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1 min read

TCS shares climb over 3% after earnings announcement; Market valuation jumps Rs 40,360 crore

Shares of TCS on Friday climbed over 3 per cent after the country's largest IT services player repo…

PTI   


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3 mins read

Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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2 mins read

As earnings season begins, major companies' performance reports to decide market movement in coming days

The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…

ANI   


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Sensex, Nifty trade flat after early gains, IT stocks take the lead

Benchmark equity indices, the Nifty and the Sensex, traded flat in morning trade after climbing in …

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4 mins read

Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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Stock markets extend winning run to sixth day, Nifty scales fresh lifetime high

Benchmark Sensex spurted by 349 points while Nifty scaled a fresh lifetime high on the sixth strai…

PTI   


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3 mins read

TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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6 mins read

TCS retains No 1 spot as India’s top brand but tech sector takes a hit

The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…

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3 mins read

Tech stocks zoom despite tough times ahead as TCS meets street estimates

Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…

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2 mins read

Friday cheer on D-Street as Nifty and Sensex are off to a flyer

The Indian stock market continued its upward momentum as it opened on a positive note on Friday, wi…

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5 mins read

IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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5 mins read

IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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3 mins read

Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’

In spite of the many startups laying off employees since last year, the Indian IT sector has so far…

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5 mins read

Hiring in the IT sector plunges by 66% in FY23

Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…

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5 mins read

India’s IT sector likely to face macro headwinds until end 2023, say analysts

India’s information technology services companies have been struggling amid heightened fears of rec…

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3 mins read

Beyond just chats: Indian tech majors start bagging deals in GenAI space

Less than a year after ChatGPT was launched, Indian tech majors have started bagging generative AI …

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5 mins read

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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7 mins read

Not time for bottom fishing yet say experts even as many blue chips hit their 52 week lows

Indian markets have been under pressure in the last few weeks in tandem with the global markets tha…

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5 mins read

Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…