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Sensex and Nifty fell, influenced by banking and financial stocks amid weak global market trends. Tata Power saw a breakdown below 430, suggesting further decline. Dabur India hit a major support zone at 530, indicating a potential rise. L&T's breakdown below 3430 points to a bearish trend.
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News and Media
Samsung Electronics reported a 277% increase in operating profits to $6.6 billion, but still fell short of expectations due to challenges in leveraging AI chip demand and the strong Korean won. The semiconductor division saw a sharp 40% decline in profit.
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News and Media
The key business vertical of hi-tech and emerging industries, where the revenue growth has been sluggish over the past few quarters, is likely to show a turnaround given the new deal wins. The company's management also expects to improve the operating margin in the second half of the fiscal year with rising utilisation levels.
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News and Media
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