News for Persistent Systems Limited (PERSISTENT.BO)

The Nifty IT index closed 0.65 per cent down at 37400.1.

The Nifty IT index closed 0.47 per cent down at 37644.4.

The Nifty IT index was trading 0.29 per cent up at 37931.6.

The Nifty IT index closed 0.19 per cent up at 38145.3.

The Nifty IT index was trading 0.16 per cent up at 38131.5.

The Nifty IT index closed 0.9 per cent down at 37276.95.

The Nifty IT index was trading 0.63 per cent down at 37377.45.

Trump's proposed 25% tariffs on goods from Canada and Mexico, along with a cumulative 20% levy on China, are set to take effect at 10:31 a.m. IST on Tuesday. The U.S. president also announced reciprocal tariffs starting April 2.

Indian benchmark indices, Sensex and Nifty, fell on Tuesday, impacted by losses in Reliance Industries and IT stocks, following declines in Asian markets. This downturn was driven by Trump's reiterated commitment to impose 25% tariffs on Canada and Mexico and 10% on China, effective from 10:31 a.m. IST, leading to a cumulative 20% tariff on Chinese goods.

The Nifty IT index closed 0.79 per cent up at 37614.45.

Several brokerages have upgraded the target prices of various stocks over the past month. According to Trendlyne data, 10 BSE midcap index stocks, Coforge, Persistent Systems, Lupin, Aurobindo Pharma, Muthoot Finance, and United Breweries have received up to four analysts' target price upgrades in the last month. Here is a list of these stocks: Target Price Upgrades

Amid the ongoing correction, the Nifty IT index is down 19.28% from its record high reached in mid December last year.

The Nifty IT index closed 0.47 per cent down at 38946.65.

The Nifty IT index was trading 0.39 per cent down at 38978.4.

The Nifty IT index closed 0.8 per cent down at 39131.3.

Indian benchmark indices, Sensex and Nifty, fell for the fifth consecutive session, impacted by declines in Reliance Industries, banking, and IT stocks. Global market weakness, fueled by lower U.S. consumer sentiment and concerns over tariffs, further exacerbated the downturn.

Indian benchmark equity indices opened in the red for the fifth consecutive session, reflecting global market weakness and US stock declines. Concerns over softening consumer demand and tariff threats contributed to the sell-off, affecting sectors such as IT, financial services, and metals.

The Nifty IT index closed 0.79 per cent down at 40544.55.

The Nifty IT index was trading 0.3 per cent down at 40743.0.