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 Take Sagar Shetty, Research Analyst, Stoxbox said Capgemini's recent earnings report has had a noticeable impact on major IT companies such as TCS, Infosys, HCL Tech, TechM, and LTIM. “The decline in the IT index is mainly due to Capgemini's subdued outlook for 2025, with a revenue growth target of -2.0% to +2.0% at constant currency.

Tech Indian Infosys Tcs Tech Mahindra Capgemini Ltim Index Dips  earnings  weak  tech  infosys  indian  revenue  capgemini  tcs  outlook  companies  capgeminis  trade  nifty  mahindra  index  dips

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Top Gainers and Losers today on 26 March, 2025: Indusind Bank, Trent, Ntpc, Tech Mahindra among most active stocks; Check full list here
13 hours, 49 minutes ago

Top Gainers and Losers today on 26 March, 2025: Indusind Bank, Trent, Ntpc, Tech Mahindra among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The financial markets experienced a notable decline today, with the Nifty index closing at 23,668.65, down by 0.77%. The Nifty 50 has yielded varying returns over different timeframes, specifically: - Over the last week: 2.3% - Over the last month: 0.34% - Over the last three months: -2.14% - Over the last six months: …

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

Nifty IT slumps for 4th straight day, hits 8-month low; Infosys biggest drag
2 weeks ago

Nifty IT slumps for 4th straight day, hits 8-month low; Infosys biggest drag

Live Mint  

Indian stock market: The sharp sell-off in domestic technology stocks shows no signs of reversal as they extend their losing streak for the fourth consecutive trading session on Wednesday, March 12, sending the Nifty IT index tumbling another 4.1% in today's trade, hitting a 8-month low of 35,988 points and taking the four-day cumulative fall to 6%. Likewise, global brokerage …

Indian IT stocks face fresh selloff on weak US economic data; Nifty IT tanks over 1%
2 weeks, 5 days ago

Indian IT stocks face fresh selloff on weak US economic data; Nifty IT tanks over 1%

Live Mint  

Indian stock market: After a two-day relief rally, Indian technology stocks resumed their losing streak on Friday, March 6, tracking the 2.6% slide in the Nasdaq Composite overnight. Mounting global trade tensions and weak economic data from the U.S., the world's largest economy, are signaling weakness and unsettling investor sentiment, as this region accounts for the majority of revenue for …

Top Gainers and Losers today on 6 March, 2025: Asian Paints, Coal India, Tech Mahindra, Bharat Electronics among most active stocks; Check full list here
2 weeks, 6 days ago

Top Gainers and Losers today on 6 March, 2025: Asian Paints, Coal India, Tech Mahindra, Bharat Electronics among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index closed at 22,337.3, reflecting an increase of 0.93%. The Nifty 50 has delivered the following returns: - In the last 1 Week: 2.3% - In the last 1 Month: 0.34% - In the last 3 Months: -2.14% - In the last 6 Months: -1.49% - …

SME IT stock zooms 20% following relief rally on Dalal Street. Here’s why
2 weeks, 6 days ago

SME IT stock zooms 20% following relief rally on Dalal Street. Here’s why

Live Mint  

Capital Numbers Infotech share price were locked at 20% upper circuit of ₹185.50 apiece on the BSE Thursday after the company announced signing of a Memorandum of Understanding with Myren Inc. at the Mobile World Congress Barcelona 2025. AI-powered software solutions provider Capital Numbers Infotech said that it signed an MOU with Myren Inc. at the Mobile World Congress Barcelona …

Stock market recoups losses with IT, telecom, and energy stocks rising the most
3 weeks ago

Stock market recoups losses with IT, telecom, and energy stocks rising the most

Hindustan Times  

The stock market opened into the green as the trading session began on Tuesday, March 5, with mid and small cap IT and telecom, oil and gas, and larger cap IT stocks rising the most. At 9:20 am, the benchmark BSE Sensex rose by 182.24 points or 0.25 per cent, reaching 73,172.17. The broader NSE Nifty opened 49.80 points up …

Nifty IT index slides 14% YTD, sinks to 8-month low. What’s spooking India’s tech stocks?
3 weeks, 1 day ago

Nifty IT index slides 14% YTD, sinks to 8-month low. What’s spooking India’s tech stocks?

Live Mint  

Indian stock market: The pain in Indian technology stocks is deepening with each passing day as signs of a slowing U.S. economy—where Indian tech giants have significant revenue exposure—are unsettling investor sentiment, leading to a severe sell-off on Dalal Street. Additionally, diminishing expectations of multiple U.S. Fed rate cuts in 2025, coupled with global tech giants' ongoing concerns about growth …

Stock market opens green after last week's crash; Auto, metals, real estate rise
3 weeks, 2 days ago

Stock market opens green after last week's crash; Auto, metals, real estate rise

Hindustan Times  

The stock market opened into the green as the trading session began on Monday, March 3, with auto, metal, and real estate stocks rising the most. Among the Nifty sectoral indices, the Nifty Auto Index rose the most by 1.37 per cent, reaching 20,779.90. “The drop was the largest such decline since October 3.” The benchmark BSE Sensex closed 1,414.33 …

Top Gainers and Losers today on 28 February, 2025: HDFC Bank, Shriram Finance, Tech Mahindra, Wipro among most active stocks; Check full list here
3 weeks, 5 days ago

Top Gainers and Losers today on 28 February, 2025: HDFC Bank, Shriram Finance, Tech Mahindra, Wipro among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 22,545.05, marking a decline of 1.86%. The Nifty 50's performance over different time frames is as follows: - In the last week: 2.3% - In the last month: 0.34% - In the last three months: -2.14% - In the last six …

Nifty 50, Sensex suffer biggest intraday drop of 2025; IT stocks hit hard—10 key highlights of stock market today
3 weeks, 5 days ago

Nifty 50, Sensex suffer biggest intraday drop of 2025; IT stocks hit hard—10 key highlights of stock market today

Live Mint  

Indian stock market crash today: A wave of selling across the board in today's session, February 28, has sent both Nifty 50 and Sensex to record their worst intraday performance in the current calendar year so far. Stock market today: 10 key highlights Here are 10 key highlights of the Indian stock market today: Nifty 50, Sensex: Worst intraday performance …

Nifty IT crashes 4.5% to touch 6-month low on U.S. growth worries, biggest single-day drop since April 2023
3 weeks, 5 days ago

Nifty IT crashes 4.5% to touch 6-month low on U.S. growth worries, biggest single-day drop since April 2023

Live Mint  

Stock Market Crash: Indian stocks are witnessing a wave of selling in today's intraday session, February 28, as escalating global trade tensions prompt investors to flee risky assets in favor of safer investments, intensifying the pressure on equities. Today's decline is also the index’s biggest intraday drop since April 17, 2023, when it tumbled 4.71%. Rising trade tensions and growth …

Explained: Why IT stocks like TCS, Infosys, Tech Mahindra are falling today
3 weeks, 6 days ago

Explained: Why IT stocks like TCS, Infosys, Tech Mahindra are falling today

India Today  

The sharp decline in information technology stocks was one of the key factors behind Friday’s stock market crash. Tech Mahindra was the biggest loser among IT stocks, down nearly 5.5% at the time of publishing this report; Wipro was also down nearly 5%. IT stocks fell sharply due to the impact of Donald Trump’s latest announcement on tariffs that have …

Top Gainers and Losers today on 25 February, 2025: Mahindra & Mahindra, Bharti Airtel, Hindalco Industries, Dr Reddys Laboratories among most active stocks; Check full list here
1 month ago

Top Gainers and Losers today on 25 February, 2025: Mahindra & Mahindra, Bharti Airtel, Hindalco Industries, Dr Reddys Laboratories among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **The Top Gainers And Losers Today** The Nifty index concluded the trading session at 22,553.35, reflecting a decline of 0.03%. The Nifty 50 has demonstrated the following returns over various time frames: - In the last week: 2.3% - In the last month: 0.34% - In the last three months: -2.14% - In the …

Top Gainers and Losers today on 24 February, 2025: Mahindra & Mahindra, Dr Reddys Laboratories, Wipro, HCL Technologies among most active stocks; Check full list here
1 month ago

Top Gainers and Losers today on 24 February, 2025: Mahindra & Mahindra, Dr Reddys Laboratories, Wipro, HCL Technologies among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty index concluded the trading session at 22,795.9, representing a decline of 1.1%. The performance of the Nifty 50 over various periods is as follows: - Last 1 Week: 2.3% - Last 1 Month: 0.34% - Last 3 Months: -2.14% - Last 6 Months: -1.49% - Last …

Top Gainers and Losers today on 21 February, 2025: Hindalco Industries, Tata Steel, Mahindra & Mahindra, Bharat Petroleum Corporation among most active stocks; Check full list here
Trending News
1 month ago

Top Gainers and Losers today on 21 February, 2025: Hindalco Industries, Tata Steel, Mahindra & Mahindra, Bharat Petroleum Corporation among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 22,913.15, reflecting a decline of 0.61%. The performance of the Nifty 50 over various time frames is as follows: - In the last 1 Week: 2.3% - In the last 1 Month: 0.34% - In the last 3 Months: -2.14% - …

IT stocks lose steam amid Fed rate cut uncertainty, trade risks; Coforge and 6 other stocks fall up to 23% from peaks
1 month, 1 week ago

IT stocks lose steam amid Fed rate cut uncertainty, trade risks; Coforge and 6 other stocks fall up to 23% from peaks

Live Mint  

The Nifty IT Index has continued to outperform the broader Nifty 50 index over the past year. This surge was fueled by the U.S. Federal Reserve's consecutive rate cuts, which boosted investor sentiment as lower interest rates were expected to drive higher IT spending in the U.S. Additionally, Donald Trump's victory in the U.S. presidential elections further supported the rally. …

Tech Mahindra shares edge higher after THIS merger update. Do you own?
1 month, 1 week ago

Tech Mahindra shares edge higher after THIS merger update. Do you own?

Live Mint  

Tech Mahindra share price gained over a percent on Tuesday after the company announced a plan of merger between its two US-based subsidiaries. The IT major Tech Mahindra said that a plan of merger of Tech Mahindra Cerium Systems Inc., its wholly-owned subsidiary, with Tech Mahindra Inc., its wholly-owned material subsidiary, has been approved by the Board of Directors of …

Top Gainers and Losers today on 17 February, 2025: Adani Enterprises, Bajaj Finserv, Mahindra & Mahindra, Bharti Airtel among most active stocks; Check full list here
1 month, 1 week ago

Top Gainers and Losers today on 17 February, 2025: Adani Enterprises, Bajaj Finserv, Mahindra & Mahindra, Bharti Airtel among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **Top Gainers And Losers Today:** The Nifty Index concluded the trading session at 22,929.25, reflecting an increase of 0.13%. The Nifty 50 has demonstrated the following returns: - In the last week: 2.3% - In the last month: 0.34% - In the last three months: -2.14% - In the last six months: -1.49% - …

Sensex, Nifty fall as market sell-off continues; Mahindra shares fall 4%
1 month, 1 week ago

Sensex, Nifty fall as market sell-off continues; Mahindra shares fall 4%

India Today  

Benchmark stock market indices tanked in early trade on Monday, starting the week on a decline, and continuing the downward trend driven by fall in IT and auto stocks. The S&P BSE Sensex lost 458.91 points to 75,480.30, while the NSE Nifty50 shed 145.70 points to 22,783.55 as of 9:42 AM. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial …

Top Gainers and Losers today on 7 February, 2025: Tata Steel, Bharti Airtel, Oil & Natural Gas Corporation, ITC among most active stocks; Check full list here
1 month, 2 weeks ago

Top Gainers and Losers today on 7 February, 2025: Tata Steel, Bharti Airtel, Oil & Natural Gas Corporation, ITC among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The financial markets experienced notable fluctuations today, with the Nifty index closing at 23603.35, reflecting a decrease of 0.18%. The Nifty 50 has shown the following returns over various periods: - In the last week: 2.3% - In the last month: 0.34% - In the last three months: -2.14% - In the last six …

Earnings miss by Adani, Tata & other India Inc biggies sparks concerns over stock market outlook
1 month, 3 weeks ago

Earnings miss by Adani, Tata & other India Inc biggies sparks concerns over stock market outlook

Live Mint  

A deepening slowdown in corporate earnings is fueling fresh concern over India’s $4.1 trillion stock market, and threatening to undermine Prime Minister Narendra Modi’s latest efforts to revive growth. Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India’s top firms, including Adani Enterprises Ltd. and Tata Motors …

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 …

Top Gainers and Losers today on 22 January, 2025: Wipro, Infosys, Bharat Electronics, Tata Motors among most active stocks; Check full list here
Trending News
2 months ago

Top Gainers and Losers today on 22 January, 2025: Wipro, Infosys, Bharat Electronics, Tata Motors among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The financial market experienced notable movements on January 22, 2025, as indicated by the performance of key indices. Nifty Index Top Gainers and Losers Today The top gainers in the Nifty index included Wipro, Infosys, Tata Consultancy Services, Tech Mahindra, and Sun Pharmaceutical Industries. The following are the top gainers and losers during the …

Stock market today: Fag-end buying drives Sensex over 550 points higher, Nifty 50 above 23,150; IT stocks hog limelight
2 months ago

Stock market today: Fag-end buying drives Sensex over 550 points higher, Nifty 50 above 23,150; IT stocks hog limelight

Live Mint  

Stock Market Today: Indian markets bounced back sharply in Wednesday's trading session, January 22, recovering from the sharp sell-off witnessed in the previous session, which had pushed the front-line indices to a 7-month low. Commenting on today's market performance, "Vinod Nair, Head of Research, Geojit Financial Services said, "The benchmark indices rebounded amidst heightened volatility following better-than-expected results from a …

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

Indian IT’s top 5 might end this fiscal year a little better than the last
2 months, 1 week ago

Indian IT’s top 5 might end this fiscal year a little better than the last

Live Mint  

India’s largest information technology services companies are expected to perform marginally better in the current fiscal year compared to the previous one due to higher business from the Americas and growth markets such as Asia, with rise in hiring to match the growth. According to the guidance given by the companies for the three months ended March 2025, the country’s …

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 …

Markets drop in early trade dragged by Infosys, Axis Bank
2 months, 1 week ago

Markets drop in early trade dragged by Infosys, Axis Bank

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Friday after a three-day rally dragged by Infosys and Axis Bank. From the 30-share blue-chip pack, Infosys dropped over 5% despite raising its annual sales forecast for a third time this fiscal year. Infosys Ltd, India's second-largest IT services firm, on Thursday reported 11.46% rise in the third quarter …

Top Gainers and Losers today on 10 January, 2025: Tata Consultancy Services, Tech Mahindra, Shriram Finance, Indusind Bank among most active stocks; Check full list here
2 months, 2 weeks ago

Top Gainers and Losers today on 10 January, 2025: Tata Consultancy Services, Tech Mahindra, Shriram Finance, Indusind Bank among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 23,526.5, reflecting a decline of 0.4%. In terms of returns, the Nifty 50 has exhibited the following performance: - In the last week: -2.47% - In the last month: -4.86% - In the last three months: -6.34% - In the last …

TCS shares jump nearly 5 pc post-December quarter earnings
2 months, 2 weeks ago

TCS shares jump nearly 5 pc post-December quarter earnings

Live Mint  

New Delhi, Jan 10 Shares of Tata Consultancy Services jumped nearly 5 per cent on Friday morning after the IT services company reported an 11.95 per cent jump in December quarter net profit to ₹12,380 crore. The Tata Group company had reported a net profit of ₹11,058 crore in the year-ago period and ₹11,909 crore in the preceding September quarter. …

Nifty IT index jumps 2.8% after strong TCS Q3 results. Experts see THIS Accenture connect
2 months, 2 weeks ago

Nifty IT index jumps 2.8% after strong TCS Q3 results. Experts see THIS Accenture connect

Live Mint  

The Nifty IT index surged nearly 3% on Friday, driven by strong December quarter earnings reported by Tata Consultancy Services. All components of the Nifty IT index traded positively, with TCS, LTI Mindtree, Tech Mahindra, Wipro, Infosys, and Persistent Systems emerging as the top performers. TCS share price rally, following its strong Q3 results, bolstered sentiment across the IT sector …

TCS, Infosys, HCLTech rise up to 4%. Why IT stocks are rising today?
2 months, 2 weeks ago

TCS, Infosys, HCLTech rise up to 4%. Why IT stocks are rising today?

India Today  

Benchmark stock market indices settled lower after opening higher on Friday, reflecting high volatility in the market, with Sensex and Nifty falling nearly 0.5%. All the sectoral indices were in red but the IT sectoral index stood tall amid the bearish sentiment in the market and was the reason behind Sensex and Nifty opening higher today. Strong Q3 results from …

Indian shares edge lower on worries over likely moderation in earnings
2 months, 2 weeks ago

Indian shares edge lower on worries over likely moderation in earnings

Live Mint  

By Bharath Rajeswaran Jan 9 - India's benchmark indexes fell on Thursday, as worries over a likely moderation in corporate earnings for the December quarter and concerns over fewer rate cuts in the U.S. weighed on sentiment. India's blue-chip indexes have lost about 1.5% so far this week, while smallcaps and midcaps are down 3.5% and 2.7%, respectively, on worries …

Trent, M&M among top 10 Nifty 50 performers, deliver hefty 25-135% returns in last 12 months
2 months, 3 weeks ago

Trent, M&M among top 10 Nifty 50 performers, deliver hefty 25-135% returns in last 12 months

Live Mint  

Top gainers of 2024: The Indian stock market swung to record highs in the first few months of 2024, but poor corporate earnings and an exodus of foreign funds curtailed their annual gains to about 8.5 per cent, the lowest among major global peers and even pushed stocks into correction territory. 4.Bharti Airtel India's leading telecom major has emerged as …

Sensex, Nifty decline in early trade on New Year's eve, dragged down by IT stocks | Market updates
2 months, 3 weeks ago

Sensex, Nifty decline in early trade on New Year's eve, dragged down by IT stocks | Market updates

Hindustan Times  

The stock market opened deep into the red on Tuesday, December 31, continuing the fall seen towards the later part of Monday's trading session. People walk past the Bombay Stock Exchange building in Mumbai, India, March 9, 2020 At 9:30am, the benchmark BSE Sensex was down by a huge 401.40 points or 0.51%, reaching 77,846.73. Among the 30 Sensex stocks, …

Tata Tech share price down 25% this year, trades near an all-time low; is it a buying opportunity? Experts weigh in
3 months ago

Tata Tech share price down 25% this year, trades near an all-time low; is it a buying opportunity? Experts weigh in

Live Mint  

Tata Tech stock check: A day after plumbing an all-time low of ₹883.55, Tata Technologies share price saw a remarkable gain of nearly 4 per cent in intraday trade on BSE on Tuesday, December 24. Tata Technologies share price opened at ₹894.65 against its previous close of ₹889.85 and rose as much as 3.7 per cent to the level of …

Top Gainers and Losers today on 18 December, 2024: Trent, Dr Reddys Laboratories, Tata Motors, Power Grid Corporation Of India among most active stocks; Check full list here
3 months, 1 week ago

Top Gainers and Losers today on 18 December, 2024: Trent, Dr Reddys Laboratories, Tata Motors, Power Grid Corporation Of India among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The Top Gainers and Losers Today: The Nifty index concluded the trading session at 24,336.0, marking a decline of 0.56%. The Nifty 50 has yielded the following returns: - In the last week: -1.84% - In the last month: 3.14% - In the last three months: -4.68% - In the last six months: 2.68% …

TATA TECHNOLOGIES Share Price Today on 29-11-2024: TATA TECHNOLOGIES share price are up by 0.37%, Nifty up by 0.86%
3 months, 3 weeks ago

TATA TECHNOLOGIES Share Price Today on 29-11-2024: TATA TECHNOLOGIES share price are up by 0.37%, Nifty up by 0.86%

Live Mint  

TATA TECHNOLOGIES Share Price Today on 29-11-2024: At 29 Nov 11:20 today, TATA TECHNOLOGIES shares are trading at price ₹936.95, 0.37% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Infosys, LTIM, HCLTech, TCS: Why IT stocks are tumbling today
3 months, 3 weeks 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 …

Top Gainers and Losers today on 18 November, 2024: Hindalco Industries, Hero Motocorp, Tata Consultancy Services, Bharat Petroleum Corporation among most active stocks; Check full list here
4 months, 1 week ago

Top Gainers and Losers today on 18 November, 2024: Hindalco Industries, Hero Motocorp, Tata Consultancy Services, Bharat Petroleum Corporation among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty 50 index concluded the trading session at 23,532.7, reflecting a decline of 0.34%. The Nifty 50 has exhibited the following returns: - In the last 1 week: -2.85% - In the last 1 month: -5.63% - In the last 3 months: -4.55% - In the last …

This US tech firm is now bigger than some Indian IT companies. Here's how
4 months, 2 weeks ago

This US tech firm is now bigger than some Indian IT companies. Here's how

Live Mint  

US technology services firm EPAM Systems has emerged bigger than LTIMindtree Ltd and grown faster than Tech Mahindra Ltd with a simple hack: doubling its employee strength in India. In this period, Tech Mahindra, India’s fifth-largest information technology services provider by revenue, recorded a growth rate of 0.32%, reaching a revenue of $1.6 billion at the end of July-September 2024 …

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 …

Top Gainers and Losers Today: A Snapshot of the Nifty and Sensex Market
4 months, 3 weeks ago

Top Gainers and Losers Today: A Snapshot of the Nifty and Sensex Market

Live Mint  

Top gainers and losers today in the Indian stock market show significant movements. The Nifty index experienced a decline of 0.56%, with top gainers including Cipla, Larsen & Toubro, Dr. Reddy's Laboratories, Oil & Natural Gas Corporation, and Hero Motocorp. Conversely, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Infosys, and Wipro were among the top losers. In the BSE, Cipla, …

Top Gainers and Losers today on 18 September, 2024: Shriram Finance, Bajaj Finance, Tata Consultancy Services, HCL Technologies among most active stocks; Check full list here
6 months, 1 week ago

Top Gainers and Losers today on 18 September, 2024: Shriram Finance, Bajaj Finance, Tata Consultancy Services, HCL Technologies among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded trading at 25,418.55, reflecting a decrease of 0.16%. The Nifty 50 has demonstrated the following returns: - **In the last week**: 1.86% - **In the last month**: 3.29% - **In the last three months**: 7.74% - **In the last six months**: 15.08% - **In the …

IT leads rise in Indian shares
7 months ago

IT leads rise in Indian shares

Hindustan Times  

By Bharath Rajeswaran and Kashish Tandon IT leads rise in Indian shares BENGALURU -Indian shares tracked Asian peers higher on Tuesday, led by information technology stocks, on hopes the U.S. Federal Reserve will start cutting rates from September. Expectation of a sharp U.S. rate cut in September and data showing that U.S. economy will most likely avoid a recession are …

MCap of top 8 companies slides ₹1.28 lakh crore, TCS and Infosys biggest losers among top 10 most valued companies
7 months, 3 weeks ago

MCap of top 8 companies slides ₹1.28 lakh crore, TCS and Infosys biggest losers among top 10 most valued companies

Live Mint  

Eight out of the top 10 most valued companies in India collectively lost ₹1,28,913.5 crore in market value last week, PTI reported. IT major TCS' value shrunk by ₹37,971.83 crore to ₹ ₹15,49,626.88 crore, making it the single biggest laggard among the top 10 companies. Further, telecom major Bharti Airtel's value declined by ₹11,821.5 crore to ₹ ₹8,50,389.88 crore; followed …

India's top 5 IT firms continue headcount decline for 7th straight quarter
7 months, 3 weeks ago

India's top 5 IT firms continue headcount decline for 7th straight quarter

Business Standard  

TCS led the ranking with total 606,998 employees, while Infosys came in second with 315,332 employees For the seventh consecutive quarter, India’s top five IT services firms have experienced a decline in headcount. The news report quoted Deepti S, business head of technology staff augmentation at staffing company Xpheno saying, “The gradual slowdown of the degrowth with the quantum of …

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