Persistent Systems share price plunged over 7%, while L&T Technology Services share price was flat in early trade on Friday after the IT services companies reported their Q1 results. Both the Tier-II IT players announced their Q1 results on Thursday, July 18, along with IT major Infosys. Persistent Systems’ net […]
Persistent Systems
In recent sessions, the Indian market struggled to sustain its bull run until TCS’s results provided a much-needed catalyst, setting a positive tone for the earnings season. Additionally, expectations of a Fed rate cut have further fueled the rally. The healthy numbers by the TCS for the June ending quarter […]
Following a stellar performance in June with a double-digit gain, the Nifty IT index kicked off July on a strong footing as investor expectations grew that the U.S. Federal Reserve would cut interest rates in September. Amid this optimism, the Nifty IT index jumped 2.6% to 37,093 points in today’s […]
The Sensex began 96.95 points higher at 77,434.54, while the Nifty 50 gained 21.40 points to 23,537.40. The opening levels revealed a restrained but optimistic mood among traders, with predictions of sectoral performance shaping early trading patterns. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that the […]