Getty ImagesShares of MphasiS Ltd.(up 0.52 per cent), Persistent Systems Ltd.(up 0.49 per cent), LTIMindtree Ltd.(up 0.4 per cent) and Coforge Ltd.(up 0.32 per cent) ended the day as top gainers in the pack.
On the other hand, Tech Mahindra Ltd.(down 1.33 per cent), Infosys Ltd.(down 1.16 per cent), Tata Consultancy Services Ltd.(down 1.0 per cent), L&T Technology Services Ltd.(down 0.61 per cent) and Wipro Ltd.(down 0.35 per cent) finished as the top losers of the day.
The Nifty IT index closed 0.65 per cent down at 30717.7.
Benchmark NSE Nifty50 index ended down 48.2 points at 19395.3, while the BSE Sensex stood down 143.41 points at 64832.2.
Among the 50 stocks in the Nifty index, 21 ended in the green, while 29 closed in the red.
Shares of YES Bank, JP Power, Reliance Power, Vodafone Idea and Zomato were among the most traded shares on the NSE.
Shares of IndiaPowerCorp, AMJ Land Holdings, GeeCee Ventures, KPI Global Infra and Acrysil hit their fresh 52-week highs in today's trade, while HP Adhesives, Compuage Infocom, Shree Ram Proteins, Lords Chloro and Winsome Yarns hit their fresh 52-week lows.
Thursday, 09 Nov, 2023
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Hello Tata, Goodbye Wistron: Anatomy of a Takeover DealThe Tata Group’s acquisition of Wistron’s manufacturing facility, which will make it the first Indian firm to assemble iPhones, is worth a total $750 million inclusive of debt, said people with knowledge of the matter. Both sides signed the takeover deal on Wednesday, they said.
India Graduates Summa cum Laude, Beats China GradesIndia has edged out Mainland China to become the most represented country in the QS World University Rankings: Asia 2024 for the first time ever, reflecting its higher education system’s rising prominence amid steps taken towards increasing research output, academic recognition and internationalization.
Religare Rebels Against Burmans’ TakeoverThe independent directors of Religare Enterprises Ltd (REL) have written to regulators such as RBI, Sebi and the insurance watchdog, levelling allegations of fraud and other breaches against the Burman family, which had made an open offer in September to acquire control of the company.
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