Bench resources passé in Indian IT, pink slips gaining momentum; Jhunjhunwala triggers a rush for turnaround bets

ET Markets Daily Brief | Mon, Jul 24, 2017 | 05:45 PM IST Follow ET Markets

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Tech view: Nifty forms Bullish Candle; next stop above 10,000 It is just a matter of time before the index hits the five-digit mark, analysts said. ETMarkets After Hours: Bank stocks rally, pharma bleeds Pharma stocks bled the most with the Nifty Pharma index plunging 72 points to 9,981. 222% return in just 137 days! Can DMart hit Rs 1,000, or head south? It is trading at a trailing earnings multiples of 99 and 74 times its expected earnings.

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Market Watch 24 Jul | 05:45PM| SENSEX NIFTY USD/INR GOLD 32245.87 ↑216.98 9966.40 ↑51.15 64.33 ↑0.02 28559.00 ↑18.00

Gainers Losers 24 Jul, 2017, 05:45PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... Today's Opec meet may set floor for crude prices for the near term

FROM THE NEWSPAPER

Bench resources now passé in Indian IT; pink slips gaining momentum Indian IT sector has seen five years of sub-teen revenue growth, falling to sub-10% in FY17. 12 money-making ideas for next three weeks with a budget under Rs 3,000 Trading will remain volatile this week as traders roll over positions in the F&O segment. 10-times return from here on? Jhunjhunwala's turnaround bet triggers speculations Porinju Veliyath said the turnaround space is where one are going to find multibaggers. Security and Intelligence Services sets IPO band at Rs 805-815 IPO comprises fresh issue of shares worth Rs 362.25 cr and an OFS of up to 51,20,619 shares. HDFC Bank's profit growth back in 20s: 5 key takeaways from Q1 earnings NPAs reported by the lender at 1.24 per cent of gross advances were the highest since Q4FY10.

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