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Total income of the company dipped to Rs 167.51 crore in the quarter under review from Rs 176.62 crore in the same period a year ago.

HCL Technologies said that it won 14 large deals worth $2.3 billion in the reported quarter as against $1.7 billion worth of deals won in the previous quarter. The deal wins were greater than Infosys’ $2.15 billion in the September quarter.

The Birla group company attributed the strong performance to higher operating efficiency and turnaround in market sentiments.

On October 18th, the government is scheduled to switch two short-term bonds – the 5.09 per cent, 2022 paper and the 8.08 per cent, 2022 paper (maturing in April 13th 2022 and August 2nd, 2022) with three longer-term floating rate bonds – the FRB 2028 bond, the FRB, 2031 bond and the FRB 2034 bond.

The general perception is that the company is benefitting from the reopening of the economy and better certainty on earnings as a high vaccination rate recedes the threat of a third wave of the pandemic. The reality, though, is that IRCTC has gone over to the territory where fundamentals are less important and momentum more.

The biggest boost came from growth names including Facebook Inc, Microsoft Corp, Amazon.com Inc, Tesla Inc, Apple Inc and Google-parent Alphabet, which rose more than 1 per cent.

The equity bourses will reopen for trading only on October 18, Monday.

The company is likely to file an updated draft red herring prospectus with the market regulator Sebi today to increase the primary issue size from Rs 525 crore to Rs 630 crore.

Among the stock-specific actions, investors booked profits in various smallcap players. On the other hand, Borosil hit the upper circuit. Network18 and IRCTC were in the buzz ahead of their September quarter earnings.

The company’s consolidated revenues in the reported quarter climbed 2.9 per on-quarter to Rs. 20,655 crore, which was below Street’s estimate.