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“Order inflow continues to remain by and large intact, no real big surprises, and TCS in particular has remained quite resilient over the last few weeks.Purely from a valuation perspective and the fact that there is going to be a rebound in the IT spend over the next one to two quarters, both TCS and HCL Tech are looking quite attractive at current prices and valuations.”

I will just say that we prefer to ensure that we retain the market share that we think we rightfully deserve and where we can extend it a little bit. Our focus tends to be on serving the customer segments as best as possible and ensuring that we are taking care of our people as best as possible.

Bitcoin (BTC) rose 0.7% to $26,419, whereas Ethereum (ETH) was above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.06 trillion, rising 0.6% in the last 24 hours.

A total of 1,626 shares changed hands on the counter till 12:02PM (IST).

The promoters that acquired the stake are Fortitude Trade and Investment Ltd and Emerging Market Investment Ltd.

The stock quoted a 52-week high price of Rs 416.85 and low of Rs 251.25.

As per the filing to the exchanges, the alleged shortfall relates to Delta Corp and its two subsidiaries, Highstreet Cruises and Entertainment Pvt. Ltd and Delta Pleasure Cruise Company Private Limited.

Global brokerage firm Morgan Stanely revised its price targets on IT stocks by 11-29%.

Shares of Kolkata-based smallcap Jai Balaji Industries, which manufactures iron and steel products like TMT bars, are up 475% to top the multibagger list. Similarly, shares of another smallcap GVK Power & Infrastructure are up 300% so far in Q2 following a 50% rally in just two weeks.

Fresh supply of debt at the end of the quarter further challenged bullish sentiment. New Delhi aims to raise 390 billion rupees ($4.69 billion) through the sale of bonds later in the day, the last debt auction for the fiscal first half.