TCS Q2 profit rises 8.4% YoY to Rs 6,446 crore; What kept Jhunjhunwala, Kacholia busy in Q2

ET Markets Daily Brief | Thu, Oct 12, 2017 | 07:20 PM IST Follow ET Markets

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Tech View: Nifty50 makes strong Bullish candle; rally may continue Keep a close eye on the Bank Nifty index movement, which is still trading below its 50-DMA. After Hours: Tata Tele fires up on merger buzz; metals dazzle After collapsing over 250 points a day before, banking stocks made sharp advances on Thursday. TCS Q2 profit rises 8.4% YoY to Rs 6,446 crore, revenue up 4.3% The firm said its revenue rose 3.2% QoQ and 4.3% YoY to Rs 30,541 crore for the quarter.

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Market Watch 12 Oct | 07:20PM| SENSEX NIFTY USD/INR GOLD 32182.22 ↑348.23 10096.40 ↑111.60 65.09 ↓-0.05 29812.00 ↑105.00

Gainers Losers 12 Oct, 2017, 07:20PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Stratmont Industries Ltd. 11.88 176.28 49 12.50 11.88 Man Industries (India) Ltd. 109.50 20.00 1500024 109.50 91.80 Sterling Biotech Ltd. 4.20 20.00 278593 4.20 3.41

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FROM THE NEWSPAPER

Boom phase is on, but this is how you should prepare for any U-turn S Naren thinks India is in a boom phase and one should invest in both debt and equities. Look what kept Jhunjhunwala, Kacholia, Dolly Khanna, Goel busy in Q2 In a quarter, the big investors usually tinker with only a couple of stocks from their portfolio. IndusInd Bank posts 25% YoY surge in Q2 profit at Rs 880 crore The net profit was in line with Rs 890 crore estimated by analysts in an ET Now poll. GIC Re IPO subscribed over 90% on Day 2; should you invest? The offer would constitute 14.22 per cent of the post-offer paid-up equity share capital. Festive spending should help these stocks make good money Paint companies should see big gains this festive season according to market experts.

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