Happiest Minds Technologies jumped 6.39% to Rs 632.1, extending its winning run to fifth consecutive trading session.Shares of Happiest Minds zoomed 22% in five trading sessions from its previous closing low of Rs 517.8 on 25 March 2021. The counter hit a record high of Rs 675 in intraday today. The stock has zoomed 121% from its 52-week low of Rs 285.55 recorded on 5 November 2020.
Meanwhile, the S&P BSE Sensex tumbled 1042 points or 2.08% to 48,987.83.
On the technical front, the stock s RSI (relative strength index) stood at 74.52. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
The stock is trading above its 50 and 100 days simple moving average placed at 472.76 and 402.89 respectively. These levels will act as crucial support zones in near term.
NIIT Ltd has lost 1.77% over last one month compared to 5.83% gain in S&P BSE IT Sector index and 1.51% drop in the SENSEX
NIIT Ltd rose 14.39% today to trade at Rs 189.15. The S&P BSE IT Sector index is up 0.54% to quote at 26914.08. The index is up 5.83 % over last one month. Among the other constituents of the index, Happiest Minds Technologies Ltd increased 5.92% and Tanla Platforms Ltd added 5% on the day. The S&P BSE IT Sector index went up 128.46 % over last one year compared to the 79.94% surge in benchmark SENSEX.
NIIT Ltd has lost 1.77% over last one month compared to 5.83% gain in S&P BSE IT Sector index and 1.51% drop in the SENSEX. On the BSE, 42192 shares were traded in the counter so far compared with average daily volumes of 40603 shares in the past one month. The stock hit a record high of Rs 210.5 on 06 Jan 2021. The stock hit a 52-week low of Rs 74 on 03 Apr 2020.
Datamatics Global Services has been recognized as a Leader in The Best of the World s Best Outsourcing Advisors (WBOA) by the International Association of Outsourcing Professionals (IAOP).
The 2021 Global Outsourcing 100 is determined through a rigorous scoring methodology that includes a review by an independent panel of IAOP customer members who have extensive experience in selecting outsourcing service providers and advisors for their organizations.
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Happiest Minds Technologies Ltd recorded volume of 109.66 lakh shares by 14:19 IST on NSE, a 5.11 times surge over two-week average daily volume of 21.45 lakh shares
Sheela Foam Ltd, Timken India Ltd, Avanti Feeds Ltd, United Breweries Ltd are among the other stocks to see a surge in volumes on NSE today, 05 April 2021.
Happiest Minds Technologies Ltd recorded volume of 109.66 lakh shares by 14:19 IST on NSE, a 5.11 times surge over two-week average daily volume of 21.45 lakh shares. The stock gained 7.06% to Rs.636.50. Volumes stood at 79.38 lakh shares in the last session.
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