India, Oct. 27 -- Banks spend heavily on technology, but they are also among the toughest clients to win and keep. Their systems are old, regulators watch every move, and any change has to happen without customers noticing. Many banks now prefer to give more work to fewer trusted vendors, and that habit increasingly decides who wins contracts in IT services.

The Nifty 50 was trading at 22,704.15, down 0.22%. Meanwhile, Sensex also fell 0.31% to 73,381.18 on Tuesday. Meanwhile, Shares of LTM were trading at Rs. 4,083.10, up 0.20 percent from previous close of Rs. 4,074.90. The stock opened at Rs.4,055.00 and reached an intraday high of Rs. 4,084.40 and low of Rs. 4,006.00. The company currently has a market capitalization of Rs. 1,20,758...