Persistent Systems Ltd News

Nifty IT index hits over 4-month high; rallies 9% in one month

In the past one month, TCS, Infosys, Tech Mahindra, HCL Technologies, LTIMindtree, Persistent Systems and L&T Technology Services have rallied between 9 per cent and 15 per cent.

Nifty IT index jumps 2%; what's driving IT stocks higher today? Find here

Analysts attributed the up move to a pullback rally after sharp declines in past sessions. The index is currently 22.72% below its 52-week high of 46,088.90 and is down about 14.8% so far this year.

Nifty IT stocks extend surge, gain 5% in 3 days; Should you buy this rally?

Nuvama noted that IT services companies outperformed expectations in Q2, supported by stronger growth, margin expansion, and healthy deal wins

HCL Tech vs TechM vs Persistent: Which IT stock to bet on post Q2 results?

Technically, Persistent Systems seems to be favourably placed among these 3 IT peers, with the stock now seen quoting above its 200-DMA for the first time in nearly three months.

Persistent Systems jumps 7% on posting Q2 results; brokerages hike target

Persistent Systems in Q2 reported a net profit of ₹471.4 crore in the July-September 2025 period, up 45 per cent year-on-year (Y-o-Y)

Stocks to watch today, Oct 15: Axis Bank, TechM, L&T Finance, Mishra Dhatu

Stocks to watch today: Kolte-Patil, Saatvik Green, Thyrocare, Persistent Systems are among other top stocks to track.

Stocks to watch today, Oct 14: Tech Mahindra, HCLTech, LG Electronics, OIL

Stocks to watch today: Oil India, KEC International, JD Cables, and Anant Raj among otherer top stocks to watch today.

Nifty IT index rallies 6% in 2 days; Infosys soars 7% on buyback plan

The Nifty IT Index has underperformed the broader markets in the last 3 months and 6 months, owing to macro uncertainties

IT stocks slide as misquoted tweet sparks confusion; what really happened

Nuvama, in a recent report, upgraded the IT sector to 'Overweight' from 'Underweight', noting that the space has largely become a trading and relative valuation call

Why did Nuvama downgrade BFSI, upgrade IT & Reliance Ind? Find out here

According to the Nuvama report, the deflationary impulse from tariff-driven global slowdown is likely to hurt domestic cyclicals the most.

Nifty IT rises 5% in 1 week; will Fed rate cut aid further rally in stocks?

Among individual stocks, Infosys, Wipro, Oracle Financial Services Software, and Mphasis shares rose 3 per cent each on Monday

Sensex drops 500 pts, Nifty below 25,200 as IT stocks drag

Even broader markets failed to trade in the green territory. The Nifty midcap 100 was trading at 58,954.15, down by 0.60 per cent.

Nifty IT index slides 1.5%: Why did IT stocks fall today?

Infosys shares fell despite analysts remaining positive after the company reported in-line first-quarter earnings

Persistent Systems bleeds over 9% post mixed Q1; here's what brokerages say

Around 11:10 AM, the Persistent Systems' share was trading 8.24 per cent lower at ₹5,143.50. In comparison, BSE Sensex was down 0.26 per cent at 82,514.88 levels.

2 midcaps, 1 smallcap stock with up to 35% upside potential; check details

Midcaps Persistent Systems and ICRA alongwith smallcap Valiant Labs look technically strong on charts, following the formation of 'Golden Cross' on Wednesday.

Top 10 midcap, smallcap stock ideas from Bernstein that are screaming buy

These rather are your next-door citizens who have the potential to over-deliver. These same also have experienced around 2.5 per cent positive earnings revisions for FY26 in May, Bernstein said

CLSA, Morgan Stanley urge near-term caution on IT stocks

Thus far in CY25, the Nifty IT index has been an underperformer, slipping nearly 11 per cent as compared to 5 per cent rise in the Nifty 50 index

Breakout stocks, June 18: MCX, Persistent Systems among stocks to buy today

Stocks to buy today, June 18: Chandan Taparia of Motilal Oswal shares Nifty and Bank Nifty outlook today, along with three stocks to buy today