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Mutual Benefit Group Takes a Bold, Major Step in Digital Transformation, Migrating Remaining On-Premises Core Systems to SaaS for Increased Speed to Market and Operational Agility

Mutual Benefit Group Takes a Bold, Major Step in Digital Transformation, Migrating Remaining On-Premises Core Systems to SaaS for Increased Speed to Market and Operational Agility
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Information Technology stocks slide

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 249.25 points or 0.97% at 25407.09 at 13:48 IST. Among the components of the S&P BSE IT Sector index, Brightcom Group Ltd (down 3.99%), Nucleus Software Exports Ltd (down 3.77%),3i Infotech Ltd (down 3.72%),Larsen & Toubro Infotech Ltd (down 3.16%),Datamatics Global Services Ltd (down 3.05%), were the top losers. Among the other losers were Accelya Solutions India Ltd (down 2.75%), eClerx Services Ltd (down 2.13%), KPIT Technologies Ltd (down 1.98%), Aptech Ltd (down 1.78%), and TVS Electronics Ltd (down 1.73%). On the other hand, Intellect Design Arena Ltd (up 7.79%), NELCO Ltd (up 7.26%), and Indiamart Intermesh Ltd (up 5.42%) turned up.

Information Technology shares rise

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.

Information Technology stocks slide

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.

Information Technology shares gain

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.

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