The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.
Posts in category Business Standard
Barometers trade with major gains; metal shares shine (10-09-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, jumped 575.49 points or 0.71% to 82,135.03. The Nifty 50 index gained 170.65 points or 0.68% to 25,107.05.
Volumes spurt at Prism Johnson Ltd counter (10-09-2024)
Prism Johnson Ltd notched up volume of 266.27 lakh shares by 14:14 IST on NSE, a 10.99 fold spurt over two-week average daily volume of 24.23 lakh shares
Mphasis opens Innovation Centre in London (10-09-2024)
For developing cutting-edge Quantum Computing and AI solutions
NSE launches new thematic index: Nifty Capital Markets (10-09-2024)
The Nifty Capital Markets Index tracks the performance of stocks from the Nifty 500 Index that are relevant to the capital market theme. The index includes companies from basic industries such as asset management companies, exchanges and data platforms, stockbroking & allied services, depositories, clearing houses, financial products distributors, ratings, and other capital market-related services.
GNFC, ITI, ACE among 8 smallcap stocks testing long-term averages on charts (10-09-2024)
ACE is seen testing its 200-DMA after 2 years, while TMB after 5 months; rest of the smallcap stocks were consolidating around the 200-DMA for more than a month now; check bullish, bearish stocks here
Board of Welspun Living approves investment of Rs 1.15 cr in Welspun Bhargavi (10-09-2024)
At meeting held on 10 September 2024
Upcoming IPO alert! Influx Healthtech files DRHP with NSE Emerge; details (10-09-2024)
The Influx Healthtech IPO comprises a fresh issuance of 46,32,000 equity shares, and an offer for sale of up to 13,68,000 equity shares, each with a face value of Rs 10
SJVN surges after inking pact with for development of Upper Karnali HEP in Nepal (10-09-2024)
SJVN jumped 5.42% to Rs 133.15 after the company announced the signing of an MoU with GMR Upper Karnali Hydro Power and IREDA for development of Upper Karnali Hydro Electric Project (900 MW) in Nepal.
SJVN signs MoU for 34% stake in Rs 9,100 cr Upper Karnali HEP in Nepal (10-09-2024)
SJVN (the company), GMR Upper Karnali Hydro Power (GMR) and IREDA has signed a MoU for development of Upper Karnali Hydro Electric Project (900 MW) through JV Company in Nepal.