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"it-stocks"

  • Sensex, Nifty trade lower in early deals; IT shares buck trend

    Indian equity benchmarks Sensex and Nifty traded lower on Friday amid mixed global cues, despite gains in IT stocks. Strong corporate earnings, rupee strength and falling US bond yields supported market sentiment, while elevated crude prices and FII selling remained concerns
  • Nifty, Sensex open lower as IT stocks fall amid Middle East tensions

    Indian equity benchmarks opened about 0.5 per cent lower on Wednesday, led by a sharp fall in IT stocks. Higher crude oil prices, escalating Middle East tensions and liquidity shifting towards IPOs weighed on investor sentiment in early trade.
  • Sensex, Nifty open lower as US-Iran war uncertainty keeps crude prices elevated

    Indian equity markets opened slightly lower on Monday as unresolved US-Iran tensions kept crude oil prices elevated. Nifty and Sensex declined in early trade, while financial, banking and FMCG stocks weakened. Analysts expect range-bound trading, with stock-specific opportunities in midcaps and smallcaps
  • Infosys shares declines nearly 3 per cent after revised FY27 guidance

    Infosys shares fell nearly 3 per cent after the IT major lowered the upper end of its FY27 revenue growth guidance despite reporting a 12.2 per cent rise in June quarter net profit. The company also announced Ashiss Kumar Dash as CEO-designate
  • Tech Mahindra shares climb over 3 per cent after strong June-quarter results

    Tech Mahindra shares rose over 3 per cent after the company reported a 28.4 per cent increase in consolidated net profit for the June quarter. The IT firm also expressed confidence in sustaining growth, backed by a strong order book and robust demand
  • Markets climb in early trade led by IT stocks

    Indian equity markets opened higher, led by strong buying in IT stocks amid positive global cues and investor optimism. Benchmark indices gained in early trade as technology shares advanced, while market participants remained focused on corporate earnings and broader economic developments
  • TCS shares jump over 4 per cent after strong June-quarter earnings

    TCS shares climbed more than 4 per cent after the company reported a rise in June-quarter profit and expressed optimism about demand improving in the current quarter. The earnings also lifted other IT stocks and supported a broader market rally
  • Sensex, Nifty trade higher in early deals amid positive global cues

    Indian benchmark indices advanced in early trade, supported by positive global cues, easing crude oil concerns and renewed foreign investor buying. IT and banking stocks led gains, while analysts said improved technical indicators and stronger fundamentals continued to support market sentiment
  • Indian equities trade higher despite elevated oil prices, geopolitical uncertainty

    Indian equity markets opened June on a strong note, with Sensex and Nifty rising nearly 1% led by IT gains, despite high oil prices and geopolitical tensions. Global cues were positive as Asian markets rallied and crude oil prices surged
  • Sensex, Nifty trade higher as investors track US-Iran ceasefire developments

    Indian equities rose modestly Friday, with Sensex and Nifty higher amid easing crude prices and strong earnings. IT stocks led gains, while FMCG remained flat. Asian markets surged, Wall Street closed positive, and Brent crude slipped below $92 per barrel
  • Stock markets trade higher in early deals on buying in IT shares, fresh foreign fund inflows

    Mumbai markets opened higher as Sensex and Nifty gained on strong IT buying, fresh FII and DII inflows, and positive US cues. Tech Mahindra and Infosys led advances, while banking and cement stocks lagged amid stable domestic fundamentals and sectoral rotation
  • Stock markets open lower amid weakness in IT, Services shares

    Benchmark indices BSE Sensex and NSE Nifty opened lower in a volatile session, dragged by IT and services stocks. Despite gains in select counters, investor caution persisted amid sectoral uncertainty, while Asian markets were mixed and Brent crude edged higher
  • Editorial: AI fury batters IT stocks

    The meltdown was due to worries of AI tools replacing many traditional software and IT outsourcing services
  • Stock markets tank in early trade after 3-day rally

    Indian equity benchmarks Sensex and Nifty fell sharply in early trade, snapping a three-day rally, as IT stocks dragged markets amid foreign fund outflows, weak global cues and investor caution ahead of the Union Budget on February 1
  • Sensex, Nifty slip in early trade as IT stocks weigh on markets

    Benchmark indices Sensex and Nifty declined in early trade on Monday, weighed down by losses in blue-chip IT stocks. Asian markets traded mixed, while investors remained cautious amid geopolitical concerns and recent US action in Venezuela.
  • Stock markets rally in early trade; Sensex jumps over 400 points

    Indian benchmark indices Sensex and Nifty surged in early trade, extending the previous session’s rally amid positive global cues and a US Federal Reserve rate cut. Major gainers included L&T and Tata Steel, while several IT stocks lagged alongside mixed Asian market trends
  • Sensex, Nifty Surge on US-India trade optimism; IT stocks lead gains

    Sensex and Nifty surged in early trade on US-India trade optimism, boosted by IT stock gains, fresh foreign fund inflows, and festive season buying. Brent crude rose, while FIIs purchased equities worth Rs 96.72 crore on Tuesday.
  • Sensex and Nifty rise in early trade as IT stocks gain, FIIs turn buyers

    Sensex and Nifty climbed in early trade on Wednesday, extending their five-day winning streak. Gains were led by IT stocks and fresh foreign fund inflows. Asian markets were mixed, while Brent crude rose 0.78%, and US markets ended lower.
  • Sensex, Nifty open lower as IT stocks fall on H-1B visa fee hike

    Sensex and Nifty opened lower on Monday, dragged by IT stocks after US President Trump raised H-1B visa fees to USD 100,000 for new applicants. Domestic consumption sectors gained, while Asian markets showed mixed performance amid global cues.
  • Sensex jumps 329 points as IT shares rally on US Fed rate cut hopes

    Sensex rebounded 329 points on Monday as IT and auto stocks led gains, driven by global optimism and hopes of a US Federal Reserve rate cut. Nifty rose 98 points, while midcap and smallcap indices showed mixed performance
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