
Sensex closed at 59,126.36, down 286.91 points or 0.48%, while Nifty dropped 93.15 points or 0.53% to 17,618.15

Gartner’s estimates that outsourced IT services spend are likely to grow at an 8.6% CAGR over 2020-25.

The BSE Sensex has been on a rising journey since the Covid lows of March 2020

The broader markets were trading with strong gains in early trades. The BSE MidCap index advanced 120 points & BSE SmallCap jumped 192 points.

Rohit Singre of LKP Securities is positive on Deepak Nitrite with a target price of Rs 2,420/2,480.

The S&P 500 index and the Dow Jones Industrial Average advanced, but the Nasdaq Composite closed lower.

MACD is a momentum oscillator which is developed by Gerald Appel to indicate momentum.

NBCC (India) jumped 3.52% to Rs 48.50 after the company said it has hiked project cost to Rs 1,942 crore to build various land parcels.

Godrej Properties announced that it has entered into an agreement to redevelop a land parcel in the upscale neighbourhood of Wadala, Mumbai.

Sensex ended 410.28 points or 0.68% lower at 59,667.60, while Nifty declined 106.50 points or 0.60% to 17,748.60