Page 5 - Latest Updates on What next for stocks of IT firms

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

HCL Tech, Avanti Feeds, Gokex: 5 stocks to buy if India, US ink trade deal

In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.

Coforge gains 6% as analysts turn bullish after Q2, see up to 36% upside

On the bourses, Coforge share price zoomed up to 5.98 per cent to hit an intraday high of ₹1,866 per share post Q2 results.

Sensex rises 860 points, Nifty above 26,000: Why are markets rising today?

The US could substantially slash tariffs on Indian exports as the two countries near a trade deal that could see New Delhi cutting oil purchases from Russia, according to reports

HCL Tech shares gain 3% on partnership with UAE-based DIB; IT stocks rally

HCL Tech shares gained 3 per cent after it partnered with UAE-based DIB to accelerate AI adoption across its ecosystem

LTIMindtree Q2 revenue, margins beat estimates; Analysts turn bullish

On the bourses, LTIMindtree share rose as much as 2.32 per cent to hit an intraday high of 5750.60 per share.

HCL Tech vs TechM vs Persistent: Which IT stock to bet on post Q2 results?

Technically, Persistent Systems seems to be favourably placed among these 3 IT peers, with the stock now seen quoting above its 200-DMA for the first time in nearly three months.

TCS shares drop as Q2 profit misses street estimates; should you sell?

Analysts said TCS delivered a strong performance in Q2 despite prevailing challenges, with the India business continuing to show robust growth

TCS stock looks technically weak, stares at 13% downside risk; key levels

The longer-term chart suggests that the overall trend for TCS is likely to remain subdued as long as the stock trades below ₹3,450 levels; on the downside it can crack up to ₹2,655 levels.