)
What next for stocks of IT firms
Page 19 - Latest Updates on What next for stocks of IT firms
Foreign outflows, weak IT sector stocks weigh on benchmark indices
Sensex declines in 4 out of 5 sessions in the week, Nifty50 in 3 sessions
 "Foreign outflows, weak IT sector stocks weigh on benchmark indices")
IT stocks tumble as Credit Suisse warns of valuation-led correction
Indian IT valuations, the brokerage and research house argues, are at large premium to history despite material correction from the top
 "IT stocks tumble as Credit Suisse warns of valuation-led correction")
Stocks to Watch: Adani Green, Tata Motors, Kirloskar Bros, Dhunseri Tea
Stocks to Watch Today: Read analysis on why value investors could be seen taking selective punts on IT stocks in the near future.
 "Stocks to Watch: Adani Green, Tata Motors, Kirloskar Bros, Dhunseri Tea")
Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%
The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%
 "Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%")
Indices end three-day losing streak as metal, IT stocks see big gains
Only five counters closed with losses -Nestle India, Bharti Airtel, PowerGrid, HDFC Bank and Kotak Mahindra Bank, slipping up to 0.76%
 "Indices end three-day losing streak as metal, IT stocks see big gains")
Kaynes Technology makes stellar debut, lists at 33% premium to issue price
The stock listed at Rs 778 on the NSE, a premium of 33 per cent over its issue price of Rs 587 per share.
 "Kaynes Technology makes stellar debut, lists at 33% premium to issue price")
R Systems zooms 20% on Blackstone's open offer to acquire majority stake
Blackstone has made an offer for acquiring up to 57.17 million equity shares, representing 48.33 per cent of R Systems equity, at Rs 245 apiece.
 "R Systems zooms 20% on Blackstone's open offer to acquire majority stake")
IRCTC, Zomato, Infosys: Is investors' love for digital India over?
Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit
 "IRCTC, Zomato, Infosys: Is investors' love for digital India over?")
Use corrections in IT sector as buying opportunities, say experts
Stellar long-term track record, growing digitalisation augur well for IT sector funds
 "Use corrections in IT sector as buying opportunities, say experts")
Indian shares rise as IT and automobile stocks boost, crude prices fall
The NSE Nifty 50 index rose 0.97% to 17,959.30 as of 0402 GMT, and the S&P BSE Sensex was 0.99% higher at 60,555.83.
 "Indian shares rise as IT and automobile stocks boost, crude prices fall")
Gloomy results by Alphabet, Microsoft stoke fears of a global downturn
Alphabet leads Big Tech sell-off after reporting slowdown in ad growth, Microsoft's cloud revenue softer than expected
 "Gloomy results by Alphabet, Microsoft stoke fears of a global downturn")
Financials, IT, FMCG see highest FPI sell-off in first fortnight of October
Overseas funds dumped Rs 4,081 crore worth of shares of companies in the financial services sector, while IT shares worth Rs 1,665 crore were sold, according to data collated by primeinfobase.com
 "Financials, IT, FMCG see highest FPI sell-off in first fortnight of October")
Similar P/E for cement & IT 'extraordinary': Kotak Institutional Equities
Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT
 "Similar P/E for cement & IT 'extraordinary': Kotak Institutional Equities")
F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech
The derivative analyst from HDFC Securities recommends buying HCL Technologies 1020 Call and selling 1040 Call of the October series.
 "F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech")
Markets extend gains for 5th session on fag-end buying IT stocks shine
World stocks were largely negative ahead of a slew of central bank meetings
Tracxn Tech surges 25% on market debut, stock hits Rs 100-mark
With growing users for private market data, the company is looking to capitalize on the opportunity by growing its customer base further.
 "Tracxn Tech surges 25% on market debut, stock hits Rs 100-mark")
TMS Ep281: RBI on inflation, startup funding, IT stocks, base effect
Are RBI's hands tied when it comes to inflation? Why are Indian start-ups facing a severe funding winter? Will IT stocks survive global recession fears? What is low base effect? All answers here
 "TMS Ep281: RBI on inflation, startup funding, IT stocks, base effect")
Infosys surges 5%; Q2 earnings, Rs 9,300 cr share buyback lifts sentiment
The IT major has increased the lower end of the revenue guidance keeping upper end constant i.e. revenue guidance changed from 14-16 per cent to 15-16 per cent in constant currency terms.
 "Infosys surges 5%; Q2 earnings, Rs 9,300 cr share buyback lifts sentiment")
Will IT stocks survive recession fears?
Despite a bleak global outlook, top Indian IT giants wrapped up their Q2 earnings in line with the Street's expectations. What do Q2 results indicate for the IT sector amid growing fears of recession?
 "Will IT stocks survive recession fears?")
Financials, IT, energy see highest FPI selloff in last fortnight of Sept
The selling dragged the BSE Financial Services index by 4.7 per cent in the last two weeks of September.