Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Indian share markets firm up
Thu, 17 Apr 01:30 pm

Indian share markets continued to soar higher in the post-noon trading session. All the sectoral indices are trading in the green with realty, auto, and oil & gas stocks being the biggest gainers.

BSE-Sensex is up 246 points and NSE-Nifty is trading 50 points up. Both BSE Mid Cap and BSE Small Cap indices are trading up by 1.2% each. The rupee is trading at 60.4 to the US dollar.

Most of the FMCG stocks are trading in the green with Kokyo Camlin and Colgate being the major gainers whereas Marico and Godrej Consumer Products Ltd (GCPL) are among the few stocks trading in the red. As per a leading financial daily, the FMCG industry faced a severe slowdown in 2013 on account of a sharp pullback in the demand for the top five consumer good segments. According to data agency Nielsen, the top five FMCG segments namely biscuits, soap, washing powder, refined oil and salty snacks registered growth of 4%-10% in 2013 as compared to 15%-23% growth in 2012. This dragged down the overall growth of the FMCG industry to 9.4% in 2013, almost half of the 18% growth recorded in 2012. Snacks, packaged atta and rice, chocolates and non-refined oil were among the few segments that have grown by over 20% in 2013 mainly on account of efforts by companies to increase penetration.

All software stocks are trading firm with HCL Infosys and Wipro leading the pack of gainers. As per a leading business daily, India's second largest software major Infosys plans to reorganize and consolidate its data analytics operation as a separate vertical. Currently the company has presence in analytics as a sub operation across its various verticals. It plans to get them together as a separate vertical in order to expedite the process and scale thereby enabling growth. The creation of the data analytics vertical would entail recruitment of personnel in data sciences and statistics. Such move by Infosys is aimed at gaining back its leadership position in the software industry. The consolidation of analytics vertical is on similar line as earlier announced by another IT company, Wipro.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Equitymaster requests your view! Post a comment on "Indian share markets firm up". Click here!


Related Views on News

INFOSYS LTD 2017-18 Annual Report Analysis (Annual Result Update)

Aug 8, 2018 | Updated on Aug 8, 2018

Here's an analysis of the annual report of INFOSYS LTD for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of INFOSYS LTD. Also includes updates on the valuation of INFOSYS LTD.

INFOSYS LTD Announces Quarterly Results (1QFY19); Net Profit Up 1.6% (Quarterly Result Update)

Jul 25, 2018 | Updated on Jul 25, 2018

For the quarter ended June 2018, INFOSYS LTD has posted a net profit of Rs 36 bn (up 1.6% YoY). Sales on the other hand came in at Rs 191 bn (up 12.0% YoY). Read on for a complete analysis of INFOSYS LTD's quarterly results.

INFOSYS LTD Announces Quarterly Results (4QFY18); Net Profit Up 2.4% (Quarterly Result Update)

Jul 19, 2018 | Updated on Jul 19, 2018

For the quarter ended March 2018, INFOSYS LTD has posted a net profit of Rs 37 bn (up 2.4% YoY). Sales on the other hand came in at Rs 181 bn (up 5.6% YoY). Read on for a complete analysis of INFOSYS LTD's quarterly results.

Newgen Software Technologies Ltd. (IPO)

Jan 15, 2018

Should you subscribe to the IPO of Newgen Software Ltd?

TCS: Performance Along Expected Lines (Quarterly Results Update - Detailed)

Jan 12, 2018

TCS delivers a good performance in a challenging environment.

More Views on News

Most Popular

My First Pharma Stock Recommendation!(The 5 Minute Wrapup)

Sep 21, 2018

This company has not only created a niche in the pharma space, it has done so profitably.

Want Bigger Returns Than You Thought Possible? This is Where You Should Look(Profit Hunter)

Sep 12, 2018

Richa has discovered the single most profitable opportunity in the market - read on to discover more...

Are You Blindly Investing In Equities? Read This...(Outside View)

Sep 11, 2018

PersonalFN explains how blindly investing in equities can prove hazardous to your wealth and health.

Investors Are Redeeming From Equity Mutual Funds Now. Should You?(Outside View)

Sep 12, 2018

PersonalFN elucidates if you should redeem from equity mutual fund now, and the approach to follow before you decide to sell mutual funds.

Outperformance of Strong Established Brands in the Indian Stock market(Chart Of The Day)

Sep 14, 2018

Strong Well established Indian Brands have comfortably outperformed the index in the decade post the global financial crisis.


Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Sep 21, 2018 (Close)