November 22, 2024

it sector outlook

Nifty IT soared 150% during Trump’s first term. Is a repeat show likely under his second stint? | Stock Market News

Nifty IT soared 150% during Trump’s first term. Is a repeat show likely under his second stint? | Stock Market News

TheSpuzz Desk012 mins

Source: Live Mint Former President and Republican nominee Donald Trump secured a significant victory in the 2024 US presidential election, marking a historic comeback after his defeat in 2020. Trump reclaimed the White House by winning more than the required 270 Electoral College votes, setting the stage for another term. Trump’s victory was met with…

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IT services to report profit margin at 22% in FY25; Coforge, LTIMindtree up 4-5% | Stock Market News

IT services to report profit margin at 22% in FY25; Coforge, LTIMindtree up 4-5% | Stock Market News

TheSpuzz Desk010 mins

Source: Live Mint Information technology (IT) services companies will likely report muted revenue growth at four to six per cent in the current fiscal year 2024-25 (FY25) for a second consecutive year. Despite the challenges, domestic credit rating agency ICRA projects the sector’s operating profit margin (OPM) to remain healthy at ~22 per cent in…

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