Friday, December 05, 2025 | 02:59 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Budget 2018: IT stocks mixed after FM's digital push in education sector

TCS (up 1.27%), HCL Technologies (up 0.6%), Persistent Systems (up 0.06%) and Tech Mahindra (up 0.03%) edged higher

Image

Capital Market

Finance Minister Arun Jaitley presented the Union Budget of 2018 on Thursday. 

IT stocks traded mixed at 11:58 IST on BSE after the finance minister Arun Jaitley in his Budget speech said that technology will be the biggest driver in improving the quality of education.

TCS (up 1.27%), HCL Technologies (up 0.6%), Persistent Systems (up 0.06%) and Tech Mahindra (up 0.03%) edged higher. Infosys (down 1.42%), Wipro (down 0.13%) and Oracle Financial Services Software (down 0.06%) edged lower.

ALSO READ: Budget 2018: Exports are likely to expand by 15% in FY18, says FM

Meanwhile, the S&P BSE Sensex was up 135.11 points or 0.38% at 36,100.13.

 

Jaitley, in his Budget speech for FY 2019, said that the government proposes to increase the digital intensity in education and move gradually from blackboard to digital board.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 01 2018 | 12:49 PM IST

Explore News