Page 21 - Persistent Systems News Today

YES Bank rose 13.33 per cent to R 21.93 per cent this month. FPIs owned 23.39 per cent stake in the private bank as on Sept 30. Info Edge climbed 12.19 per cent while Persistent Systems Ltd advanced 12.76 per cent during the same period.

Indian benchmark indices extend their bull run for seventh consecutive week, reaching all-time highs on the back of potential rate cuts by the US Federal Reserve, surge in industrial production, falling crude oil prices, and sustained FPI inflows.

On Friday, the 30-share BSE Sensex zoomed 970 points or 1.37 per cent to close at 71,484, while the broader NSE Nifty index moved 274 points or 1.29 per cent up to end the session at 21,457.

The Sensex rallied more than 1,600 points or 2.4% last week and ended at a record closing high of 71483.75 points on Friday. While the gains were broad-based in the market, information technology, metals, infrastructure, and realty topped the list.

Decoding the trend, HSBC Securities analyst Amit Sachdeva said the mid and smallcap spaces are leading the rally, which can be best described as a typical bull run.

Largecaps pushed the benchmarks to yet another record high as Nifty conquered the 21,355.65 level. All five top stocks in the Nifty were IT counters with HCL Technologies, LTIMindtree, Infosys, Tech Mahindra, and Tata Consultancy Services (TCS) gaining between 4.7% and 3.89%. Barring Infosys, the rest hit their 52-week highs.

Nifty 50 index concluded with 1.29 per cent gains to 21,456, whereas the Sensex closed at 71,483 levels with 1.37 per cent gains to new-highs, , stock market, nifty, sensex, it stocks, national stock exchange, retail investors, Intraday, metal stocks, ireda, Birlasoft, Aether Industries, KFin Technologies

The S&P BSE 100 index will also see a dynamic shift as seven counters will change. As per IIFL, it is an active largecap benchmark. Tata Elxsi, Adani Power, Voltas, Bandhan Bank, Mphasis, Crompton Greaves Consumer Electricals and ACC are to be dropped from the index

Persistent Systems Share Price Today - 15 Dec 2023: Find Persistent Systems Stock Price Live updates on Mint. Check out Persistent Systems share price and NSE/BSE details with 52-week high, 52-week low, Dividend, Technicals, Persistent Systems Quarterly Results, and more.

Indias dollar-dependent economy will not be impacted much by Bank of England and European Central Banks hawkish tone, say analysts