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Mukesh Ambani’s Reliance to make big announcement on April 25, to unveil a new free…

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On April 25, Mukesh Ambani’s company is going to launch a new ad-free package. During the IPL 2024 matches, JioCinema has already begun to tease the new subscription plan.

Mukesh Ambani, whose enormous net worth of Rs 971002 crore makes him the richest person in India. In addition to being the chairman of Reliance Industries, the most valuable company in India with a market valuation of Rs 1995000 crore, he is the owner of Reliance Jio, the largest telecom operator in the country. By spending Rs 23,758 crore, Mukesh Ambani’s JioCinema was able to win the rights to watch IPL games online for five years. This amounts to an annual total of Rs 4,750 crore. IPL 2024 is now available for free viewing on JioCinema, and part of the platform’s content is accessible without a membership. Even though IPL 2024 streaming is free, there are frequently a ton of advertisements in front of the screen.

Mukesh Ambani’s company intends to launch a new ad-free package on April 25 as viewers grow accustomed to watching OTT videos without advertisements. During the IPL 2024 matches, JioCinema has already begun to tease the new subscription plan.

Although things change constantly, your plan doesn’t have to. A fresh scheme. upcoming on April 25. The official JioCinema account on X was teased. Through a variety of creatives, the business is also hinting at a new ad-free membership package. At the moment, JioCinema charges Rs 999 for an annual subscription plan, and consumers may alternatively purchase a Rs 99 monthly plan.

Infosys share price Today Live Updates: Infosys stock Price is increasing: trading strongly today.

A sizeable portion of the Rs 4,000 crore in IPL advertising revenue is used to fund the free IPL streaming. With cheaper ad rates offered by Amabni’s JioCinema, more advertisers will be present for a longer period. In addition to advertising, Mukesh Ambani receives payment for data usage. Jio, owned by Mukesh Ambani, is the biggest telecom provider in the nation. Ambani’s Jio makes more money when more people watch the IPL online. Ahead of the 2024 Indian Premier League, Reliance Jio even unveiled customized plans designed to make it simpler for customers to enjoy hassle-free viewing.

Infosys share price Today Live Updates: Infosys stock Price is increasing: trading strongly today.

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Infosys share price Today Live Updates: The price of Infosys’ stock increased by 0.61% today, April 22, 2024. The share price of the stock concluded at 1411.6. At the moment, the stock is trading at 1420.2 per share. In the upcoming days and weeks, investors should keep a careful eye on Infosys’ stock price to see how it responds to the news.

Infosys stock price Today: During the final trading day, Infosys started the day at ₹1387, closed at ₹1420.55, and hit a high of ₹1426.75. At ₹584304.8 crore, the market capitalization was recorded. ₹1731 was the 52-week high, while ₹1215.45 was the 52-week low. 864,596 shares of Infosys were traded on the BSE.

22 Apr 2024, 10:42:25 AM IST

Top active options for Infosys

Top active call options for Infosys on 22 Apr 10:42 were at strike price of ₹1500.0 (Expiry: 25 APR 2024) & ₹1420.0 (Expiry: 25 APR 2024) with prices ₹1.2 (-36.84%) & ₹13.85 (-13.44%) respectively.

Top active put options for Infosys on 22 Apr 10:42 were at strike price of ₹1400.0 (Expiry: 25 APR 2024) & ₹1380.0 (Expiry: 25 APR 2024) with prices ₹7.2 (-46.07%) & ₹3.55 (-55.06%) respectively.

22 Apr 2024, 10:31:41 AM IST

Infosys share price live: Stock Peers

NameLatest PriceChange% Change52W High52W LowMkt. Cap
Tata Consultancy Services3825.5-1.95-0.054254.453056.141384099.38
Infosys1417.15.50.391731.01215.45586672.41
HCL Technologies1460.212.30.851696.51016.45396249.38
LTI Mindtree4666.06.40.146442.654130.3138023.42
Tech Mahindra1209.315.551.31416.0982.95106407.74

Infosys Q4 Results Live Updates: Revenue is expected to drop while margin stays constant QoQ; FY25 forecast expected.

Why Infosys is falling-

In the face of ongoing weakness in discretionary spending brought on by pessimism about the macro recovery, Infosys released a disappointing projection for CC revenue growth in FY25, ranging from 1% to 3% YoY, below market estimates. EBIT margin (Q3 adjusted for one-time expenses) decreased 100 basis points every quarter to 20.1%.

22 Apr 2024, 10:23:39 AM IST

Infosys share price NSE Live: Infosys trading at ₹1420.2, up 0.61% from yesterday’s ₹1411.6

The current price of Infosys stock is ₹1420.2, with a percent change of 0.61 and a net change of 8.6. This indicates a slight increase in the stock price.

22 Apr 2024, 10:12:33 AM IST

Infosys share price live: Today’s Price range

Infosys stock’s low price for the day was ₹1413.15 and the high price was ₹1423.4.

22 Apr 2024, 10:00:02 AM IST

Infosys April futures opened at 1417.15 as against the previous close of 1412.85

Infosys is currently trading at a spot price of 1416.8 with a bid price of 1418.0 and an offer price of 1418.35. The stock has an offer quantity of 800 and a bid quantity of 400. The open interest stands at 42,806,800.

22 Apr 2024, 09:51:39 AM IST

Infosys Live Updates

22 Apr 2024, 09:40:05 AM IST

Infosys share price update: Infosys is trading at ₹1419.1, up 0.53% from yesterday’s ₹1411.6

The current data for Infosys stock shows that the price is ₹1419.1, with a percent change of 0.53 and a net change of 7.5. This indicates a slight increase in the stock price.

22 Apr 2024, 09:32:50 AM IST

Infosys share price live: Price Analysis

Time PeriodPrice Analysis
1 Week-6.34%
3 Months-16.58%
6 Months-1.12%
YTD-8.53%
1 Year15.35%

22 Apr 2024, 09:02:16 AM IST

Infosys share price Today: Infosys trading at ₹1411.6, down -0.63% from yesterday’s ₹1420.55

The current stock price of Infosys is ₹1411.6 with a percent change of -0.63% and a net change of -8.95. This indicates a slight decrease in the stock value.

22 Apr 2024, 08:01:02 AM IST

Infosys share price Live: Infosys closed at ₹1420.55 on last trading day

On the last day, Infosys had a trading volume of 864,596 shares on the BSE, with a closing price of ₹1420.55.

Petrol Diesel Price Today: What are the current rates in Hyderabad for both gasoline and diesel?

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Petrol Diesel Price Today: Every morning at six a.m., oil businesses in the nation announce the rates for gasoline and diesel. OMCs modify the price of gasoline and diesel by the world market prices for crude oil. Vary Petrol Diesel releases updates to its consumers periodically. The pricing of gasoline and diesel in our nation is set by freight costs, local taxes, and value-added tax. Let’s investigate the fuel and diesel prices in the nation’s key cities on April 21.

Petrol diesel prices in Hyderabad, Mumbai, and Delhi...

In Hyderabad on Sunday, April 21, the cost of a liter of gasoline is expected to be Rs. 107.41, while diesel will be Rs. 95.65. The national capital of Delhi saw a liter of petrol priced at 94.72. The price of diesel is currently 87.62 per liter. Petrol costs in Mumbai, a commercial hub, have surpassed 100 and are currently at 104.21 a liter. Additionally, the cost of diesel in Mumbai is 92.15 a liter.

Crude oil is what’s used to make gasoline and diesel. The price of gasoline and diesel in our nation is also impacted by the exchange rate between the Indian rupee and the US dollar. The central state governments impose taxes on gasoline and diesel. States differ in this regard. Demand also has an impact on the cost of gasoline and diesel. Fuel costs will rise in tandem with an increase in demand.

HDFC Bank, Persistent Systems, Dr Reddy’s Labs: Stocks to watch on Monday.

Petrol and diesel prices in different cities of the country.

The cityPetrol Price (Litre)The City
HyderabadRs. 107.41Rs.95.65
ChennaiRs. 100.98Rs. 92.56
BangaloreRs. 99.84Rs. 85.93
LucknowRs. 94.65Rs. 87.76
JaipurRs. 104.88Rs. 90.36
Cole’s knifeRs. 103.94Rs. 90.76

Share Market Live Today: GIFT Nifty futures up more than 150 points; Nifty and Sensex set to open higher.

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Share Market Today LIVE: Between volatile behavior throughout international markets, domestic equities benchmark Nifty 50 and Sensex are probably going to begin Monday’s session in the green. GIFT Ahead of Dalal Street’s opening bell, Nifty futures, a leading indicator of the Nifty 50 index, are up 154.8 points, or 0.7%, at 22,283.5.

Bitcoin slides below $60,000 on reports Israel strikes Iran.

Mon, April 22, 2024, 08:56 AM

Live today’s share market Indian stocks are expected to start the day higher.

Monday’s opening of Indian shares is expected to be higher, after a rise in their Asian counterparts.

Mon, April 22, 2024, 08:40 AM

Market Outlook | Domestic markets could open higher, says Deepak Jasani

“Indian markets could open higher, in line with mostly higher Asian markets today and despite mostly lower US markets on April 19,” stated HDFC Securities’ Head of Retail Research, Deepak Jasani.

“Nifty finished April 19 higher after snapping a four-day losing run. Nifty was up 151.2 points, or 0.69%, at 22,147 at the close. On April 19, Nifty formed a bullish piercing pattern on its daily charts, which may indicate a short-term upward reversal. Weekly charts showed a down gap in the Nifty, which, if it isn’t filled quickly, may indicate some medium-term deterioration. The 22,427–22,503 band may provide resistance shortly, while the 21,710–21,778 band may provide support, the author continues.

Mon, April 22, 2024, 08:38 AM

Anil Singhvi’s Market Strategy | Key Nifty and Nifty Bank levels to monitor today

For the headline Nifty50 index on Monday, April 22, Zee Business Managing Editor Anil Singhvi predicts support to emerge at 22,075-22,150 levels and a firmer support zone at 21,950-22,000 levels. He predicts that the Nifty Bank will first find support between 47,250 and 47,425 points, then a stronger support zone between 47,000 and 47,125 points.

Mon, April 22, 2024, 08:25 AM

Stocks to Monitor: Dr. Reddy’s Laboratories, HDFC Bank, Persistent Systems, and Additional Stocks
The following stocks will be highlighted on Monday, April 22:

HDFC Bank: The private sector lender will announce its Q4 results on Saturday. 

Persistent Systems: The IT company will announce its Q4 results on Sunday.

Dr Reddy’s Laboratories: The pharma company announced the roll-out of its condition management program DailyBloomTM IBS, India’s first integrated care plan for Irritable Bowel Syndrome (IBS). 

Jio Financial Services: Jio Financial Services on April 19 reported a net profit of Rs 310 crore for the January-March quarter of the financial year 2023-24.

IREDA: The company posted good Q4 results with net interest income and PAT increasing 35.1 percent and 32.6 percent, respectively. Also, asset quality at the company logged an improvement on a QoQ basis.

BEPL: The company reported good March quarter earnings with the margin increasing to 15.9 percent as against 6.7 percent in the previous quarter. Read More.

Mon, April 22, 2024, 07:58 AM

Share Market: Live Today | Gift Nifty futures point to a successful start for Dalal Street.

GIFT Ahead of Dalal Street’s opening bell, Nifty futures, a leading indicator of the Nifty 50 index, are up 154.8 points, or 0.7%, at 22,283.5.

Good morning! Welcome to Todaysheadlines.news blog on the stock market today

Follow this space to catch minute-by-minute market action and the views of Todaysheadlines.news Managing Editor Anil Singhvi and other experts, investment ideas, stock picks, brokerage calls, and much more throughout the day. 

Happy trading, and happy investing!

HDFC Bank, Persistent Systems, Dr Reddy’s Labs: Stocks to watch on Monday.

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Stocks to watch on Monday, April 22: This Saturday, HDFC Bank will release its Q4 earnings.

Watch these stocks on Monday, April 22: Gift Nifty futures gained 152.8 points, or 0.69 percent, and traded at 22,281.5 points at 8:14 a.m. The buying of financial stocks helped the domestic blue-chip indices, the Nifty50 and Sensex, recover strongly on Friday, April 19, after falling for four straight sessions. Earlier in the day, the stock market had plunged into negative territory due to the growing tensions between Iran and Israel.

The BSE Sensex gained 599.34 points, or 0.83 percent, to close at 73,088.33, while the blue-chip NSE Nifty 50 gained 151.15 points, or 0.69 percent, to settle at 22,147.

Here are some stocks that will be in focus on Monday, April 22: 

HDFC Bank: The private sector lender will announce its Q4 results on Saturday. 

Persistent Systems: The IT company will announce its Q4 results on Sunday.

Dr. Reddy’s Laboratories: The pharma company announced the roll-out of its condition management program DailyBloomTM IBS, India’s first integrated care plan for Irritable Bowel Syndrome (IBS). 

Jio Financial Services: Jio Financial Services on April 19 reported a net profit of Rs 310 crore for the January-March quarter of the financial year 2023-24.

IREDA: The company posted good Q4 results with net interest income and PAT increasing 35.1 percent and 32.6 percent, respectively. Also, asset quality at the company logged an improvement on a QoQ basis.

BEPL: The company reported good March quarter earnings with the margin increasing to 15.9 percent as against 6.7 percent in the previous quarter.

Voltas: Global brokerage has double-upgraded the stock to ‘buy’ from the earlier ‘neutral’ call and a target price of Rs 1800. The brokerage is of the view that the company will surprise on market share in the room air conditioner segment, reaching 23% in FY26E vs 19.5% for consensus.

GSPL: Nomura downgraded the stock from ‘buy’ to ‘underperform’ and has slashed the target to Rs 320 from the earlier Rs 405.  The Petroleum and Natural Gas Regulatory Board (PNGRB) sharply cut GSPL’s high-pressure transmission tariff by 47 percent to Rs 0.7/scm. Further, it added that the authorized tariffs were much below Street’s estimates. Also, it has sharply cut FY25-26F EBITDA by 37 percent/42 percent & EPS by 34 percent/40 percent.

MCX: From April 23, the trading in crude oil and natural gas mini options will start.

Lupin: The company in the US has launched the 25 mg Mirabegron Extended-Release Tablet. 

Vodafone Idea: The company’s FPO will close. On the second day of subscription, the QIB portion was subscribed 0.93x. while the NII portion received bids for 0.75x.

Zomato:  As per reports, there has been a hike in platform fees in a few of the cities from Rs 4 to Rs 5. The hike has been effected in cities like NCR, Mumbai, and Bengaluru.

Pilani Investment/Kalyani Investment/Summit Securities: The price of holding and investment companies will see a price improvement. For better price discovery, the market watchdog SEBI has come up with a proposal.

Ramakrishna Forgings: Tesla has put the powertrain component supply on hold for the time being. Earlier, the approval for the same was granted on April 18

Catch the latest stock market updates, all the Latest news is here. For all other news related to business, politics, tech, and auto, visit  todaysheadlines.news

Best Health Insurance Plans For Individuals 2024.

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If you do not have a sufficient health insurance policy, you will be unprepared for any medical emergency that may arise at any time and deplete your finances. A health plan can protect you from financial hardship by paying for your medical bills. A health plan pays for everything, including hospital bills, doctor consultation fees, operation costs, and prescription costs. On the other hand, you have to wait a certain amount of days after purchasing health insurance before you can start receiving benefits. In terms of health insurance, this is known as the waiting period. Can a healthcare plan that has no waiting time be purchased? Hospitalizations caused by accidents are covered from the first day of coverage, even though the majority of health insurance policies in India have an initial waiting period of 30 to 90 days.

Additionally, a few insurance providers in India have started offering health insurance with no waiting period. To fully comprehend this, continue reading.

Earlier, individuals above the age of 65 were not allowed to purchase policies. But the changes that have come into effect from April 1, 2024, have now enabled any individual, regardless, of age to be eligible to purchase a health insurance policy. 

Moratorium Period in Health Insurance

The moratorium period is this sixty-month stretch that runs nonstop. On the first policy’s insured amounts, the moratorium would be in effect.

The moratorium period is the waiting period imposed by the insurance providers during which certain pre-existing medical conditions are not covered. During this period you need to remain free for specific medical conditions or treatments before they can be eligible for the coverage.

Health Insurance with no Waiting Period

We at Care Health Insurance think you should never have to wait to take care of your health. To serve our clients, we provide health insurance with no waiting period. Zero-waiting-period health insurance is designed to provide you with instant coverage for certain medical procedures and services. From the moment you sign up for one of our health plans, you may take advantage of a wealth of advantages, including:

  • Immediate Peace of Mind – You will be at absolute peace to know that there is no waiting period for essential treatments and services if you have an instant cover add-on handy.  With this add-on benefit, you can claim hospitalization expenses related to diabetes, diabetes Hypertension, Hyperlipidemia, and asthma after the initial waiting period of 30 days.
  • No Delayed Care – Getting the medical assistance you need without delay reduces stress. We understand that some situations require swift action, and our policies are designed to support you in those moments.
  • Comprehensive Coverage – Make the best use of robust coverage from the start. Our plans cover various services, including hospitalization, surgical procedures, diagnostic tests, and more.
  • Expert Support 24/7 – Our dedicated customer support team is at your service around the clock to assist you. Get answers to your queries and guidance when needed.
  • Transparent Policy Terms: We believe in being transparent to our customers; thus, we have kept our policy terms straightforward so you know exactly what you’re offered and getting covered for.

Don’t compromise when it comes to your health. Health insurance with no waiting period can help you immediately access the necessary care. Secure your health and gain peace of mind without delay. Get health insurance coverage today and experience the benefits of instant coverage.

Insurance Portability

QuestionPortability Conversion
Do I need to answer health questions?You are not required to answer health questions. However, you’re welcome to answer health questions for a preferred rate. You do not need to answer health questions.
What are the coverage amount limits?Coverage amounts* are limited to the amount of insurance you had in force prior to applying for portability. You have the option to decrease the total amount of coverage you wish to continue. You may convert any amount of coverage up to the amount you previously held.
Can I increase my coverage?No
Can I also keep coverage on my spouse and/or child?Spouse and Child coverage may only be ported if Employee coverage is ported. Yes, you may convert Spouse and Child coverage.
Can my spouse and/or child keep coverage if I pass away?Yes, your spouse and children can convert their insurance in the event you pass away.
Can my spouse keep coverage if we divorce?Yes, a spouse can convert coverage if they are no longer considered an eligible spouse under the plan. Children would still be considered eligible under your coverage and thus could not convert.
Will my rates change over time?Five-year, age-banded rates apply. Your rates will increase when you reach the next age band. Rates are included with the application. The insurer also has the right to increase rates in the future. When you convert, you lock your premiums in and will pay the same rate for life with no increase in premium due to health or age. Rates and any fees are included with the application.
What are the age limits for applying?Standard age to port is 69. You may convert coverage at any age.
When does my continued coverage end?Standard termination age is 70. Your Whole Life policy is payable to age 121.
How are premiums paid?Ongoing payments can be made to the insurer via electronic funds transfer (EFT). If you choose not to utilize EFT, invoices will be sent directly to your home on a quarterly basis. Please note that all non-EFT payments may include a $3.50 processing fee for each payment.
How long do I have to apply?The application is due within 31 days of your life insurance eligibility under the group policy ending. Application and first premium are due within 31 days of your life insurance eligibility under the group policy ending.
How do I apply?You will receive your portability packet in the mail. Please return the application to Voya within 31 days from the date you received your packet. If you have any questions, please contact us at 1-866-760-3610 – we’ll be happy to assist you.

Now, all pre-existing conditions should be covered after 36 months, regardless of whether the policyholder disclosed them initially or not. The health insurers are prohibited from rejecting claims based on pre-existing conditions after these 36 months.

The insurance companies are barred from introducing indemnity-based health policies, which compensate for hospital expenses. Instead, they are only permitted to provide benefit-based policies, offering fixed costs upon the occurrence of a covered disease.

Conclusion

To sum up, you can buy health insurance without a waiting period by paying more than you would for a standard healthcare plan. However, the best option is to buy health insurance early, i.e., when you are young and healthy. You can easily get adequate coverage for nominal annual premiums. Moreover, the waiting period of your healthcare plan will be over by the time you may want to use it to cover your medical bills.

An ex-McKinsey employee quits ₹1.7 crore job: ‘Didn’t leave my desk, forgot to eat’

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He talked about his experience working for the organization and said that he realized that a lot of things went wrong while he was employed there.

A former employee of McKinsey & organization, who joined the organization in 2021 and worked there for 1.5 years, talked about his reasons for quitting, even though he was receiving a staggering ₹1.7 crore in compensation annually.

“My normal workday spanned from 7.30 am to 8 am until 11.30 pm. I lost a ton of weight, neglected to eat, and worked nonstop. It was full tilt. I hardly even remembered to use the restroom. He told Business Insider, “I just realized I needed to get up when I saw my dog staring at me sorrowfully.

US vetoes UN resolution that receives broad support and supports Palestine’s full UN membership.

He talked about his experience working for the organization and said that he realized that a lot of things went wrong while he was employed there. First of all, he believed that the compensation did not match the amount of work or emotional anguish he was experiencing. Second, he anticipated an apprenticeship-based culture, but he frequently felt alone McKinsey because no one was available to offer appropriate assistance. Additionally, the seniors and partners might be cruel and demoralizing at times.

“A few associate partners and partners were mean, but the analysts and associates were all cool. He claimed that they ridiculed people’s mental processes and became frightened over errors. As he revealed, “I was crying more and taking anxiety medication at a higher dosage than I had ever needed before joining,” he also mentioned how much his mental health had been affected. I was alternating between being far too OK, sobbing, and being way too stoic the week before I decided to leave.”

But he understands that the corporation had set the bar too high. Unlike his previous experience with other consulting businesses, he did learn a lot from it. Furthermore, even if the seniors behaved rudely, his teammates and coworkers supported and stood by each other constantly. He thinks businesses ought to be concerned about the mental health of their workers.

Bitcoin slides below $60,000 on reports Israel strikes Iran.

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As the U.S. dollar strengthened significantly throughout the Asia session, bitcoin fell more than 5.5% to $59,961.

Following concerns of an Israeli missile attack on Iran, investors fled riskier assets, sending cryptocurrencies plunging sharply down. On Friday, bitcoin plunged below $60,000.

During the Asia session, Bitcoin fell over 5.5% to $59,961 as the US dollar strengthened significantly. Ether declined similarly, falling to $2,895 from below the $3,000 threshold.

Assembly Election 2024: Sikkim records 21.2% voter turnout, while Arunachal Pradesh records 19.4%. Watch live

Days after Iran launched a drone strike on Israel, ABC News claimed, citing a U.S. official, that Israeli missiles struck an Iranian location.

The Iranian news agency Fars reported that there was an explosion audible at the Isfahan airport.

Bonds, gold, and oil all saw strong gains.

Moh Siong Sim, a currency strategist at the Bank of Singapore, stated, “I think markets are currently in a flight to safety mode.” We continue to be in a scenario where we are aware that something has occurred. However, we must comprehend the extent of the retaliation.”
Although it was down 2% for the day, Bitcoin was back up at $62,300. Ether returned to levels above $3,000.
The reduction in the value of bitcoin occurs just a few hours before its ‘halving,’ which is a modification to its core technology intended to slow down the creation of new bitcoins, on Friday.

Sensex is down 600 points, and Nifty begins below 21,850, with Wipro, Bajaj Auto, and Infosys in the spotlight.

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Nifty opened below 21,850, and Sensex was down 600 points: The following industries had a decrease in stock prices: real estate, healthcare, consumer durables, oil & gas, automotive, financial services, FMCG, IT, metal, pharma, PSU Bank, and private banks.

The domestic market opened lower in today’s business session. Nifty is below 21,850 and Sensex is at 71888. The Sensex slipped to 600 points, while the Nifty fell to 183 points.
However, midcap and smallcap stocks have seen weakness. BSE’s midcap index is trading up to 1.44 percent lower, while Nifty’s midcap 100 index is down 1.75 percent. BSE’s small cap index is trading down 1.32 percent.

Currently, BSE’s 30-share flagship
index Sensex is trading at 71888.34, down 600.65 points or 0.83%. While NSE’s 50-share flagship index Nifty is trading at 21812, down 183.80 points or 0.84%.
Auto, Financial Services, FMCG, IT, Metal, Pharma, PSU Bank, Private Bank, Realty, Healthcare, Consumer Durables and Oil & Gas stocks were
seen with declines of 0.62-2.14%.
Bank Nifty is trading at 46,686.05, down 0.81 percent.

Infosys Q4 Results Live Updates: Revenue is expected to drop while margin stays constant QoQ; FY25 forecast expected.

Among the leading stocks, BPCL, Bajaj Auto, Infosys, HDFC Life, L&T, LTI Mindtree, Axis Bank, Nestlé India, and TCS fell between 1.25-2.66 percent. While among the giants ONGC, ITC, Apollo Hospitals, Cipla, and Sun Pharma rose by 0.03-2.04 percent.
Midcap stocks Hind Petroleum, Canara Bank, CRISIL, SJVN, and AB Capital fell between 2.62 and 3.54 percent. While IGL, Oil India, Torrent Power, Nippon, and Dilhavery are up 0.14- 0.90 percent.
Among small-cap stocks, Sachendar Infra, Sun Pharma Advertise, Purvankara, Dredging Corp, and Ganesh Housing fell 4.38-5 percent. However, among the smallcap stocks Visuvis India, Tallbros Auto, Wari Renewables, Brannariaman, and Transforms rose by 3.89-5.79 percent.

Infosys Q4 Results Live Updates: Revenue is expected to drop while margin stays constant QoQ; FY25 forecast expected.

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Infosys Q4 Results Live: Today is when IT giant Infosys will release its Q4 earnings. Expect dismal Q4 earnings from Infosys due to a decline in discretionary spending. Infosys’s Q4 revenue is predicted to decline sequentially, while the EBIT margin might stay unchanged.

Live updates on Infosys Q4 Results: The second-biggest provider of IT services in India, Infosys, is expected to release its Q4 earnings today. Expect dismal Q4 earnings from Infosys due to a decline in spending on discretionary items. Infosys’s Q4 revenue is predicted to decline sequentially, but a string of sluggish growth could cause the operating or EBIT margin to stay constant. The transaction pipeline for the major in IT is still strong, but closes are difficult because of delayed decision-making and furloughs. The commentary on cost takeout projects, the banking sector, and the estimate on client discretionary spending for CY24 are the three main areas of interest in Infosys’ Q4 results. For the most recent updates, follow our Infosys Q4 results live blog.

Infosys Q4 Results Live Updates: Expect limited contribution from mega deals in Q4

Infosys Q4 Results Live: We are projecting a 20 bps cross-currency tailwind of -0.9% QoQ c/c revenue growth, which translates into a -0.7% QoQ USD revenue growth. In Q4, we anticipate a minimal impact from megadeals. The purchase of InSemi has not produced any significant contributions. Margin tailwind: reversal of 60 bps one-time expense because of the McCamish cyber incident; headwind: one-month wage raise and the cost of a visa, according to JM Financial.

Infosys Q4 Results Live: EBIT margins to remain flat QoQ, expects Nomura

Infosys Q4 Results Live: We anticipate a 1% QoQ fall in constant currency sales because of Infosys’s weak seasonality and ongoing weakness in discretionary spending. We anticipate that EBIT margins will stay constant every quarter due to the one-month impact of pay increases. Infosys will incur visa charges in Q4 that will be offset by the absence of one-time expenses in Q3. Notable developments include a discussion on cost takeout projects, the banking vertical, and the outlook for clients’ discretionary spending in CY24, according to Nomura.

Infosys Q4 Results Live: Expect weak revenue growth at -0.1% QoQ CC: Motilal Oswal

Live Q4 Results for Infosys: A negative QoQ CC revenue growth for Infosys is anticipated due to persistent macro headwinds and delays in ramping up significant deals. The deal pipeline is still strong, but because of furloughs and delayed decision-making, closing deals might be difficult. The conversion rate is still within target, though. Given the sluggish increase, the operating margin should stay steady. We anticipate a flat QoQ operating margin of 20.5%. According to Motilal Oswal, we anticipate that the company would issue an initial revenue growth forecast band of 5-7% for FY25, taking into account both an initial caution and transaction scale-up.

iPhone 16 Pro launch: Four prospective camera features for Apple’s 2024 “Pro” versions.

Infosys Q4 Results Live: IT sector likely to report muted revenue growth with stable margins

Infosys Q4 Results Live: The Indian IT services companies are likely to end the financial year 2023-2024 on a weak footing with the March quarter results estimated to show subdued growth amid unabated headwinds. The large-cap IT services players are expected to report modest revenue growth in Q4FY24 as muted demand trends continue on account of weak discretionary spending and cautious behavior by clients, amid an uncertain global macroeconomic situation. Analysts believe margins to remain steady despite weak revenue growth, as companies optimize costs and tighten discretionary spending.

Infosys Q4 Results Live: Infosys shares gain ahead of Q4 results today

Live Q4 Results for Infosys: Ahead of today’s publication of Q4 results, the share price of Infosys increased by more than 2% on Thursday. Infosys’s stock increased by 2.10% on the BSE, peaking at ₹1,444.50 per share.

Nevertheless, the share price of Infosys has not produced any profits this year. Infosys’s stock has dropped more than 7% year-to-date (YTD) and more than 11% in only one month. about the last year, the price of Infosys’ shares has increased by about 13%.

Infosys Q4 Results Live: Expect steady deal-wins and conservative commentary 

Infosys Q4 Results Live: Nuvama Institutional Equities estimates steady deal-wins and conservative commentary on the demand environment and expects Infosys to guide for 3–5% CC YoY revenue growth and margins in the 20–22% range for FY25.

Infosys Q4 Results Live: Key things to watch out for in Infosys Q4 results

Infosys Q4 Results Live: Going ahead, key things to watch out for in Infosys Q4 results are the commentary on cost takeout projects, banking vertical, and outlook on client CY24 discretionary spend.

Infosys Q4 Results Live: Expect USD revenue growth guidance of 2.5%-5.5%

Infosys Q4 Results Live: Infosys is expected to provide constant currency (CC) USD revenue growth guidance in the range of 2.5% – 5.5% with EBIT margin guidance of 20% – 22% for FY25.

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Infosys Q4 Results Live: EBIT expected to fall 0.69%, margin to drop QoQ

Infosys Q4 Results Live: On the operational front, Infosys’ Earnings before Interest and Taxes (EBIT) during the quarter ended March 2024 is expected to fall 0.69% to ₹7,906 crore from ₹7,961 crore in the December quarter. EBIT margin is estimated to remain stable at 20.5% QoQ as margin headwinds from the partial wage hike impact and visa costs could offset gains from the absence of one-offs and operational efficiency, as per average estimates.

Infosys Q4 Results Live: Revenue likely to fall 0.38% QoQ

Infosys Q4 Results Live: Infosys Q4 revenue in USD terms is expected to fall 0.38% to $4,645 million from $4,663 million on a quarter-on-quarter (QoQ) basis, led by seasonal softness and expected lower pass-through sales. In rupee terms, revenue is estimated to decline 0.59% to ₹38,590 crore from ₹38,821 crore sequentially due to continued weakness in discretionary spending and weak seasonality.

Infosys Q4 Results Live: Net profit may rise 0.58% QoQ

Infosys Q4 Results Live: Infosys is expected to post a net profit of ₹6,142 crore in the quarter ended March 2024, registering a muted growth of 0.58% from ₹6,106 crore reported in the December quarter, as per average estimates of seven brokerages.

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Infosys Q4 Results Live: Weakness in discretionary spending to hit Infosys Q4 results

Infosys Q4 Results Live: Infosys Q4 results are expected to be tepid amid weakness in discretionary spending. While Infosys Q4 revenue is estimated to drop sequentially, EBIT margin may remain flat on account of a slew of weak growth. 

Infosys Q4 Results Live: Infosys board may recommend dividend

Infosys Q4 Results Live: The meeting of the Board of Directors of Infosys is being held on Wednesday and Thursday, April 17 and 18, and the financial results will be presented to the board on April 18 for their approval. The board will also recommend a final dividend for the financial year ending March 31, 2024. Infosys will hold investor or analyst calls today to discuss the financial results for the quarter and year ending March 31, 2024, and the business outlook.

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Infosys Q4 Results Live: Infosys to declare Q4 results today

Infosys Q4 Results Live: IT major Infosys will announce its earnings for the fourth quarter of FY24 today, 18 April 2024. Infosys Q4 results will be the second quarterly earnings report from the IT sector after Tata Consultancy Services (TCS) released its March quarter earnings last week.

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