Page 2 - Latest Updates on What next for stocks of IT firms

TCS share in group market capitalisation falls to lowest since listing

TCS's share of Tata Group's market cap falls to a 21-year low as its stock declines sharply, even as non-TCS Tata companies hit record valuations

LTM's AI-led 'Lakshya 2031' plan impresses analysts; execution remains key

LTM's AI-led 'Lakshya 2031' strategy won analysts' backing with nrokerages seeing growth potential from Business AI, BlueVerse and Randstad integration.

AI optimism sparks biggest single-day IT rally in a yr as outlook brightens

Tech stocks lead market rebound after four-day slide

AI deals are rising, but earnings lag: What lies ahead for Indian IT stocks

Indian IT stocks have fallen up to 34 per cent in 2026 as AI disrupted outsourcing model. Analysts remain cautious on FY27 outlook. They prefer TCS, Infosys, HCLTech, Coforge

Wipro fixes June 5 as record date for ₹15,000 crore buyback; stock gains 3%

Wipro has set the buyback price at ₹250 per share, implying a premium of 23 per cent over the stock's previous closing price of ₹203.11 per share

LTM's Randstad acquisition: Analysts see risks beyond low-valuation deal

LTM's acquisition of Randstad's Europe and Australia technology services business expands scale and opens new verticals, but brokerages question whether the deal strengthens AI capabilities

JM Fin sees mid-tier IT outperforming largecaps; Mphasis among top picks

Within the sector, JM Financial sees mid-tier IT companies outperforming large-caps and has identified Infosys among the top-six players, Mphasis in the mid-tier space, and Sagility among business pr

Coforge reclaims 100-DMA; 5 reasons why Geojit is bullish on this IT stock

Coforge has rallied 12 per cent in the last three trading sessions. Technical analyst at Geojit highlights the formation of a higher-high on the weekly chart among key reasons.

Nifty IT extends gains for third session, up 8%; check top picks by analyst

Prashanth Tapse of Mehta Equities said that while IT stocks have seen some improvement in price, the broader fundamentals of the sector remain challenging due to relatively subdued growth expectations

Sensex drops over 1,000 pts but still ends in green amid West Asia crisis

Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia

What's fueling the rally in IT stocks today? Analyst explains

The Nifty IT index has underperformed the markets in 2026 so far and emerged as top sectoral loser as well. As per data, the index has corrected 26 per cent on Y-T-D basis.

Oracle Financial Services bucks IT rout in CY26; rises 16% while peers fall

Analysts believe OFSS's outperformance is underpinned by relatively sustainable revenue growth, sharp margin expansion, operating leverage, and AI-driven productivity gains

Nifty IT tumbles 3.7% to near 3-year low amid AI disruption concerns

Indian IT stocks fell sharply after OpenAI's acquisition of consulting firm Tomoro intensified concerns over AI-led disruption to traditional IT services models

Sensex extends losses, falls 1560pts intraday; Nifty below 23,350: Reasons

The Sensex touched an intraday low of 74,449.50, down more than 1,566 points, or 2 per cent. Similarly, the Nifty 50 index lost 467 points, or 1.96, to make a low of 23,348.40.

Nifty IT index slumps 3% as OpenAI announces launch of Deployment Company

Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50

Markets rally: Sensex rises 1,095pts intraday, Nifty at 24,334; key reasons

Analysts attribute the rally to better-than-expected quarterly earnings and supportive high-frequency data, which have strengthened expectations of a strong Q4 performance

Infosys, HCL Tech fall below March lows; tech charts flag warning sign

Anand James, chief market strategist at Geojit Investments highlights that Infosys and HCL Technologies look weak on charts as both were trading below March lows and the lower-end of Bollinger Bands.

Nifty IT dives 4% amid sharp sell-off; Infosys, LTM, Coforge worst-hit

LTIMindtree was the top loser, down nearly 6 per cent, followed by Coforge, Infosys, and Mphasis, falling over 5 per cent each

Benchmarks retreat amid sharp IT selloff as oil surge hits sentiment

Benchmark indices fell as IT stocks slumped and crude oil prices surged, with geopolitical tensions and profit-booking weighing on investor sentiment

HCLTech shares tank 9% after Q4 miss; FY27 guidance disappoints Street

HCLTech guided for revenue growth of 1-4 per cent in CC at the company level, and 1.5-4.5 per cent for its services business - the lowest in at least six years