Articles for It Stocks

Sensex nosedives 1,100 points, Nifty falls below 23,600; IT stocks tumble
3 days, 15 hours ago

Sensex nosedives 1,100 points, Nifty falls below 23,600; IT stocks tumble

India Today  

Benchmark stock market indices fell sharply during Friday’s trading session, extending their weak run throughout the week. All broader market indices also fell as volatility spiked following the US Federal Reserve’s recent commentary on rate cuts. Other key sectoral indices like Nifty Bank and Nifty Financial Services also saw sharp losses. Broader weakness in Asian markets, triggered by the US …

Stocks Fii Fed It Stocks Nifty Falls
Sensex tumbles 1,000 points. What's behind the bloodbath on Dalal Street?
3 days, 15 hours ago

Sensex tumbles 1,000 points. What's behind the bloodbath on Dalal Street?

India Today  

Benchmark indices extended losses on Friday, with the S&P BSE Sensex and NSE Nifty50 plunging over 1.3% each amid heightened market volatility. IT STOCKS UNDER PRESSURE The biggest drag on the market was a sharp decline in IT stocks following the US Federal Reserve’s downward revision of its 2025 interest rate cut forecast. This shift is pressuring large-cap stocks, especially …

Market Fii Fed Sensex It Stocks
Stock market today: Nifty 50, Sensex slip ahead of CPI data; IT stocks shine on Fed rate cut optimism
Trending News
1 week, 4 days ago

Stock market today: Nifty 50, Sensex slip ahead of CPI data; IT stocks shine on Fed rate cut optimism

Live Mint  

Indian markets experienced a volatile session on Thursday, December 12, despite a strong handover from Wall Street, as investors exercised caution ahead of India's key retail inflation data, scheduled for release later in the day. Broader markets also saw declines, with the Nifty Midcap 100 finishing 0.46% lower at 59,021, and the Nifty Smallcap 100 index recording a steeper drop …

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Stocks to watch today: Reliance Power, Cipla, Shriram Finance, IT stocks
1 week, 4 days ago

Stocks to watch today: Reliance Power, Cipla, Shriram Finance, IT stocks

India Today  

The stock market is expected to open higher on Thursday, tracking gains in Asian markets. In today’s session, several stocks such as Reliance Power Ltd, Cipla, PC Jeweller, tec are likely to be in focus due to recent developments. RELIANCE POWER LTD Reliance Power Ltd will be under the spotlight after its subsidiary, Reliance NU Suntech, won a 930 MW …

India Power Crore Cipla Reliance Power Jeweller It Stocks
HCL Tech vs Tech Mahindra: Which IT stock should you pick now that US elections are over?
1 month ago

HCL Tech vs Tech Mahindra: Which IT stock should you pick now that US elections are over?

Live Mint  

HCL Tech vs Tech Mahindra: IT stocks have been in focus since the US election results were announced. Tech Mahindra has climbed almost 36 per cent year-to-date, while HCL Tech has gained over 23 per cent during the same period. Over the past year, both IT stocks delivered positive returns, with HCL Tech rising 41.5 per cent and Tech Mahindra …

Growth Tech Indian Stock Revenue Mahindra Spending
Sensex surges 2,000 points, Rs 7 lakh crore added: 4 key factors behind market rally
1 month ago

Sensex surges 2,000 points, Rs 7 lakh crore added: 4 key factors behind market rally

India Today  

Benchmark indices witnessed a strong recovery rally on Friday, driven by strong buying across sectors such as banking, financial, IT, and energy. The widespread gains reflected robust investor sentiment across key sectors, with banking and IT stocks showing particular resilience. Vishnu Kant Upadhyay, AVP - Research and Advisory at Master Capital Services, said, “The key benchmark indices witnessed a significant …

Stocks Market Recovery Bse Sensex Gains Investor
Nifty IT jumps 4% ahead of US election outcome; TCS, Infosys among lead gainers: What is driving IT stocks?
1 month, 2 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 …

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IT stocks boost Nifty 50 to a record high, tops 25,100. Here's why
3 months, 3 weeks ago

IT stocks boost Nifty 50 to a record high, tops 25,100. Here's why

Hindustan Times  

NSE Nifty 50 recovered from a flat start to hit record highs on Wednesday, boosted by extended gains in information technology stocks as traders look forward to rate cuts by the US Federal Reserve. The S&P BSE Sensex rose 0.28% to 81,945.08, just shy of record high levels hit on August 1. "We are getting a lot of retail inflows, …

Stock Nifty It Stocks High Tops
Markets Today: Sensex climbs 226 points in early deals on buying in IT stocks after TCS earnings
5 months, 1 week ago

Markets Today: Sensex climbs 226 points in early deals on buying in IT stocks after TCS earnings

The Hindu  

Equity benchmark indices Sensex and Nifty hit their fresh record high levels on Friday, July 12, 2024, amid heavy buying in IT stocks after TCS announced its June quarter earnings. Among the Sensex pack, Tata Consultancy Services climbed nearly 6 per cent after the country’s largest IT services player reported 8.7 per cent growth for the June quarter net profit …

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Sensex, Nifty hit record high on buying in IT stocks after TCS earnings
5 months, 1 week ago

Sensex, Nifty hit record high on buying in IT stocks after TCS earnings

New Indian Express  

MUMBAI: Equity benchmark indices Sensex and Nifty hit their fresh record high levels on Friday amid heavy buying in IT stocks after TCS announced its June quarter earnings. Among the Sensex pack, Tata Consultancy Services climbed nearly 6 per cent after the country's largest IT services player reported 8.7 per cent growth for the June quarter net profit at Rs …

Nifty Sensex Tcs It Stocks
Nifty IT index ends 3-month downturn in June, surges 12% to record largest monthly jump since Aug 2021
5 months, 3 weeks ago

Nifty IT index ends 3-month downturn in June, surges 12% to record largest monthly jump since Aug 2021

Live Mint  

In June, IT stocks ended their three-month bearish streak, marking one of their strongest monthly performances. The Nifty IT index concluded the month with an impressive gain of 11.65%, marking the largest monthly jump since August 2021. The advent of artificial intelligence is bringing new business opportunities to Indian IT companies, allowing them to leverage AI to provide innovative solutions …

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Why IT stocks are rising today ahead of US Fed policy decision
6 months, 1 week ago

Why IT stocks are rising today ahead of US Fed policy decision

Hindustan Times  

Indian shares opened higher supported by gains in US interest rate-sensitive IT stocks ahead of the US inflation reading and the Federal Reserve's updated rate projections. Stock Market today: IT companies, that count the US as a key revenue geography, jumped 1.25% today. It is widely expected that US headline consumer price inflation has eased last month but a stronger-than-expected …

Fed It Stocks Stocks Rising
Markets fall in early trade dragged by IT stocks, weak trends from Asian peers
9 months ago

Markets fall in early trade dragged by IT stocks, weak trends from Asian peers

The Hindu  

Benchmark equity indices tanked in early trade on March 22, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. From the Sensex basket, HCL Technologies, Wipro, Infosys, Tech Mahindra, Tata Consultancy Services and Tata Motors were the major laggards. "IT stocks may see a slowdown following Accenture's revised …

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Infosys share price touches 52-week high. Buy, hold or book profit?
11 months ago

Infosys share price touches 52-week high. Buy, hold or book profit?

Live Mint  

Stock market today: Infosys shares have been in uptrend after the announcement of Q3 results 2024 on 11th January 2024. Extending its bull trend for yet another session during Friday morning deals, Infosys share price today opened upside and went on to touch an intraday high of ₹1,665.50 per share on the NSE, which turned out its new 52-week high. …

Price Stock Share Fresh Infosys It Stocks Infosys Share Price
Infosys, TCS to HCL Tech: Why IT stocks are skyrocketing after US Fed meeting?
1 year ago

Infosys, TCS to HCL Tech: Why IT stocks are skyrocketing after US Fed meeting?

Live Mint  

Stock market today: IT stocks have been in bull trend since early morning deals. Indian IT major Tata Consultancy Services or TCS share price has surged to the tune of 2 per cent and came close to its 52-week high of ₹3,698.40 apiece on NSE, Infosys shares went up around 3 per cent, HCL Tech share price shot up around …

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IT stocks gain 22-92% from their 52-week lows. What is fuelling the rally?
1 year, 3 months ago

IT stocks gain 22-92% from their 52-week lows. What is fuelling the rally?

Live Mint  

Indian stock market: Only a few months ago, a significant portion of market participants exhibited caution towards IT stocks. HCL Tech share price, Tech Mahindra share price, Infosys share price, Wipro share price and TCS share price have each gained in this order from their 52-week low levels. Aamar Deo Singh, Head of Advisory at Angel One observed that the …

Stocks Indian Index Price Stock Nifty Singh
IT drags Sensex below 65,400, Nifty ends 55 pts lower; Infosys, Adani Ent shed
1 year, 5 months ago

IT drags Sensex below 65,400, Nifty ends 55 pts lower; Infosys, Adani Ent shed

Live Mint  

Share Market Today: Sensex and the Nifty ended in the red after a sharp fall towards the end with IT stocks dragging the market, while PSU Bank sector remained steady. Share Market Noon Update: Sensex and Nifty shed marginally after remaining in green most of the session; IT sector drags with gaming cos feeling the heat of GST decision View …

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TCS to HCL Tech: Why you should buy IT stocks before RBI MPC meeting outcome
1 year, 6 months ago

TCS to HCL Tech: Why you should buy IT stocks before RBI MPC meeting outcome

Live Mint  

Stocks to buy today: Ahead of the Reserve Bank of India monetary policy committee meeting or RBI MPC meeting outcome, which is expected today, stock market is speculating rate-pause announcement from the RBI governor. Stock market experts are of the opinion that RBI keeping interest rate unchanged would attract foreign investors as global market">global market has already discounted 25 bps …

Stocks Market Indian Stock Market Term Long Rbi Meeting
Markets halt 9-days gaining spree; IT stocks worst hit post weak TCS, Infosys Q4
1 year, 8 months ago

Markets halt 9-days gaining spree; IT stocks worst hit post weak TCS, Infosys Q4

Live Mint  

Markets faced an intense spell of bears on Monday with Sensex and Nifty 50 erasing their psychological levels of 60,000 and 17,700 respectively. The biggest elephant in the room would be IT stocks which were a hot mess in today's trading session after a weak fourth quarter from tech giants TCS and Infosys. Infosys touched a new 1-year low today …

Stocks Market Tech Index Nifty Bse Points
Why Sensex, Nifty fell today after 9 days of rally - explained
1 year, 8 months ago

Why Sensex, Nifty fell today after 9 days of rally - explained

Live Mint  

The stock market is bleeding on the first trading session of this week as investors showed a frenzy selling in major tech stocks after a disappointing fourth quarter from biggies like TCS and Infosys. Explaining the reason behind why markets tumbled today, Sonam Srivastava- Founder at Wright Research- an investment advisory firm, said, "The market is down today due to …

India Europe Tech Bank Nifty Bse Points
FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling
1 year, 8 months ago

FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling

Live Mint  

Foreign portfolio investors have been buyers throughout the trading sessions in April month so far. As per NSDL data, FPIs invested ₹8,767 crore in Indian equities so far in April month. Riding on the back of impressive buying in equities, FPIs investment in the overall domestic market stays positive with an inflow of ₹7,349 crore despite selling in other instruments …

Stocks Market Indian Crore Indian Equities Fpis Invest
FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling
1 year, 8 months ago

FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling

Live Mint  

Foreign portfolio investors have been buyers throughout the trading sessions in April month so far. As per NSDL data, FPIs invested ₹8,767 crore in Indian equities so far in April month. Riding on the back of impressive buying in equities, FPIs investment in the overall domestic market stays positive with an inflow of ₹7,349 crore despite selling in other instruments …

Stocks Market Indian Crore Indian Equities Fpis Invest
HCL Tech puts IT investors on edge
2 years ago

HCL Tech puts IT investors on edge

Live Mint  

HCL Technologies Ltd’s stock was the biggest loser among the Nifty 50 companies on Friday, falling almost 7%. A key highlight of HCL’s US Investor Day held last week is that it now expects FY23 revenue growth to be at the lower end of the guidance of 13.5-14.5% in constant currency terms. Just two months ago, post the September quarter …

India Nifty End Margin Chandra It Stocks Fy23
Markets end lower as IT stocks drag; Sensex, Nifty 50 see worst week in 2 mnths
2 years ago

Markets end lower as IT stocks drag; Sensex, Nifty 50 see worst week in 2 mnths

Live Mint  

Global recession fear was back to haunt investors and IT stocks toppled sharply, extending their losses which took a heavy toll on Indian markets on Friday. However, global bourses were largely positive, although the Fed is expected to raise interest rates by 50 basis points next week." Although the dollar has corrected substantially ahead of Fed's next policy meet where …

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