Stock market LIVE updates: Benchmark indices were trading higher in Monday’s session, tracking firm cues from global peers, even as India continued to report over 3 lakh Covid-19 cases.
The BSE barometer Sensex was ruling 450 points up at 48,300 levels while NSE Nifty jumped 130 points and was hovering below14,500 mark. ICICI Bank, Axis Bank, ONGC, UltraTech and SBI were among the top Sensex gainers while HCL Technologies, Power Grid and DRL were among top drags.
On the sectoral front, barring Nifty Pharma, all indices traded in the green. Nifty Bank with a gain of 2.5 per cent was the best performing index.
Tech M, SBI Card, and HDFC Life are among the 15 companies that are scheduled to announce their quarterly numbers today.
Tech Mahindra is likely to post modest revenue growth in the fourth quarter of the financial year 2020-21 (Q4FY21), believe analysts, led by seasonal strength in Comviva, an entity acquired by the firm in 2012, and improving traction in the manufacturing, BFSI (banking, financial services & insurance) and technology segments. READ PREVIEW HERE