The FinTech Hub
Source: Live Mint India’s top IT giants — Infosys, Tata Consultancy Services (TCS), and Wipro — delivered forgettable results for the quarter ended March 2025, weighed down by a mix of macroeconomic and geopolitical headwinds. The IT sector continued to be plagued by weakness in client spending, particularly in key markets like the United States…
Source: Live Mint Indian IT stocks are back under pressure as fears of a US-led recession gain traction following President Donald Trump’s announcement of sweeping “reciprocal tariffs” on over 180 countries. The United States remains the most critical market for Indian IT services, and any slowdown in that economy is expected to significantly dampen sector…
Source: Live Mint Indian technology (IT) stocks remained under selling pressure for the second consecutive session on Friday, with the Nifty IT index declining over 3.5%. Significant losses in leading IT stocks such as Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, and Coforge shares contributed to the index reaching its lowest level in nine…
Source: Live Mint Expert views on the Indian stock market: Pankaj Pandey, the head of research at ICICI Securities, believes India Inc.’s earnings may start showing recovery from the first or second quarter of the next financial year (FY26). He added that valuations have become more reasonable after the correction and provide lucrative opportunities for…
Source: Live Mint Even though the December quarter (Q3FY25) earnings of domestic IT majors TCS, Infosys, HCL Tech, and Wipro were mixed, they did not bring many disappointments. This has raised hopes that the worst may be behind for the IT sector. While it might be too early to draw definitive conclusions, experts remain largely…
Source: Live Mint Outlook 2025: Most IT stocks look set to end the calendar year 2024 (CY24) with solid gains. Their sectoral index, Nifty IT, has significantly outperformed the equity benchmark Nifty 50. Over the last year, the Nifty IT index has gained nearly 23 per cent compared to an 11 per cent gain in…
Source: Live Mint The Nifty IT index continued its winning streak for the third consecutive trading session on Tuesday, December 3, rising by 0.5 per cent to close at 43,754. The index recovered 0.75 per cent from its intraday low, with a strong rally in Persistent Systems and HCL Tech helping keep the index in…
