Page 31 - Persistent Systems News Today

Volatility was slightly higher on Tuesday from Monday closing as India VIX stood at 11.65, up 1.39%.

Biggest loser on the Nifty were M&M, Sun Pharma, Eicher Motors, LTIMindtree and ONGC, while gainers included SBI Life Insurance, Titan Company, HDFC Life, Kotak Mahindra Bank and Asian Paints.

According to Mobius, investors can find such companies in sectors like software, construction materials and healthcare. For instance, he is betting big on stocks like Persistent Systems, APL Apollo Tubes, Dreamfolks Services and MapMyIndia

The stock market experienced significant activity as several midcap and smallcap stocks reached new all-time highs on October 31, highlighting their impressive growth potential and contributions to the market.

The stock market demonstrated remarkable resilience as several large cap and midcap stocks achieved new 52-week highs on October 31, underscoring their strength and ability to weather market fluctuations.

33 of the 34 BSE IT index listed firms that have announced results reported profits

Nifty 50 closed the day at 19,079.60, down 61 points, or 0.32 per cent while the Sensex ended with a loss of 238 points, or 0.37 per cent, at 63,874.93.

Based on the OI percentage, 51 stocks were on the short-covering list. These include Dr Lal PathLabs, Cipla, Kotak Mahindra Bank, State Bank of India, and Dalmia Bharat.

A growing number of companies are pursuing complex cloud strategies, with service providers supplying critical capabilities, ISG Provider Lens™ report says ...

The Persistent Systems stock hit a record high of Rs 6144 on October 27, 2023, but it failed to hold on to the momentum and witnessed some selling pressure. The chart structure suggests that the rally may not be over and short-term traders can buy the stock for a possible target of Rs 6150 and beyond, suggest experts.