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Time of India
17 minutes ago
- Time of India
Sensex settles 539 pts, Nifty tops 25,200 after U.S.-Japan deal lifts sentiment
Indian stock markets witnessed a positive close on Wednesday. Sensex and Nifty both surged, reflecting gains in Asian markets. This surge follows a trade agreement between the United States and Japan. Investors are optimistic about potential progress in India-US trade discussions. Market capitalization on the Bombay Stock Exchange also saw a significant increase. This positive trend indicates growing investor confidence. Tired of too many ads? Remove Ads Indian benchmark indices Sensex and Nifty closed higher on Wednesday, mirroring broad-based gains across Asian markets after a high-stakes trade pact between the United States and Japan stoked hopes of progress in India-US trade Sensex advanced 539.83 points, or 0.66%, to settle at 82,726.64, while the Nifty gained 159 points, or 0.63%, to close at 25, market capitalization of all listed companies on the BSE increased by Rs 82,186 crore to Rs 460.37 lakh TO COME...


Deccan Herald
17 minutes ago
- Deccan Herald
Sensex jumps nearly 540 pts on Asian stocks rally
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Economic Times
an hour ago
- Economic Times
Infosys Q1 Results: Profit rises 9% YoY to Rs 6,921 crore, revenue up 8%
India's second largest IT services exporter Infosys reported 9% year-on-year (YoY) growth in its consolidated net profit at Rs 6,921 crore for the first quarter ended June. Revenue from operations rose 8% YoY to Rs 42,279 crore. ADVERTISEMENT The Bengaluru-based company has upped its lower end of revenue growth guidance, which is pegged at 1-3% in constant currency for FY26. "Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees," said Salil Parekh, CEO and MD, Infosys. Revenues in constant currency (CC) terms grew by 3.8% YoY and by 2.6% QoQ in the first quarter. The company had won deals worth $3.8 billion in the said period. "Our large deal wins reflect our distinct competitive positioning and deep client relationships," Parekh said. More to come... (You can now subscribe to our ETMarkets WhatsApp channel)