After a hectic five days, domestic markets started the new week on a subdued note on Monday and ended slightly lower. In today’s trade, shares of IndiGo, Mphasis, IRB Infra, Raymond, BPCL among others will be in focus due to various news developments. IndiGo InterGlobe Enterprises, one of the promoters of IndiGo, is planning to … Read more
“A lot of this is driven through everything we talked about in the last few quarters, the focus on in-account actions, extreme amount of focus on investing in relevant tech solutions, infusing a lot of tech and AI into these solutions to actually create a differentiation,” says Nitin Rakesh, CEO, Mphasis.Meanwhile, Manish Dugar, CFO, Mphasis … Read more
Hoping to see a turnaround of fortunes in FY25, foreign institutional investors (FIIs) raised stakes in TCS, Infosys, HCL Tech, Wipro, Coforge and Persistent Systems in the March quarter. But as the macro environment remains uncertain with further challenges in the short run, dollar money is now having second thoughts. In the first fortnight of … Read more
HDFC Large and Mid Cap Fund mutual fund scheme formerly known as the HDFC Growth Opportunities Fund has given an extended internal rate of returns (XIRR) of over 27% in the last five years. This means that an investment of Rs 10,000 via monthly systematic investment plan (SIP) route would have nearly doubled and turned … Read more
Indian market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.45% at 22015 levels on Thursday. India VIX was down by 1.36% from 15.44 to 15.23 levels. Volatility has been cooling down from the last three sessions and giving comfort to the bulls at … Read more
Brokerage firm UBS upgraded Infosys and downgraded Wipro ahead of the December quarter results. JPMorgan upgraded TCS, Infosys as well as HCL Technologies. JPMorgan upgraded Tata Motors to overweight.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on IT sector: Infosys, Wipro, TCS and HCL TechnologiesUBS upgraded … Read more
