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While Brexit, uncertainties in the US, and macro factors are still at play, Hiral Chandrana is confident of beating industry average growth rates and focusing on capabilities in data and managed services.

As of 31-Dec-2022, promoters held 74.99 per cent stake in the company, while FIIs held 8.63 per cent and domestic institutional investors had 6.4 per cent.

"The organic growth of >5% was higher than our estimate and led by a revival in the UK government, strong UK private (retail and financial services) and stability in the NHS and Oracle CX business. The order book remains healthy, having improved by 4.1% QoQ CC to USD 218 million, indicating continuity of organic growth," HDFC Securities said.

Technically, Emkay Global is trading above eight out of eight SMAs (Simple Moving Average). The day RSI (14) is 51.9. RSI below 30 is considered oversold and above 70 overbought. While, the Day MFI is at 72, MFI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data shows.

Brokerage Nuvama Institutional Equities expects RIL’s consolidated operating profit to grow 16% on year and 3% sequentially, led by a significant rise in gas prices, higher footfalls in the Reliance Retail’s outlets, and growth in the average revenue per user (ARPU) at Reliance Jio.

Most cryptocurrencies, including Bitcoin and Ethereum, experienced a decline in prices with the release of higher-than-expected UK inflation data for March. Bitcoin fell to its lowest point since April 10, dropping 3.64% to $29,020, while Ethereum declined by 5.60% to below $2,000. Other top cryptocurrencies also saw a drop, with Litecoin experiencing almost a 10% decline. The global cryptocurrency market cap fell by 3.92% in the last 24 hours and was trading at around $1.22 trillion. The next significant support level for Bitcoin is expected to be at $28,500.

On the technical charts, the RSI of the stock stood at 72.7.

The freefall was arrested to an extent after US-based FII GQG Partners had signed a Rs 15,000 crore deal with Adani Group promoter entity SB Adani Family Trust to buy stakes in Adani Ports, Adani Green Energy, Adani Transmission and Adani Enterprises.

Jindal Steel & Power (JSPL) has broken out of its falling channel on the daily charts with strong volumes, indicating a bullish sign. Experts suggest that the breakout has opened room for the stock to retest its previous breakout zone in February 2023, and possibly even go beyond that. The stock is trading above most of its short and long-term moving averages and has formed a bullish candle on a monthly scale. The momentum is picking up as the RSI (relative strength index) moves higher towards 60 zones, and good momentum is seen in Metal stocks, suggesting that the stock is likely to outperform in the coming sessions.

A total of 20,020 shares changed hands on the counter till 02:14PM (IST).