Page 5 - Nifty It Index

Kotak Institutional upgrades LTIMindtree, ups target price; stock gains 4%

LTIMindtree stock was buzzing in trade on the bourses. The stock rallied as much as 3.61 per cent to hit an intraday high of Rs 5,957 per share.

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut

On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.

Nifty Auto to underperform, alerts analyst; should you sell on rise?

The anticipated downside targets or support levels for the Nifty Auto Index are 24,300, 23,900, and 23,500

Technology shares in demand; Nifty IT index rises 2%, TCS nears record high

The Nasdaq rose more than 2% on Thursday after July the US retail sales data signalled resilient consumer spending, allaying fears of an imminent recession in the world's largest economy.

Nifty IT faces bearish trend on charts; should you sell? Analyst answers

The Nifty IT Index is currently showing an upward trend on the charts, with the index nearing its weekly resistance levels for this week, which are expected to be between 39,925 and 40,000

Nifty IT soars 2% amid positive US job data, rebound in global markets

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

Sensex, Nifty tumble: How deep can the Indian stock market correction be?

Stock Market Outlook: The Sensex has shed 4.3% from its all-time high in 3 trading days and the Nifty is seen testing support at 24,250. Here's what charts suggest on likely trend ahead.

Infosys shares fall in trade on Friday amid GST notice row; check details

On the bourses, Infosys's stock witnessed a decline, falling 1.32% to an intraday low of Rs 1,828.10 per share on the NSE. In comparison, the Nifty IT index dropped 1.64% to a low of 40,038.25 levels.

Nifty Pvt Banks & IT: Check key breakout levels, trading strategies here

The Nifty Pvt Banks Index is currently trading within a defined range of 25,900 to 25,400. A close above or below this range would act as a trigger for a directional move.

Nifty50, Nifty IT, Nifty Bank, Nifty Auto, Nifty FMCG: Key levels to track

Technical outlook on NSE Nifty sectoral indices: Here's how the key sectoral indices are placed on the technical charts as the NSE Nifty 50 reaches within striking distance of the 25,000 landmark.

Cyient to set-up subsidiary for semiconductor business; stock rallies 7%

The uptick in stock price came after the company announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary

IT stocks gain post TCS decent Q1 results; Mphasis, Sonata rally up to 6%

IT stocks today: TCS, Mphasis, Accelya Solutions India, Sonata Software, and Kellton Tech Solutions rose in the range of 3 per cent to 6 per cent

Should investors book profits in Nifty IT, Auto? Check key levels here

The Nifty IT Index is poised for a correction in the near term, as technical indicators signal an overbought condition

Sell Nifty IT on the rise; resistance at 38,350, check other details here

The Nifty IT Index is currently trading at 37,314.35. In the near term, the index appears to be range-bound, with the defined range between 37,525 and 37,050

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector

Nifty IT index jumps 2%; Tech Mahindra, Persistent trade at 52-week highs

The Nifty IT index has outperformed surging 14% in the last one month owing to the recent portfolio shift after the election outcome, and hope for a better calendar year 2025.

Accenture Q3 results: Demand slowdown in Indian IT bottoming, say analysts

What Accenture results mean for Indian IT: Analysts believe FY25 Street estimates for Indian IT companies have been adequately rationalised, implying little downgrade risk from current levels

Persistent Systems shares jump 5% on Rs 10 dividend announcement

The surge in share price came on the back of a divided announcement, coupled with Accenture's Q3 performance, which met street expectations

How to trade IT stocks amid Nasdaq fall, rupee levels, Accenture results?

Technical charts suggest that Infosys can potentially rally up to 10% from present levels; while TCS and HCL Technologies still look weak.

Bank of Baroda, Yes Bank, GE Power among top stocks to track on June 21

As of 6:39 AM, GIFT Nifty futures showed a slight increase, trading 7 points higher at 23,589.5 from their previous close