D-Street Newsmakers: IT stocks, Concor and Dixon Technologies among stocks that hogged limelight today
Cautious sentiment prevails on the D-Street ahead of India's CPI data. Improved inflation figures could heighten expectations for rate cuts in February.
ZeeBiz WebTeam | Dec 12, 2024, 04:07 PM IST
Ahead of the CPI print later today, Indian equities ended lower with the Nifty settling below 24,550 levels. Sectorally, the IT index led the gains and reached a new high after the US inflation data met expectations, boosting hopes for a Fed rate cut next week.
Here are the counters that remained in focus today:
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Top gainers and losers: IT stocks
Top gainers and losers: IT stocks buzzed in trade today mirroring overnight record high scaled on the Nasdaq Composite index. The Nifty index galloped over 1 per cent, and at the close all of the constituents except Mphasis ended in the green, with Coforge leading the pack.
