Page 35 - Sonata Software News Today

“We believe the midcap IT companies will continue to do well. Top bets would be Coforge and MindTree. ”

Falling Covid-19 cases below 2 lakh infections a day is a strong indicator of unlocking ahead with various states rolling it out in a phased manner. Strong results from India Inc also uplifted the sentiments.

Fag-end buying in public sector banks, IT, and metal counters ahead of the expiry of May derivatives contracts propelled the benchmark Nifty50 index to record closing high on Thursday. From an intra-day low of 15,272, the index leaped 66 points to settle at 15,338. Minutes before closing, the index hit a high of 15,384.5 levels. The BSE barometer of 30-shares, meanwhile, ended 98 points, or 0.19 per cent, higher at 51,115 levels as losses in HDFC, Bajaj Finance, HUL, and Bharti Airtel were of...

Explore Now New Delhi: Benchmark equity index Nifty managed to end the May F&O series at record closing highs on Thursday amid buying interest seen in cement, bank and IT counters. Though the index witnessed volatility throughout the session, it managed to eke out gains and end 36 points higher. Nifty managed to close above the crucial resistance level of 15,335 on a closing basis, forming a Doji candle on the daily chart. Analysts said the index may face some resistance as it inches towards i...

Shares of information technology (IT) companies were in focus in an otherwise subdued market on Wednesday with eight stocks from the S&P BSE IT index – Wipro, Birlasoft, Coforge, Firstsource Solutions, Mindtree, Persistent Systems and Sonata Software – hitting their respective record highs on the BSE in the intra-day trade today. Tata Consultancy Services (TCS), Tech Mahindra, Infosys, HCL Technologies and Larsen & Tourbo Infotech from the BSE IT and Nifty IT indices were up in the range of...

Aditya Agarwala of YES Securities said that the index can test levels of 15,400-15,450 levels on a sustained trade beyond the 15,335 level.

Sonata Software announced 30 years of relationship with Microsoft, and a commitment to invest aggressively in a business that Sonata had identified ahead of the curve and has helped drive growth. A relationship that started in India in 1991 has today blossomed into a worldwide 360-degree one, spanning industries, technologies and geographies. Currently Sonata not only provides services to Microsoft across product engineering, customer support and internal IT applications, but has a deep global...

Read more about Sonata Software consolidated net profit rises 34.42% in the March 2021 quarter on Business Standard. Sales rise 15.83% to Rs 1075.71 crore

Read more about Sonata Software standalone net profit declines 50.49% in the March 2021 quarter on Business Standard. Sales decline 11.16% to Rs 197.03 crore

Read more about IT shares in focus; Wipro, Coforge, Mindtree, Mphasis hit new highs on Business Standard. Mastek, Intellect Design Arena, Sasken Technologies, Newgen Software Technologies, Nucleus Software Services and Sonata Software were up in the range of 5 per cent to 11 per cent in intra-day deals