This small-cap IT gem skyrockets by 49 per cent in the past month! Do you own it?
This small-cap IT gem skyrockets by 49 per cent in the past month! Do you own it?
Soaring to new heights: This company hits a new 52-Week high today, exhibiting impressive growth in Q4FY23.
Soaring to new heights: This company hits a new 52-Week high today, exhibiting impressive growth in Q4FY23.
These IT companies have given maximum returns in the last one year; do you have any?
Nifty IT index is down by 17 per cent, however, these IT companies bucked the trend.
Nifty IT index is down by 17 per cent, however, these IT companies bucked the trend.
Shares of this IT company touched 20 per cent upper circuit level. Do you own it?
The stock has shown good traction this year, with the company giving more than 85 per cent returns to its investors on an annual basis and more than 45 per cent in the last 6 months
The company informed the exchange, through its press release, that it has sold 5.45 per cent of its equity holding in Dev Accelerator Pvt. Ltd. ( DevX) , a managed co-working space business, at a valuation of 104 crore.
Despite all odds, these IT sector multibaggers have skyrocketed up to 888 per cent so far this year!
Here is a list of the top IT sector multi-baggers that have more than doubled investors' wealth!
Here is a list of the top IT sector multi-baggers that have more than doubled investors' wealth!
Stocks below Rs 100: Only buyers seen in these scrips on September 27
The FIIs sold equity worth Rs 5,101.3 crore on Monday (September 26) while the DIIs bought equity for a net worth of Rs 3,532.18 crore.
At 11.30 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading flat after opening on the higher side in the pre-market session. This is majorly due to the IT stocks rally that took place on Monday in the US markets. The rupee has now officially crossed the significant 80-mark and is now trading at Rs 81.38 per USD.
Stocks below Rs 100: Only buyers seen in these scrips on September 23
The FIIs sold equity worth Rs 2,409.55 crore on Thursday (September 22) while the DIIs bought equity for a net worth of Rs 263.07 crore
At 11.30 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 are seen extending their losing streak in the morning, owing to weak global cues.
Stocks below Rs 100: Only buyers seen in these scrips on September 16
The FIIs sold equity worth Rs 1,270.68 crore on Thursday (September 15) while the DIIs bought equity for a net worth of Rs 928.86 crore.
At 12.30 pm on Friday, the headline equity indices, i.e. Sensex and Nifty 50 were trading lower by a per cent as the markets seem to accommodate the upcoming rate hike by US Federal Reserve amongst recession fears.
Stocks below Rs 100: Only buyers seen in these scrips on September 14
The FIIs bought equity worth Rs 1,956.98 crore on Tuesday (September 13) while the DIIs sold equity for a net worth of Rs 1,268.43 crore.
At the time of market closing on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 recovered smartly from the opening lows.
Multibagger Update: These IT stocks gained up to 990 per cent in five years; do you own any?
The S& P BSE Information Technology index has gained 178.12 per cent in the past five years and Nifty IT has surged by 162.77 per cent respectively.
The global brokerage firm Nomura has maintained a cautious stance on the IT services sector and expects a significant moderation in the revenue growth rate of the Indian IT companies in FY24 vs FY23.
Overnight Digest: Stocks likely to be in focus on July 12
The top Nifty gainers made up of Eicher Motors, ONGC, Tata Steel, M&M and Dr Reddy's Labs while Bharti Airtel, TCS, HCL Technologies, BPCL and Infosys were among the biggest losers.
On Monday, the Indian equity markets kept an eye on the quarterly results. The weak start of IT earnings lowered the sentiments which made benchmark indices start the session on a negative note.
July may be a turnaround month for Nifty IT index; heres why!
Hence, don’t be surprised if you see Nifty IT index roaring like a lion
Once a darling of investors but now an evil, it’s the saga of Nifty IT sector, which lost nearly 25 per cent in the last Q2 of the calendar year 2022. Moreover, on a YTD basis, it shed as much as 28 per cent.
Overnight Digest: Stocks to be watched on June 14
Bajaj Finserv, Bajaj Finance, Tech Mahindra, IndusInd Bank, and Hindalco Industries were among the top Nifty losers while gainers included Nestle India & Bajaj Auto.
The markets crashed with full force at the beginning of the week while the key equity indices fell below their crucial levels, experiencing heavy selling pressure. The global markets corrected due to worries over upcoming policy rate hikes and cuts to the central bank’s balance sheet.