Sensex tanks 650 pts, Nifty under 17.8k; Auto, FMCG, Financials hit

Only 7 of 30 Sensex stocks in the green

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Most sectoral indices in the red

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Rallis India’s Q3 hit by multiple headwinds: stock down over 6%

Rallis India’s December quarter (Q3) performance was marred by higher raw material cost. Consolidated net profit declined 19.1% year-on-year, disappointing investors. The stock fell over 6% on the National Stock Exchange on Thursday. 

HCL Tech expands digital transformation partnership with ams Osram

IT Company HCL Technologies Ltd (HCL) has expanded its strategic transformation partnership with ams OSRAM to digitize one of the optical solutions leader’s key business processes and drive enterprise resource planning and customer relationship management systems standardization across the organization. 

Sensex tests 59,200

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Bajaj Finserv’s Q3 net profit dips while revenue rises

Bajaj Finserv’s consolidated net profit for the quarter ended December 2021 dipped around 2.6% to ₹1,256 crore as compared to ₹1,290 crore in the year-ago quarter. Shares of Bajaj Finserv were trading over 4% lower on the BSE in Thursday’s afternoon deals after its Q3 announcement. 

Asian Paints Q3 net profit falls 18% to ₹1,015 crore

Asian Paints Ltd on…