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Nifty IT index sinks 4%; HCLTech, Persistent Systems, Coforge dip up to 11%

IT stocks came under sharp selling pressure today after HCLTech's Q4 results and weak growth guidance.

Nifty IT index sinks 4%; HCLTech, Persistent Systems, Coforge dip up to 11%
Updated On : 22 Apr 2026 | 11:16 PM IST

Stock Market Close: Sensex snaps 3-day winning streak, falls 757 pts, Nifty ends below 24,400

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.19 per cent and 1.13 per cent higher, respectively.

Stock Market Close: Sensex snaps 3-day winning streak, falls 757 pts, Nifty ends below 24,400
Updated On : 22 Apr 2026 | 3:50 PM IST

Stocks to Watch today, Apr 22: HCLTech, IHCL, SBI Life, Swiggy, BEML

Stocks to Watch today, April 22, 2026: HCLTech, SBI, Swiggy and others will remain in focus; here's why

Stocks to Watch today, Apr 22: HCLTech, IHCL, SBI Life, Swiggy, BEML
Updated On : 22 Apr 2026 | 8:15 AM IST

HCLTech Q4 results: Net profit up 4.2%; slow start to FY27 flagged

Client cutbacks, macro jitters trim growth expectations

HCLTech Q4 results: Net profit up 4.2%; slow start to FY27 flagged
Updated On : 21 Apr 2026 | 11:44 PM IST

HCLTech Q4 results: Net profit rises 4.2% to ₹4,488 cr, revenue up 12.3%

HCLTech CEO and MD C Vijayakumar termed the year as one with an uncertain demand environment

HCLTech Q4 results: Net profit rises 4.2% to ₹4,488 cr, revenue up 12.3%
Updated On : 21 Apr 2026 | 6:35 PM IST

Stocks to Watch today, Apr 21: HCLTech, Nestle, Vedanta, TVS Motor, HPCL

Stocks to Watch today, April 21, 2026: From PNB Housing to HCLTech, here are key stocks that will remain in focus

Stocks to Watch today, Apr 21: HCLTech, Nestle, Vedanta, TVS Motor, HPCL
Updated On : 21 Apr 2026 | 8:02 AM IST

HCLTech Q4 preview: Product seasonality may hit CC rev; FY27 guidance eyed

HCLTech Q4 results preview: Brokerages tracked by Business Standard estimate HCLTech's net profit at an average of ₹4,716 crore, compared with ₹4,307 crore a year ago

HCLTech Q4 preview: Product seasonality may hit CC rev; FY27 guidance eyed
Updated On : 20 Apr 2026 | 9:05 AM IST

TCS, HCLTech, Wipro, Infosys, Mphasis: Why did Nifty IT rise 3% today?

Individually, Oracle Financial Services Software rallied 4.4 per cent, followed by TCS, Wipro, Persistent Systems, Infosys, Mphasis and LTIMindtree up over 2 per cent

TCS, HCLTech, Wipro, Infosys, Mphasis: Why did Nifty IT rise 3% today?
Updated On : 15 Apr 2026 | 12:08 PM IST

IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key

IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance

IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key
Updated On : 06 Apr 2026 | 10:41 AM IST

IT firms to ramp up acquisitions, may spend up to $7 billion in 2026

Indian IT services firms are expected to increase acquisition spending to up to $7 billion this year, targeting AI, cloud and data capabilities amid a challenging organic growth environment

IT firms to ramp up acquisitions, may spend up to $7 billion in 2026
Updated On : 27 Mar 2026 | 10:43 PM IST

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
Updated On : 27 Mar 2026 | 11:18 AM IST

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'.

Antique cuts TCS, HCLTech to 'Hold'; slashes growth estimates on AI risks
Updated On : 26 Feb 2026 | 8:16 AM IST

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%
Updated On : 25 Feb 2026 | 12:27 PM IST

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

AI transition will be painful; IT industry to reinvent: HCLTech CEO
Updated On : 24 Feb 2026 | 11:35 PM IST

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 to be force multiplier for HCLTech, can boost productivity: Roshni Nadar
Updated On : 22 Feb 2026 | 11:25 PM IST

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 & ...

HCLTech to streamline aviation maintenance operations for Hong Kong's HAESL
Updated On : 04 Feb 2026 | 3:43 PM IST

HCLTech acquires Singapore-based Finergic Solutions for $14.7 million

The acquisition aligns with HCLTech's strategic focus on strengthening its financial services expertise, particularly in core banking and wealth management, the company said

HCLTech acquires Singapore-based Finergic Solutions for $14.7 million
Updated On : 23 Jan 2026 | 9:14 PM IST

LTIMindtree Q3FY26 results: Net profit slides 10.5% to ₹971 crore

LTIMindtree's Q3FY26 profit falls 10.5% to ₹971 crore due to labour code impact, even as revenue grows 11.6% on strong BFSI and manufacturing deals

LTIMindtree Q3FY26 results: Net profit slides 10.5% to ₹971 crore
Updated On : 19 Jan 2026 | 7:56 PM IST

HCLTech sharpens focus on India as market, appoints Sandeep Saxena as CGO

HCLTech has elevated company veteran Sandeep Saxena as Chief Growth Officer - Growth Markets 2, as it sharpens focus on India and other key regions such as West Asia and Africa

HCLTech sharpens focus on India as market, appoints Sandeep Saxena as CGO
Updated On : 14 Jan 2026 | 7:05 PM IST

HCLTech counts on M&As to add 1.5% to revenue: CEO & MD C Vijayakumar

IT companies are looking to diversify and look beyond traditional revenue segments, as growth has remained damp over the last few years

HCLTech counts on M&As to add 1.5% to revenue: CEO & MD C Vijayakumar
Updated On : 14 Jan 2026 | 12:43 AM IST