Stocks In News Today, October 19: HCL Tech, Polycab, Tata Communications, HDFC AMC and more | Buzzing Stocks

Stocks In News Today, October 19: Equity benchmark indices rallied for the third day on the trot on Tuesday amid firm global market trends and buying in energy, banking and FMCG counters. The 30-share BSE Sensex jumped 549.62 points or 0.94 per cent to settle at 58,960.60. During the day, it zoomed 732.68 points or 1.25 per cent to 59,143.66. Similarly, the broader NSE Nifty surged 175.15 points or 1.01 per cent to end at 17,486.95. State Bank of India (SBI) was the biggest gainer in the Sensex pack, climbing 3.41 per cent, followed by ITC, Nestle India, Bharti Airtel, IndusInd Bank, L&T, M&M and Reliance Industries. Only five constituents finished in the red -- HDFC, NTPC, Tech Mahindra, Sun Pharma and HDFC Bank, slipping up to 0.72 per cent. The S&P 500 gained 42.04 points, or 1.14 per cent, to 3,719.99 and the Nasdaq Composite added 96.60 points, or 0.9 per cent, to 10,772.40.

These are stocks which will be in focus today: 

HCL Technolgies

Prior to its record date to select eligible shareholders for the third interim dividend payout of Rs 10 per share, HCL Technologies will be turning ex-dividend on October 19. 

Polycab

Wires and cables manufacturer Polycab India (PIL) on Tuesday reported a 36.72 per cent growth in consolidated profit during the September quarter at Rs 270.45 crore. The company's profit stood at Rs 197.80 during the corresponding quarter of 2021-22, it said in a regulatory filing.

Tata Communications

Tata Communications on Tuesday reported a 25 per cent increase in its consolidated net profit at Rs 532.29 crore in the July-September quarter of the current financial year.

HDFC AMC

HDFC Asset Management Company (AMC) will be in focus today as the company will declare its September quarter earnings today.

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