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Source: Live Mint Indian domestic technology companies reported another soft performance in the March quarter, led by select cases of delays in project ramp-ups and a cautious spending stance adopted by a few verticals in the run-up to the reciprocal tariff announcement. Companies also remained cautious that growth would be a challenge in the coming…
Source: Live Mint IT stocks today: Domestic information technology (IT) stocks rebounded sharply in Wednesday’s trading session. HCL Tech’s share price ended the day up 7.7% at ₹1,594 apiece, while Wipro’s share price gained 4%, and Infosys’ share price rose 3.7%. All 10 constituents of the Nifty IT index closed in the green, driving the…
Source: Live Mint India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already…
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 View Full Image Rebranded as Coforge in August 2020, its turnaround story has been one for the books. But it hasn’t always been a growth story. The Noida-based company started as a division within NIIT Technologies Ltd in 1992. As a small software services division within an organization largely focused on computer…
Source: Live Mint Stocks to buy or sell: The domestic benchmark indices, Nifty 50 and Sensex, wrapped up the week on a downward note, indicating that volatility is still prevalent. On Friday, the Sensex finished at 76,619.33 points, a decrease of 423.49 points or 0.55%, while the Nifty 50 ended at 23,203.20 points, down 108.60…
Source: Live Mint Muhurat Trading 2024: Indian markets ended higher in the special session on Friday, November 1, 2024, rising for the seventh straight Muhurat trading session. Indian markets ended higher in the special session on Friday, November 1, 2024, rising for the seventh straight Muhurat trading session. The Sensex ended 335.06 points higher or…
Source: Live Mint Samvat 2081:Over the past year, the Indian IT sector has shown impressive resilience. Despite worries about a demand slowdown and high interest rates in major markets, the Nifty IT index has surged 36 per cent since last Diwali, outpacing the Nifty 50’s 25 per cent rise and proving that tech stocks are…
Source: Business Standard 3 min read Last Updated : Oct 16 2024 | 7:34 AM IST Nifty Bank Index: Consolidation with Range-Bound Movement The Nifty Bank Index is currently trading in a defined range of 51,825 to 50,200. A breakout above or below this range will provide a clear direction for traders. Until…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 7:31 AM IST Nifty IT Index: Sell on Rise Near Resistance Levels The Nifty IT Index is currently trading close to its key resistance level, making it a prime candidate for a “sell on rise” strategy for near-term traders. The resistance…
