SINT's stock rose after announcing the acquisition of Tau D Digital for 28 million, which is seen as a positive development.
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Guide To InvestingJun 1, 2026
The IT sector showed strength despite a down market, with TCS, Infosys, and HCL Tech posting positive returns. Asian Paints is expected to improve margins after a price hike, and Asus plans to increase local manufacturing in India. Adani Green Energy operationalized a solar project, and SINT acquired Tau D Digital. Textile stocks also performed well due to a government cut in cotton import duties.
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Infosys delivered a 3.5% return, highlighting the IT sector's resilience in a weak market.
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