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From the Sensex pack, Tata Steel, HDFC, ICICI Bank and HDFC Bank were the top gainers, rising about 0.5-1%. L&T, Asian Paints, UltraTech Cement and M&M also opened with gains. On the flip side, IndusInd Bank, Nestle, Kotak Bank, HCL Tech and Tech Mahindra opened with cuts.

ICICI Securities believes that stocks like Delhivery, IndiaMart and Nazara will provide good opportunities to investors.

Price rebounding after taking support at 50% retracement of recent up move suggest further upward momentum.

JPMorgan maintained an overweight rating on L&T with a target price of Rs 2480. The capex cycle is trending strong. The global investment bank expects the FY24 core revenue guidance to be robust.

"Interim Dividend for the year 2023 will be paid on and from May 8, 2023, along with the final dividend for the year 2022, if approved, by the members at the 64th Annual General Meeting scheduled to be held on 12th April 2023," the company said in a filing to exchanges.

A dividend is a share of profits and retained earnings that a company pays out to its shareholders. According to StockEdge data, 11 IT stocks are paying consistent dividends to their investors and have paid dividends up to 54 times since 2011.

The stock quoted a 52-week high of Rs 598.15 and a 52-week low of Rs 315.3.

Promoters held 50.05 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 11.96 per cent and 8.22 per cent, respectively.

​So part of that got recovered after this Accenture result which was a slightly positive surprise in terms of the revenue as well as margin. Also order book was also reasonably strong for Accenture that led to regaining some confidence in investors for the IT space which helped outperforming IT index.

Clean has been generating ample free cash flow, which gives it the wherewithal for inorganic acquisitions to support earnings growth.