Mon, Jan 15, 2024
IT shares today: In Monday's trade, the Nifty IT was up over 1 per cent with Wipro rising nearly 6 per cent, Infosys up over 2 per cent, HCLTech over 3 per cent, and TCS with half a per cent gain.
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Fri, Jan 05, 2024
IT stocks: While Jefferies has maintained a 'buy' call on Coforge and Infosys each, it has upgraded LTIMindtree to 'buy' from 'hold'.
Thu, Jan 04, 2024
Nirmal Bang analysts expect Infosys, Wipro and HCL tech to take a hit of 58 bps, 51 bps and 67 bps in margins, respectively.
he 5 themes that prompted the global brokerage to turn ‘neutral’ on the stock are: pivot to cost saving, declining drags from laggard industries, pro-cyclicality, new-term Gen AI preparatory work, and low base in CY 2023.
Wed, Dec 20, 2023
Accenture said it expects large digital transformation deals to materialise in its results in the "back half of our year". The company follows a September-August financial year.
Thu, Dec 14, 2023
At around 10:05 a.m., the S&P BSE Information Technology index was up by 2.49 per cent or 840.44 points, at 34,594.21.
Wed, Dec 13, 2023
Pune-based KPIT Tech unveiled the country's first sodium-ion battery technology.
Mon, Dec 11, 2023
Wipro share price: Based in the US, Trautman led Wipro's relationships with hyper-growth partners, provided market intelligence through advisors and analysts, enhanced Wipro's brand awareness, and developed sales capabilities.
Fri, Dec 08, 2023
Indian equities cheered the RBI policy outcome and continued to hit record high after a day's breather. Nifty after logging an all-time high in today's session of 21,006.1 ended at 20,969.,4, up 0.33 per cent, while Sensex added 0.44 per cent or 304 points and settled at 69,825.6.
Tue, Nov 21, 2023
Indian equities, amid broad-based gains, traded higher in Tuesday’s session. Nifty added 0.45 per cent or 89 points, to close at 19,783. Broader markets hit their new all-time highs for the second consecutive day.
The stock of state-run IRCTC has surged after the Railways Ministry announced certain changes to its catering policy. The new policy will allow IRCTC to go for long-term tenders for a period of seven years, subject to satisfactory performance in the initial five years. This is expected to boost IRCTC's revenues and profits.
Thu, Oct 19, 2023
Coforge reiterated its revenue growth forecast for the full financial year 2023-24.
Fri, Oct 13, 2023
“There are two major macro trends that can influence the market. The global trend is slightly negative while the domestic trend is largely positive.
HCL Tech shares were in focus on Friday after the company staged a mixed financial performance for the second quarter of the financial year 2023-24.
Mon, Oct 09, 2023
TCS shares zoomed to a fresh 52-week high on Monday after the Tata group IT major said its board will consider a buyback proposal along with its Q2 results this week.
Fri, Sep 29, 2023
IT stocks India: The Nifty IT index led losses with an over 1 per cent fall in early morning trade on Friday. All ten IT stocks in the information technology index declined in the early morning trade with zero advances.
Thu, Sep 07, 2023
IT stocks: Nomura on Wednesday upgraded the ratings for Infosys while maintaining its stance on TCS, Wipro, and HCL Technologies. It also gave a positive outlook for the Indian IT industry.
Thu, Aug 24, 2023
Coforge shares registered sharp gains amid huge trading volumes on Thursday. The Coforge stock came within Rs 16 of a 52-week high scaled last week.
Mon, Jul 24, 2023
Institutions' share increased in IT - In which stocks did institutional investors and LIC increase stake?
When will NIFTY cross 20000? How long to wait for #itstocks to rally? Why the next quarter is important for IT stocks?
Fri, Jul 21, 2023
Share Market: Heavy selling was recorded in the share market on Friday. BSE Sensex closed down 887 points at 66,684. Nifty also closed at 19,745 with a fall of 234 points. The major reason for the selling in the market was the sharp selling in entire IT stocks including Infosys. Infosys closed down 8%. Due to the huge fall in the stock market, investors suffered huge losses.
No return expected in IT stocks for next 2 years... India's economy is growing compared to other countries: Dinshaw Irani, CIO, Helios India
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