Quarter 3 results of L&T announcing today:-

Engineering and construction Major Larsen & Turbo are expected to announce their quarter 3 results today for FY19. According to the analyst the quarter gone by was mute for the company for capital goods universe order inflows due to cautious stance ahead of general election. The company still expects to produce good results for quarter 3 as of growing EPC. During Q3FY19, L&T announced order inflows worth Rs 16,869 crore, which includes Rs 6,512 crore in power T&D, Rs 5,021 crore in water & effluent treatment segment, Rs 2,760 crore in building & factories segment and remaining orders across construction business. Edelweiss Securities suggests to buy the stock according to the balance sheet of the company. It expects 14% YoY growth in crore EPC revenues led mainly by the infra segment. Services business is expected to grow 25%. Motilal Oswal Financial Services (MOFSL) analyst expects revenue growth of 12 per cent YoY to Rs 32,200 crore.  L&T is currently at a gap up opening and running in the green color, investors also expects a positive result from the firm. The ratio of buy is very high then sells. Current market rate of stock for L&T is Rs 1305.95. The intraday stock tips for today is buy.

Highest level for WIPRO since March 2000, jumps 12% in seven days-

Wipro reached near two decade high of Rs 353, gaining 2% on the BSE, as analyst expects to grow more in FY20 because of continued large big deals, robust digital growth and continued growth in BFSI and other verticals.

In the past seven days Wipro outperformed the market by 12% after on Jan 14’ 19 company announced that they will issue bonus shares. The issue of bonus shares will be issued in the ratio of 1:3; it was decide in the meeting of boards of wipro. The board also recommended an interim dividend of Rs 1 per equity share of par value Rs 2 each to the members of the Company as on Wednesday, January 30, 2019, being the record date. Wipro registered 2.4% quarter on quarter rise in revenue in constant currency. In rupee terms revenue was up at 3.5% at Rs 14,666 crore. Net profit grew at 35% to Rs 2,544 crore on QoQ basis.

Current market standing of Wipro is Rs 354.70 in NSE. Intraday tips today

HDFC Bank net profit rises 20% to Rs 5,586 crore after Q3 results :-

Private lender Hdfc Bank declared their December quarter results on Sunday with a rise of 20.3% net profit to Rs 5,586 crore. The bank met profit estimates by net interest income and other income. Year ago profit of same quarter was Rs 4,643 crore. The bank had made a contingency of Rs 335 crore during the quarter on account of anticipated losses in the agriculture portfolio. The bank’s provision coverage ratio as on December 31, 2018 was 70 per cent. Total deposits for the quarter grew 22 per cent to Rs 8.52 trillion, while total advances grew 24 per cent to Rs 7.8 trillion over the year-ago period.

Current standing of HDFC is Rs 2154.50 and today’s high is Rs 2166.50.

Get  intraday stock tips

NSE BSE Updates for Today @ ICICI Bank Share Best Advice by Expert

Third day of the week and nifty is all going up with a movement of 032%, it currently stands at 10,837.20 till now it made a high of 10,870.40. This is making most of the market in the green which is good news for a positive trader.  As for SENSEX making changes of 0.43% currently stands at 36,136.47 and 36,250.54 is the high for today.

ICICI BANK Stock Trading Tips by Expert

Traders trading in NSE or BSE have a good opportunity of making a good trade today. As per the reports ICICI Bank is a good stock for today as it is on the highest rate of life. Morgan Stanley maintained overweight call on ICICI Bank which leads to a bigger target to Rs 510 from Rs 460 earlier that impels 34% upside for the stock.

Currently the stock stands at 381.90 and the life high is 383.55. Another gainer in the banking sector is Axis Bank which has been being on the top gainers since a long time. It hits near 4 months high. As of today it stands at 664.05 and high for now is 667.75.

Get,, Intraday Stock Tips