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IT pack is performing well and Mphasis has finally surpassed the major hurdle at 200 EMA.

Hence the brokerage expects modest growth of 8% in the direct channel in FY24E and then pick-up to 14%/13% in FY25E/FY26E.

MphasiS, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 37958.43 Crore) operating in IT Software sector.

MphasiS, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 37176.44 Crore) operating in IT Software sector.

The analyst suggested a stoploss at Rs 880.

The analyst suggested a stoploss at Rs 880 .

Kendrick Lamar earned 11 nominations for the 2016 Grammys, both Taylor Swift and The Weeknd tie for second with 7 nominations.

The investment bank was actually going to lose money in the fourth quarter, something that had never happened since the firm went public in...