Share Market News Today | Sensex, Nifty, Share Prices Highlights: Broader markets mirrored the upmove on Thursday while volatility slipped marginally.
India VIX closed marginally lower on Thursday.
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity benchmark indices closed win the green on Thursday, after recouping all intra-day losses. S&P BSE Sensex ended at 49,584 and Nifty 50 index closed just shy of 14,600. IndusInd Bank, TCS, and L&T were the top gainers on Sensex at closing. Axis Bank and HCL Technologies were the top drags.
Information Technology firm Infosys and Wipro on Wednesday reported their quarterly results. Both the IT firm announced strong revenue growth and a jump in profits, beating street estimates. Infosys said its revenue grew 5.5% sequentially to Rs 25,927 crore and net profits increased to Rs 5,197 crore, up 7.3% quarter-on-quarter. On the other hand, Wipro revenues during the October-December period stood at Rs 15,670 crore while net profit was at Rs 2,970 crore. Both the firms are even more optimistic about the future with strong deal pipelines.