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ET Bureau “The expectation was that Mindtree’s revenue in dollar terms would be about 4-5% but it has reported 7.7% growth. Wipro also moved up along with midcaps; the hope in the market is that others may also outperform like Mindtree,” said Neerav Dalal, research analyst at Maybank Kim Eng Securities. “Infosys will move up but the midcaps have already moved up; so they are likely to cool off. Any dip in midcap IT stocks, Infosys and Wipro will be bought into. I would want to wait and see whether others also show the same outperformance,” said Dalal. Brokerages have a mixed view on...

Happiest Minds Technologies rose 2.73% to Rs 790.40 after the company said that it has entered in to a strategic partnership with Yotta Infrastructure to deliver hyperscale colocation and managed IT services. The partnership enables Happiest Minds Technologies to deliver scalable, flexible, and quality data center and cloud services. This joint solution provides a unique proposition for end customers, thereby creating new business opportunities. Yotta Infrastructure, a Hiranandani group company, is a new-age managed data center provider. The company caters to both wholesale and retail coloca...

Nifty, Sensex may remain subdued – Wednesday closing report Moneylife Digital Team  0 We had mentioned in Tuesday’s closing report that Nifty, Sensex rally may pause for a breath. On Wednesday, the indices opened lower and suffered a minor loss. On the NSE, there were 1,097 advances, 860 declines and 68 unchanged.   The trends of the major indices in the course of Wednesday’s trading are given in the table below:     Indian Oil Corporation net profit rose 78.6% YoY to Rs 8,781 crore against Rs 4,916.6 crore. Sales grew barely to Rs 1.19 lakh crore from Rs 1.18 lakh crore YoY.    ...

Explore Now Nifty futures on the Singapore Exchange traded 179 points, or 1.23 per cent, higher at 14,686.50, signalling that Dalal Street was headed for a positive start on Friday. Here are a dozen stocks which may buzz the most in today's trade: L&T, DRL and Cipla: Larsen & Toubro, Dr. Reddy's Laboratories Cipla, Balkrishna Industries, Macrotech Developers, Aditya Birla Capital, Oberoi Realty, Escorts, SKF India and Cholamandalam Finance Holdings are among companies that will announce their March quarter results today. Vedanta: Anil Agarwal's metal and mining firm reported a consolidated p...

Read more about Happiest Mind Q4 PAT falls 14% QoQ to Rs 36 cr on Business Standard. The IT company's consolidated net profit fell 14.5% to Rs 36.05 crore on 14.5% increase in revenue to Rs 220.71 crore in Q4 FY21 over Q3 FY21.