Oracle Financial Services Software Ltd News
HCLTech, TCS, Wipro: Nifty IT gains 1% in weak market as rupee falls
In the morning deals, the domestic currency hit a new low at 96.16 against the US dollar
 "HCLTech, TCS, Wipro: Nifty IT gains 1% in weak market as rupee falls")
Deal boost lifts Oracle Financial Services shares 7% in weak markets
OFSS share price today: Oracle Financial Services Software jumped 7 per cent after the company entered into a definitive agreement with an existing customer in the US
 "Deal boost lifts Oracle Financial Services shares 7% in weak markets")
Fed pause, inflation risks drag IT stocks; TCS, Wipro, HCL drop up to 3%
Indian IT firms derive a major portion of revenue from the US market, making them sensitive to changes in interest rate expectations and inflation trends
 "Fed pause, inflation risks drag IT stocks; TCS, Wipro, HCL drop up to 3%")
Nifty IT snaps six-day losing streak, up 4%; Coforge, Persistent lead gains
Nifty IT index: Today's rebound in IT stocks followed a sharp decline over the past six sessions, during which the index had lost 4.6 per cent
FIIs net sell over 49K Nifty futures in 3 days, OI jumps by 36%: F&O data
According to data, FIIs net sold shares worth ₹19,584.70 crore in the cash market, and index futures worth ₹10,100.74 crore in the F&O segment in the last three trading sessions.
 "FIIs net sell over 49K Nifty futures in 3 days, OI jumps by 36%: F&O data")
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
 "TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%")
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.
 "Tech Mahindra, Infy among top analyst picks as IT stocks continue to slide")
Infosys, TechM, Wipro surged up to 5%; why Nifty IT rallied 3% on Friday?
Analysts anticipate a stronger growth recovery for IT sector in FY27 compared to FY26, driven by an improvement in demand, more stable macro conditions, increased budgetary spending and deal ramp-ups.
 "Infosys, TechM, Wipro surged up to 5%; why Nifty IT rallied 3% on Friday?")
Nifty IT index declines 2.5% as sector braces for subdued Q3 growth
IT companies are projected to report subdued growth in the third quarter of FY26, as ongoing pressure on discretionary spending continues to impact the sector
 "Nifty IT index declines 2.5% as sector braces for subdued Q3 growth")
Nifty IT index rallies 2%; Infosys, HCL Tech, TCS gain up to 3%; here's why
Since September 30, the Nifty IT index has outperformed the market by surging 6.4 pee cent as compared to a 4-per cent rise in the Nifty 50 index
 "Nifty IT index rallies 2%; Infosys, HCL Tech, TCS gain up to 3%; here's why")