HCL Technologies Ltd News

AI fears overdone? Emkay turns 'Overweight' on IT, adds Infosys, HCL Tech

Emkay Global has turned 'Overweight' on Indian IT sector after Nifty IT fell 21 per cent in February 2026. It sees a 3-year return potential of up to 25 per cent with limited downside.

Antique cuts TCS, HCLTech to 'Hold'; slashes growth estimates on AI risks

Earlier this week, Jefferies downgraded Indian IT companies Infosys, HCLTech and MphasiS to 'hold'; LTIMindtree, TCS and Hexaware to 'underperform'.

TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%

Individually, HCLTech shares were up 3.57 per cent; Infosys, Tech Mahindra, TCS, and Wipro were trading over 2 per cent higher

Nifty IT enters bearish phase, charts signal sell on rise trend: Analysts

The IT index decline gathered pace after it broke down from a Head and Shoulders pattern on the weekly chart - a classic signal of a structural trend reversal, explains Sachin Gupta of Choice Broking.

AI transition will be painful; IT industry to reinvent: HCLTech CEO

C Vijayakumar says the $283 billion IT industry faces a difficult AI-led shift, but frontier model firms and services players will drive long-term value creation

Nifty IT hits 2-year low; Tech stocks slide up to 5% on renewed AI fears

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

FIIs cut stake in IT firms in Q3FY26 amid AI woes; here's what data shows

According to the shareholding pattern of top Indian IT companies, FIIs have trimmed their stake over the last one year amid growing fear that AI is causing significant disruption

Infosys, TCS: Jefferies downgrades Indian IT stocks, cuts earnings estimate

The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.

AI to be force multiplier for HCLTech, can boost productivity: Roshni Nadar

HCLTech chairperson Roshni Nadar Malhotra says AI will enhance per-employee productivity and transform entry-level roles, as the firm expands into new areas including semiconductor packaging

AI scare triggers worst FII fortnightly exit from IT stocks since July 2025

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

Nifty IT index tanks 10% in 2 days; TCS, Infy, Wipro slump to 52-week lows

The Nasdaq IT services basket has corrected meaningfully, dragging Indian IT ADRs lower and triggering a risk-off sentiment that has spilled into domestic markets, said ICICI Securities.

Infosys, Wipro ADRs slump up to 10% as global tech selloff persists

Over the past two trading sessions, the Nifty IT index has declined 7 per cent, while losses over the last seven trading days stand at 14 per cent

Tech Mahindra, Infy among top analyst picks as IT stocks continue to slide

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.

Nifty IT index tumbles over 4%; TCS, Wipro, Cyient, Hexaware hit 52-wk lows

TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.

IT index down 9% in 4 days; at 3-mth low; what's making the Street nervous?

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.

Tech stocks sink as Anthropic AI triggers global selloff; Nifty IT skids 6%

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

HCLTech to streamline aviation maintenance operations for Hong Kong's HAESL

Hong Kong Aero Engine Services Ltd (HAESL) has chosen Indian IT firm HCLTech to modernise its maintenance, repair and overhaul operations. The partnership aims to streamline HAESL's Maintenance, Repair and Overhaul (MRO) processes to boost efficiency and scalability, provide real-time data visibility for quicker decision-making, improve resource utilisation and ensure compliance with global standards. HCLTech will deploy its asset management solution, iMRO/4, as HAESL's Maintenance Execution System (MES) in Hong Kong, HCLTech said in a statement. "By integrating iMRO/4 with SAP S/4HANA, we will enhance end -to- end traceability and provide a single view of the workflow from induction to release. This reduces barriers and improves execution efficiency. "Partnering with HCLTech marks a significant step in our transformation, creating a scalable digital foundation that supports operational excellence and long -term growth ," said Ravinder Bedi, General Manager of Finance & ...

Nifty IT index soars 6% intra-day, TechM hits record high; here's why

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.

Nifty IT jumps 3.5% from day's low; TCS, Infy, Wipro shine on Budget boost

Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.

Nifty outlook, 3 stocks to buy today by Chandan Taparia of Motilal Oswal

Chandan Taparia of Motilal Oswal suggests buying HClTech, SAIL and Oil India; check all details here