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Read more about IT shares in focus; Wipro, Coforge, Mindtree, Mphasis hit new highs on Business Standard. Mastek, Intellect Design Arena, Sasken Technologies, Newgen Software Technologies, Nucleus Software Services and Sonata Software were up in the range of 5 per cent to 11 per cent in intra-day deals
Markets witnessed a lacklustre trade on the day of the weekly F&O expiry as consistent rise in Covid-19 cases kept investors on the fence. The sudden and steep surge in the number of coronavirus cases has swamped the health system, which seemed to have collapsed. Given this, Fitch Solutions has cut India's FY22 GDP growth forecast to 9.5 per cent that further kept investment activity in check. That said, March quarter results did lead to a sharp, stock-specific movement in select counters. The benchmark S&P BSE Sensex swung within a band of 400 points today, hitting a high and low of 49,011 ...