Indices: Stock market update: Nifty IT index advances 0.92%
The Nifty IT index closed 0.92 per cent up at 37069.25.
Source: indiatimes.com
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The Nifty IT index closed 0.92 per cent up at 37069.25.
Persistent Systems stock ended 1.13% percent higher at Rs 7702.45 on Wednesday against the previous close of Rs 7616.35 on BSE.
The Nifty IT index closed 0.62 per cent down at 36730.5.
Stock splits enhance the liquidity of the company's equity shares and encourage the participation of retail investors by making equity shares of the company more affordable. The valuation of the stock doesnt change and the balance sheet doesn't get affected in this process.
The Nifty IT index was trading 0.29 per cent up at 36833.05.