Page 27 - Infosys

Markets extend gains on fag-end buying; Infosys, L&T shine amid mixed trend

Benchmark equity indices Sensex and Nifty pared early losses to close higher on Wednesday, helped by fag-end buying in index majors Infosys, L&T and M&M amid a mixed trend in global markets. The 30-share BSE Sensex climbed 137.50 points or 0.21 per cent to settle at 65,539.42. During the day, it fell by 369.03 points or 0.56 per cent to 65,032.89. The NSE Nifty gained 30.45 points or 0.16 per cent to end at 19,465. UltraTech Cement was the biggest gainer in the Sensex pack, rising 2.43 per cent, followed by NTPC, Tata Motors, Infosys, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Maruti, Wipro and SBI were the major gainers. In contrast, Tata Steel, Bharti Airtel, Bajaj Finserv, Axis Bank, Bajaj Finance and JSW Steel were the major laggards. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended in the negative territory. European markets were trading mostly in the green. The US markets ended lower on Tuesday. Global oil benchmark Brent crude climbed 0.01 per

Stocks to Watch today, Aug 16: IndiGo, ITC, SBFC, Infy, Voda Idea, M&M, Zee

Stocks to watch on August 16, 2023: Shares of IndiGo are likely to be in focus amid reports of a likely stake sale by the co-founders Gangwal family on Wednesday.

Infosys signs 5-year deal with Liberty Global estimated at $1.64 bn

Collaboration will enable London-based video and broadband company to realise run-rate savings of more than $109 bn

HCLTech announces new digital transformation deal from Cricket Australia

IT services company enable Cricket Australia to deliver immersive digital services across the world

Byju's hires Infosys veteran Richard Lobo to steer human resources function

Lobo joins Byju's after a 23-year career at Infosys, where he held various leadership roles, most recently serving as its EVP and Head of HR

Topaz proof of our leadership in AI: Infosys MD & CEO Salil Parekh | Exclusive Interview

Salil Parekh has led Infosys for over five years. With Business Standard, he discussed Infosys' vision for the future and the macro environment. Watch the video to know more. >

Topaz is the proof of our leadership in AI: Infosys MD & CEO Salil Parekh

Parekh, CEO and MD, Infosys, talks about the company's vision for the next five years

Infosys to Reliance: Gauging the economy through Q1 corporate results

Numbers show subdued overseas demand for services, gradual recovery in consumer demand and the impact of high interest and inflation

TMS Ep484: Infosys, tomato price, auto stocks, Hindu Undivided Family

What does Infosys guidance say about Indian IT's future? Why do tomato prices hurt India every year? Can the rally in auto stocks run out of fuel soon? What is a Hindu Undivided Family? Answers here

Trouble for new engineering graduates as IT hiring to hit 3-yr low in FY24

The fear of a recession in the US has emerged as a major hurdle for the IT sector. There is also a dearth of new projects which may impact the recruitment of new engineers

Losing the grip: Markets' record run hits earnings reality hurdle

Sensex, Nifty post biggest loss since March 13

Sensex drops 888pts, Nifty below 19,750; Infy sinks 8%, HUL, RIL up to 3.5%

Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)

Bears crush Nifty's 20,000-mark dream, send Sensex 888 pts down; here's why

The S&P BSE Sensex crashed over 1,000 points to hit day's low of 66,534 levels, while Nifty50 crashed 279 points to day's low of 19,700 levels

More downside seen in Infosys earnings estimate; stock to derate: Analysts

Infosys Q1 result review: Brokerages have unanimously reduced FY24 EPS estimates for the company in the range of 2-4 per cent, though the Street is likely fearing even further downside, they say

Stocks to watch: RIL, Infosys, HUL, Ultratech Cement, Union Bank, L&T, DLF

Stocks to watch on July 21, 2023: From Reliance Industries to Infosys, check out the top stocks to watch in Friday's trading session

Infosys cuts FY24 outlook to 1-3.5%; Q1 net profit up 11% to Rs 5,945 cr

Operating margins 'resilient in uncertain macro environment', says company

Markets end at record closing highs; Sensex tops 67,500, Nifty nears 20,000

Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates

Infosys Q1FY24 result: Net profit up 10.9% to Rs 5,945 cr; attrition falls

The operating margin for the quarter was stable at 20.8%. Its attrition declined to 17.3% during the quarter

Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee

Stocks to watch on July 20, 2023: From Reliance Industries to Hindustan Unilever, check out the top stocks to watch in Thursday's trading session

Infosys may beat peers on Q1 profit growth; risk to revenue guidance eyed

Infosys may post a net profit of Rs 6,245 crore for Q1, up 2 per cent sequentially, much better than the 3-11 per cent QoQ slide in net profits of TCS, HCL Tech and Wipro