Stock Market Updates: Sensex Flat, Nifty Above 17,800; Bajaj Finance Up 2%, Voltas Dips 2%

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Stock Market Updates: Sensex Flat, Nifty Above 17,800; Bajaj Finance Up 2%, Voltas Dips 2%


Last Updated: April 27, 2023, 09:34 IST

Sensex Today: The expiry of F&O contracts for the month of April, This autumn outcomes, and world cues would be the key triggers for the markets on Thursday.  The S&P BSE Sensex was at 60,343 in early offers, buying and selling 43 factors increased, whereas the Nifty50 held above 17,800-mark.

In the broader markets, the BSE MidCap index was flat, and SmallCap index added 0.24 per cent.

Among the largest movers of the session, shares of Bajaj Finance gained 2.45 per cent. The firm’s consolidated web revenue rose 30 per cent YoY to Rs 3,158 crore in Q4FY23, on the again of upper web curiosity revenue (NII). The board advisable dividend payout of Rs 30 per share.

That aside, shares of Indus Towers superior 3.5 per cent at the same time as Indus Towers’ fiscal fourth-quarter web revenue fell 23 per cent on yr because the telecom infrastructure supplier continued to supply in the direction of uncertain dues from its largest buyer, Vodafone Idea.

LTTS, too, rallied 4 per cent after the corporate’s income from operations rose to Rs 2,096.2 crore in Q4FY23, as towards Rs 1,756.1 crore, within the year-ago interval. Net revenue, too, rose 15 per cent 18.1 per cent to Rs 310.9 crore in Q4FY23 from Rs 263.2 crore in Q4FY22.

Sectorally, the Nifty PSU Bank, Private Bank, and Realty indices added 0.3 per cent every. On the draw back, the Nifty Media index dipped 0.2 per cent.

Global cues

Asia-Pacific market have been decrease on Thursday as buyers focussed on the Bank of Japan’s first coverage assembly led by new BOJ governor Kazuo Ueda. Besides, the March quarter GDP information for the US, which is due later tonight, can also be conserving buyers on the sting.

In Japan, the Nikkei 225 fell 0.41 per cent in early commerce, whereas Australia’s S&P/ASX 200 was down 0.14 per cent. South Korea’s Kospi shed 0.1 per cent on its open.

Overnight within the US, shares ended combined as banking fears eclipsed Big Tech earnings on Wall Street. The Dow Jones Industrial Average misplaced 0.68 per cent, paring earlier beneficial properties. The S&P 500 slid 0.38 per cent, and the technology-heavy Nasdaq Composite added 0.47 per cent trimming beneficial properties after leaping as a lot as 1.43% within the buying and selling day.

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