Information Technology stocks were trading with gains, with the S&P BSE IT Sector index rising 311.87 points or 1.22% at 25791.5 at 09:48 IST. Among the components of the S&P BSE IT Sector index, eClerx Services Ltd (up 5.64%), Intellect Design Arena Ltd (up 4.99%),Majesco Ltd (up 4.97%),HCL Infosystems Ltd (up 4.96%),Coforge Ltd (up 3.71%), were the top gainers. Among the other gainers were Sonata Software Ltd (up 3.16%), Zensar Technologies Ltd (up 3.15%), Ramco Systems Ltd (up 3.08%), Birlasoft Ltd (up 2.78%), and Larsen & Toubro Infotech Ltd (up 2.77%). On the other hand, TVS Electronics Ltd (down 1.41%), Cigniti Technologies Ltd (down 0.9%), and AXISCADES Technologies Ltd (down 0.66%) moved lower.
The placement concluded on a high note. Key highlights are
Highest Salary was Rs.18 LPA
Average Salary was Rs.5.02 LPA
515 students got placement offers
150+ companies participated in placement 2020
Overall, 95% of students who were eligible and opted for placements have been placed
Top recruiters included Accenture, Adani, Amazon, Berger Paints, BIAL, BlueDart, Croma, Decathlon, Deloitte, Genpact, HDFC, Indigo Airlines, Infosys, ITC, KPMG, L&T Infotech, Nestle, RIL, Spicejet, TCS, Wipro
UPES Placements 2020 Overall: Key Highlights
UPES concluded Placement 2020 for all the programmes, with a positive note with the highest package going at Rs.45 LPA . Key highlights are:
2311 students placed with 2844 offers from top notch companies
Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 443.66 points or 1.74% at 25007.43 at 13:48 IST. Among the components of the S&P BSE IT Sector index, Nucleus Software Exports Ltd (down 5%), Larsen & Toubro Infotech Ltd (down 4.47%),Cigniti Technologies Ltd (down 4.43%),3i Infotech Ltd (down 2.43%),Mindtree Ltd (down 2.31%), were the top losers. Among the other losers were Cyient Ltd (down 2.21%), Tata Consultancy Services Ltd (down 2.19%), Mphasis Ltd (down 2.03%), Infosys Ltd (down 1.92%), and Wipro Ltd (down 1.74%). On the other hand, Aptech Ltd (up 5.99%), KPIT Technologies Ltd (up 5.72%), and Majesco Ltd (up 4.96%) turned up.
At 13:48 IST, the S&P BSE Sensex was down 211.97 or 0.45% at 46662.39.
Read more about Information Technology shares gain on Business Standard. Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 109.14 points or 0.42% at 26175.63 at 09:48 IST.