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.
Fri, Dec 24, 2021
The equity market was powered by Metal, IT, Pharma and Power sectors, while Realty too jumped in to push the already burgeoning market to new highs this year.
Wed, Dec 22, 2021
This IT stock with a market capitalization of about Rs 34,000 cr hit a fresh 52-week high of Rs 4753 on 17 December.
Fri, Sep 24, 2021
The information and technology (IT) heavyweights’ shares were on roll during Friday’s trading session, as at least four out of five IT major companies such as HCL Tech, Infosys, Wipro and Tech Mahindra has hit a new 52-week high on the NSE intraday today.
Tue, Oct 13, 2020
Investors who have taken a long term view on the Tata Consultancy Services (TCS) stock should remain invested in this stock, technical analyst Nilesh Jain of Anand Rathi opined. He said that this stock is likely to achieve the buyback price of Rs 3000 well in advance of the tendering date. TCS stocks are currently trading around Rs 2825
Zee Business Managing Editor Anil Singhvi expects profit booking in many IT stocks from here as most top stocks have already had a good run since the announcement of Tata Consultancy Services’ buyback and strong results. The Managing Editor said that this stock has become stable since the announcement of results and the buyback offer
Wed, Jul 17, 2019
Benchmark indices continued to gain for third consecutive session with the Nifty reclaiming 11,700 level intraday, driven by banks, FMCG and IT stocks.
Thu, Jun 13, 2019
India also has its own list of FAANG stocks including IT-majors like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies and Tech Mahindra.
Tue, Dec 11, 2018
Over the last few elections, markets have performed well, and today too, after quite a horrific fall, they returned to green. If you have invested in these sectors then you will likely gain a hefty amount today.
Tue, Nov 20, 2018
Shares of IT companies fell by up to 3 per cent Tuesday on a stronger rupee. The scrip of Wipro dropped 2.59 per cent, Infosys declined 1.64 per cent and TCS 1.28 per cent on BSE.
Fri, Oct 19, 2018
IT stocks declined up to 6 per cent Friday due to concerns over tightening of H1-B visa norms. Shares of Infosys dropped 3.11 per cent, TCS fell by 0.55 per cent and Wipro softened by 0.29 per cent on the BSE.
Mon, Sep 24, 2018
Except IT stocks, everything finished on negative note with banking and auto stocks emerging as worst performer.
Tue, Apr 24, 2018
Elara Capital had highlighted in its March 2018 report that the risk of multi-decade heavy over-ownership by mutual funds (MF) into Financials, which was built at the cost of massive under-ownership in IT. MF allocation into IT had dropped to more than a decade’s lows in November 2017 from where initial reversal has begun.
Mon, Jan 29, 2018
The survey pegged estimated gross domestic product growth for 2018-19 at 7-7.5%, compared with a forecast of 6.75% in the current fiscal year
Thu, Jan 25, 2018
Indian shares fell on Thursday, snapping a six-session record-setting rally, as investors booked profits in IT stocks, while large state-run lenders slid as they stood to receive less money than expected from a government recapitalisation plan.
According to market observers, profit booking in banking, IT and consumer durables stocks dampened the sentiment.
Jasani expects Finance Minister Arun Jaitley to allocate higher funds into infra, rural and housing in Budget 2018.
Wed, Jan 24, 2018
IT is the most undervalued sector in current market, there will be a lot of sectoral rotation with money moving out of inflated sectors particularly NBFCs, says an analyst
On the closing basis, RIL quoted the market cap of Rs 6.1 lakh crore, while TCS settled at the market cap of Rs 6 lakh crore after hitting a high of Rs 6.2 lakh crore during the day.
The market cap of TCS crossed the Rs 6 lakh crore mark, rallying nearly 5 per cent to its record high level.
Mon, Jan 22, 2018
After hitting the day's high of 35827.70 points, Sensex closed 0.81% higher at 35,798.01, while Nifty50 settled at 10,966.20, up 0.66%
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