India TV

IT stock below Rs 50 trades in green as company commences execution of master services agreement

Shares of Blue Cloud Softech Solutions Ltd are trading in the green even as benchmark indices remain volatile despite supportive global cues, with US equities ending higher on Friday and early Asian markets mixed. Oil prices have eased ahead of expected US sanctions on Iran, although Brent remains elevated near USD 93, keeping geopolitical risks relevant. Amid this, the counter started the trading session in the green at Rs 22.99 against the previous close of Rs 22.11 on the BSE. It gained further to touch the intraday high of Rs 23.54, representing a gain of Rs 1.43 or 6.46 per cent from the previous close.