India’s top four IT companies—Tata Consultancy Services, Infosys, HCL Technologies and Wipro—have collectively lost $50.5 billion (₹4.3 lakh crore) in market capitalisation during the first three months of 2025, driven by concerns over slowing global demand and cautious client spending. Among the four, Tata Consultancy Services, the largest IT firm, recorded the steepest decline, shedding […]
Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates a start in red for indices; BSE, Wipro in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 ended at 23,486.85, while Sensex ended at 77,288.50. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,790.5 points below its record high of 26,277.35. Overnight, […]
India Inc employees acquire ₹300 crore in company shares through ESOPs since Jan 2025 – CNBC TV18
Employees, including key managerial personnel (KMP), of nearly 50 companies have acquired company stocks worth ₹284 crore through Employee Stock Ownership Plans (ESOPs) in the first three months of 2025, according to data compiled from the BSE. Among the notable buyers, Rajeev Jain, Managing Director of Bajaj Finance, purchased shares worth ₹40.5 crore, increasing his […]
Infosys valuations falls below peers TCS, HCLTech post recent share price fall – CNBC TV18
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. While […]
Sensex Today | Stock Market LIVE Updates: Nifty aims to scale 22,500 after US rally, potential tariff delays
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 22,337.30, while Sensex ended at 73,730.23. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,940.05 points away from its record high of 26,277.35. […]
Stocks to Watch on March 6: TCS, LIC Housing Finance, Wipro, Zydus Lifesciences and more – CNBC TV18
1 / 6 TCS | IT services firm said it has partnered with Vantage Towers, Europe’s second-largest telecom tower operator, to launch a digital service platform aimed at improving the experience of property owners leasing land for telecom tower installations. The platform will streamline service processes, enhance property owner retention, and strengthen telecom site partnerships […]
Jefferies sees rupee depreciation boosting IT firms, raises earnings estimates – CNBC TV18
Global brokerage firm Jefferies expects Indian IT companies to benefit from the recent 1-3% depreciation of the Indian Rupee against the US Dollar, Euro, and British Pound. A weaker rupee boosts revenue potential for IT firms with greater exposure to these currencies and a strong offshore workforce. Company Value Change %Change Among large-cap IT stocks, […]
Wipro shares surge 8% after strong Q3 results; Here is what lies ahead for the stock – CNBC TV18
Shares of technology services provider Wipro Ltd. surged as much as 7% in early trading after the company reported stronger-than-expected results for the December quarter after market hours on Friday. Company Value Change %Change The company’s US-listed shares or ADRs ended 4% higher on Friday. For the December quarter, Wipro projected its fourth quarter revenue […]
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for positive start; Kotak Mahindra Bank, Jio Financial in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,203.20, while Sensex ended at 76,619.33. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,074.15 points below its record high of 26,277.35. Asian […]
India’s top IT companies report mixed performance in third-quarter results – CNBC TV18
India’s top IT companies—Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies and Tech Mahindra—have delivered their earnings for the October to December quarter (Q3FY25), revealing a mixed bag of performance in key metrics such as revenue growth, margins, workforce trends, and deal activity. While some companies showed resilience, others faced challenges amid a volatile global […]