[ad_1] Shares of India’s IT companies, Infosys Ltd., TCS Ltd., Wipro Ltd., among others could see a reaction on Thursday, April 3, after US President Donald Trump announced reciprocal tariffs across as many as 60 countries globally, which resulted in a sharp fall in US equity futures. Earlier in the day, futures on the Nasdaq […]
Infosys valuations falls below peers TCS, HCLTech post recent share price fall – CNBC TV18
[ad_1] Infosys Ltd., the IT stock with the highest weightage on the Nifty 50, has seen its valuation premium over its other largecap peers decline in recent months. Trading at 21.9 times its one-year forward earnings, Infosys is now valued lower than Tata Consultancy Services Ltd. (TCS) and HCL Technologies Ltd., according to Bloomberg data. […]
IT Stocks Crash: Index falls into ‘bear market’ territory on US recession fears, multiple downgrades – CNBC TV18
[ad_1] The Nifty IT index has now slipped into “bear market territory” on Wednesday, March 12, meaning that the index has corrected over 20% from the record high it made in December last year. All constituents of the Nifty IT index are trading with losses during this period, with stocks like LTIMindtree and Mphasis having […]
Here is how other Nifty IT stocks like Infosys, HCLTech are reacting to TCS Q3 results – CNBC TV18
[ad_1] The Nifty IT index is the top sectoral gainer on Friday, January 10, trading with gains of over 2.5% after sector leader Tata Consultancy Services (TCS) Ltd. reported its December quarter results on Thursday. Shares of TCS are trading with gains of over 4% and are top gainers not only on the Nifty 50 […]
What is in store for Indian IT in 2025? Here is a bull and bear case – CNBC TV18
[ad_1] The Nifty IT index has gained 23% so far in 2024, following the 24% returns it had generated in 2023. Since 2017, 2022 has been the only year in which the Nifty IT index has generated negative returns. Back in 2020 and 2021, the index had gained close to 60% each. Company Value Change […]
Infosys, TCS or Persistent Systems — These are the top Indian IT picks post Accenture results – CNBC TV18
[ad_1] Indian IT companies, Infosys Ltd., TCS Ltd., Wipro Ltd. and their peers will be in focus on Friday, December 20, after Accenture reported results for the first quarter of its fiscal year 2025 on Thursday. Company Value Change %Change Accenture shares ended 7% higher in response to the results. US-listed shares of Infosys and […]
FMCG, banks weigh on Nifty 50; Sensex drops 236 points to 81,290 – CNBC TV18
[ad_1] Indian stock markets closed in the red on Tuesday after a rangebound session, with key indices struggling to gain momentum, driven by heavy losses in sectors such as FMCG and banking, while traders also avoided risky trades ahead of the release of a key domestic inflation data. Company Value Change %Change India’s inflation and […]
Nifty IT hits record high: What’s driving the rally in Indian tech stocks – CNBC TV18
[ad_1] Indian IT stocks witnessed a strong rally on Thursday, with the Nifty IT index touching the 52-week high of 46,002.65 in early trade, up 1.4% from its previous close of 45,350.35. By 3 PM, the index was trading at 45,667.65, reflecting a gain of 0.78%. Company Value Change %Change All the 10 components of […]
Financial stocks weigh on Nifty 50 amid thin trading volumes, midcaps rise – CNBC TV18
[ad_1] The Sensex and Nifty 50 finished with minor losses amid a thin-trading session on Monday, driven by losses in the financial sub-index, while the midcap stocks demonstrated resilience, with the Midcap Index closing in the green. Company Value Change %Change The BSE Sensex fell 201 points to settle at 81,508, while the Nifty 50 […]
Domestic indices rise for 5th consecutive day on a row, Nifty 50 hits 1.5 month high – CNBC TV18
[ad_1] The domestic equity market ended higher for the fifth consecutive session on Thursday, with the Nifty closing at 24,708, marking its highest level since October 21, up by 241 points. The Sensex surged 810 points to settle at 81,766, crossing the 82,200 mark intra-day. Company Value Change %Change Market participants awaited the result of […]