It has experienced substantial buying momentum, with its stock soaring over 71 per cent in the past three years.

The company has maintained a respectable dividend payout of 65.5 per cent.

The company has delivered impressive returns of 98 per cent over the last 3 years and 143 per cent over the last 5 years. Additionally, it has achieved a 15 per cent growth in sales (CAGR) and a 12 per cent growth in profit (CAGR) over the past 5 years.

On Thursday, the Sensex gained 846.94 points to close at 60,747.31, while the Nifty 50 increased 241.75 points to close at 18,101.20

Indices closed on a positive note ahead of Fed FOMC minutes. Nifty jumped 0.82 per cent to close above 17,100 level. Sensex soared 480 points while Nifty Midcap and Nifty Smallcap rose 0.62 per cent & 0.80 per cent, respectively.  

At 11.45 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher on the bourses as India became the fifth-largest economy for the year ended March 2022, overtaking the UK in terms of its GDP.    

Indices traded lower for the most part of the day. Nifty slipped 0.57 per cent while Sensex shredded 347 points. However, Nifty Midcap and Nifty Smallcap closed marginally higher.
 

Indices closed nearly at their day’s low. Nifty fell nearly a per cent while Sensex lost about 508 points.

Once a darling of investors but now an evil, it’s the saga of Nifty IT sector, which lost nearly 25 per cent in the last Q2 of the calendar year 2022. Moreover, on a YTD basis, it shed as much as 28 per cent.   

Keep a watch on these stocks as well as on their volumes for potential breakout and consider hopping in for decent profits!  

Interestingly, all the constituents of Nifty IT index ended in positive, ahead of quarterly earnings. Meanwhile, the IT heavyweights such as Tata Consultancy Services, Infosys, and Wipro will publish their Q3 earnings on Wednesday.

So, let’s know which the top-performing stocks from Nifty IT index were in the month of December. Interestingly, all the stocks delivered positive returns in the month of December! However, the top-performing stocks were not the usual names like TCS or Infosys; instead, the top three performers were the overlooked ones!