March 28, 2024

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MARKET LIVE: Sensex, Nifty in the red; HCL Tech up 3%, HUL slips 3%

The Indian markets began Thursday’s session on a weak take note, in line with their Asian friends.

The S&P BSE Sensex was trading all-around 31,570 stages, down eighty points and the Nifty50 hovered all-around nine,240 level. Among the personal stocks, Sure Lender surged ten per cent just after reporting net financial gain of Rs 2,629 in the March quarter.

Hindustan Unilever slipped three per cent in early specials just after the firm’s four.23 per cent equity changed hands in block offer. As per report, UK-dependent GSK was to offload shares really worth Rs 26,000 crore in the FMGC major. Read through Much more

A complete of 9 businesses which includes HCL Tech and RBL Lender are scheduled to announce their March quarter earnings today. According to analysts, HCL Systems could see a drop in EBIT margins on a sequential basis on account of some income strike thanks to disruptions induced by the Covid-19 outbreak.