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HDFC Institutional Equities said Infosys is its top pick in tier-1 IT with over 17 per cent EPS CAGR and over 40 per cent RoIC, valuing the company at Rs 2,220, based on 30 times March 2o24 EPS. Its target price for Wipro stays at Rs 740 based on 24 times March 2024 EPS, a 20 per cent discount to Infosys.

The domestic IT services major posted a consolidated net profit of Rs 2,969 crore for the December 2021 quarter, while saying that the demand environment continues to be "robust".

"The market is now completely under the control of bulls and is set to move higher. Having realised that even their relentless selling has not brought the markets down, as perhaps they expected, the FIIs are now on the backfoot," said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Shares of Power Grid Corporation of India added 3 per cent in early trade on Thursday after the state-owned transmission player inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of Kenya Transmission Project on a public-private partnership basis.

Small businesses outside North America are more open to accepting digital currencies, including Bitcoin, as forms of payment.

Central banks across the world have stepped up work on CBDCs to avoid the private sector dominating digital payments as cash use falls. The prospect of widely-used cryptocurrencies issued by Big Tech has also galvanized such efforts.

LIC Housing Finance Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income and Income From Financial Services for the year ending 31-Mar-2021.

In the July-September quarter, NALCO had reported an almost seven-fold rise in consolidated profit to Rs 747.80 crore for the quarter ended September 30. The company had posted a consolidated profit of Rs 107.27 crore in the year-ago period.

Shares of HSIL have zoomed about 100 per cent in the last one year, but the scrip has underperformed in the last three, five and 10 years.

"The important thing about Q3 is that it reaffirms that the underlying demand trend is strong enough to handle the seasonality of the quarter, and that is why it is such an important and very exciting quarter for us."