IT stocks are in focus as Wipro is scheduled to announce its Jul-Sep quarter earnings today, while Infosys and HCL Technologies will announce their corporate results on October 14 and October 16, 2020, respectively.
Out of 10 Nifty IT index stocks, 9 scrips were trading with gains with L&T Infotech, Coforge and Infosys too at fresh 52-week highs. IT stocks outperformed the equity benchmarks last week where BSE Sensex and Nifty 50 gained
ICICI Lombard, Coffee Day Enterprises, Granules India, Hathway Cable, HCL Technologies, Britannia Industries are among 32 companies that scheduled to announce their quarterly earnings later in the day today.
IT company HCL Technologies today said it has signed an agreement to acquire all the business of Geometric Limited in an equity swap deal. The acquisition, however, excludes the 58 per cent stake that Geometric owns in a joi