The stock was up 3 per cent at Rs 305 on the BSE, its highest level since September 24, 2018.
If Nifty 500 index holds 9600 for the current month, then can expect a rally towards all-time high of 10,049
It is for the first time that the two IT giants will announce their quarterly results on the same day.
The downgrade is on account of limited progress in building up liquidity, selling/exiting riskier construction finance loans
On Thursday, Derive Investment purchased 7,92,000 shares representing 4.72 per cent stake in Foods & Inns at price of Rs 184.06 per share on the BSE.
The company said it will induct 16 Boeing 737-800 NG aircraft on dry lease and has applied to the DGCA for a no objection certificate to import the aircraft.
The domestic unit on Thursday climbed 19 paise to close at 68.92, also marking a third straight session of gains, driven by sustained foreign fund inflows.
Here's a look at the top stocks that may remain in focus today -
Investors will on Friday keep track of the release of key macroeconomic data -- February IIP (Index of Industrial Production) and CPI (Consumer Price Index) for the month of March.
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
Overall, IT companies are expected to deliver steady numbers, owing to ramp-up in deal wins and healthy digital growth.
Derivative strategy on ACC by Nandish Shah, Assistant Vice President, PCG, HDFC Securities.
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
Holdings of foreign portfolio investors dip
For Dr Reddy keep a stop at 2,790 and go long
To classify income from letting out property as business income, the taxpayer needs to exploit the property commercially by providing furniture, facility management, amenities and security
Maruti Suzuki's revenue growth may fall below 5%, commentary on demand revival key for sentiment reversal
Twelve of the 19 sectoral sub-indices compiled by the BSE advanced on Thursday, led by a gauge of energy companies
Volume growth, lower costs to drive Q4 profitability; analysts remain underweight on sector
On the revenue front, the gains for both, IndiGo and SpiceJet, will come in passenger growth, as well as, a rise in fares