HCL Technologies Q3 Net profit marginally up at Rs 2,075 cr.

India’s fourth largest software major,  HCL Technologies Limited, has posted a Marginal increase of 0.59% in its consolidated net profit at Rs 2075 cr for the Q3 (quarter ended Dec 2017) with regard to the net profit of Rs 2,063 crore for the corresponding  quarter a year-ago.

Total Income for the quarter under review jumped by 8.40% to Rs 13,079 cr, during the quarter from Rs 12065 cr, in the year-ago period, HCL said in a filing with BSE.

The company has declared an interim dividend of Rs 2.00 per share for the FY 2017-18. The record date of Jan 30, 2018 fixed for the payment of the interim dividend and the payment date of interim dividend will be Feb 5.

Shares of HCL Technologies Limited were trading marginally up by 0.07 percent at Rs. 954.90 on NSE post lunch hours, while in BSE too the same was trading up at Rs. 956.75 up by 0.20 percent.

The Sensex and the Nifty Highest Closing levels Week @ Market Live Updates

Key benchmark indices settled with small gains in a lacklustre trading session. The barometer index, the S&P BSE Sensex, rose 35.47 points or 0.12% to settle at 28,634.50. The gains for the Nifty 50 index were higher than those for the Sensex in percentage terms. The Nifty rose 28.55 points or 0.33% to settle at 8,808.40. Key indices gained for fourth day in a row. The Sensex and the Nifty, both, attained their highest closing levels in more than a week.

In overseas stock markets, European shares edged higher led by gains in banking and energy shares. Asian stocks rose with sentiment driven by a rebound in oil prices while traders were also keeping an eye on crucial monetary policy decisions due from the US and Japan later this week. Japan stock market remained closed for a holiday. US stocks registered modest losses on Friday, 16 September 2016, with financials and energy shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting tomorrow, 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target rang In overseas stock markets, European shares edged higher led by gains in banking and energy shares. Asian stocks rose with sentiment driven by a rebound in oil prices while traders were also keeping an eye on crucial monetary policy decisions due from the US and Japan later this week. Japan stock market remained closed for a holiday. US stocks registered modest losses on Friday, 16 September 2016, with financials and energy shares lagging. The US Federal Reserve policy makers begin their two-day policy meeting tomorrow, 20 September 2016. The Fed is expected to keep its benchmark interest rate unchanged in the wake of recent downbeat US economic indicators. The Fed left the target range for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.e for its federal funds rate unchanged at 0.25% to 0.5% for the fifth time during its July 2016 meeting.

 Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to IBREALEST Decrease in price was seen in CASTROLIND.

Sensex-Nifty fell 0.25%, Bank Nifty lost 0.6% @ Investment idea

Yeln Janet's speech was the first Indian stock market sell-off mood. Nifty slipped below the 8580 close, the Sensex has slipped more than 50 points. The Fed Chairman's statement before the global market is visible in the mood to wait and watch. The world's eyes are fixed on Jackson Hole. Today's statement by Fed chairperson of this idea that the Fed will raise rates in September or in December.

The Sensex had lost 140 points today, the Nifty was missing about 50 points lower. Sensex had tanked by 27697 other hand Nifty was broken 8547.5. Up until today in the index was knocked 27935.88, and the Nifty was up by 8623. The Sensex finally closed around 27780, while the Nifty closed at 8570.

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