Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. This news coincided with LTIMindtree’s announcement of an 8% YoY growth in Q2 net profit, reaching Rs 1,251 crore, and a 6% rise in revenue to Rs 9,433 crore.
Tech View: Nifty likely to test 22,700 support. How to trade tomorrow
Nifty showed a bearish breakout from a symmetrical triangle, breaching key support at 23,260. Analysts project further downside to 22,700–22,800, with 23,000 as a critical