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Page 2 - Nifty It Index

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

Infosys could announce a buyback along with its Q2FY23 results: Jefferies
Updated On : 30 Sep 2022 | 7:14 PM IST

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?

Are IT stocks a good contrarian bet from a one-year perspective?
Updated On : 29 Sep 2022 | 7:00 AM IST

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.

IT shares extend fall; TCS, Wipro, Infy hit 52-week lows on growth concerns
Updated On : 26 Sep 2022 | 11:08 AM IST

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

IT stocks bleed mirroring Nasdaq plunge; Nifty IT index down 3.4%
Updated On : 14 Sep 2022 | 10:35 PM IST

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

Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%
Updated On : 29 Aug 2022 | 11:45 PM IST

Sensex, Nifty headed towards 100-WMA; more pain ahead for markets?

The 100-WMAs hold the key for the Sensex and Nifty; Only a decisive breakdown of the same could mean medium-term bearishness for the benchmark indices.

Sensex, Nifty headed towards 100-WMA; more pain ahead for markets?
Updated On : 13 Jun 2022 | 12:34 PM IST

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%

The deterioration of the US corporate sector profitability would lead to tighter IT spending

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%
Updated On : 19 May 2022 | 1:23 PM IST

Tier-2 IT firms face sharper downgrades with clients likely to pare spends

Margin pressure and valuation premium point to downside for stocks

Tier-2 IT firms face sharper downgrades with clients likely to pare spends
Updated On : 15 Apr 2022 | 11:13 PM IST

Why are investors dumping IT stocks on Dalal Street?

IT stocks have been on a downward spiral in 2022. In comparison, the Nifty50 index has moved up over 2% during this period. What is ailing the sector and why is it out of flavour on Dalal Street?

Why are investors dumping IT stocks on Dalal Street?
Updated On : 04 Feb 2022 | 8:00 AM IST

Beating high expectations critical for further gains in midcap IT stocks

While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms

Beating high expectations critical for further gains in midcap IT stocks
Updated On : 11 Jan 2022 | 11:11 PM IST

Q2 results: IT majors poised for gains on Infosys, Wipro guidance

Strong deal wins are likely to keep revenue growth elevated

Q2 results: IT majors poised for gains on Infosys, Wipro guidance
Updated On : 14 Oct 2021 | 1:13 AM IST

Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key

Brokerage Sharekhan pegs Wipro's September quarter revenue at Rs 19,444 crore over Rs 15,114.50 crore posted in the corresponding quarter a year ago

Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key
Updated On : 12 Oct 2021 | 12:18 PM IST
Updated On : 14 Sep 2021 | 1:53 AM IST

Midcap IT shares in demand; Happiest Minds, MphasiS rally over 5%

At 11:41 am; the S&P BSE IT index and Nifty IT indices were up 2 per cent each, as compared to 0.14 per cent gain in the benchmark indices the S&P BSE Sensex and Nifty50.

Midcap IT shares in demand; Happiest Minds, MphasiS rally over 5%
Updated On : 14 Jul 2021 | 11:55 AM IST

Chart check: Nifty IT index could double in one year. Stay put

The Nifty IT index has managed to conquer the resistance of 27,500 which suggests a further upside towards 28,200 and 28,500 levels

Chart check: Nifty IT index could double in one year. Stay put
Updated On : 09 Jun 2021 | 12:39 PM IST

Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos

TCS Q4 Preview: Analysts expect TCS to report a 9 per cent year-on-year (YoY) growth in revenue (in rupee terms) for the March quarter

Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos
Updated On : 09 Apr 2021 | 1:42 PM IST

FMCG's premium valuation over IT sector likely to shrink, say analysts

Strong growth for the tech sector, margin headwinds for FMCG firms to tilt the scale in favour of the former, say analysts

FMCG's premium valuation over IT sector likely to shrink, say analysts
Updated On : 28 Mar 2021 | 8:39 PM IST

Nifty IT index slips over 4% on profit booking; Infosys, HCL Tech tank 5%

In the month of March, the IT index has outperformed the market by surging 7.7 per cent as against a 1.3 per cent gain in the benchmark index till Wednesday

Nifty IT index slips over 4% on profit booking; Infosys, HCL Tech tank 5%
Updated On : 18 Mar 2021 | 2:56 PM IST

TCS, Infosys: These IT stocks may help Nifty50 claim new high

An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index

TCS, Infosys: These IT stocks may help Nifty50 claim new high
Updated On : 10 Mar 2021 | 12:02 PM IST

Infosys, Wipro, TCS: How to trade frontline IT stocks in the current market

After the recent correction in Nifty IT, the index is gradually rising

Infosys, Wipro, TCS: How to trade frontline IT stocks in the current market
Updated On : 15 Feb 2021 | 12:46 PM IST