Indices: Stock market update: Nifty IT index falls 1.03%
The Nifty IT index closed 1.03 per cent down at 30530.5.
Source: indiatimes.com
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Mphasis investors choose to overlook near-term concerns
Slower-than-expected deal ramp-ups kept sequential constant currency revenue growth flat during Q2FY24, missing analysts’ estimates. A relatively higher exposure to mortgage businesses has been the Achilles heel for Mphasis.
Source: livemint.com
Indices: Stock market update: Nifty IT index falls 0.58% in a weak market
The Nifty IT index was trading 0.58 per cent down at 31288.25.
Source: indiatimes.com
Mphasis Share Price: Mphasis shares gain 0.69% as Sensex falls
On the technical charts, the RSI of the stock stood at 27.72.
Source: indiatimes.com
rec: Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 38%
Though the total number of stocks which have seen a consistent improvement in their overall score have come down. As compared to a basket of around 15 to 18 stocks, overall numbers of stocks have come down to 10. It is an indication of volatile markets of the last four weeks showing its impact on the result of quantitative investing models. In one case, while the score has improved, overall recommendation remains as a “sell”. The stocks from sectors like new age platform companies, capital goods, have come to the list. The selected stocks depict a strong upward trajectory in their ...
Source: indiatimes.com