Stocks of Oil companies such as IOC, BPCL, and HCPL rallied up to 5% percent in morning trade, Thursday, after the govt ruled out its interference in daily revision in oil prices and cut in excise duty.
The share price of Thermax Ltd gained 3.55 intraday Thursday on the back of first EPC order in the GCC region.
India’s second largest software company Infosys Limited has said it has completed the acquisition of Brilliant Basics, a London-based product design, and customer experience (CX) company.
The company further said in its statement that through this acquisition, it expands its world-wide connected network of Digital Studios that are focused on fulfilling the needs of global clients for the end to end digital transformation solutions. The acquisition will further facilitate the digital design services network of the company to include Europe & the Middle East, together augmenting its capability in financial services, retail sectors, and telecom sectors.
Infosys stock has focused total traded volume of 40,20,343 shares and traded value of Rs. 35,455 lakh on NSE, post lunch hours today.
The Equity Market has opened marginally higher for the last trading day of this week. Nifty has opened at 9932 marks, higher 15 points, while Sensex opened near 60 points up with 31778 marks. Nifty was closed at 9956 level with gains of 39 points and Sensex was up 84 points at 31730 on Thursday.
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Domestic markets have opened lower further jolted by North Korean missile test over Japan. After opening lower, Banking shares, Auto, Power, IT, Metal, Pharma and Realty shares have seen in selling under pressure, and contribute to losses in the market.