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Indian shares opened on a flat note Monday, tracking muted cues from global markets. The benchmark S&P BSE Sensex was down 20 points at 66,040 while the broader NSE Nifty index was up 4 points at 19,568.
BENGALURU (Reuters) - Indian design and technology services firm Tata Elxsi on Monday posted its smallest rise in profit in 15 quarters.
JPMorgan has a target of Rs 4,100 for Persistent Systems, Rs 4,600 for Tata Elxsi, Rs 2,900 for L&T Technology and Rs 540 for KPIT Technologies.
The Nifty IT index was trading 0.23 per cent up at 29798.05.
This is the highest purchase by fund managers in a single quarter, based on the average price of shares traded during the period.