Page 43 - Persistent Systems News Today

In response to the increasing use of AI images, Google Deep Mind announced a beta version of SynthID. The tool will watermark and identify AI-Generated images. I

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

The Nifty IT index was trading 0.7 per cent up at 31082.2.

After five months of gains, the Nifty index is set to end August with losses due to inflation concerns and higher interest rates. However, the Nifty IT pack is up 4% this month, driven by the positive outlook for the US economy and the expected demand for AI-related work.

The stock gave a breakout above the neckline of an inverse Head and shoulder pattern on the weekly charts in May 2023 placed around 5000 levels.

The Nifty IT index closed 0.77 per cent up at 31103.9.

The Nifty IT index closed 0.3 per cent up at 30866.05.

Based on the OI percentage, 88 stocks were on the short-covering list including Persistent Systems, Bosch, Coforge, India Cements, and UltraTech Cement

​​Bharti Airtel, Federal Bank, Godrej Consumer, Persistent Systems, Century Textiles and Castrol has formed bullish trends on the charts.

The Nifty IT index closed 0.46 per cent down at 30773.6.