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Nifty It

Nifty extends gains to reclaim 22,500 after 10-day losing streak; key factors influencing D-Street now

Nifty extends gains to reclaim 22,500 after 10-day losing streak;...

Thu, Mar 06, 2025

After a record 10-day losing streak, Nifty rebounds past 22,500, driven by gains in energy, financial, and metal stocks. RBI’s liquidity support and technical indicators hint at further recovery.

Trump tariffs trigger 33% crash in these stocks in February: Is the worst behind?

Trump tariffs trigger 33% crash in these stocks in February: Is t...

Mon, Mar 03, 2025

Nifty slips 6% in February, its worst monthly performance since Covid, as IT, auto, and pharma stocks tumble up to 33% amid US recession fears, Tesla's India entry, and tariff concerns.

Investors lose Rs 77,000 crore as Nifty IT hits 6-month low; this is the trigger

Investors lose Rs 77,000 crore as Nifty IT hits 6-month low; this...

Mon, Feb 24, 2025

Nifty IT index falls over 2%, hitting a six-month low as US slowdown fears weigh on sentiment. Investors lose nearly Rs 77,000 crore in market value.

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Nifty IT Index Review: This stock set to replace LTTS in sectoral index from March 28

Nifty IT Index Review: This stock set to replace LTTS in sectoral...

Sat, Feb 22, 2025

Nifty IT Index Reshuffle: Stock exchange NSE has announced a number of changes in key indices, such as the Nifty 50, the Nifty Next 50 and the Nifty IT, as part of a semi-annual rebalancing exercise. The changes will come into effect with effect from the opening bell on March 28. Read on to learn about these changes in detail.

IT stocks gain in weak market as Cognizant forecasts stronger growth for CY25

IT stocks gain in weak market as Cognizant forecasts stronger gro...

Thu, Feb 06, 2025

Of the 10 stocks constituting the Nifty IT index, 7 traded in the green, with Persistent Systems and Coforge leading the gains, followed by Tech Mahindra, Infosys, HCL Technologies.

TCS announces dividend of Rs 76 per share

TCS announces dividend of Rs 76 per share

Thu, Jan 09, 2025

Tata Consultancy Services Ltd. declared a third interim dividend of Rs 10 per share and a special dividend of Rs 66 per equity share, each with a face value of Rs 1.

IT sector poised for growth? Know what Macquarie makes of 3 major scrips

IT sector poised for growth? Know what Macquarie makes of 3 major...

Wed, Jan 01, 2025

Analysts expected that the current "correction" in the Indian IT services sector presents a compelling opportunity for investors.

IT stocks in focus as Accenture ups revenue growth guidance; TCS top gainer

IT stocks in focus as Accenture ups revenue growth guidance; TCS...

Fri, Dec 20, 2024

Accenture's Q1 revenue soared 7.8 per cent sequentially to $17.69 billion as against analysts estimates of $17.12 billion. Furthermore, the consulting services major staged good performance across all markets as well as industries.

Dalal Street Week Ahead: Macro data, rate decisions, FII flows set to influence market

Dalal Street Week Ahead: Macro data, rate decisions, FII flows se...

Sun, Dec 15, 2024

Domestic equity benchmarks have logged weekly gains driven by IT and consumer durable stocks. Bajaj Finance, Shriram Finance, Wipro, Infosys and Tata Steel, rising between 2.5 per cent and 4.0 per cent, have strengthened the most among the gainers in the Nifty 50 basket. On the other hand, HUL, Tata Consumer, Reliance, NTPC and Cipla are the worst hit among the 33 losers in the 50-scrip pack. Here are a few important things to track on Dalal Street in the trading week starting December 16.

Wipro shares trade ex-bonus; here is what it means for investors

Wipro shares trade ex-bonus; here is what it means for investors

Tue, Dec 03, 2024

Wipro Share Price, Wipro Bonus Stock News: Wipro shares inched lower on December 3, trading ex-bonus. The stock dropped to as low as Rs 290.3 apiece on BSE. Earlier, the Bengaluru-based IT major declared a 1:1 bonus.

Nifty IT hits new high for second day in a row; Persistent Systems, Wipro and Coforge hit new 52-week highs

Nifty IT hits new high for second day in a row; Persistent System...

Tue, Nov 26, 2024

IT stocks shone in a volatile session today as the investors await the key Fed minutes.

TCS, Infosys, Mphasis fall up to 4%: Good time to buy IT stocks?

TCS, Infosys, Mphasis fall up to 4%: Good time to buy IT stocks?

Mon, Nov 18, 2024

Amid a likely higher interest rate and cut in Federal spending, IT stocks took a plunge in Monday's trade.

Nifty IT zooms over 3%; Persistent Systems, Coforge hit all-time highs; what's driving the rally?

Nifty IT zooms over 3%; Persistent Systems, Coforge hit all-time...

Wed, Oct 23, 2024

Nifty IT in trade on October 23 zoomed over 3 per cent, with Persistent Systems and Coforge leading the pack after phenomenal Q2 earnings.

Persistent Systems rallies to all-time high post Q2 show; Macquarie sees 31% potential upside

Persistent Systems rallies to all-time high post Q2 show; Macquar...

Wed, Oct 23, 2024

Midcap IT major Persistent Systems after posting better-than-expected Q2 earnings rallied to all-time high in Wednesday's session.

Nifty IT leads as recessionary fears in US suppressed after latest data; Tech Mahindra hits fresh 52-week high

Nifty IT leads as recessionary fears in US suppressed after lates...

Fri, Aug 16, 2024

Nifty IT shined in trade on Friday as the latest US data bolstered hopes of a recovery in the spending in the tech.

Infosys Q1 FY25 Results: From guidance to margin to attrition, key takeaways from earnings report of Bengaluru-based IT giant

Infosys Q1 FY25 Results: From guidance to margin to attrition, ke...

Thu, Jul 18, 2024

Infosys Q1 FY25 Results Review: Bengaluru-headquartered Infosys - India's second largest IT company after Tata Consultancy Services (TCS) - staged a better-than-expected financial performance for the first three months of the financial year (Q1 FY25). Here are key takeaways from the IT giant's Q1 earnings report.

Infosys Q1FY25 Results Preview: Net profit likely to decline 20.9% sequentially, margins may expand by 30 bps

Infosys Q1FY25 Results Preview: Net profit likely to decline 20.9...

Tue, Jul 16, 2024

Analysts at Axis Securities expect the IT firm's margin to be supported by improved cost optimisation.

As Infosys gears up to report Q1 FY25 results today, here are key things to look out for

As Infosys gears up to report Q1 FY25 results today, here are key...

Tue, Jul 16, 2024

Infosys Q1 FY25 Results Preview: Analysts keenly await Bengaluru-based Infosys - the country's second largest IT firm - to report its financial results for the April-June period (Q1 FY25) on Thursday, July 18.

Nifty IT hits new high as investors await Infosys Q1 earnings due this week

Nifty IT hits new high as investors await Infosys Q1 earnings due...

Mon, Jul 15, 2024

Propelled by decent Q1 earnings show by TCS and improving outlook for the US BFSI segment, the Nifty IT index clocked a new peak in today's trade.

After TCS stages strong all-round show, here is what experts expect from other Nifty IT firms

After TCS stages strong all-round show, here is what experts expe...

Fri, Jul 12, 2024

TCS Q1 FY25 Review, Tata Consultancy Services Share Market News: Here's a summary of how analysts and other experts are viewing the Tata group IT major after its stunning quarterly performance.

IT stocks in action; Ambareesh Baliga suggests buying HCL Tech, Infosys at current levels

IT stocks in action; Ambareesh Baliga suggests buying HCL Tech, I...

Wed, Jun 12, 2024

Amid valuation comfort, analysts remain positive on the overall IT pack. Independent market analyst Baliga recommends buying HCL Tech and Infosys.

Nifty IT gains 9% this week; what is the buzz?

Nifty IT gains 9% this week; what is the buzz?

Fri, Jun 07, 2024

Amid buoyancy in the US-stocks which are more convered towards tech companies, Indian IT stocks are witnessing the ripple effect logging decent single-digit return.

HCLTech Q4 Results: Net profit drops 8% sequentially, margin expands but falls short of analysts' expectations

HCLTech Q4 Results: Net profit drops 8% sequentially, margin expa...

Sat, Apr 27, 2024

HCLTech Q4 FY24 Results: HCLTech reported an 8.4 per cent fall in consolidated net profit to Rs 3,986 crore for the fourth and final quarter of the financial year 2023-24. HCLTech declared a dividend of Rs 18 per share with a record date of May 7.

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