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IRFC stock has surged 295 percent in the past year, nearly quadrupling investors money. In the past two years, it has yielded a whopping 400 percent return

Indian market closes higher for fourth consecutive day as S&P BSE Sensex rises over 800 points and Nifty50 closes just below 21,900 levels. Buying seen in IT, realty, oil & gas, and public sector, while selling seen in healthcare, utilities, and auto stocks. Stocks in focus include IRFC, Macrotech Developers, and Firstsource Solutions, which hit fresh highs and saw volume or price breakouts.

​Indian benchmark equity indices hit all-time highs on Friday, and logged weekly gains, led by gains in IT stocks after market leaders TCS and Infosys posted quarterly reports that alleviated concerns about weak demand.

The 30-share BSE Sensex pack surged 1,000 points to hit a lifetime high of 72,720.96, while the broader NSE Nifty index moved around 281 points to trade at an all-time peak of 21,928.25.

IT counters surged up to 14% on a rub-off impact from Infosys and Tata Consultancy Services (TCS) while the Nifty IT index also hit a fresh 52-week high of 36,482.25. In the largecap pack, the top gainer was Infosys which soared 8% to the days high of Rs 1,613.65 on the NSE. TCS, meanwhile, gained 4.2% to attain the days high of Rs 3,894. Their smaller peers Cyient and Firstsource Solutions rose 6% and 14%, respectively. Other IT stocks including Mphasis, Coforge, Tech Mahindra, Wipro, LTIMindtr...

Firstsource Solutions Share Price Today - 12 Jan 2024: Find Firstsource Solutions Stock Price Live updates on Mint. Check out Firstsource Solutions share price and NSE/BSE details with 52-week high, 52-week low, Dividend, Technicals, Firstsource Solutions Quarterly Results, and more.

BSE's Sensex surged 847.27 points, or 1.18 per cent, to settle at 72,568.45. NSE's Nifty50 rallied 247.35 points, or 1.14 per cent, to end the day at 21,894.55 for the day.

Biggest gainers on the Nifty included Infosys, ONGC, Tech Mahindra, LTIMindtree and TCS, while losers were Cipla, Apollo Hospitals, Power Grid Corporation, UltraTech Cement and Bajaj Finserv

Infosys, HCL Tech Q3 results: Nirmal bang said investors would wish to known whether Infosys will come in at the higher or lower end of its guidance and if there is any change in the revenue conversion problem seen in Wipro.

In the near term, given the RSI at overbought zone levels and PCR (Put-Call ratio) reached 1.5 mark, the consolidation or some pull back cant be ruled out, experts said.