News for Persistent Systems Limited (PERSISTENT.BO)

The Nifty IT index was trading 0.33 per cent up at 38425.8.

The Nifty IT index closed 0.7 per cent down at 37061.85.

The Nifty IT index closed 0.77 per cent up at 37754.15.

The Nifty IT index was trading 0.81 per cent up at 37769.9.

The Nifty IT index closed 0.1 per cent down at 37465.75.

The Nifty IT index closed 0.1 per cent down at 37465.75.

The Nifty IT index closed 0.75 per cent down at 37501.45.

Equity benchmark indices rebounded after opening flat as US Treasury yields ease. IT and consumer stocks drove the market surge, while pharma and healthcare stocks slipped to trade in negative territory in the mid-trading session.

Large and midcap indices delivered similar 1-year returns, with Nifty Midcap 100 slightly outperforming Nifty 100. Smallcaps underperformed due to valuation concerns. FIIs favored largecaps amid expensive mid- and smallcap valuations, driving market preference toward stability.

The Nifty IT index was trading 1.15 per cent down at 37110.2.

The Nifty IT index was trading 0.67 per cent down at 37289.85.

The Nifty IT index was trading 0.59 per cent up at 37699.45.

The Nifty IT index closed 0.84 per cent down at 37972.35.

The Nifty IT index was trading 0.9 per cent down at 37950.6.

The Nifty IT index closed 1.34 per cent up at 37853.55.

The $450 mn deal is also the second instance of an Indian software services provider, earning between $1 bn and $5 bn in annual revenue, bagging its largest contract in less than three months.

The Nifty IT index closed 0.34 per cent down at 35880.1.

The Nifty IT index closed 0.23 per cent up at 36002.45.

The Nifty IT index closed 0.14 per cent up at 35920.3.