The market traded higher after yesterday's sharp fall, with the Sensex rising around 100 points despite mixed trend in Asian peers.
The Nifty Midcap underperformed frontliners while IT index outperformed every indices, rising more than 1.5 percent on sharp depreciation in the rupee yesterday.
The rupee recouped some of previous day's losses, trading 12 paise higher at 68.30 a dollar. Yesterday, it had corrected 38 paise to close at 68.42 a dollar.
The 30-share BSE Sensex gained 114.95 points at 34,459.86 and the 50-share NSE Nifty rose 23.70 points to 10,454.10.
About 985 shares advanced against 542 declining shares on the BSE.
LTI, earlier known as Larsen & Toubro Infotech, share price gained more than 3 percent after it posted a sequential rise of 6.2 percent in revenue in the fourth quarter, led by broad-based growth across all businesses.
LTI reported revenue of Rs 20,012 million, and net income of Rs 2,894 million, a growth of 2.3 percent from the previous quarter.
"It has been a very satisfying quarter and year. Digital revenue rose 42 percent year-on-year,” Sanjay Jalona, Chief Executive of LTI, said in a telephonic interaction with Moneycontrol.
Jalona continues to see digital driving growth at the company. Digital revenues accounted for 33 percent of the overall revenue in the year.
Missed call
@8817002233,WHATSAPP NO. 8602780449
Mail Us =
starindiamarket@gmail.com
No comments:
Post a Comment