Result Analysis: Tech Mahindra Limited (CMP: Rs.1,004) Result Update: Q4FY23 Tech Mahindra is one of the leading provider of consulting-led integrated portfolio services to customers around the globe. It also provides comprehensive range of IT services, including IT enabled services, application development and maintenance, consulting and enterprise business…
Result Analysis: Bajaj Finance Limited (CMP: Rs.6055) Result Update: Q4FY23 Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is a non-banking finance company (NBFC) which is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial…
NIFTY: The NIFTY opened at 17813.10 without any gap. The index started moving higher from its opening tick and recorded its intraday low at 17797.90. Prices have seen a sharp intraday rally throughout the day. Minor dips in between found support quickly and the index went above 17900…
View on market: Stay Cautious, be with quality business: Asian equity markets were poised to rise after solid earnings from technology companies led to gains on Wall Street, offsetting the impact of a report showing slowing U.S. economic growth and higher-than-forecast inflation that caused treasuries to dip. Futures…
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…