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“In spite of these hawkish minutes, the US markets closed in the positive territory because the markets expect a soft landing for the US economy since the economy continues to be resilient,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

The stock quoted a 52-week high price of Rs 554.05 and a 52-week low of Rs 455.8.

“A lot of people tend to look at the price first without realising what are the main aspects one should look at. I will categorise this into two parts; one is a must-have which, irrespective of the profile of the customer, should be looked at while purchasing a health insurance plan. One should go for a plan which does not have any kind of room rent capping. ”

The Nifty IT index was trading 0.17 per cent down at 28628.25.

Indus Towers, incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 50422.27 Crore) operating in Telecommunications sector.

A total of 10,705 shares changed hands on the counter till 10:20AM (IST)

Tata Communications is likely to report steady revenue growth in its data business on easing supply-chain issues and stable segmental margins.

The weakening macroeconomic environment in the US and Europe – two major markets for IT firms – have not had a major impact on deal pipeline in the last quarter, but investors would want to see how it shapes up for the ensuing quarters.

Its trend is bullish but now RSI on the weekly time frame is at 80+ which indicates that the stock is in the overbought zone. As per the analysis, traders can book profits. And for fresh entry, one can adopt to buy support strategy where the support range is 290-300 levels. Targets are in the range of Rs 365 and 390 levels. Keep a stop loss at 240 on a closing basis.

The infra company will consider and approve unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2022.The company’s board meeting will be held to issue and allot 2,70,00,000 equity shares of the company on preferential basis to DBRL.