Getty ImagesShares of Infosys(up 3.67 per cent), HCL Technologies(up 1.17 per cent), Wipro(up 0.47 per cent), Persistent Systems(up 0.43 per cent) and Tech Mahindra(up 0.41 per cent) ended the day as top gainers in the pack.
On the other hand, LTIMindtree Ltd(down 2.6 per cent), L&T Technology(down 0.72 per cent) and MPhasis(down 0.02 per cent) finished as the top losers of the day.
The Nifty IT index closed 1.06 per cent up at 31371.15.
Benchmark NSE Nifty50 index ended up 37.8 points at 19749.25, while the BSE Sensex stood up 205.21 points at 66795.14.
Among the 50 stocks in the Nifty index, 19 ended in the green, while 30 closed in the red.
Shares of Vodafone Idea, YES Bank, Reliance Power, PNB and Suzlon Energy were among the most traded shares on the NSE.
Shares of Anmol India, We Win, Ganesh Housing, Dreamfolks Services and SMS Pharma hit their fresh 52-week highs in today's trade, while Quality Foils(India, Cell Point(India), Uravi T and Wedge, Bombay Metrics Suppl and Aartech Solonics hit their fresh 52-week lows.
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Bulls Extend Record Run, Ignore Asia, Europe BearsIndian equity gauges Monday soared to fresh highs after shrugging off concerns of tepid Chinese growth as robust earnings at HDFC Bank, which dwarfed Morgan Stanley in market value on the first day of trading as a merged entity, helped extend the recent bullish momentum paced by sustained overseas buying in domestic risk assets.
India Inc Likely to ‘Ad’ 20-25% to its H2 Spends this YrAdvertising and consumer promotion expenditure is expected to surge a record 20-25% year-on-year in the second half of 2023, spurred by factors such as the Cricket World Cup, a rainy summer that has led companies to postpone ad spends, and the festive season, said executives.
Dunzo Eyes $20m More from Rel RetailDunzo is seeking at least $20 million (about ₹165 crore) more from Reliance Retail, its largest shareholder, after the cash-strapped quick commerce startup fell short of its target to raise $75 million by offering convertible notes, people aware of the discussions said.
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