indices were trading in the green, led by Nifty IT index, up 3 per cent.
In the broader market, the S&P BSE MidCap and SmallCap index were both trading half a per cent higher.
Results today
On the results front, a total of seven companies including 5paisa Capital, GM Breweries, and Prabhat Dairy are scheduled to announce their September quarter earnings today.
On the results front, a total of seven companies including 5paisa Capital, GM Breweries, and Prabhat Dairy are scheduled to announce their September quarter earnings today.
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