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Commodity Corner: Oil slips, gold gains amid US-Iran ceasefire hopes
positive
Moneycontrol NaNd ago

Commodity Corner: Oil slips, gold gains amid US-Iran ceasefire hopes

Commodity markets witnessed mixed movement on May 29, with crude oil prices declining slightly amid optimism over a possible extension of the U.S.-Iran ceasefire agreement. Meanwhile, gold prices edged higher due to persistent inflation concerns and expectations around U.S. interest rates.

OILPERSISTENTInformation TechnologyOil Gas & Consumable Fuels
Tata Motors PV to increase prices of cars, SUVs by up to 1.5% from July 1, shares rise over 1%
positive
Moneycontrol NaNd ago

Tata Motors PV to increase prices of cars, SUVs by up to 1.5% from July 1, shares rise over 1%

In a regulatory filing, the automaker said the price increase is aimed at partially offsetting the impact of rising input costs and persistent inflationary pressures

PERSISTENTTATATECHTMCVTMPVAutomobile and Auto ComponentsCapital Goods
Buy Persistent Systems; target of Rs 6200: Motilal Oswal
positive
Moneycontrol NaNd ago

Buy Persistent Systems; target of Rs 6200: Motilal Oswal

Motilal Oswal is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6200 in its research report dated April 21, 2026.

MOALPHA50MOBANK10MOCAPITALMODEFENCEMOENERGYMOGOLDMOGSECMOHEALTHMOINFRAMOIPOMOLOWVOLMOM100MOM50MOMENTUM50MOMGFMOMIDMTMMOMNCMOMOMENTUMMON100MON50EQUALMONEXT50MONIFTY100MONIFTY500MONQ50MOPSEMOQUALITYMOREALTYMOSERVICEMOSILVERMOSMALL250MOTILALOFSMOTOURMOVALUEPERSISTENTRSYSTEMSFinancial ServicesInformation Technology
Persistent Systems: A steady compounder at a steep valuation
positive
Moneycontrol NaNd ago

Persistent Systems: A steady compounder at a steep valuation

Strong Q4 execution, healthy FY27 visibility, and AI-led differentiation keep the company on a solid growth path

HEALTHYPERSISTENTRSYSTEMSFinancial ServicesInformation Technology
Persistent Systems stock crashes 10%, top midcap loser today; brokerages find Nagarro acquisition expensive
negative
Moneycontrol NaNd ago

Persistent Systems stock crashes 10%, top midcap loser today; brokerages find Nagarro acquisition expensive

Persistent Systems shares crashed on June 29 after the IT services company announced its planned acquisition of Germany's Nagarro SE, with brokerages divided over the deal despite its strategic rationale and expected earnings accretion.

MIDCAPPERSISTENTRSYSTEMSFinancial ServicesInformation Technology
Buzzing Stocks: Dr Reddy's up 3% despite USFDA observations; Persistent slips 8% on Nagarro acquisition
neutral
Moneycontrol NaNd ago

Buzzing Stocks: Dr Reddy's up 3% despite USFDA observations; Persistent slips 8% on Nagarro acquisition

Power Finance Corporation (PFC) declined about 2 percent after its board approved the scheme of amalgamation of REC with PFC, subject to regulatory and shareholder approvals.

GVPILLTFPERSISTENTPFCRECLTDCapital GoodsFinancial Services
Buy Persistent Systems; target of Rs 6200: Motilal Oswal
positive
Moneycontrol NaNd ago

Buy Persistent Systems; target of Rs 6200: Motilal Oswal

Motilal Oswal is bullish on Persistent Systems recommended buy rating on the stock with a target price of Rs 6200 in its research report dated Jun 28, 2026.

MOALPHA50MOBANK10MOCAPITALMODEFENCEMOENERGYMOGOLDMOGSECMOHEALTHMOINFRAMOIPOMOLOWVOLMOM100MOM50MOMENTUM50MOMGFMOMIDMTMMOMNCMOMOMENTUMMON100MON50EQUALMONEXT50MONIFTY100MONIFTY500MONQ50MOPSEMOQUALITYMOREALTYMOSERVICEMOSILVERMOSMALL250MOTILALOFSMOTOURMOVALUEPERSISTENTRSYSTEMSFinancial ServicesInformation Technology
Persistent Systems bets on a slow growing Nagarro to gain scale and expand in Europe
positive
Moneycontrol NaNd ago

Persistent Systems bets on a slow growing Nagarro to gain scale and expand in Europe

Nagarro’s revenue growth has slowed considerably in recent years

PERSISTENTRSYSTEMSInformation Technology
Buy Persistent Systems; target of Rs 6400: Prabhudas Lilladher
positive
Moneycontrol NaNd ago

Buy Persistent Systems; target of Rs 6400: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6400 in its research report dated Jun 29, 2026.

PERSISTENTRSYSTEMSInformation Technology
Stocks to Watch Today: Kotak Bank, Torrent Power, Persistent, Aurobindo Pharma, Dr Reddys Labs, KEC International, Turtlemint, Transrail, Airtel in focus on 29 June
positive
Moneycontrol NaNd ago

Stocks to Watch Today: Kotak Bank, Torrent Power, Persistent, Aurobindo Pharma, Dr Reddys Labs, KEC International, Turtlemint, Transrail, Airtel in focus on 29 June

Stocks to Watch, 29 Jun: Stocks like Kotak Mahindra Bank, Torrent Power, Persistent Systems, Aurobindo Pharma, Indoco Remedies, BEML, Lupin, Dr Reddys Laboratories, Jubilant Pharmova, Zydus Lifesciences, Hexaware Technologies, KEC International, Bharti Airtel, and Vodafone Idea will be in focus on June 29.

ALPHAAUROPHARMABANKINDIABANKNIFTY1BEMLBHARTIARTLCHEMICALFOCUSGVPILHEXTIDEAINDOCOJUBLPHARMAKECKOTAKBANKLIQUID1LUPINMID150M&MMNCMOMENTUM30MSCIINDIANEXT50ETFNIFTY100EWPERSISTENTPSUBANKQUALITY30RSYSTEMSSILVER1SMARTENTDPOWERSYSTORNTPOWERUTLSOLARZYDUSLIFEAutomobile and Auto ComponentsCapital Goods
IT index plunges over 3.5% after OpenAI announces new AI deployment company; TCS, Persistent top losers
negative
Moneycontrol NaNd ago

IT index plunges over 3.5% after OpenAI announces new AI deployment company; TCS, Persistent top losers

IT shares came under heavy selling pressure, dragging the Nifty IT index down 3.7% to its lowest level since May 2023.

BANKIETFCONSUMEREVIETFEVINDIAGROWWEVPERSISTENTPVTBANIETFSDL26BEESTCSTOP10ADDTOP15IETFTOP20Financial ServicesInformation Technology
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