Small-cap stock under ₹50: IT share jumps 14% despite volatility in Sensex, Nifty 50

What happened: Blue Cloud Softech Solutions shares rose as much as 13.64% on Wednesday, opening at ₹20.35 on NSE versus a prior close of ₹20.01, after its US subsidiary began delivery on an IBM Cloud AI infrastructure engagement. Key numbers: Intraday high ₹22.87. Fixed fee $15.5 million, about ₹147 crore. Repo rate raised 25 basis points to 5.50%. Why it matters: The filing says delivery has started under a signed Statement of Work, shifting the company's focus from contract to execution, while the broader market recovered after the RBI rate decision.

Blue Cloud Softech Solutions shares rose as much as 13.64% on Wednesday, opening at ₹20.35 on NSE versus a prior close of ₹20.01, after its US subsidiary began delivery on an IBM Cloud AI infrastructure engagement.

The filing says delivery has started under a signed Statement of Work, shifting the company's focus from contract to execution, while the broader market recovered after the RBI rate decision.