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Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
Source: Live Mint This next-generation technology isn’t merely about faster internet speeds; it’s about revolutionizing industries and reshaping economies. India, one of the most enthusiastic adopters of 5G, is spearheading the transformation with rapid adoption and a nationwide rollout. As demand surges, 5G is poised to redefine both society and the economy. So, which companies…
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…
Source: Live Mint HCL Tech vs Tech Mahindra: IT stocks have been in focus since the US election results were announced. The Nifty IT index has gained more than 3 per cent since then, buoyed by expectations of increased spending by US clients and a strong dollar. Many companies in the US rely on Indian…
Source: Live Mint Tech Mahindra Ltd, which is undergoing a transformation, saw decent performance in the September quarter (Q2FY25). True, expectations were quite low. Still, a gradual revival in key verticals was welcome. Sequential constant-currency revenue grew 0.7% in Q2FY25 – beating the consensus estimate of 0.4% – led by the communication vertical, followed by…
Source: Live Mint Stock market today: A total of 249 stocks, such as HCL Tech, Tech Mahindra, Persistent Systems and Divi’s Labs, achieved fresh one-year highs during intraday trading on the BSE. Read Full Article
Source: Live Mint Stock market today: As many as 209 stocks, including HCL Tech, Tech Mahindra, Coforge, Dixon Technologies and Torrent Pharmaceuticals, hit their fresh one-year highs in intraday trade on the BSE on Thursday, October 10. Stocks such as CG Power and Industrial Solutions, Gujarat Fluorochemicals, Ipca Laboratories, Glenmark Pharma, Dr. Lal PathLabs, Metropolis…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 1:01 PM IST Tata Consultancy Services (TCS), India’s largest IT software company, will kick-start the Q2 (September quarter) earnings season on October 10, Thursday. On the same day, another Tata Group IT firm – Tata Elxsi will also announce its July…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 2:29 PM IST Shares of information technology (IT) companies slipped up to 6 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as investors booked profit in the stocks ahead of a crucial Federal Reserve interest-rate decision. …
