Page 6 - Nifty It Index

IT index records sharpest intraday rally in over 4 months; up 9% in 3 days

Infosys, Wipro, Coforge, Persistent Systems, Mphasis and LTIMindtree rallied up to 6% on the NSE

Nifty IT rangebound, FMCG bullish in near term: Here's how to trade

The Nifty FMCG Index is showing a bullish trend on the charts, with the potential for a fresh bullish breakout if it closes above 55,500

Lok Sabha elections outcome: This sector has gained every time since 2004

Unlike other general election years, analysts expect the Nifty IT index to underperform the markets in the near-term amid muted demand environment and client caution around discretionary spends

HCLTech Q4 preview: Here's what brokerages expect from IT major

Key factors, analysts believe, would be deal pipeline, pricing scenario, and outlook on growth, operating margins and products and platforms (P&P) business

These 2 sectoral indices are showing weak bias on charts; check key levels

According to Ravi Nathani, an independent technical analyst, the best trading strategy for Nifty Auto and the Nifty Energy indices seem to be 'sell on rise'.

Nifty IT index likely to rebound, Nifty Auto may weaken; suggest charts

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is quoting close to its support range of 33,400 - 33,300, with key momentum oscillators in oversold zone.

Nifty IT, Auto indices present divergent trading opportunites, show charts

According to Ravi Nathani, an independent technical analyst, one can consider to buy the Nifty IT index on dips, whereas the Auto index can be short closer to the key resistance level.

Sensex can hit 77,000, Nifty 23,500 as bull-run to continue in FY25

The broader indices, the Nifty MidCap and SmallCap need to sustain above 48,000 and 7,100 levels, in order to reverse the recent negative sentiment at the counters, suggests technical charts.

IT shares sink as Accenture cuts guidance; TCS, Infosys and HCLTech fall

FY25 outlook muted for the sector, say analysts

CLSA downgrades TCS, HCLT; Nifty IT sheds 5% from 52-week high in February

The Nifty IT index was the leading sectoral loser in Tuesday's trade, down nearly 2 per cent at its intra-day low of 36,613. With this, the index has shed 5 per cent from its 52-week high of 38,560

Nifty Private Bank, IT: Here's how to trade these two range-bound indices

The Nifty Private Bank Index in seen trading in a range of 23,165 - 23,690, and the IT index in the 37,200 - 38,56 range, says Ravi Nathani, an independent technical analyst.

Nifty IT: 37,780 is the make or break level; Bias for Auto turns negative

According to Ravi Nathani, an independent technical analyst, breach of 37,780 on the Nifty IT could trigger a fall to 37,400 and 37,125.

Nifty IT, Auto: Key levels to watch out for on these two indices

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is likely to face stiff resistance between 38,000 - 38,125.

Here's how to plan your trades in Nifty IT, Auto indices

According to Ravi Nathani, an independent technical analyst, the Nifty IT index seems range-bound on charts, while auto in a declining trend.

Nifty IT, Auto Indices: Look bullish on charts, await dips to enter

According to Ravi Nathani, an independent technical analyst, the Nifty IT index may face resistance around 38,380 and 39,360; while hurdle for the Auto index is placed at 20,450.

Nifty Auto, IT indices range-bound on charts; Key levels to watch out for

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is seen oscillating between 37,930 and 36,136 trading range.

Nifty IT near 2-year high; up 9% in 2 days post solid Q3 show by majors

The Nifty IT index was trading at its highest level since January 19, 2022. It had hit a record high of 39,446.70 on January 4, 2022.

Nifty IT index trapped in consolidation range; Auto nears major hurdle

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is seen consolidating in the 35,300 - 34,400 trading range.

Nifty, Bank Nifty bounce back: Should you sell the rally? Check key levels

As talks of an impending market correction grow louder, here's a quick chart check on the Nifty 50 and key sectoral indices.

Nifty IT logs biggest two-day gain since July 2020; Sensex soars past 71K

Bellwether stocks Tata Consultancy Services, Infosys, and HCL Technologies each witnessed a 5 per cent jump on Friday, accounting for over half of the market gains