Page 32 - Lt Technology Services News Today

We have seen long unwinding in 98 stocks including Vedanta, NTPC, ONGC, Max Financial Services, and SBI Card on expiry day,

BIS Research, a prominent market intelligence and advisory firm specializing in emerging technologies, has...

Larsen & Toubro, Hindustan Aeronautics, Bharat Forge, Linde India, Centum Electronics, Avantel, and L&T Technology Services, all of which are in the business of supplying electronic components or engineering solutions to the aerospace sector, touched fresh 52-week highs in trade on Wednesday.

Escorts Kubota, BHEL, Dixon Technologies, IDFC First Bank, and AU Small Finance Bank were among the 50 stocks to see a long build-up. An increase in open interest (OI) and price indicate a build-up of long positions.

Stock market today: Sensex ended the session with a gain of 267 points, or 0.41 per cent, at 65,216.09 while the Nifty50 rose 83 points, or 0.43 per cent, to settle at 19,393.60.

The surge of stocks in the BSE 200 Index to new 52-week highs on August 21 reflects the markets dynamism and the potential for growth within various sectors of the Indian economy.

Even as global enterprises develop technology capabilities, Indian IT vendors continue to find enough opportunities in the market

The development also highlights the growing focus of IT firms on the telecom business.

While overall IT industry hiring has been flat amid lacklustre demand, GCCs continue to hire as they are mostly greenfield projects set up from scratch, industry insiders and experts said.

See some of my favorite advice from this “How to automate” August 2023 issue of Control Engineering and the topics covered.