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

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

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.

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%

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

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.

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

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

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

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

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

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

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

Xtglobal Infotech hits 20% upper circuit on AI-enbaled project win from US

Xtglobal Infotech share price hit a 20 per cent and rose to ₹33.63 per share on the National Stock Exchange (NSE)

AI fears overdone? Emkay turns 'Overweight' on IT, adds Infosys, HCL Tech

Emkay Global has turned 'Overweight' on Indian IT sector after Nifty IT fell 21 per cent in February 2026. It sees a 3-year return potential of up to 25 per cent with limited downside.

HDFC Sec trims target price on Mphasis, stays cautious amid AI disruption

Analysts noted that AI-led deflationary pressure is becoming visible in Mphasis' contract renewals, with discounts nearly doubling from 10 per cent to approximately 20 per cent

TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%

Individually, HCLTech shares were up 3.57 per cent; Infosys, Tech Mahindra, TCS, and Wipro were trading over 2 per cent higher

Nifty IT headed for worst monthly fall in 23 years on AI-led disruption

The Nifty IT index last closed at 30,054, its lowest level since August 3, 2023

Sensex, Nifty slide over 1% on AI-led disruption and tariff worries

Sensex and Nifty fell sharply on renewed AI-driven IT sell-offs, tariff uncertainty and rising crude prices, with the Nifty IT index down 21% this month - its worst run in 23 years

Sensex down 1,160 pts, Nifty below 25,500 Why are markets falling today?

The total mcap of BSE listed companies dropped by ₹4.73 trillion to ₹4,63,79,242 crore versus the previous session's mcap of ₹46,852,324.31 crore.