Stock · NSE
PERSISTENT 5,053.90 ▲ 224.00 (4.64%) Last 2 days · 15m candles 11/7/2026, 00:50:04
Open: 4,840.70 High: 5,058.00 Low: 4,825.10 Prev: 4,829.90
News mentioning PERSISTENT VERIFIED ET Markets · 12h ★ ON YOUR LIST ☆
Quote of the day by Hetty Green: "There is no great secret in fortune making. All you have to do is to buy cheap and sell dear, act with thrift and shrewdness and then be persistent" AI summary · NEUTRAL
· Hetty Green's advice emphasizes buying undervalued assets and selling them at higher prices. · Financial prudence and wise expense management are crucial for building lasting wealth. · Persistence through market volatility is highlighted as a key investment strategy. VERIFIED Mint Money · 12h ★ ON YOUR LIST ☆
AMFI Data: Gold ETF inflows rebound to ₹3,443 crore in June after May outflows, here's what changed AI summary · POSITIVE
· Gold ETF inflows reached ₹3,443 crore in June, a significant rebound from May's outflows. · Investor demand for gold ETFs was revived due to cooling gold prices. · Persistent global uncertainties contributed to the renewed demand for gold as a safe-haven asset. VERIFIED ET Markets · 18h ★ ON YOUR LIST ☆
US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decision AI summary · NEUTRAL
· New York Fed President John Williams anticipates a decrease in oil prices in the coming months. · Williams stated it is premature to determine the Federal Reserve's July interest rate decision. · He emphasized that the Fed will continue to monitor economic data due to ongoing inflation concerns. VERIFIED ET Markets · 2d ★ ON YOUR LIST ☆
Global Market: Japanese bond yields climb to multi-decade highs amid inflation and fiscal concerns AI summary · NEGATIVE
· Japanese government bond yields have reached multi-decade highs. · The benchmark 20-year JGB yield is at its highest point since 1996. · Investor concerns are driven by inflation, government spending, and Bank of Japan policy uncertainty. VERIFIED ET Markets · 3d ★ ON YOUR LIST ☆
Global Market: Britain's bond market poses early fiscal test for Andy Burnham AI summary · NEUTRAL
· Britain's bond market will test Andy Burnham's economic credibility. · Investors will scrutinize his commitment to fiscal discipline. · Persistent inflation risks and rising debt servicing costs are market concerns. VERIFIED ET Markets · 3d ★ ON YOUR LIST ☆
Global Market: Euro zone inflation risks persist despite oil price retreat, ECB's Schnabel warns AI summary · NEUTRAL
· ECB's Schnabel warns of persistent inflation risks in the euro zone. · She cited core inflation, energy market risks, and supply chain pressures as ongoing concerns. · Schnabel indicated the euro zone economy has not returned to pre-war conditions despite lower oil prices. VERIFIED Mint Markets · 3d ★ ON YOUR LIST ☆
Rupee opens 7 paise higher at 95.33 against US dollar AI summary · NEUTRAL
· The Indian rupee opened 7 paise higher at 95.33 against the US dollar. · Gains in Asian currencies supported the rupee's opening. · Persistent dollar demand and expectations of US interest rate hikes continue to pressure the rupee. VERIFIED ET Markets · 6d ★ ON YOUR LIST ☆
FMCG, healthcare in line for strong show in FY27: Brickworks AI summary · POSITIVE
· Brickwork Ratings anticipates strong growth for India's consumer goods and healthcare sectors in FY27. · Tax relief and increasing consumer spending are expected to drive revenue for consumer goods companies. · The healthcare sector is set to benefit from a booming medical tourism industry and government initiatives. VERIFIED ET Markets · 7d ★ ON YOUR LIST ☆
US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentiment AI summary · POSITIVE
· US jobs report showed slower-than-expected growth and downward revisions. · This data has eased investor fears of persistent inflation and a hawkish Federal Reserve. · Markets, especially tech stocks, are seeing relief due to reduced expectations for an imminent interest rate hike. VERIFIED Mint Industry · 8d ★ ON YOUR LIST ☆
Mint Explainer | Why Indian IT is betting big on Europe through acquisitions AI summary · NEUTRAL
· Persistent Systems acquired Nagarro. · LTM acquired Randstad. · Indian IT companies are diversifying beyond the US into Europe. VERIFIED ET Finance · 8d ★ ON YOUR LIST ☆
In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shopping AI summary · NEUTRAL
· Indian IT firms are increasingly using debt financing for acquisitions. · This shift is driven by the need to enhance AI capabilities, expand market reach, and accelerate growth. · Persistent Systems is an example of a company using significant financing for strategic takeovers. VERIFIED ET Stocks · 8d ★ ON YOUR LIST ☆
Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over? AI summary · POSITIVE
· The Nifty IT index surged nearly 4% on Thursday, recovering from a four-session slide. · Coforge led the gains with a 5% jump, while Infosys, Mphasis, HCL Tech, and Persistent Systems rose around 4%. · The sector had previously shed nearly 7% over the last four trading sessions. VERIFIED ET Markets · 8d ★ ON YOUR LIST ☆
Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over? AI summary · POSITIVE
· The Nifty IT index surged nearly 4% on Thursday, recovering from a four-session slide. · Coforge led the gains with a 5% jump, while Infosys, Mphasis, HCL Tech, and Persistent Systems rose around 4%. · The sector had previously shed nearly 7% over the last four trading sessions. Google News, NIFTY/SENSEX · 8d ★ ON YOUR LIST ☆
Mphasis, Persistent Systems, Infosys power IT rally; NIFTY IT index jumps over 3.5% - Upstox Summarize with AI → PRIMARY RBI Press Releases · 10d ★ ON YOUR LIST ☆
RBI releases the Financial Stability Report, June 2026 AI summary · NEUTRAL
· The Reserve Bank of India released the June 2026 Financial Stability Report (FSR). · The report assesses the resilience of the Indian financial system and risks to financial stability. · Global financial stability risks remain elevated due to supply chain uncertainties, public debt, and bond market fragilities. VERIFIED ET Markets · 10d ★ ON YOUR LIST ☆
HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip Sabharwal AI summary · POSITIVE
· Market expert Sandip Sabharwal believes private banks are entering a strong growth phase due to increasing credit growth and reduced margin pressures. · Sabharwal considers HDFC Bank's valuation to be attractive, even with leadership uncertainties, as merger-related operational issues are mostly resolved. · Opportunities are seen in auto stocks after a correction, and Sabharwal remains positive on the textile sector. VERIFIED Economic Times News · 10d ★ ON YOUR LIST ☆
Persistent's Nagarro deal faces near-term doubts, but long-term story stays strong: Piyush Pandey AI summary · NEUTRAL
· Persistent Systems' stock dropped 11% following the Nagarro acquisition announcement. · Investors expressed concerns regarding integration challenges and potential margin impacts. · Market expert Piyush Pandey views the deal as strategically beneficial for long-term growth and global expansion. VERIFIED ET Markets · 10d ★ ON YOUR LIST ☆
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors? AI summary · NEGATIVE
· The Nifty IT index reached a new 52-week low, falling over 2% on Tuesday. · Infosys, TCS, and Wipro stocks saw declines of up to 3%. · Investor sentiment was impacted by inflation concerns and uncertainty regarding US Federal Reserve interest rates. Google News, India stocks · 11d ★ ON YOUR LIST ☆
Sensex Today Ends 372 Points Lower | Nifty Below 23,950 | Persistent Systems Down 10% - Equitymaster Summarize with AI → VERIFIED Mint Markets · 11d ★ ON YOUR LIST ☆
Top Gainers & Losers on June 29: Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, OLA among top losers AI summary · NEGATIVE
· Indian equities declined on June 29, with Nifty 50 down 0.46% and BSE Sensex down 0.44%. · Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, and OLA were among the top losers. · Pharmaceutical and metal stocks saw gains, while auto and technology shares experienced losses. VERIFIED ET Markets · 11d ★ ON YOUR LIST ☆
Housing sales fall 6% across top 7 cities in Q2 as West Asia conflict dents buyer sentiment; launches rise 7%: ANAROCK AI summary · NEGATIVE
· Housing sales in the top 7 Indian cities decreased by 6% in Q2. · New property launches increased by 7% during the same period. · Persistent Systems' shares dropped by approximately 11% after announcing a €1.27 billion acquisition of Nagarro. VERIFIED ET Markets · 11d ★ ON YOUR LIST ☆
Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal AI summary · NEGATIVE
· Persistent Systems' shares fell by approximately 11% after announcing the acquisition of Nagarro for €1.27 billion. · The acquisition is intended to strengthen Persistent Systems' presence and revenue in Europe. · Brokerages have raised concerns regarding the valuation of the deal and potential execution risks. VERIFIED Mint Markets · 11d ★ ON YOUR LIST ☆
Persistent-Nagarro deal: High on diversification, low on margin comfort AI summary · NEGATIVE
· Persistent Systems and Nagarro are involved in a deal. · The deal is characterized by high diversification. · There are concerns about margin comfort due to potential AI deflation and weak IT demand. VERIFIED ET Markets · 11d ★ ON YOUR LIST ☆
Bitcoin slips below $60,000 as ETF outflows and middle east tensions weigh. Here is what experts say AI summary · NEGATIVE
· Bitcoin has fallen below $60,000 due to ETF outflows and Middle East tensions. · This is Bitcoin's weakest June since mid-2022, with over $4 billion withdrawn from spot ETFs. · Analysts view $60,000 as a key resistance level, with inflation concerns adding to investor caution. VERIFIED Mint Markets · 11d ★ ON YOUR LIST ☆
Persistent Systems share price crashes 9% to hit a 52-week low; is it a stock to buy? AI summary · NEGATIVE
· Persistent Systems shares opened at ₹4,500, down from the previous close of ₹4,840.45. · The stock price crashed 9% to reach a 52-week low of ₹4,404. · The BSE Information Technology index saw a 1% decline during the same session. VERIFIED ET Stocks · 11d ★ ON YOUR LIST ☆
Persistent Systems shares slide 7% after $1.14 billion offer to buy Germany's Nagarro AI summary · NEGATIVE
· Persistent Systems shares declined by 7%. · The company received an offer to buy Germany's Nagarro for $1.14 billion. · Nagarro's board intends to recommend an offer of 81 euros per share to its shareholders. VERIFIED ET Markets · 11d ★ ON YOUR LIST ☆
Persistent Systems shares slide 8% after Nagarro deal; Elara retains 'Sell' on growth, margin worries AI summary · NEGATIVE
· Persistent Systems shares fell 8% after announcing the acquisition of Nagarro for approximately EUR 1.27 billion. · The acquisition aims to enhance Persistent Systems' European presence and revenue streams. · Analysts express concerns regarding the deal's impact on near-term growth and profit margins. VERIFIED ET Markets · 12d ★ ON YOUR LIST ☆
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems AI summary · NEUTRAL
· Indian markets ended nearly flat amidst volatility. · Nifty faces resistance from key moving averages, with 24,200 being a crucial level. · Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments. VERIFIED ET Stocks · 12d ★ ON YOUR LIST ☆
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems AI summary · NEUTRAL
· Indian markets ended nearly flat amidst volatility. · Nifty faces resistance from key moving averages, with 24,200 being a crucial level. · Waaree Energies, Kotak Bank, and Strides Pharma are among companies in focus due to various developments. VERIFIED ET Stocks · 12d ★ ON YOUR LIST ☆
Persistent's Nagarro deal could be a near-term pain for long-term gain AI summary · NEUTRAL
· Persistent Systems is acquiring Nagarro SE for $1.3 billion to expand in Europe and reduce reliance on the US market. · The deal, funded by debt, faces short-term challenges due to Nagarro's decelerating growth and a high acquisition price. · Persistent aims to increase combined revenue while maintaining profitability.