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What next for stocks of IT firms
What next for stocks of IT firms
Information technology (IT) bellwether Infosys Technologies' January-March quarter earnings, announced on Thursday, missed Street estimates. While its net profit for the three-month period declined 11.7 per cent from a year ago to Rs 7,033 crore, the more concerning piece of news lay in its outlook for FY26: The company guided for weaker than expected revenue growth during the ongoing financial year.
Even as global economic uncertainty, tariff disruptions and cautious client spending cloud the sector's outlook, Infosys seems to share the pessimism aired earlier by Accenture, which fears loss of US federal contracts, and Tata Consultancy Services (TCS) and...
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IT companies' slice of Nifty 50 pie shrinks sharply to 17-year low
Sector's weighting in index has slipped to 10.2% from peak of 17.7%
 "IT's grim portents")
Infosys Q4FY25 results: Net profit declines 11.7% to ₹7,033 crore
Infosys signals weak FY26 after muted Q4 result
Updated On : 18 Apr 2025 | 12:02 PM IST "IT's grim portents")
US agency probes bias claims against TCS on race, age, national origin
An EEOC spokesperson, citing federal law, said the agency cannot comment on investigations. Complaints, or charges, made to the EEOC are confidential under federal law.
Updated On : 18 Apr 2025 | 12:03 PM IST "IT's grim portents")
IT major Infosys to hire 20,000 fresh engineering graduates in FY26
It remains to be seen how this hiring will pan out, which will largely depend on project ramp-ups and more deal inflows. Any further deterioration may force the companies to proceed with caution
Updated On : 18 Apr 2025 | 12:01 PM IST "IT's grim portents")
Latest Updates on What next for stocks of IT firms
Markets log worst year since FY20; oil rise, IT rout deepen losses
Oil price surge, persistent FPI outflows and IT sector slump drag markets to their weakest fiscal performance in six years despite strong domestic inflows
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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
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Deal boost lifts Oracle Financial Services shares 7% in weak markets
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Poor sentiment is a good vintage for building a portfolio: Vikas Khemani
Selective IT services companies with strong digital portfolios, diversified clients, and disciplined cost structures could indeed present a contrarian opportunity, he said.
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Mphasis, TCS, HCLTech, Wipro: Why did Nifty IT rise 3% in trade today?
Individually, Mphasis shares were up 3.15 per cent, followed by Infosys, Tech Mahindra, Persistent Systems, HCLTech, Oracle Financial Services Software, and LTIMindtree up over 2 per cent.
 "Mphasis, TCS, HCLTech, Wipro: Why did Nifty IT rise 3% in trade today?")
AI tailwinds not enough: Analysts cautious on Indian IT after Accenture Q2
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IT stocks rebound 2.8% as brokerages downplay AI disruption fears
Nifty IT index snaps six-day losing streak as brokerages cite stable demand, limited pricing pressure and resilient outlook despite concerns over generative AI
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Index up, portfolios down? Half of BSE 500 stocks trail Sensex
According to Ace Equity data compiled by Business Standard, 250 out of 495 BSE 500 stocks have lagged the Sensex over the same period as of March 10, 2026
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Risk-reward ratio favorable for long-term investors: Rahul Singh, Tata AMC
Strategy for 2026, he said, is shifting toward sectors with a probable growth visibility such as Banking, Consumer, Resources and Manufacturing.
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IT stock: Happiest Minds shares zoom nearly 30% in two days; here's why
Happiest Minds share price: The strong buying interest emerged after the Bengaluru-headquartered firm revised its revenue growth expectation for FY27 to 12.5%, up from its earlier estimate of 10%
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Tata Consultancy Services wealth erosion tops $100 billion from peak
TCS loses over $100 billion in market value from its 2022 peak as AI uncertainty and IT sector correction trigger a sharp valuation reset
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TCS stock at lowest level since October 2020, tanks 17% in 1 month
Thus far in the calendar year 2026, TCS's market price plunged 23 per cent, as against 7.4 per cent decline in Nifty 50, data shows. The NIfty IT index lost over 1 per cent in trade on Tuesday.
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R Systems International jumps 29% in two days; what's driving the rally?
A total of 40.82 million equity shares of R Systems, valued at approximately ₹1362.07 crore, changed hands on the BSE and NSE during the session
Infosys, HCL Tech FY27 guidance may steer IT stocks amid AI fears: HSBC
With AI concerns continuing to put pressure on Indian IT stocks, analysts at HSBC expect Infosys and HCLTech's FY27 guidance could be the key catalyst for the sector
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Street signs: 24K support level for Nifty under watch, GIFT City IPO debuts
Nifty's 24,000 level emerges as a key support amid global fund outflows and West Asia tensions, while IT stocks turn defensive and the first IPO opens at GIFT City IFSC
 "Street signs: 24K support level for Nifty under watch, GIFT City IPO debuts")
Foreign outflows from IT stocks at 7-month high in Feb on AI shockwaves
Foreign portfolio investors sold IT stocks worth ₹16,949 crore ($1.85 billion) for the month
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Why are IT shares gaining in a falling market? Infosys up 2%, Persistent 1%
IT stocks outperformed the market on Wednesday as rupee breached the 92 per dollar-mark. Shares of Infosys, TCS, HCL Tech gained amid the market crash
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Earnings outlook for Indian IT sector remains subdued: Geojit's Vinod Nair
AI adoption is reshaping cost structures, leading to shorter project timelines and thereby layoffs in low-skill roles, said Geojit's Vinod Nair
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Wobbly markets: Sensex, Nifty cap volatile February with another 1% drop
Benchmark indices slid over 1% on Friday, ending a turbulent February marked by a sharp IT selloff, weak global cues and erratic FPI flows, resulting in a third straight monthly drop
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Cyclicals lift India's profit-to-GDP ratio to 5.3% post-Covid: ICICI Sec
Defensive sectors like IT and FMCG see market-cap share slip to 18 per cent as cyclical sectors like industrials and financials lead profit expansion
 "Cyclicals lift India's profit-to-GDP ratio to 5.3% post-Covid: ICICI Sec")