[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 […]
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 […]
Top stock picks for the day | Tech Mahindra, Granules, Shriram Finance, SRF, Hindalco and Kalyan Jewellers – CNBC TV18
[ad_1] SUMMARY On Friday, market tech analysts Nagaraj Shetti, Shrikant Chouhan and Sudeep Shah recommended these stocks for the short term. 1 / 11 Technical analysts Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, Shrikant Chouhan of Kotak Securities and Sudeep Shah of SBI Securities share these top stock picks for the day. 2 […]
Kotak recommends four IT stocks to pick for a balanced portfolio – CNBC TV18
[ad_1] The Indian IT sector is witnessing a gradual recovery, with growth prospects looking better for 2025-26 (FY26) compared to 2024-25 (FY25). However, normalisation of growth remains elusive. In this context, Kotak Institutional Equities recommends a balanced approach to IT investments, favouring established leaders like Infosys and Tata Consultancy Services (TCS), alongside challengers such as […]
Tech Mahindra gains as CLSA reiterates ‘Outperform’ rating with potential 21% upside – CNBC TV18
[ad_1] Global brokerage CLSA has reaffirmed its ‘Outperform’ rating on IT firm Tech Mahindra citing the company’s growth trajectory, particularly its ability to meet its FY27 targets. Company Value Change %Change CLSA has set a price target of ₹2,030 per share, a potential upside of 22% from Monday’s closing. In its note, the broking firm […]
Kotak Mahindra Bank, RBL Bank, Jio Financial, Wipro, Tech Mahindra: Top Stocks To Watch For January 20 – CNBC TV18
[ad_1] SUMMARY From Kotak Mahindra Bank’s Q3 results and subsequent upgrade to Wipro’s highest dividend payout in a decade, these are the top stocks to watch out for ahead of Monday’s trading session. 1 / 10 Kotak Mahindra Bank | Net profit at ₹3,304.8 crore, in-line with expectations of ₹3,287.5 crore. NII at ₹7,196.3 crore, […]
Tech Mahindra Q3 Results: Constant currency revenue growth better than expectations; Margin expands – CNBC TV18
[ad_1] Tech Mahindra Ltd. on Friday, January 17, reported a constant currency revenue growth of 1.2% for the October-December period, which was marginally higher than CNBC-TV18’s poll expectations of 0-1%. Company Value Change %Change In US Dollar terms, the company’s revenue stood at $1,567 million, which was lower than analysts expectations of $1,581 million. In […]
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 […]
Infosys, Wipro ADRs end with gains of up to 4% post Accenture results, can Indian IT replicate the move? – CNBC TV18
[ad_1] The US-listed shares (ADRs) of Infosys Ltd. and Wipro Ltd. ended with gains of up to 4% on Thursday after IT services firm Accenture reported results for their quarterly fiscal. Company Value Change %Change While the Infosys ADR ended with gains of 3.4%, the ADR of Wipro ended 2.3% higher. Shares of Accenture ended […]
IT stocks upgraded and downgraded by HSBC; Check new ratings and price targets – CNBC TV18
[ad_1] 1 / 8 Brokerage firm HSBC has upgraded multiple IT stocks like Infosys, Mphasis, Wipro and LTIMindtree. On the other hand, it has also downgraded stocks like TCS, Tech Mahindra and Coforge. Lets take a look at the new ratings and price targets. 2 / 8 Infosys has been upgraded by HSBC to “buy” […]