Page 4 - Newgen Software Technologies News Today

/PRNewswire/ -- Newgen Software, a global provider of low code digital transformation platform, announced that the Development Bank (DB) selected Newgen to...

The top gainer so far this year is Jai Balaji Industries. Its shares have rocketed 1,291 per cent to 761.05 on December 19 against Rs 54.70 apiece on December 30 last year

Stocks to buy now: This stock has a 1-year upside potential of 42%

“As weve continued monitoring and diving into the Indian VC ecosystem, one of our investment indicators, “Total Market Capitalization of VC-Backed Companies Public in India,” crossed $50B,” Sethi wrote in a LinkedIn post.

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Mixed Asian markets and the overnight weak close on Wall Street are pointing to a somewhat subdued start in the Indian stock market, where trading resumes Tuesday morning after an extended weekend.

Indian shares are turning in a mixed performance Tuesday morning with investors looking for directional clues. Activity is mostly stock specific and movements are a bit range-bound.

After moving along the unchanged line, with stocks swinging between gains and losses till well past noon on Tuesday, the benchmark indices Sensex and the Nifty50 climbed higher in the final ninety minutes of the session to eventually end on a firm note.

Ticker

Jefferies has taken a Hold view on Tata Consultancy Services (TCS), HCL Technologies and LTI MIndTree while an Underperform stance on Wipro and Tech Mahindra. Jefferies estimates on the IT sector hinge upon the takeaways from its conversations with managements of seven domestic IT firms who have acknowledged that the demand uncertainty will linger, going forward.