Digital Risk’s Post

#Nifty roars to new ATH, up 275 points to 21,450! 🕺Exactly a year after hitting 52-week high, SBI attains new peak at 650 ⚡With 5%+ gains in HCL, TCS & Infy, IT continues rally 👑HDFC Bank led by FTSE rejig pumps #BankNifty higher Was today the strongest intraday bull run you've ever seen?💪 #finance #stockmarket #stocktrading

A secure environment starts with being more alert and careful. Never click on suspicious links or scan QR Codes received from unknown sources. This can lead to fraudsters redirecting you to fake sites, and you losing your hard-earned money.  Mahindra Finance never asks customers to make payments through unofficial channels. Exercise caution. Be secure #cybersecurityawareness #staysafe #fraudawareness

Mphasis announced its Q4 FY24 results: - Revenues were INR 34,150m (~$411m), up 0.8% y/y, down 0.4% in CC - Operating profit/EBIT was INR 5,080m, a margin of 14.9%, down 40 pts y/y FY24: - Revenues were INR 132,785m (~$1598m), down 3.8% y/y, down 6.6% in CC - Operating profit/EBIT was INR 20,114m, a margin of 15.1%, down 20 pts y/y Q4 FY24: - Among verticals, Technology Media and Telecom grew by 14.8% and Insurance grew by 13.2% - EMEA grew by 4.1% and Americas grew by 1.0% Headcount at the end of Q4 FY24 was 32,664, down 4.0% y/y. https://lnkd.in/ejhUY-Ch #itservices #Digital NelsonHall

Looking forward to a briefing from Infosys on their Core Banking transformation services, covering operations and tech services for the industry. We will explore how they deliver #consulting #ITS #BPS and #managed_services to #banks and #BFS #services providers #digitaltransformation #corebanking

#GTinPress | In the Financial Express (India) article, Rohan Lakhaiyar, FRM, Partner, Financial Services - Risk, #GTBharat, shares his view on why credit adoption on unified payments interface (UPI) remains low, attributing it to cost implications such as fees like merchant discount rate (MDR). Read the full article here: https://brnw.ch/21wI4SU Explore end-to-end advisory solutions for the BFSI industry: https://brnw.ch/21wI4UG #UPI #CreditTransactions #UnifiedPaymentsInterface #Payments

34000 profit booked, TCS and infy position added, stress-free and consistent returns. #tradingonchart #toctrades #stockmarket #dailyupdates #banknifty #nifty #optionselling #strategy #investment #cash #strangle

Exciting times in the realm of Financial Crime and Compliance! Regulatory storms are brewing, tech innovation is reaching new heights, talents are evolving, solutions are expanding, and sectors are pivoting. In the dynamic landscape of FCC, the market is harnessing a powerful mix of providers for outsourcing business processes. Several growth hotspots are fueling the momentum in Financial Crime and Compliance As we navigate these currents of change, it's inspiring to witness the industry adapt and thrive. My key takeaway? Collaboration and co-innovation are key to staying ahead in these transformative times. Kudos to the team for their dedication in bringing this insightful report to light! Let's dive into the report and discuss – what are your thoughts on the evolving FCC landscape?

The reason why my systems seamlessly handle piles of paperwork without a hitch… It's not about clean operations, constant supervision, or a vast network. It all boils down to one thing—the unwavering intention to honour the trust my clients place in me. Whether it's managing amounts in thousands, lakhs, or crores, my clients entrust me with their wealth, and in return, I invest wholeheartedly in caring for them. While conventionally, my role as an advisor might end at offering guidance, my commitment goes beyond that. Let me share a recent incident. An NRI reached out to me with a unique challenge: transitioning old shares from physical to demat. What further complicated the process was, he didn’t have an active bank account in India. Rather than stopping at the advisory stage, I stepped in to assist with the banking and transmission process. Now during this process, discovered over 6 times the amount he initially expected to recover. How? A little extra effort, tracking down related investments, bonuses, and unclaimed assets that had been overlooked for years. This incident underscores a fundamental value that drives me—I go the extra mile because the intention to uphold the promise of safeguarding my clients' wealth is at the core of everything I do. #ClientTrust #FinancialAdvisory #GoingTheExtraMile #WealthManagement

Mphasis Analysis by ICICI Securities: In their report, #ICICISecurities analyzed #Mphasis' recent performance and made predictions about its future prospects. Mphasis' #revenue growth was 2.1% quarter-on-quarter (QoQ) on a constant currency (CC) basis. This was close to ICICI Securities' estimate of 1.9%. Increased #business growth was observed in the banking, finance, and insurance sectors, particularly due to improvements in regional banking. ICICI Securities continues to value the #stock based on earnings per #share (EPS) of INR 106 for FY26, applying a multiple of 18 times to reach a new #target price (TP) of INR 1,950. They reiterate their recommendation to 'sell' the stock because of the revised margin guidance and concerns about the mortgage business. #stockmarket #stocksell #marketupdate #tradingtips #thebusinesscorridor Read here: https://lnkd.in/gGUybRi7