Share Market LIVE: Indian benchmark indices opened flat on Thursday amid mixed global cues. While Sensex was up 80 points at 61,234, Nifty 50 was trading 0.1% higher at 18,230.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity benchmarks opened flat on Thursday (January 13) amid mixed global cues. The Sensex was up 80 points at 61,234, Nifty 50 was trading 0.1% higher at 18,230. Power Grid, Infosys, TCS, Tata Steel and Sun Pharma were among major gainers on the Nifty, while Wipro, M&M, Tech Mahindra, HCL Technologies and Kotak Mahindra Bank were the laggards. Among sectors, bank and realty names witnessed selling, while pharma, capital goods, metal, power and oil & gas indices are trading in the green.
Shares of IT heavyweights Infosys and Tata Consultancy Services (TCS) will remain in focus after both companies reported Q3FY22 results on Wednesday. TCS reported higher profit at Rs 9,769 crore in Q3FY22 against Rs 9,624 crore in Q2FY22, revenue jumped to Rs 48,885 crore from Rs 46,867 crore QoQ. The company also approved buyback of 4 crore equity shares for up to Rs 18,000 crore, at a price of Rs 4,500 per share. Meanwhile, Infosys reported higher profit at Rs 5,809 crore in Q3FY22 against Rs 5,421 crore in Q2FY22, revenue rose to Rs 31,867 crore from Rs 29,602 crore QoQ.