Finolace
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Finolace offers expert research analytical calls through plans like Velocity Vista, Momentum Masters, and Prosperity Pioneers, catering to investors and traders in the Indian stock market.
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Infosys reported good results on paper, but the charts tell a different story. The first crucial support level stands at โ‚น1794, followed by the next key support at โ‚น1717.
Infosys has corrected today, and Wipro is currently down by 1.6% ahead of its results. It will be interesting to see how Wipro reacts post-results.
SBI LIFE Q3 FY25 Highlights:

First-Year Premium: โ‚น6,450.84 Cr, ๐Ÿ“ˆ 13.6% YoY
Gross Premium: โ‚น24,827.54 Cr
9M First-Year Premium: โ‚น14,512.93 Cr (+12.1% YoY)
Strong growth driven by rising demand & strategic distribution. ๐Ÿ’ผ๐Ÿ“Š
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๐Ÿ“‰ Market Update | Jan 17
Nifty ends at 23,203 (-0.47%)

Major losers: Infosys, Axis Bank, Wipro
Top gainers: BPCL, Reliance, Hindalco
IT & Bank indices: -2%
Oil & Gas, Power, FMCG: +1%
๐Ÿ“ˆ #KotakBank Q3FY25 Highlights:

Net profit up 10% YoY to โ‚น4,701 Cr.
Gross NPA at 1.51% (โ‚น7,218 Cr).
Net NPA at 0.44% (โ‚น2,070 Cr).
Steady performance with controlled asset quality.
#earningsseason
๐Ÿ“‰ #RBLBank Q3FY25 Results:

Net profit plunged 86% YoY to โ‚น32.63 Cr.
Gross NPA rose to 2.92% (โ‚น2,701 Cr).
Net NPA fell to 0.53% (โ‚น481.64 Cr).
โ‚น414 Cr additional provision for JLG portfolio; total provisions at 110% of GNPA.
#earnings

Let's see how it reacts on Monday!
#wipro shares jumped 8% after beating Q3 expectations! ๐Ÿš€๐Ÿ“Š

Because:
1) Net profit: โ‚น3,354 Cr (+4.5% QoQ)
2) Revenue: โ‚น22,319 Cr (+0.1% QoQ)
3) EBIT margin: 17.5% (3-year high)
Operational efficiencies and cost optimization driving growth! ๐Ÿ’ผ #ITStocks