Nifty Tests 23,000; Sensex At Day’s Low Despite IT Rally; Nifty Next 50 In ‘Bearish’ Zone
Shares of Persistent Systems Ltd. fell over 7% on Wednesday ahead of the company’s December quarter results and amid an over 1,200 point or 2% decline in the Nifty Midcap 100. The IT company is expected to report a profit of Rs 346 crore and revenue of Rs 3,023 crore for the quarter ended December,…