The current price action of these three stocks needs breakout to gain further traction, suggest charts
HCL Tech (up over 5 per cent), L&T, Tech M, Hindalco, Wipro, UPL, HDFC Bank, and ITC were the top gainers
Infosys now expects its revenue to grow by 14-16 per cent in FY22, up from the earlier estimate of 12-14 per cent in FY22.
L&T Technology Services (LTTS) reported an 84 per cent YoY jump in its June quarter net at Rs 216.2 crore, largely on widening margins
'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh
Here are the top stories of the day
Infosys said it is focused on "expeditiously" resolving issues related to the new income tax portal and termed it as the "single largest priority" for the company at the moment.
The company's Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 per cent YoY, as against Rs 23,665 crore posted in the June quarter of FY21
In the primary market, the Rs 9,300-crore initial public offer (IPO) of Zomato was subscribed 57 per cent till 3:30 PM on the first day of the issue
ICRA has upgraded credit rating for the bank facilities of Barbeque-Nation Hospitality
News about Zomato's share allotment and what analysts are saying about Infosys's Q1 results later today.
Infosys' outlook will be key to watch, with many brokerages penciling in a rise in the company's FY22 revenue guidance
A host of activities have been stalled on the upgraded e-filing portal; banks seek undertaking from customers for overseas payment
Earlier today, senior Congress leader Shashi Tharoor had slammed the Centre over the reported glitches in the new Income Tax portal
Nilekani, co-founder and non-executive chairman of Infosys has been included in a 9-member advisory council
The m-cap of Tata Consultancy Services zoomed Rs 30,961.06 crore to Rs 12.50 trillion, the most among the top-10 firms
A strong operational performance by Accenture during Q3FY21 in its outsourcing vertical sets the tone for an upcoming earnings season for the Indian IT service companies, Edelweiss Research said
The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790
Infosys has proposed to buy back shares at a maximum price of Rs 1,750 per share
Infosys CEO S D Shibu Lal was appointed chairperson of a three-member task force formed to help the government in bringing major bureaucratic reforms through its ambitious "Mission Karmayogi".