The October-December (Q3) quarter is expected to be another strong quarter for IT companies after strong performance witnessed in Q2FY22.
IT stocks were in demand on hopes of strong Q3 earnings post Accenture performance. 63 Moons has zoomed 117% this month, while stocks like CyberTech, Brightcom and D-Link have soared over 30% so far
Data Patterns sees blockbuster debut at 48% premium; HCL Technologies surges 5% amid block deal buzz; L&T Finance Holdings dips 7% on divestment of Asset Management business
Energy, auto, healthcare and banking shares were the major losers, while IT shares managed to buck the trend.
Till 09:26 am; around 8.15 million equity shares or 0.30 per cent stake of the company had changed hands on the NSE, the exchange data showed
Nifty should be held long with the stoploss of 16,650.
Metro Brands seems set for a tepid debut given the poor response to its initial public offer
Jayaram had led the sustainability and climate change practices at KPMG and Det Norske Veritas
The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE
The transaction, worth 99,000 euros, is expected to close in January 2022, subject to closing conditions
Hiring will be done across roles including in IT consulting, cloud, data analytics and digital engineering
The stock has been underperforming peers over the past couple of months
HCL intends to occupy 80% of Cinnamon Life, a project by John Keels, with plans of taking up 10 floors now and 10 floors at a later stage
Paytm and Sapphire Foods (owner of KFC) will make their debut on the stocks exchanges today
HCL on Wednesday announced it has launched AWS BU
Analysts expect growth momentum in the industry to continue for the next two quarters.
The war for talent has become a problem facing the IT industry amid an acute shortage of digital skills. Let us look at the reasons behind the issue and what the companies are doing to tackle this
C Vijayakumar speaks about the way forward and the demand scenario for HCL Tech's business
Stock market LIVE: The markets marched higher for the seventh straight day on the back of upbeat sentiment and hopes of strong Q2 by India Inc. Metals, PSU banks and sugar stocks logged smart gains
With today's decline, the stock has now corrected 11 per cent from its record high level of Rs 1,377 touched on September 24, 2021