Latest Updates Around The World
IT stocks fell as much as 3.7% on Monday ahead of the earnings season, which starts next week with the announcement of third-quarter results by IT vendor Tata Consultancy Services (TCS) and HCL Technologies.HCL Technologies was the biggest loser, followed by Infosys, which fell 3.5% intraday to hit an intraday low of Rs 1,583.10 on […]
LTIMindtree stock is up 18% in the past three months, outperforming the 11% gain in the ET Infotech Index. The country’s sixth largest software exporter by annual revenue and fifth largest by net profit reported robust 22% year-on-year growth in new order bookings in the September quarter. Given the pipeline of large deals, the momentum […]
The Nifty could head towards 30,000 by 2026 as a turbulent 2025 paves the way for the next phase of the bull market, ICICI Direct said in its Technical Yearly Outlook 2026 report. The brokerage argued that the index is now positioned for a structural rebound, driven by a ‘Cup & Handle’ breakout, a recovery […]
Indian IT companies Infosys, Wipro and LTIMindtree delivered steady growth in the second quarter, with consecutive revenue increases across the board, Goldman Sachs said. While deal momentum and early signs of demand stabilization point to a soft recovery ahead, brokers warn that AI-driven productivity gains and subdued discretionary spending could keep sector valuations under pressure. […]
