Market Roundup: Wipro’s Share Buyback, Raymond’s FMCG Business Sale to Godrej, and Indian Hotel’s 343% Profit Rise

Stock Market Update

Today’s Market

On 27th Apr
Fii buys 1652.95 crore stocks
Dii buys 97.07 crore stocks

Good News :
1. Wipro will buyback shares at Rs445/share
2. Raymond sell its FMCG business to Godrej CP
3. Sugar price reach 11 years high
4. Wipro profit rise 0.7%
5. Trent profit rise 40%
6. Shriram Finance profit rise 20.5%
7. LTIMindtree profit rise 11.4%
8. Indian hotel profit rise 343%

Bad News :
1. Axis bank profit decline from Rs4117.8 to -Rs5728.4 crore
2. Mphasis profit decline from Rs412 to 405 crore
3. ACC profit decline 39.5%
4. Tech Mahindra profit decline 13.8%

Other News :
1. Result today : Ultratech, Mahindra Finance, L&T finance, Sbi Card, Indiamart
2. Q4 GDP in America comes 1.1% growth from 2.6%
3. Citi says US economy reaching recession
4. Mankind IPO Subscribed 15.32 times