3 IT stocks to watch out for on September 27

3 IT stocks to watch out for on September 27

Indian Market
by 5paisa Research Team Last Updated: 2022-09-27T10:47:20+05:30

On Tuesday morning, the benchmark indices Nifty 50 and Sensex seemed to break the red spell and are seen trading flat on the greener side. 

 Sensex is trading 57,318.48 up by 0.30%, and the Nifty 50 was trading at 17,058.10 up by 0.26%. BSE IT index is at 27,286.81 up by 0.42%, whereas Nifty IT is trading at 26,852.80 up by 0.41%. 

Keep a close eye on these trending IT stocks on Tuesday, 27, September 2022:

Infosys Limited: In addition to opening the Infosys Digital Centre in Calgary, Alberta, Canada, Infosys has also declared that it will double its initial commitment to the city when it originally entered the area in 2021 by adding 1,000 new jobs there over the next two years. Shares of Infy were trading 1.01% higher on the BSE in the morning session.

HCL Technologies Limited: HCL Technologies now has been named as the New York Giants, New York Jets, and MetLife Stadium's digital transformation partner. The software company has also unveiled a new brand identity and logo. The new "HCLTech" brand and logo, which stands for its distinctive range of services and products that accelerate digital transformation for businesses at scale, will be at the centre of the company's go-to-market strategy. Shares of HCL Tech were trading 0.81% higher on the BSE.

Infibeam Avenues Limited: Infibeam Avenues Ltd has announced that it will restructure and consolidate its foreign operations in order to access and grow the global market for digital payment gateway infrastructure. After being transferred to Infibeam Avenues Ltd's UAE-based wholly owned subsidiary, Vavian International Ltd, which is the second largest payment aggregator in the UAE, the company's three fully-owned international subsidiaries—Infibeam Avenues Australia Pty Ltd (Australian market), AI Fintech Inc. (USA market), and Infibeam Avenues Saudi Arabia for Information Systems Technology Co (Saudi Arabia market)—will become step-down subsidiaries of the company. The scrip of the IT company was down by 1.05%, on the BSE today.

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