Latest Updates Around The World
According to Motilal Oswal, Indian markets appear poised for better performance in CY26, especially after the sharp underperformance of around 26% in USD versus MSCI EM in CY25. The brokerage believes that the earnings environment is stabilizing and macro conditions are turning supportive following a series of monetary and fiscal measures by the RBI and […]
The combined market valuation of six of the top 10 most valued companies eroded by over Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The benchmark BSE has fallen 953.64 points or 1.14 percent in the past week. […]
After a brutal two-day sell-off that saw Infosys and Wipro ADRs fall as much as 14.5%, Friday’s session brought a much-needed breather. The bargain hunt started at lower levels, leading to a sharp rebound as Infosys rose 4% while Wipro rose 3%, helping both stocks end the week on a much stronger note.A whopping Rs […]
ET Intelligence Group: Will Indian software companies rise to the challenge posed by new models of artificial intelligence (AI) that are transforming the way business solutions are implemented and delivered to customers? While the jury is still out, one thing is clear: domestic software exporters are far from unprepared. Both large and mid-sized IT companies […]
Infosys’ American Depositary Receipts (ADRs) reversed Thursday’s losses on Friday, rising 4% in early trade to hit a day’s high of $14.77, while Wipro’s ADRs rose 2.2% to $2.33 despite selling pressure on the Nasdaq Composite and weak trading in domestic IT stocks for yet another session today.Major indices on Wall Street were trading lower […]
NCDEX has entered into a long-term strategic technology partnership with Tata Consultancy Services (TCS) to fuel its planned foray into the equity and equity derivatives segments. “Under a ten-year commitment, TCS will deploy a scalable, enterprise-grade trading and monitoring platform designed to meet evolving market and regulatory needs,” said a press release.“Guided by our ‘Bharat […]
Friday the 13th, a date steeped in superstition and caution, so much so that there is even talk of a tongue-twisting phobia, Paraskevidekatriaphobia, may send chills through popular Western culture, but seems to have little impact on Dalal Street, where the markets tend to move more on fundamentals than folklore.A closer look at the last […]
Benchmark indices Sensex and Nifty opened 1% lower on Friday, extending losses for the second straight session, after a deeper sell-off in IT stocks disrupted investor sentiment amid rising fears of AI-induced disruption. The slide also came on Friday the 13th – a date long considered unlucky in the West.Heavyweights Infosys, TCS, HCLTech and Wipro […]
Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
