Amidst a slight downturn in share prices on Wednesday, Persistent Systems continues to draw analysts’ praise following its December quarterly performance. With margins exceeding expectations and a string of successful deals, the outlook remains bright; however, some analysts are calling for more transparency regarding the durability of these margin gains.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the