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Infosys grew 7% in dollar terms over the previous quarter and TCS 4.5%—both beating analyst estimates. Wipro grew 3%, a tad lower than street expectations.

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CDSL Ventures is a wholly-owned subsidiary of depository CDSL. The recognition to CDSL Ventures has been granted for a period of three years with effect from February 1, 2022, the Securities and Exchange Board of India (Sebi) said in statement.

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The BSE benchmark extended its winning momentum for the fourth straight session on Wednesday and jumped 533.15 points or 0.88 per cent to settle at 61,150.04.

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In another transaction, Geojit BNP Paribas Financial Services bought and sold 1 lakh shares of Mangalam Drugs And Organics.

US inflation hits 39-year high

Updated at : 2022-01-12 21:25:03

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Market expectations for Fed tightening expected in March and 2022 as a whole were largely unchanged after the report

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The Dow Jones Industrial Average rose 84.14 points, or 0.23 per cent, at the open to 36,336.16.

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The movement in ADR shares is a good indicator of how the stock will behave in Indian markets on Thursday when trading resumes

Thursday is likely to see the levels of 18,290 and 18,335 acting as important resistance levels. Supports may come in at 18,150 and 18,050

Vinod Nair, Head of Research at Geojit Financial Services said, "Led by realty, auto, energy and banking stocks, benchmark indices extended its winning streak for the fourth consecutive day despite the fast spread of covid cases. Global sentiments were positive ahead of the release of US inflation data as the Fed Chair’s testimony eased worries."

Paytm share price is at an all-time low of Rs 1,081, about half of the IPO price.

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