The Nifty IT index had shed 3% on Wednesday ahead of the US Fed policy decision. Here are the key pivot points to track on top IT stocks with potential upside and downside targets as per charts.
Posts in category Business Standard
Ceigall India spurts on bagging orders worth Rs 2,499 cr (18-09-2024)
Ceigall India advanced 4.68% to Rs 394.45 after the company said that it has emerged as lowest bidder (L1) for two projects in Uttar Pradesh for an aggregate value of Rs 2,498.5 crore.
India’s exports slide 2.40% on year in August, imports jump 3.45% (18-09-2024)
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Reliance Infra rises 8% on paring debt, resolving power business dispute (18-09-2024)
Reliance Infrastructure has cleared its dues to LIC, Edelweiss Asset Reconstruction Company, ICICI Bank, Union Bank, and other lenders, apart from resolving disputes related to the transfer of its Mum
India overtakes China for first time ever in key MSCI equities index (18-09-2024)
India’s weight in the MSCI investible large-, mid- and small-cap index has risen to 2.35 per cent, greater than China’s weight of 2.24 per cent, Morgan Stanley said in a note on Tuesday
REC shares gain over 3%: Here’s what’s fueling the ‘Maharatna’ stock today (18-09-2024)
REC shares have doubled the investors’ money in the last one year with a surge of 121.09 per cent during the said period
DCM Shriram Industries gains 4% as BSE issues clears merger proposals (18-09-2024)
In August 2023, DCM Shriram Group approved a scheme of arrangement involving amalgamation of Lily Commercial Pvt. Ltd. with DCM Shriram Industries Ltd.
Mphasis, Infosys fall up to 6%, Nifty IT 3% ahead of Fed rate cut decision (18-09-2024)
The fall in IT stocks may also be attributed to a report which says Accenture Plc is planning to push back the bulk of its staff promotions by six months
Reliance Infra gains after paring debts to Rs 475 crore (18-09-2024)
Reliance Infrastructure rallied 5.90% to Rs 249.55 after the company announced significant progress in settling its outstanding debts from Rs 3,831 crore to Rs 475 crore.
GPT Infra bags construction contract from South Eastern Railway (18-09-2024)
GPT Infraprojects said that it has bagged a contract worth Rs 204 crore for construction of road over bridge from CAO Construction, South Eastern Railway, Kolkata.