Persistent Systems rebounds 2% despite H-1B visa concerns
Shares of Persistent Systems climbed over 2% on Friday, rebounding from early losses. The stock has been in a downtrend, dragged by concerns over the new H-1B visa applications. Analyst Sudhansu Panda said stock could fall further by 200 to 400 points, with the next demand zone seen between ₹4,300 and ₹4,500.