Markets are moving between gains and losses until Mid-session. IT stock hit hard with Infosys falling 14.45% at 656.70 per share, and the Nifty IT index slipped 4.43% at 14,727.30 at 1.35 pm. Avail stock future tips from our Experts.
Although benchmark indices are trading on a flat note, all sectoral indices, except Nifty IT, are currently trading in the green.
Meanwhile, Shares of Zensar Technologies hit a one-week low level in the share price of Rs.176.95 at intraday on Tuesday, falling 16-pc on NSE. The stock declined after the IT company posted over 16-percent slip in net profit at Rs.79.9-Cr for the quarter ended Sept-30, 2019. The stock was quoting at Rs.198.75, down Rs.12.60 or 7% from its previous closing.
Infosys stock slipped over 14% on a whistle-blower complaint. The Infosys stock which opened at Rs691.10-per share, hit an intraday high and low at Rs691.10 and Rs645 respectively; and is currently trading at 656.50, down 14.5 percent.
Shares of Alembic Pharma slipped 1.17% on the NSE at Rs.537.65 after it’s Joint Venture Aleor Dermaceuticals has received USFDA approval for Clobetasol Propionate Topical Solution-USP.
Shares of HDFC Bank gained 1.04% after reporting strong financial results for Q2FY19-20.
Shares of UltraTech Cement after having gained 2% intraday, currently slipped 0.25% or Rs10.70 to quote share price at 4284.50.
Shares of Kotak Mahindra Bank slipped Rs.4.90 from its previous closing price of 1,615.25, with price quoting currently at Rs.1,610.35 on the NSE, ahead of its results today. Visit our website for free Equity tips
Shares of Asian Paints slipped Rs.13.05 currently from its previous closing price of 1,816.75, with price quoting currently at Rs.1,803.70 on the NSE, ahead of its results today.
Shares of Bajaj Finance gained Rs.69.35 from its previous closing price of 4,137.65, with price quoting currently at Rs.4,207.00 on the NSE, ahead of its results today.