TCS vs Infosys vs Wipro: Which IT stock stands strongest ahead of the US presidential election 2024? Experts weigh in
4 months, 3 weeks ago

TCS vs Infosys vs Wipro: Which IT stock stands strongest ahead of the US presidential election 2024? Experts weigh in

Live Mint  

The US presidential election in 2024 could have a major impact on the outlook for Indian IT service providers. Trivesh D, COO of Tradejini, pointed out that the Indian IT sector has historically shown resilience around major US events, including elections, despite its heavy dependence on American clients and the broader US economic climate. "Since 2020, the Nifty IT index has posted a substantial 104 per cent gain, reflecting the sector’s long-term strength despite recent pullbacks, like the 3.7 per cent decline observed in October. As US fiscal and monetary policies shape demand cycles, Indian IT firms could continue to benefit, especially if the Fed introduces rate cuts or if BFSI spending increases in the tech-driven US economy. “We anticipate strong support for Infosys around the ₹1,680 level due to multiple support indicators, presenting an opportunity for investors to gradually accumulate shares with a medium- to long-term perspective,” Mishra said.

Election Indian Index Nifty Demand Sector Cent Mishra Major Tcs Wipro Tapse Vs Infosys  major  cent  stands  weigh  wipro  election  presidential  experts  nifty  sector  indian  demand  strongest  stock  tcs  index  vs  infosys

History of this topic

TCS, HCLTech, Infosys, Wipro: Why IT stocks are rising today
4 days, 6 hours ago

TCS, HCLTech, Infosys, Wipro: Why IT stocks are rising today

India Today  

Several major information technology sector stocks gained sharply in early trade on Tuesday, providing a boost to the rally on Dalal Street. Major IT stocks opened in the green today, taking cues from the positive overnight trading session on Wall Street. The sharp rise in US tech stocks contributed to the broader rally on Wall Street, marking it first winning …

Infosys, TCS, HCLTech gain up to 2%: Why are IT stocks rising today?
1 week, 2 days ago

Infosys, TCS, HCLTech gain up to 2%: Why are IT stocks rising today?

India Today  

Sensex and Nifty opened higher on Thursday, continuing their positive trend for the fourth straight session. As a result, the benchmark indices saw strong gains with Sensex jumping over 500 points, while Nifty also gained nearly 150 points to cross the 23,000 mark. IT STOCKS LEAD RALLY ON D-STREET IT sector stocks showcased strong performance in early trade with the …

TCS, Infosys, HCLTech: Why major IT stocks are falling today
1 week, 3 days ago

TCS, Infosys, HCLTech: Why major IT stocks are falling today

India Today  

Major information technology stocks took a hit in early trade on Wednesday, with the Nifty IT index sliding over 2% as investors turned cautious ahead of the US Federal Reserve’s policy decision. Shares of TCS and Infosys dropped 2%, while other IT names like HCLTech, Tech Mahindra, LTIMindtree, and Coforge also traded in the red. Adding to the pressure, brokerage …

TCS, Infosys to Tech Mahindra: Nifty IT index dips after weak Capgemini earnings
1 month, 1 week ago

TCS, Infosys to Tech Mahindra: Nifty IT index dips after weak Capgemini earnings

Live Mint  

Stock market today: Shares of IT companies declined in the early morning trade on Wednesday, February 19, following a weak set of earnings announcements by the French IT consulting firm Capgemini. Capgemini reported a 2% decline in its annual constant currency sales, Reuters reported, but narrowly beat analyst estimates, helped by sustained demand for its cloud and AI services. Expert …

For large-cap IT investors, the wait for redemption can be a long one
2 months ago

For large-cap IT investors, the wait for redemption can be a long one

Live Mint  

—Lemony Snicket 9 March 2006. “The entire beat was led by higher revenue from sale of third-party items bought for service delivery to clients that contributed incremental USD 78 mn to revenue versus reported incremental revenue for the quarter of USD 45 mn," analysts at Kotak Institutional Equities said in a note. “While large-cap IT firms’ topline growth continued to …

Wipro, TCS to Infosys: Why are Indian IT stocks rising despite volatile Indian stock market? EXPLAINED
2 months, 1 week ago

Wipro, TCS to Infosys: Why are Indian IT stocks rising despite volatile Indian stock market? EXPLAINED

Live Mint  

Stock market today: Shares of Indian information technology companies rose in trade on Wednesday, January 22 despite high volatility in the stock market. Ross Maxwell, Global Strategy Operations Lead at VT Markets had said that Asia's economies may face volatility due to Trump's trade wars and tariffs, but some sectors — like tech and defence — could thrive. Lastly, there …

Sensex, Nifty open higher driven by a rally in IT sector stocks; Wipro gains 2%
2 months, 1 week ago

Sensex, Nifty open higher driven by a rally in IT sector stocks; Wipro gains 2%

India Today  

Benchmark stock market indices gained in early trade to open higher on Wednesday after witnessing a crash in the last session. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, ""President Trump’s orders and announcements, so far, have been disruptive. Wipro led the IT sector stocks with a healthy gain of 2.11%, followed by Infosys which rose 1.58%. …

TCS vs Wipro vs Infosys vs HCL Tech: Which stock to buy after Q3 results 2025?
2 months, 1 week ago

TCS vs Wipro vs Infosys vs HCL Tech: Which stock to buy after Q3 results 2025?

Live Mint  

Even though the December quarter earnings of domestic IT majors TCS, Infosys, HCL Tech, and Wipro were mixed, they did not bring many disappointments. TCS Q3 results Consolidated revenue from operations of the IT bellwether grew 5.6 per cent year-on-year to ₹63,973 crore from ₹60,583 crore in the same quarter last year. HCL Tech Q3 results HCL Tech's consolidated net …

Infosys, LTIM, HCLTech, TCS: Why IT stocks are tumbling today
4 months ago

Infosys, LTIM, HCLTech, TCS: Why IT stocks are tumbling today

India Today  

Shares of leading Indian IT companies faced significant pressure on Thursday, with stocks like Infosys, TCS, HCLTech, Tech Mahindra, LTIMindtree, and LTTS declining by 2-4%. This raised doubts about the pace of interest rate cuts by the US Federal Reserve, with traders now estimating a 65% chance of a rate cut next month. "The inflation numbers have renewed fears of …

Nifty IT jumps 4% ahead of US election outcome; TCS, Infosys among lead gainers: What is driving IT stocks?
4 months, 3 weeks ago

Nifty IT jumps 4% ahead of US election outcome; TCS, Infosys among lead gainers: What is driving IT stocks?

Live Mint  

Stock Market Today: IT stocks posted strong gains in Wednesday's trade, lifting the Nifty IT sectoral index higher despite ongoing uncertainty surrounding the 2024 US election outcome. While the final outcome of the US presidential election will be clear later, early trends show former President Donald Trump taking the lead against Vice President Kamala Harris. "Given their significant presence in …

TCS share price jumps after Q1 results, brokerages say 'worst is over' for the stock
8 months, 2 weeks ago

TCS share price jumps after Q1 results, brokerages say 'worst is over' for the stock

Hindustan Times  

Tata Consultancy Services' shares gained today after India's top IT services firm reported first-quarter results which signalled early signs of revival for the sector. TCS' growth across all verticals, excluding telecom, coupled with net hiring at a seven-quarter high, are signs of a revival, Jefferies said after TCS Chief Executive K Krithivasan said that he expects FY25 to be better …

Q4 results: TCS reports profit, but what of Infosys and Wipro?
11 months, 1 week ago

Q4 results: TCS reports profit, but what of Infosys and Wipro?

Hindustan Times  

Indian IT firms are all getting ready to reveal their Q4 results and things are looking a little brighter after the biggest tech firm in India, the Tata Consultancy Services reported a profit that actually beat street estimates last week. Bloomberg says, “The annual revenue at Infosys likely grew at the slowest pace since the 2018 fiscal year, consensus shows. …

TCS vs Infosys vs Wipro vs HCL Tech: Which IT stock to buy ahead of Q1 results?
1 year, 8 months ago

TCS vs Infosys vs Wipro vs HCL Tech: Which IT stock to buy ahead of Q1 results?

Live Mint  

Q1 results 2023: First quarter results season for the financial year 2023-24 kickstart this week, however Dalal Street is eagerly waiting for 12th July 2023 when IT giants Tata Consultancy Services and HCL Technologies will declare their Q1FY24 results. They said that among four Indian IT majors, Infosys had given weak guidance after the fourth quarter results in the previous …

Nifty IT hits fresh 1-year low, all shares in red. Which stocks to buy/sell?
1 year, 11 months ago

Nifty IT hits fresh 1-year low, all shares in red. Which stocks to buy/sell?

Live Mint  

IT indexes were in a bloodbath on Monday after Infosys' Q4 earnings came in lower than estimates. Infosys emerged as the top loser, while peers TCS, HCL Tech, Tech Mahindra, and Wipro have also witnessed a significant drop in share prices. Infosys rivals like HCL Tech saw a 2.8% contraction, and Wipro and TCS shed around 1.8% and 1.6% respectively. …

Are IT stocks the ITC of 2023?
2 years ago

Are IT stocks the ITC of 2023?

Live Mint  

ITC was probably the most talked about stock of 2021 and 2022. From the lows of April 2020 to January 2021, the ITC stock was up 30%, while the BSE Sensex was up 133%. From ₹220 in January 2022, the stock shot up 60% to ₹356 by November 2022 and eventually touched its all-time high of ₹392 in March 2023. …

Infosys, TCS shares: Why BNP Paribas is bullish on these 2 Indian IT stocks
2 years, 4 months ago

Infosys, TCS shares: Why BNP Paribas is bullish on these 2 Indian IT stocks

Live Mint  

The BNP Paribas IT services industry outlook index indicates that near-term revenue growth outlook remains strong, helped by strong deal wins. “Downside risks to the DCF-based TP are sharper-than-expected decline in global economic activity and GDP growth, margin pressure from increased competition, sustained INR appreciation vs the USD, and current cost inflation seen by IT services companies not getting fully …

TCS, Infosys Downgraded By Goldman Sachs From 'Buy' To 'Sell', Wipro Upgraded; Check Details
2 years, 6 months ago

TCS, Infosys Downgraded By Goldman Sachs From 'Buy' To 'Sell', Wipro Upgraded; Check Details

News 18  

Goldman Sachs has downgraded India’s major IT services companies Tata Consultancy Services and Infosys from ‘buy’ to ‘sell’ citing a potential slowdown in their dollar revenue growth amid impending global macroeconomic stress. For the June 2022 quarter, TCS reported a consolidated net profit of Rs 9,478 crore, a jump of 5.2 per cent on a year-on-year basis. The company’s revenue …

TCS, Infosys shares trade near 52-week lows. Good levels to buy?
2 years, 9 months ago

TCS, Infosys shares trade near 52-week lows. Good levels to buy?

Live Mint  

Shares of top Indian IT companies Tata Consultancy Services and Infosys have fallen sharply amid the current market volatility and the IT stocks are trading near their respective 52-week low levels. Domestic brokerage and research firm Motilal Oswal is bullish on the IT stocks and has Buy tags on both TCS and Infosys shares with a target price of ₹4,240 …

TCS vs Infosys Q4 results: Who performed better during Covid-19 pandemic?
2 years, 11 months ago

TCS vs Infosys Q4 results: Who performed better during Covid-19 pandemic?

India Today  

Tata Consultancy Services and Infosys have announced their results for the fourth quarter of financial year 2021-22 that ended on March 31. PROFIT India's largest IT firm, TCS, has reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore. India's second-largest software services company, Infosys, saw its net profit in the March quarter surge …

TCS Beats IBM to Become Second Most Valuable IT Firm Globally; Infosys, Wipro Shine
3 years, 2 months ago

TCS Beats IBM to Become Second Most Valuable IT Firm Globally; Infosys, Wipro Shine

News 18  

IT major Tata Consultancy Services, owned by the Tata Group, has become the second-most valuable company in the IT services sector in the world, according to a valuation firm survey. As per leading valuation company Brand Finance, Tata Consultancy Services or TCS has risen up to second position in the ‘Brand Finance IT Services 25 2022’ ranking. On the other …

Infosys in a sweet spot as it races past TCS on profit growth in FY21
4 years, 2 months ago

Infosys in a sweet spot as it races past TCS on profit growth in FY21

Live Mint  

On Monday, in response to Tata Consultancy Services Ltd’s better-than-expected December quarter results, investors drove the company’s shares up by 1.8%. In constant currency terms, Infosys’s revenues have risen 6.6% year-on-year, compared to a mere 0.4% growth in the case of TCS. And, in a clear sign that the growth differential may continue for some time, Infosys announced that the …

TCS share hits an all time high, 35% up in 2020
4 years, 3 months ago

TCS share hits an all time high, 35% up in 2020

Live Mint  

Shares of Tata Consultancy Services, India's largest IT services climbed 1.3% intraday to hit an all time high of ₹2,948 per share on NSE with market capitalisation of ₹11.03 lakh crore. The shares of the IT companies are on a record breaking spree after Infosys and Wipro announced large deal wins. The deal would help TCS get scale in Germany …

Slowdown in US economy threatens TCS, Infosys, Wipro
6 years, 2 months ago

Slowdown in US economy threatens TCS, Infosys, Wipro

Live Mint  

For this reason, analysts will be closely monitoring management commentary from homegrown IT firms on the growth outlook for the companies when they report earnings starting next week. US accounts for bulk of business, between 55% and 70% for the five largest companies, including TCS, Infosys, HCL Technologies Ltd, Wipro and Tech Mahindra. “We need to wait and see how …

TCS vs Infosys: How the technology giants' fourth quarter earnings stack up in ten charts
6 years, 11 months ago

TCS vs Infosys: How the technology giants' fourth quarter earnings stack up in ten charts

Firstpost  

Looking at the financials, TCS has clearly emerged as the winner. Post market hours, on Friday, Infosys, India’s second-largest IT company, reported a 28 percent sequential fall in March quarter net profit to Rs 3,690 crore, in line with analysts’ expectations. On the net profit front, TCS’s net profit of Rs 6,904 crore for the March quarter was the highest …

TCS shares underperform Nifty for fourth year in a row
7 years, 3 months ago

TCS shares underperform Nifty for fourth year in a row

Live Mint  

Mumbai: Shares of Tata Consultancy Services Ltd, India’s largest IT firm by market value, underperformed the benchmark Nifty 50 index for the fourth consecutive year in 2017. Brokerage firm Nomura Research finds valuations of TCS to be expensive as it is not convinced on margin sustainability and expects earnings before interest and tax margins to fall to 23.9% in fiscal …

TCS confident of maintaining leadership position in domestic market, says CEO Rajesh Gopinathan
8 years, 1 month ago

TCS confident of maintaining leadership position in domestic market, says CEO Rajesh Gopinathan

Firstpost  

For Indian IT companies, America accounts for the lion’s share of revenues at about 60 per cent, while Europe and the UK contribute about 20 per cent. India’s largest software services exporter TCS says it is confident of maintaining leadership position in the domestic market that is witnessing strong technology adoption in private as well as public sectors. The company …

IT stocks buck weak market trend, gain up to 3.5% on Re fall
11 years, 9 months ago

IT stocks buck weak market trend, gain up to 3.5% on Re fall

India TV News  

Mumbai, June 7: Led by TCS, IT stocks today gained up to 3.5 per cent in an otherwise weak stock market as sentiments turned buoyant amid weakness in the rupee value against the US currency as a stronger dollar boosts the sales of software firms in rupee terms. Shares of IT giant TCS rose by 3.48 per cent to close …

IT results review: TCS beats the rest, hands down
13 years, 2 months ago

IT results review: TCS beats the rest, hands down

Firstpost  

Since it is clearly ahead of the others in terms of future expectations, TCS’s shares currently trade at 21 times its estimated earnings for the year ending March 2012. While all the bigwigs - TCS, Infosys, Wipro and HCL Tech - met the Street’s expectations in terms of the December-quarter performance, their guidance for future growth disappointed investors. Banking and …

TCS Was Often Benchmarked Against Infosys Nearly A Decade Ago : Ramadorai
13 years, 4 months ago

TCS Was Often Benchmarked Against Infosys Nearly A Decade Ago : Ramadorai

India TV News  

New Delhi, Nov 13: Today it is the country's largest software exporter, but nearly a decade ago many investors evaluated TCS with Infosys as the benchmark and even Tata Group chief Ratan Tata had applauded the competitor's governance and transparency, says a new book. At the time of the company's initial public offering in 2004 investors even perceived that “TCS …

IT stocks fall sharply on bourses on U.S. crisis
13 years, 7 months ago

IT stocks fall sharply on bourses on U.S. crisis

The Hindu  

Shares of IT companies, which earn a major chunk of their revenue from the U.S. and the Europe, fell sharply on the bourses on Monday on concerns over the U.S. losing its top-notch credit rating due to mounting debts. Similarly, India’s third largest IT company Wipro shed 5.53 per cent and was quoting at Rs. Weakness was seen in the …

Discover Related