Mon, Nov 18, 2024
Amid a likely higher interest rate and cut in Federal spending, IT stocks took a plunge in Monday's trade.
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Wed, Nov 06, 2024
With Donald Trump's win likely priced in, the downside in IT stocks is not anticipated on the back of Q2 earnings.
Wed, Oct 23, 2024
The company's EBITDA margin for the quarter improved to 15.8 per cent, and cash flow from operations totalled 10.9 million dollars.
Wed, Aug 24, 2022
Information Technology (IT) sector has been facing pressure on margins amid high attrition.
Mon, Jul 11, 2022
Positive till close above 15800? What is the range for intraday traders? TCS results bad, how much will the stock fall? What to do if there was a sharp fall in IT stocks? Know from Anil Singhvi.
Sun, Jul 10, 2022
Reflecting the negativity, the five IT constituents of the 30-share benchmark Sensex have slumped up to 43 per cent this year.
Thu, Jun 16, 2022
Which stocks to buy now? What to do in IT stocks? Time To SIP In Nasdaq? Know from Anil Singhvi.
Thu, Jun 09, 2022
The Indian market has been exhibiting extreme volatility and uncertainty as brokerages and experts believe short-term outlook remains bleak.
Thu, Jun 02, 2022
Global brokerage houses have been bullish on Wipro and Bank of Baroda (BoB) shares, while they remained bearish on JSW Steel.
Fri, May 27, 2022
Global brokerage firm Nomura has downgraded the rating of Indian IT stocks. The brokerage believes that the problems of IT companies may increase further and this will affect their speed.
Tue, May 24, 2022
The Indian market continued to trade range bound amid volatility as Nifty failed to give any decisive breakout even on Tuesday.
Tue, Apr 19, 2022
Stock market have given a sharp negative reaction on the Q4 results of IT companies TCS and Infosys along with HDFC Bank's March quarter results. What lies for the markets if bank and IT companies' results disappoint?
Shares of Mindtree fell nearly 3% on Tuesday despite the IT firm reported a 49% jump in net profit in the quarter ended March 31.
Tue, Apr 12, 2022
Information Technology (IT) stocks have been declining for the past one week in view of the volatility due to the earnings season.
Thu, Mar 24, 2022
As many quality stocks have undergone healthy correction and are available as a favourable risk-reward proposition, brokerage house ICICI Direct has picked two midcap IT stocks saying IT stocks have undergone healthy retracement within the structural up move.
Mon, Mar 21, 2022
Accenture IT stocks: The results of the second quarter ended February in American IT company Accenture have been excellent. The company has now increased its revenue guidance to 24-26 percent. With the increase in guidance, it is seen becoming indicators for all companies. Since, most of the business of Indian IT companies is in Europe and US market. The performance of IT companies in the US matters. The result of the Exchanger (Accenture) appears to be a lead indicator. In such a situation, the brokerage firm has issued its rating on Indian IT companies. Brokerage's investment advice is maintained in Infosys, TCS, Wipro, HCL.
Tue, Mar 08, 2022
Shares of information technology (IT) companies were trading firmly on Tuesday, witnessing a departure from the overall market movement which remained in the red for the greater part of today's trading session.
Mon, Jan 24, 2022
Declining for the sixth straight session, the Nifty IT Index has slipped over 10 per cent so far in the month of January, registering its biggest one-day fall over 3.5 per cent on Monday this year.
Fri, Dec 24, 2021
The equity market was powered by Metal, IT, Pharma and Power sectors, while Realty too jumped in to push the already burgeoning market to new highs this year.
Wed, Dec 22, 2021
This IT stock with a market capitalization of about Rs 34,000 cr hit a fresh 52-week high of Rs 4753 on 17 December.
Fri, Sep 24, 2021
The information and technology (IT) heavyweights’ shares were on roll during Friday’s trading session, as at least four out of five IT major companies such as HCL Tech, Infosys, Wipro and Tech Mahindra has hit a new 52-week high on the NSE intraday today.
Tue, Oct 13, 2020
Investors who have taken a long term view on the Tata Consultancy Services (TCS) stock should remain invested in this stock, technical analyst Nilesh Jain of Anand Rathi opined. He said that this stock is likely to achieve the buyback price of Rs 3000 well in advance of the tendering date. TCS stocks are currently trading around Rs 2825
Zee Business Managing Editor Anil Singhvi expects profit booking in many IT stocks from here as most top stocks have already had a good run since the announcement of Tata Consultancy Services’ buyback and strong results. The Managing Editor said that this stock has become stable since the announcement of results and the buyback offer
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