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A total of 972,317 shares changed hands on the counter till 01:27PM (IST).

​ Tata Consultancy Services, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1287766.54 Crore) operating in IT Software sector.

Reliance Industries, four bank stocks, are among 10 companies that saw the highest increase in LIC’s holdings in value terms in the last one quarter.

Wipro’s EBIT margins may improve modestly from 15.1% in FY23E to 16.4% by FY26E on the back of levers like: 1) pricing, 2) lower attrition leading to lower employee cost as a percentage of sales, 3) pyramid optimisation, and 4) shift to fixed price projects where the company can retain certain savings through automation.

Need to invest in building digital capabilities will offset some of the margin levers such as subcontracting cost, offshoring, synergy with portfolio companies and increased automation in fixed-price projects.

The brokerage has slashed its FY24/25 EBITDA estimates by 8% each to account for higher gestation in fashion/B2B biz.

The stock quoted a 52-week high of Rs 2864.35 and a 52-week low of Rs 2002.5.

The crypto market is feeling the pressure of regulatory concerns in the US as BTC continues to trade below the $22,000 mark while Ether slipped below the $1500 mark. Most of the digital assets are in the red as investors are parking their funds in less volatile assets for better times

“The trigger for bulls to break jail would be pivoting in the US, pivoting of the interest rates which I believe at least a couple of more 25 bps hikes are there and thereafter it is going to be a bit of a pause. So when the Fed starts cutting interest rates in the US, that is when I believe bulls are going to start coming out of wherever they are hiding for the moment.”

Despite the nascent bounce, the future of non-fungible tokens remains shrouded in mystery. Few crypto experts expect a repeat of the 2021 boom anytime soon. Some doubt the long-term appeal of paying to be recorded on blockchain as the owner of a digital file that anyone can see online for free.