Page 9 - Nifty It Index

IT stocks bleed mirroring Nasdaq plunge; Nifty IT index down 3.4%

However, the latest downgrade by Goldman Sachs has come as a setback for the sector

Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%

The tech-heavy Nasdaq index is down 22 per cent this year

Sensex, Nifty headed towards 100-WMA; more pain ahead for markets?

The 100-WMAs hold the key for the Sensex and Nifty; Only a decisive breakdown of the same could mean medium-term bearishness for the benchmark indices.

Nifty IT index slips 5%; Infosys, Tech Mahindra, LTTS, Wipro down over 5%

The deterioration of the US corporate sector profitability would lead to tighter IT spending

Tier-2 IT firms face sharper downgrades with clients likely to pare spends

Margin pressure and valuation premium point to downside for stocks

Why are investors dumping IT stocks on Dalal Street?

IT stocks have been on a downward spiral in 2022. In comparison, the Nifty50 index has moved up over 2% during this period. What is ailing the sector and why is it out of flavour on Dalal Street?

Beating high expectations critical for further gains in midcap IT stocks

While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms

Q2 results: IT majors poised for gains on Infosys, Wipro guidance

Strong deal wins are likely to keep revenue growth elevated

Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key

Brokerage Sharekhan pegs Wipro's September quarter revenue at Rs 19,444 crore over Rs 15,114.50 crore posted in the corresponding quarter a year ago

FPI flows send IT stocks and valuations soaring this year, shows data

Analysts bullish over near-to-medium term

Midcap IT shares in demand; Happiest Minds, MphasiS rally over 5%

At 11:41 am; the S&P BSE IT index and Nifty IT indices were up 2 per cent each, as compared to 0.14 per cent gain in the benchmark indices the S&P BSE Sensex and Nifty50.

Chart check: Nifty IT index could double in one year. Stay put

The Nifty IT index has managed to conquer the resistance of 27,500 which suggests a further upside towards 28,200 and 28,500 levels

Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos

TCS Q4 Preview: Analysts expect TCS to report a 9 per cent year-on-year (YoY) growth in revenue (in rupee terms) for the March quarter

FMCG's premium valuation over IT sector likely to shrink, say analysts

Strong growth for the tech sector, margin headwinds for FMCG firms to tilt the scale in favour of the former, say analysts

Nifty IT index slips over 4% on profit booking; Infosys, HCL Tech tank 5%

In the month of March, the IT index has outperformed the market by surging 7.7 per cent as against a 1.3 per cent gain in the benchmark index till Wednesday

TCS, Infosys: These IT stocks may help Nifty50 claim new high

An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index

Infosys, Wipro, TCS: How to trade frontline IT stocks in the current market

After the recent correction in Nifty IT, the index is gradually rising

IT shares in focus; TCS, Tata Elxsi scale fresh record highs

Wipro, Mindtree, Mphasis and Coforge from the Nifty IT index were up in the range of 3 per cent to 5 per cent on the NSE

Infosys Q3 preview: Large deals, acquisitions to drive PAT by up to 16% YoY

Analysts say the company may revise its FY21 revenue guidance upwards

IT stocks rally post TCS Q3 results; Nifty IT index scales record high

Infosys, Wipro, MphasiS and HCL Technologies from the Nifty IT index were up between 2 per cent and 3 per cent