Quarterly Results

The Nifty IT index has lost over 19 per cent in CY26 as compared to a nearly 2 per cent dip in the Nifty 50 index during this period

The correction in the tech pack has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook

The correction in IT stocks has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook

Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.

Cyient, Birlasoft, Cigniti Technologies, eClerx Services and Tata Technologies were down between 4 per cent and 6 per cent in Friday's intra-day trade.

The Nifty IT index plummeted 5.9 per cent, the steepest intraday fall since April 7, 2025, with the fall led by Persistent Systems, LTIMindtree, and Infosys

Improved policy optics could encourage US enterprises to advance discretionary tech spending and GCC expansion, even though immediate revenue or margin acceleration for IT firms is unlikely.

Persistent Systems plans to scale up its Europe business to diversify revenues away from the US, as macroeconomic uncertainty, muted IT spending and sector-wide volatility continue to challenge growth

Here is the complete list of stocks that will trade ex-dividend next week, along with their announcement details and record dates

In 9MFY26, in rupee terms, PSYS's revenue grew 23 per cent, adjusted operating profit grew 39 per cent and adjusted net profit grew 40 per cent Y-o-Y