Posted 1/18/2024, 5:55:46 AM
Markets Close Lower on Broad-Based Selling; Som Distilleries Profit Surges 71%
- Sensex down 240 pts, Nifty above 21,450; FMCG, IT, metal, power, realty sectors down
- Long build up in OFSS, PEL, Indus Tower, BHEL; short build up in ICICIPruLife, Glenmark, Syngene
- Som Distilleries Q3 profit surges 71% YoY to Rs 18 cr on strong topline, operating performance
- Nomura cuts LTIMindtree target to Rs 4,600 on Q3 miss, subdued Q4 guidance, margin concerns
- Shakti Pumps board approves raising up to Rs 200 cr via QIP