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Share Market LIVE: SGX Nifty hints at gap-up start for Sensex, Nifty; TCS, Infosys beat street estimates in Q3

Share Market LIVE: SGX Nifty hinted at a positive start for Indian benchmarks Indices Sensex and Nifty. The Nifty futures were trading around 18,342.50 level on the Singaporean Exchange.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets extended gains to settle on a positive note for the fourth consecutive session on Wednesday, led by Auto, Realty, Metal and power stocks. Bulls are looking to retain control on Dalal Street on Thursday as early trends on SGX Nifty hinted at a positive start for Indian benchmarks Indices Sensex and Nifty. The Nifty futures were trading around 18,342.50 level on the Singaporean Exchange. Global cues were mixed. While US markets ended with marginal gains yesterday, Asian markets were trading mixed today with Japan’s Nikkei 225 down 0.8% and Topix 0.49%. South Korea’s Kospi was also down 0.15%. While the Shanghai composite was flat, Hong Kong’s Hang Seng index rose 0.26%.

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.

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Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Live Updates January 13 Thursday

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