INSUBCONTINENT EXCLUSIVE:
Tech Mahindra, Infosys, Wipro, HCL Technologies and TCS have rallied 0.9-2.6 percent each
Since 1:35 pm, the Sensex is trading at 52,337.75, greater by 4 points and the NSE Nifty is at 15,740, down 2 points
The mid- and small-cap shares are outperforming their bigger peers; the BSE MidCap index has advanced 0.3 percent and the BSE SmallCap index
has actually risen 0.4 per cent.In the currency markets, the rupThe benchmarks indices are trading essentially the same this afternoon as
gains in infotech stocks are being balanced out with losses on the financial countersee has inched higher versus the US dollar amidst strong
dollar overseas and suppressed domestic equity markets
At the interbank foreign exchange, the rupee opened at 72.78 versus the dollar and inched approximately touch 72.77 in early deals, signing
up an increase of 3 paise over its previous close.On the stock-specific front, Infosys has actually gotten more than one percent on the news
that it has actually bagged a digital technology agreement from the US-based Archrock
Tech Mahindra, Infosys, Wipro, HCL Technologies and TCS have actually rallied in between 0.9 and 2.6 percent each on the BSE
ITC, Maruti Suzuki and Bajaj Financing are the other considerable gainers amongst the BSE names.And Paramal Enterprises has skyrocketed more
than 6 percent as the Piramal Group has gotten nod for its DHFL resolution plan.On the flipside, monetary stocks are having a rough ride,
with Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, Axis Bank and State Bank of India losing 1-2 percent each.The BSE market breadth is
Out of 3,265 stocks traded on the BSE, there are 1,761 advancing stocks as against 1,371 decreases.
