News for Cigniti Technologies Limited (CIGNITI.BO)

Adani Ports, Power Grid, Mahindra & Mahindra, NTPC lead Nifty 50 gainers; Bajaj Finance, HDFC Bank lag behind.

Brokerage Motilal Oswal Financial Services expects Tier II companies to continue to outpace Tier I firms in growth during the quarter

The IT stock ended flat at Rs 9449.85. Market cap of the firm fell to Rs 63,181 crore on Friday.

Stocks including Reliance Industries, Adani Enterprises, Vodafone Idea, Ola Electric, Reliance Power, Senores Pharma and more will be in the spotlight on Monday, December 30.

On Friday, the IT stock hit its record high of Rs 9798.60. Later, the stock saw profit-booking and closed 2.99% lower at Rs 9369.55 on BSE.

Buzzing stocks, stocks to watch: Reliance Industries, Vedanta, Sterling & Wilson RE, Ola Electric, CoForge, Insurance stocks, Ultratech Cement, Granules, Aurobindo Pharma, Vakrangee, Fortis Healthcare, Piramal Enterprises, IFCI, SRM Contractors

Indian markets rallied Monday on BJP's Maharashtra election win, with Sensex gaining 992.74 points to 80,109.85 and Nifty rising 314.65 points to 24,221.90. Analysts noted improved sentiment as Nifty crossed 21 EMA, with bullish RSI signals.

Sensex, Nifty, updates on November 21, 2024: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for November 21, 2024.

Indian benchmark equity indices gained during a special one-hour "muhurat" trading session on Friday, marking the Diwali festival, driven by auto stocks boosted by positive monthly sales data.

Indian benchmark equity indices declined for the fourth straight session, dragged by Hindustan Unilever's missed profit estimates and foreign fund outflows. Analysts note that the Nifty has declined over four sessions and appears oversold, suggesting a potential pullback to 24,550–24,600.

Coforge Ltd. clocked growth that beat estimates in July-September 2024, as synergies from a critical acquisition started paying off. Consolidated revenue from operations of the Noida-based IT services firm rose 27.6% over the previous three months to Rs 3,062 crore in the quarter ended Sept. 30, according to an exchange filing Tuesday. That compares with the Rs 2,713-crore consensus estimate of analysts tracked by Bloomberg.

IT company Coforge on Friday bought a 17 per cent stake in Cigniti Technologies for Rs 645 crore through open market transactions.

Bank of Maharashtra: Care Ratings has assigned CARE AA+ rating to the bank's Rs 1,000 crore Tier II Bonds and suggested a stable outlook. It reaffirmed its rating and outlook for three other Tier II bonds amounting to Rs 3,600 crore.

Buzzing Stocks Today, Stocks that will see action today: June 26, 2024 - Zee, Sanghi Cement, Ambuja Cements, , UltraTech Cement, NTPC, CE Info Sys, Tech Mahindra, Coforge, Cigniti, Alkem La, Mindspace REIT, M&M Financial, Punjab & Sind Bank, Vishnu Prakash, Time Technoplast, Gulshan Polyols, Inventure Growth, RattanIndia Enterprises

Also gives nod for Mitsui’s stake buy in Sneha Farms

Titan Company, Adani Green Energy, Britannia Industries, Godrej Properties, MRF, JSW Infra, MRPL and Tata Technologies are among the companies which will announce their March quarter results later today.

Q4 results today: Adani Power, Ambuja Cements, Adani Wilmar, Bondada Engineering, Netweb Technologies India, SIS, Orient Cement, Greenpanel Industries, Mangalam Cement, PNB Gilts, Dhampur Sugar Mills, among others will release their Q4 results today.

Top Nifty gainers included UPL, Maruti Suzuki, Hero MotoCorp, Bajaj Auto and Sun Pharma, while losers were Wipro, Infosys, LTIMindtree, HCL Technologies and TCS

Tata Steel, M&M, JSW Steel, Tata Motors and Apollo Hospitals were among the top gainers on the Nifty, while losers included Tata Consumer Products, UPL, Infosys, Adani Ports and Titan