Result Analysis: Persistent Systems Limited (CMP: Rs.4440) Result Update: Q4FY23 Persistent Systems Ltd. is a software solution provider company catering to mainly three segments namely Technology Services, Banking, Financial Services and Insurance (BFSI), and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things,…
NIFTY: The NIFTY opened at 17767.30 without much of a gap. However, the index started drifting downwards from its opening tick but found intraday support before reaching 17700. Prices have recorded its intraday low at 17711.20 and started moving higher. The rally was modest and continued for the…
View on market: Stay Cautious, be with quality business: Asian markets are set to decline for a fifth day after U.S. shares dropped on Wednesday as concern over American regional banks outweighed better-than-expected technology earnings. Equity futures in Japan, Australia and Hong Kong are all lower, placing a…
NIFTY: The NIFTY opened at 17761.55 with a gap up of just 18 points. The index initially moved lower for the first few minutes of trading and then bounced up. Prices have recorded its intraday low at 17716.85 and saw a sharp intraday rally towards 7800. The index…
View on market: Stay Cautious, be with quality business: Asian markets are poised to decline after U.S. benchmarks slid on Tuesday as fears of a banking crisis resurfaced. Contracts for equity indexes in Japan, Australia and Hong Kong all declined after the S&P 500 slid 1.6% on Tuesday…
Result Analysis: IndusInd Bank Limited (CMP: Rs.1102) Result Update: Q4FY23 IndusInd Bank is one of the fastest growing private bank in India engaged in providing a wide range of banking products and financial services to corporate and retail clients. It is the fifth largest private bank in India…
NIFTY: The NIFTY opened at 17707.55 with a gap up of 103 points. The index did not sustain at the higher levels and started drifting downwards from the opening tick. Prices have filled the gap and then found support there. The index recorded its intraday low at 17612.50…
View on market: Stay Cautious, be with quality business: Stocks in Asia are set for a muted opening after U.S. shares drifted as investors digested mixed corporate earnings and economic data. Contracts for equity benchmarks in Japan advanced, while those in Australia also climbed although the country’s equity…
Result Analysis: Reliance Industries Limited (CMP: Rs.2349) Result Update: Q4FY23 Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. It operates in multiple industries, including refining and petrochemicals, oil and gas exploration and production, retail, telecommunications, and media. The company is a…
Result Analysis: HCL Technologies Limited (CMP: Rs.1048) Result Update: Q4FY23 HCL Technologies Limited is the leading IT solutions provider in India and across 54 countries globally. The company is engaged in providing a range of software development services, business process outsourcing services and information technology (IT) infrastructure services.…