The domestic stock markets are likely to open strong, post the losses in the previous session, on the back of positive global cues. At 7:30 am, the Nifty futures were trading at 17,772, higher by 144 points or 0.89 per cent, on the Singapore Stock Exchange.
On October 6, the BSE Sensex fell 555.15 points to 59,189.73 and the Nifty declined 176.30 points to 17,646.
Stocks to watch in trade in today’s session:
TCS:
TCS’ long-standing partnership with SBI extended for another 5 years.
Under new contract, TCS will continue to maintain, enhance SBI’s application estate around core banking, trade finance, financial reporting &, financial inclusion with new features and functionality.
The extended partnership builds on a two-decades-long relationship between the two partners, that began with the implementation of the TCS BaNCS core banking solution in 2001, the largest such transformational program of that era.
Nazara Technologies :
Nazara Technologies has raised Rs 315 crore by way of a preferential allotment of shares to 2 institutional buyers, the corporate mentioned in an alternate submitting.
Tata Steel:
Tata Steel noticed a muted September quarter when it comes to general quantity deliveries and crude metal manufacturing, the corporate mentioned in a regulatory submitting.
NIIT :
The US-based Sutherland and StackRoute, an NIIT enterprise, have entered right into a partnership to launch an immersive coaching program designed to determine the best expertise and develop them as high-quality full-stack IT professionals.