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Sensex nears 74k
Markets maintain momentum for 4th day; However, selling pressure in telecom, IT and tech stocks capped the upside
Charts indicating indecisiveness
For the bulls now, 50 day SMA or 72,400 (Simple Moving Average) could be the sacrosanct support level
This short 3-day week to make markets extra volatile
Traders and investors were shaken looking at the intraday volatility, where markets opened positive and then turned negative and vice versa
Top-5 cos lose Rs 1.97 L-cr mcap
TCS, Infosys, Accenture, HUL, LIC, HDFC Bank among losers
Renewed FII outflows pull indices back in red
Sensex, Nifty tank 1% amid slump in TCS, foreign fund outflows as BoJ rate hike stokes inflation concerns; All indices under pressure; Mcap on BSE at...
9 in 10 Indian recruiters plan new or replacement hiring in next 6...
Around nine in 10 recruiters in India are expecting either new or replacement hiring to happen over the next six months, as the white-collar job...
Client base at mid-tier IT cos remains intact
However, volume of work declined in last 2 qtrs owing to low IT spending by enterprises
IT hiring picks up as mid-tier firms recruit
However, large IT firms remain cautious; Hikes & bonuses likely to remain soft in 2024
