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    IT services stock decodes way to rise 6%; insurance player promises 12% profit

    Synopsis

    Nifty opened modestly lower but recouped some of the previous session’s losses. It closed positive.

    While the banking space continued to underperform relatively, the Nifty managed to recoup some of its previous session’s losses. The markets opened modestly lower; however, the index formed its day’s low point in the early minutes of the trade and crawled inside the positive territory. The markets saw a smart recovery and formed its day’s high point in the afternoon. The Nifty was able to protect and maintain the bulk of its gains; the headline
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    The Economic Times