Benchmark Sensex rebounded nearly 567 points, and Nifty regained the 23,150 level on Wednesday due to value buying in IT and banking shares amidst firm global trends. Key stocks in focus included Bharat Dynamics, Cyient DLM, and Newgen Software, which saw notable declines. Expert recommendations provided caution and target levels post-market resumption.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent