stock tips, nifty future tips, stock market update, stock tips tomorrowShares of Idea Cellular Ltd soared about 6% on weekend Friday after shareholders of the company approved the scheme relating to the merger of its mobile business with Vodafone India. The stock jumped 5.91 % to end at Rs 78.90 on BSE. During the day, it soared 8% to Rs 80.50, while at NSE, Idea cellular shares zoomed 5.83% to close at Rs 78.90. The company’s market valuation rose by Rs 1,593.6 crore to Rs 28,460.60 crore.
Similarly, Tata Consultancy Services (TCS) shares continued to rise on Friday afternoon, and were trading at Rs 2,580.75 on NSE, up by above 1.2% since the previous close, as the company posted its second quarter earnings on Friday, which beat analysts’ outlook as consolidated profit rose, backed by stellar volume growth and operational performance.
Auto stocks, IT stocks and Media stocks are expected to continue consolidation in the coming week, while Energy stocks are expected to slow down and lose some vigor.

 

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