Thu, Apr 18, 2024
Infosys shares log mild gains ahead of Q4 results today; here's what to expect
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Tue, Apr 16, 2024
As of 1:46 p.m., Nifty IT was down 2.37 per cent at 33,646 with all of its 10 constituents trading in the red.
Mon, Apr 08, 2024
Dividend-paying IT stocks: IT bellwether Tata Consultancy Services (TCS) is set to kick-start a new earnings season for India Inc. by reporting its Q4 results this week. The majority of tech players have declared their Q4 result dates and proposed dividend rewards
Tue, May 24, 2022
The Indian market continued to trade range bound amid volatility as Nifty failed to give any decisive breakout even on Tuesday.
Tue, Apr 19, 2022
Stock market have given a sharp negative reaction on the Q4 results of IT companies TCS and Infosys along with HDFC Bank's March quarter results. What lies for the markets if bank and IT companies' results disappoint?
Shares of Mindtree fell nearly 3% on Tuesday despite the IT firm reported a 49% jump in net profit in the quarter ended March 31.
Tue, Apr 12, 2022
Information Technology (IT) stocks have been declining for the past one week in view of the volatility due to the earnings season.
Thu, Mar 24, 2022
As many quality stocks have undergone healthy correction and are available as a favourable risk-reward proposition, brokerage house ICICI Direct has picked two midcap IT stocks saying IT stocks have undergone healthy retracement within the structural up move.
Mon, Mar 21, 2022
Accenture IT stocks: The results of the second quarter ended February in American IT company Accenture have been excellent. The company has now increased its revenue guidance to 24-26 percent. With the increase in guidance, it is seen becoming indicators for all companies. Since, most of the business of Indian IT companies is in Europe and US market. The performance of IT companies in the US matters. The result of the Exchanger (Accenture) appears to be a lead indicator. In such a situation, the brokerage firm has issued its rating on Indian IT companies. Brokerage's investment advice is maintained in Infosys, TCS, Wipro, HCL.
Tue, Mar 08, 2022
Shares of information technology (IT) companies were trading firmly on Tuesday, witnessing a departure from the overall market movement which remained in the red for the greater part of today's trading session.
Mon, Jan 24, 2022
Declining for the sixth straight session, the Nifty IT Index has slipped over 10 per cent so far in the month of January, registering its biggest one-day fall over 3.5 per cent on Monday this year.
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.
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