Sensex Today | Share Market Live Updates: Sensex down 300 pts at open; Infy sheds 2%; HCL Tech jumps

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HCL Technologies share price rallied over 2% in the early trade on Friday after the company reported its earnings for the second quarter of FY24. HCL Technologies share price rose as much as 2.77% to ₹1,258.00 apiece on the BSE.HCL Technologies, the third largest IT services company in India, reported 8.55% QoQ growth in Q2FY24 net profit at ₹3,833 crore.

Its consolidated revenue for the quarter rose 1.4% QoQ to ₹26,672 crore. In constant currency (CC) terms, revenue grew 1% QoQ.

(Read More)China's exports and imports both fell in September from a year earlier, though they contracted at a slower pace even as global demand remained muted.Customs data released Friday showed exports for September slid 6.2 per cent to USD 299.13 billion in the fifth straight month of decline. Imports also slid 6.2 per cent to USD 221.43 billion.China posted a trade surplus of USD 77.71 billion, up from USD 68.36 billion in August.

(AP)Deven Mehata, Research Analyst, Choice Broking pre-market comments: The benchmark Sensex and Nifty indices are likely to open lower on October 13 as trends in the GIFT Nifty indicate a negative start for the broader index with a loss of 144 points.According to the charts, Nifty may be taking support at 19,720, followed by 19,675 and 19,600. On the higher side, 19,850 can be an immediate resistance, followed by 19,875 and 19,920.Foreign institutional investors (FII) sold shares worth ₹1,862.57 crore, while domestic institutional investors (DII) bought ₹1,532.08 crore worth of stocks on October 12, provisional data from the National Stock Exchange (NSE) showed.After three days of bullish closings, the US market retreated after a higher CPI report.