Fri, Apr 26, 2024 9:18 AM
Buy or sell: Vaishali Parekh recommends stocks to buy today — April 26
A Flip by Shubhangi Gupta
The revenue that each employee contributes to top IT services companies has been consistently falling ever since the covid-19 pandemic ended, a Mint analysis of companies like Tata Consultancy Services (TCS) Ltd, Infosys Ltd, Wipro Ltd, HCL Technologies Ltd, Accenture Plc and Cognizant Technology Solutions Corp. showed.
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📌GIFT Nifty signals a muted start. 📌India VIX, which is a measure of the fear in the markets, rose 13.6% to settle at 16.60 levels. 📌US stock indexes closed higher on Monday, their third straight session of advances. 📌Foreign portfolio investors were net sellers at Rs 2,168 crore on Monday. 📌Meanwhile, DIIs bought shares worth Rs 781 crore.
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Drone Destination on May 6 said it has signed an agreement with cooperative major IFFCO for spraying agricultural products on up to 30 lakh acres of farm land. According to company officials, under the agreement Drone Destination could get paid in the range of Rs 400 to Rs 800 per acre at prevailing market rates, implying that the deal will fetch a revenue of Rs 120 crore in the lower price band.
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