[ad_1] Shares of Indian IT services providers Tata Consultancy Services Ltd., Infosys Ltd., Wipro Ltd., Tech Mahindra Ltd., and peers opened with losses on Wednesday, September 18, ahead of the crucial US Fed meeting outcome. On Wall Street, two-thirds of traders are expecting the US Federal Reserve to deliver a rare and bold 50 basis […]
Recovery or No Recovery? IT stocks leave Street divided on their future – CNBC TV18
[ad_1] Information Technology (IT) stocks remain in focus ahead of the all-important US Federal Reserve meeting on September 17-18. Of the 10-pack Nifty IT index, Coforge, LTIMindtree, Infosys, L&T Technology Services Ltd., Persistent Systems Ltd. and TCS were trading in the range of 1-4%. Motilal Oswal Financial Services expects the IT services sector to be […]
TCS, Infosys, LTIMindtree shares: Is the current IT stocks rally overdone? Morgan Stanley says ‘not yet’ – CNBC TV18
[ad_1] The Nifty IT index is currently trading with losses of up to 1% on Friday (September 6). The index recently scaled a fresh high of 43,299.50 buoyed by an improvement in demand environment and stabilisation of uncertainties in major global economies. However, the index has cooled off after making new highs. On year-to-date basis, […]
Infosys expands Nvidia collaboration for AI-powered, customer-centric solutions – CNBC TV18
[ad_1] Technology bellwether Infosys Ltd. on Thursday, August 29, announced the expansion of its collaboration with Nvidia for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos. Leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies, the collaboration will help telcos enhance their customer experiences, streamline network […]
Infosys, TCS shares down over 5% after Nasdaq futures extend sell-off to 1,000 points – CNBC TV18
[ad_1] Shares of Indian IT services providers such as Infosys Ltd., TCS Ltd., Wipro Ltd., and peers were trading with losses of up to 5% on Monday, in-line with the global market sell-off, which has also rubbed off on Indian equities. Infosys had hit a 52-week high of ₹1,903 on July 29, 2024. The stock […]
IT stocks in focus as Infosys under investigation for alleged GST evasion – CNBC TV18
[ad_1] Shares of major IT companies such as Infosys, TCS, Wipro and HCL Technologies will be in focus in trade Thursday (August 1), as Infosys is being investigated by the Directorate General of GST Intelligence for the alleged evasion of over ₹32,000 crore. Following the development, the American depositary receipts (ADRs) of IT giant Infosys […]