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Under the scheme of amalgamation between ESFB and Equitas Holdings, all the assets held by the promoter, including its investments in ETPL, have to be transferred to and vested in ESFB.

Hiring intent of the companies has hit a 27-month high, the highest since the start of the Covid-19 pandemic, according to the latest Teamlease Employment Outlook Report, shared exclusively with ET.

On a longer-term chart from April 2021 to November 2021, the price has moved in a range of Rs 195-232 odd levels. Once it breached the consolidation phase, the price gave a sharp upside rally to make an all-time high of Rs 422 level in February 2022.

A board meeting of Athena Global Technologies will take place today to consider preferential issue of shares and the board of Rajasthan Gases will meet to consider issue of warrants.

"IT and financials are likely to see maximum limelight in the near future. On one hand, Indian IT companies have proven their capabilities and are likely to benefit from global spending on digitization, but on the other hand, markets are anxiously looking for any signs of a slowdown in IT spending on concerns of upheaval in the US, especially in the tech sector. Financial companies are trading at attractive valuations v/s their past average."

“We should wait for a couple of days and look at the results and the commentary and then buy 4-5% higher in case other numbers are good rather than trading or investing right now. I would wait for numbers and then I would take a call on the entire IT stocks.”

“Over the years, the new business premium collection has been deceleratingMy take is that LIC has not yet demonstrated a strong new business growth, new business profitability growth and the proportion of new business to their already existing value in force is quite small. Unless that ratio improves, we would not see valuations improve for LIC. ”

Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 620893.59 Crore) operating in IT Software sector.

It comes amid a chorus of growth warnings on Wall Street, as a Fed intent on bringing inflation down from more than 40-year highs sets the course for aggressive monetary policy tightening that investors fear will also hurt U.S. growth.

In a stock exchange filing, the Tata group telecom equipment maker said that it has bought "60,81,946 equity shares through secondary purchase at a price of Rs. 454.19/- per equity share amounting to 62.65% of the equity share capital of Saankhya, on a fully diluted basis for a consideration of Rs. 276.24 crore.”