Page 4 - It Stocks

Infosys could announce a buyback along with its Q2FY23 results: Jefferies

However, they have not specified the quantum of the buyback the company could announce. Infosys is scheduled to announce its Q2-FY23 numbers on October 12

Aurionpro soars to 14-year high; stock up 83% in the last 3 months

The stock hit an intra-day high of Rs 468, and has surged 14% in the last two trading sessions.

TMS Ep270: Oracle's trouble, Reliance JioMart, IT stocks, NaVIC

Is Oracle Corporation in trouble in India? Can Reliance repeat its brick-and-mortar success in e-commerce? Are IT stocks a good contrarian bet from a one-year perspective? What is NaVIC? Answers here

Are IT stocks a good contrarian bet from a one-year perspective?

Fears of a global recession have weighed heavily on domestic IT stocks. Amid concerns that the US and European clients may slash their IT budgets, do the sector valuations make them a contrarian bet?

IT shares extend fall; TCS, Wipro, Infy hit 52-week lows on growth concerns

In the past two weeks, the Nifty IT index has tanked 10 per cent, as against a 5 per cent decline in the Nifty 50.

Accenture sees Q1 revenue below estimates due to currency volatility

For the full year, the company reported revenue of $61.6 billion an increase of 22 per cent in the US dollar terms

Saksoft hits all-time high ahead of 1:10 stock split; stock soars 19%

Saksoft has fixed Monday, September 26, 2022 as the 'record date' to ascertain the eligibility of shareholders entitled for sub-division of equity shares.

Infosys hits 52-week low, slips 14% in one month amid growth worries

The stock was tracking losses in global markets, as the US Fed raised interest rates an another 75 bps on Wednesday.

TMS Ep262: Air India, Roger Federer's legacy, IT stocks, Yvon Chouinard

Can Air India become the Maharaja of Indian skies? What's Roger Federer's legacy? Will IT stocks continue to underperform? How Patagonia and Yvon Chouinard plan to save the earth? All answers here

Will IT stocks continue to underperform?

As the US central bank continues to paddle on monetary tightening, will the underperformance of Indian IT shares continue? We find out in this report

IT stocks bleed mirroring Nasdaq plunge; Nifty IT index down 3.4%

However, the latest downgrade by Goldman Sachs has come as a setback for the sector

Further correction in IT stocks not ruled out amid multiple headwinds

The IT industry is seen as a hedge against rupee depreciation

Nifty IT index tumbles nearly 4% on growth concerns; Infosys down 5%

On Wednesday, shares of TCS, Infosys, Coforge, Tech Mahindra, Larsen & Toubro Infotech, L&T Technology Services and Mindtree were down in the range of 3 per cent to 5 per cent

Indices see best weekly gains in over a month; IT, pvt bank stocks lead

Both indices ended the day off their intraday highs, with the Sensex finishing at 59,793, up 105 points or 0.18 per cent, while the Nifty50 at 17,833, up 35 points or 0.2 per cent

Mkts settle modestly lower in volatile trade; Bajaj Finserv biggest laggard

After rising over 320 points in intra-day trade, the 30-share BSE Sensex pared all gains to settle 48.99 points or 0.08 per cent lower at 59,196.99.

Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%

The tech-heavy Nasdaq index is down 22 per cent this year

Nifty IT slips nearly 5% in a bearish market; Tech M, Infosys fall up to 6%

In the past eight days, the Nifty IT index has slipped 10 per cent, as compared to 4 per cent decline in the Nifty 50 index

Consumer momentum unlikely to derail as IT firms rationalise salary payouts

In the last six months, the Nifty Consumption index has rallied 12 per cent as compared to the 3 per cent surge in the Nifty50 index, data showed

This Tata Group stock claims Rs 10,000-mark; zooms 133% in one year

Tata Elxsi hit a new high of Rs 10,150, rallying 7 per cent on the BSE in Friday's intra-day trade

Cognizant Q2 profit up 12.7% at $577 mn, lowers revenue guidance

Revenue was at $4.9 billion, up 9.5 per cent in constant currency on a year-on-year (YoY) basis