IT stocks were the top BSE Sensex contributors in today's upbeat trade. Out of 30 Sensex stocks, the top three gainers were Tech Mahindra, HCL Technologies and Infosys.
BSE Sensex and Nifty 50 are expected to open in the positive territory on Wednesday, as suggested by trends in SGX Nifty. Nifty futures were trading 40.50 points or 0.28 per cent up at 14,641 on Singaporean Exchange.
Tata Consultancy Services (TCS) share price jumped 3.5 per cent to hit a fresh 52-week high of Rs 3,230 apiece on BSE today, following better-than-expected October-December quarter results for the fiscal.
Share Market News Today | Sensex, Nifty, Share Prices Highlights: India VIX, or the volatility index of domestic markets, ended 8.57% on Monday, while broader markets underperformed.
Indian share markets were trading firm on Thursday after a one-day blip, with NSE Nifty 50 and Nifty Next 50 indices hitting 52-week highs, surging to 14,256.25 and 34,138.75 points, respectively
Trends on SGX Nifty suggested a positive opening for BSE Sensex and Nifty 50 on Thursday. Nifty futures were trading 85 points higher at 14,265 on Singaporean Exchange.
Information Technology (IT) firms such as TCS, HCL Technologies, Infosys, Wipro, among others hit their respective 52-week highs in an otherwise weak trading session today
Although the October-December quarter is a seasonally weak one, Kotak Securities believes this year will be different owing to strong momentum in digital spends, large deal wins, and lower than expected furloughs.