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MphasiS Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 43585.96 Crore) operating in IT Software sector.

As of 30-Jun-2022, promoters held 0.0 per cent stake in the company, while FIIs held 37.27 per cent and domestic institutional investors had 32.58 per cent.

The Nifty Bank index was trading 0.67 per cent down at 36493.9.

Markets across Asia were trading in the red while S&P500 futures were also suggesting a flat-to-negative start for US stocks later in the day.

“FII’s have covered some of their short positions in the index futures segment in the week gone by and their short covering has led to this positive momentum. This week, the resistance will be seen around the 17,000 mark,” Ruchit Jain, Lead Research, 5paisa.com, said.

The Nifty Realty index was trading 0.3 per cent down at 438.2.

SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 67896.72 Crore) operating in Diversified sector.

The stock quoted a 52-week high price of Rs 87579.85 and a 52-week low of Rs 62944.5.

L&T Technology Services, part of the IT services industry, gave a breakout above the short-term moving average of 50-DMA as well as the inverse head and shoulder pattern earlier in July which suggests buying momentum. Bulls helped the IT services stock to climb above the 50-DMA placed at Rs 3286 on 20 July which also helped the stock to break above the neckline of an inverse head and shoulder pattern on the daily charts.

Shares of Bombay Oxygen Investments (Rs 20 per share), Brigade Enterprises (Rs 1.5 per share), DCM Shriram Industries (Re 0.5 per share), Deepak Nitrite (Rs 7 per share), Graphite India (Rs 10 per share), Kamdhenu (Re 1 per share), Sharda Cropchem (Rs 3 per share) and The Grob Tea Company (Rs 2 per share) are among the companies which will go ex-dividend today.