Sensex Today Live: Delta Corp drops 3% as consolidated web revenue for the quarter ended December plunged 59.34%
The gaming companies firm reported a consolidated web revenue of ₹34.48 crore for the quarter ended December, down 59.34%. The income from operations fell 15.58 to ₹234.41 crore. The firm recorded an EBITDA of ₹55.5 crore, down 45%.
Sensex Today Live: Among sectors, Nifty Bank and Financial companies lagged, whereas auto, realty and steel topped charts
Sensex Today Live: Sensex was at 71,405, up 19 factors; HCL Tech, Wipro and Titan are the highest gainers; Axis Bank, NTPC have been the primary laggards
Sensex Today Live: Sensex and Nifty open flat monitoring international markets; IT, banks in focus
Sensex Today Live: The Indian rupee opened flat at 83.12 per US greenback towards Tuesday’s shut of 83.11
Sensex Today Live: Indices larger in pre-opening session; Vedanta, Delta Corp in focus; Sensex up 100 factors
Sensex Today Live: Centre to take foot off capex pedal after FY25 funds
After an anticipated spurt within the subsequent fiscal 12 months, authorities capital expenditure (capex) might develop at a extra sedate tempo within the years forward because the Centre units its sights on fiscal consolidation, two individuals conscious of the plans mentioned.
The Union authorities might increase capex allocation by 25% to a report ₹12.5 trillion in 2024-25, Mint reported in November. However, the Centre can be eager to deliver the fiscal deficit beneath the focused 4.5% by 2025-26.(learn extra)
Sensex Today Live: Oil costs lengthen good points after US crude shares draw
On Wednesday, oil costs skilled a slight improve, persevering with the upward pattern from the day prior to this. This rise was influenced by trade information revealing a greater-than-expected decline in U.S. crude shares final week. However, good points have been restricted because of a larger-than-forecast improve in product inventories.
Brent crude futures noticed a 29-cent rise, or 0.4%, reaching $77.88 a barrel. West Texas Intermediate crude futures additionally gained 29 cents, or 0.4%, to settle at $72.53 a barrel.
Sensex Today Live: Stocks to Watch: M&M, Lupin, Delta Corp, PFC are amongst shares which are more likely to be in information in the present day
M&M, Lupin, Delta Corp, PFC, Steel Strips Wheels, KIOCL are amongst shares which are more likely to be in information in the present day.
Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers, Delta Corp, Escorts, GNFC, Hindustan Copper, Indian Energy Exchange, India Cements, Nalco, Piramal Enterprises, and SAIL are the shares which are beneath F&O ban in the present day.
Sensex Today Live Updates: Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher
Nifty 50 has been hovering between a good vary for a while with bias maintained constructive and, as mentioned earlier, must breach the 21,700–21,750 zone decisively to point a recent breakout for additional upward transfer. At the identical time, the 21,450 ranges, the place 20 DMA lies, are appearing as a powerful help zone as of now. With a break beneath 20 DMA, the following help is on the 21,250 stage.
Bank Nifty additionally has the general sentiment and bias intact and must breach the 48000–48200 zone decisively for a recent additional upside transfer, with at present 46300 ranges maintained as an excellent help zone. However, the help for the day is seen at 70,900/21,400, whereas the resistance is seen at 71,800/21,700. Bank Nifty would have a day by day vary of 46,800–47,800 ranges.
Parekh recommends purchase on DCX Systems Ltd at ₹351.05 with a cease lack of ₹340 and a goal worth of ₹375. Laurus Labs at ₹424.85 with a cease lack of ₹410 and a goal worth of ₹460. TD Power Systems Ltd at ₹282.55 with a cease lack of ₹275 and a goal worth of ₹300.
Sensex Today Live Updates: Moody’s downgrades score on senior unsecured bonds issued by Vedanta Resources
Ratings company Moody’s Investors Service has downgraded Vedanta Resources’ score on the senior unsecured bonds issued by Vedanta Resources to Ca from Caa3. The credit standing company additionally downgraded the Corporate Family Rating of Vedanta Resources to Caa3 from Caa2.
Sensex Today | Share Market Live Updates: Gold costs regular forward of a key US inflation information
Gold costs held regular on Wednesday, as traders refused to make huge bets forward of a key U.S. inflation print that would supply extra readability on when the Federal Reserve would possibly begin slicing rates of interest. Spot gold rose 0.1% to $2,031.30 per ounce, whereas U.S. gold futures rose 0.2% to $2,036.90 per ounce.
Sensex Today | Share Market Live Updates: Asian inventory blended as Wall Street struggles in a single day
Stocks in Asia opened blended after US benchmarks struggled. Benchmark indexes rose in Japan, with the Nikkei 225 Stock Average extending good points after hitting its highest in additional than three a long time. Investor optimism is returning to the nation after its lengthy battle with deflation. Stocks in Australia and South Korea edged decrease whereas futures in Hong Kong pointed to declines. Wall Street drifted by a quiet day of blended buying and selling Tuesday, the place most shares fell however a handful of influential firms stored the losses in verify.