Page 18 - Persistent Systems News Today

A short build-up was seen in 57 stocks including Metropolis Healthcare, HDFC Life Insurance Company, HDFC Asset Management Company, Balrampur Chini Mills, and Container Corporation of India.

This week, investors will be focusing on the quarterly results of some major banking and Finance sector companies. Besides the Balance of trade, WPI, and passenger vehicle sales data will also be released

In the long run, inequality is a big factor in driving stock prices up

    staff reporter manthan and vishwamanthan research foundation have organised a lecture of dr s jaishankar, external affairs minister of india, on january 13 at 2.45 pm at kaviguru kalidas auditorium, persistent systems, it park

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...

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

CLSA maintained a buy rating on RIL with a target price of Rs 3060. Organic and inorganic triggers are likely to come together and support the up move in 2024.

The Nifty IT index is grappling to overcome the selling pressure emerging around the 36,000 mark. This hurdle must be surpassed to enter the next leg of upside, as per experts.

Recent Deloitte survey shared exclusively with ET has shown that companies offering employees a chance to gift their leaves to colleagues in need promotes a culture of camaraderie and collaboration. Gift a leave helps in providing a safety net to employees, especially new employees, said experts.

"Following a rapid rebound from its positional support at 21500, bullish activity has resumed in the market, with buying interest evident during dips. The prevailing sentiment is bullish, but Nifty encounters initial resistance at 21750, facing selling pressure. Immediate support rests at 21600. A conclusive close above 21750 levels could propel Nifty towards the 22000 mark, signaling further upward movement," said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities...