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

Infosys, TCS, HCL Tech, 2 others: How to trade IT stocks post Q3 results?

Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.

TCS Q3 delivers steady show, brokerages split on growth outlook

TCS Q3 results impact: The common thread across analysts is that while Q3 execution remains strong and margins resilient, clear visibility on broad-based demand acceleration is still missing.

Nifty IT gears up for Q3; Tata Elxsi, LTTS may gain up to 30%: Analysts

The Nifty IT index needs to breakout above 38,500 resistance, for a likely 13 per cent rally, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.

IT cos eye CY26 rebound as AI demand outweighs Q3 weakness: Motilal Oswal

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Indian IT faces near-term headwinds; Antique picks top three stocks

Antique expects near-term moderation in technology spending in the US, given subdued consumer confidence and cautious end-demand trends

Nifty IT sees 'Golden Cross', up 15% in 3 months; will recovery continue?

Analysts believe that valuation comfort coupled anticipated revival in earnings and possible reversal of AI trade offer a better risk-reward scenario for Indian IT firms.

Motilal Oswal sees FY26 earnings pick-up; financials, autos lead equities

The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.

FPIs pull back most from finance, IT stocks in first fortnight of Dec

FPIs pulled out ₹17,823 crore from Indian equities in early December, with heavy selling in financials and IT, while oil & gas and metals saw selective buying

Accenture Q1 results signal steady outlook for Indian IT amid muted demand

Nomura said it prefers Infosys and Cognizant among large-cap IT services firms, Coforge in mid-caps and eClerx in small-caps.

Brokerages back TCS as it doubles down on AI-led transformation

At the core of TCS's vision is a five-pillar framework designed to reorient the company from a digital-first services model to AI-centric enterprise transformation.

AI to power next leg of IT growth, says Motilal Oswal; check top bets

Its top ideas to play the next AI wave are HCLTech and Tech Mahindra in largecaps and Hexaware and Coforge in the midcap space

Analysts see up to 54% upside in Coforge; Nomura calls it top midcap IT bet

Nomura, which termed Coforge its "top pick in the mid-cap India IT services sector," said the company is banking on a solution-led sales strategy to maintain its growth trajectory.

Nifty IT index up 1% in trade as rupee hits 90-mark against US dollar

Tech companies are, typically, at an advantage when the Indian Rupee depreciates against the Dollar

India IT sector nearing FY27 revival; AI ramp-up to be key, says Nomura

Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.

Margin expansion likely to drive earnings upgrades for Tech Mahindra

Antique Stock Broking has maintained a hold rating, given that a sustained improvement in large-deal wins is key to delivering FY27 growth acceleration

Nifty IT index jumps 2%; what's driving IT stocks higher today? Find here

Analysts attributed the up move to a pullback rally after sharp declines in past sessions. The index is currently 22.72% below its 52-week high of 46,088.90 and is down about 14.8% so far this year.

Sensex reclaims 85K: India indices near peak as global AI rally fades

Technology stocks led a sharp rally as the Sensex crossed 85,000 for the first time in nearly 14 months. Both benchmark indices are now less than a per cent away from fresh lifetime peaks

Infosys, TCS, HCL Tech: Nifty IT up 8% since Oct; time to buy or sell?

Technical charts suggest that the IT index may gain another 5%, with heavyweights Infosys, TCS and HCL Technologies possibly rallying up to 17%. Wipro and Tech Mahindra, however, may see tepid trends.

MFs split on IT revival as outlook improves but uncertainties remain

Split wide open as sector exposure swings from defensive 5% to bold 18%

Nifty IT stocks extend surge, gain 5% in 3 days; Should you buy this rally?

Nuvama noted that IT services companies outperformed expectations in Q2, supported by stronger growth, margin expansion, and healthy deal wins