Page 14 - Nifty It Stocks

TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks

In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)

IT stocks rally ahead of US election outcome; Infosys, Wipro advance 4%

Biden has indicated raising corporate taxes and capital gains tax if voted to power.

Time to invest in cyclicals as economic recovery gathers steam: Analysts

Despite the large economic impact of the Covid-19 pandemic, the markets have recovered sharply even though the performance among individual stocks has been quite polarised

HCL Tech hits fresh record high ahead of Q2 results; soars 23% in one month

The company expects the revenue and the operating margin for Q2FY21 to be meaningfully better than the top end of the guidance it had provided in July 2020

TCS m-cap at Rs 10 trn, Wipro at 20-yr high; analysts see more gains ahead

At the bourses, the Nifty IT index hit a record high of 20,748 in intra-day trade on Monday, up 2.8 per cent at 20,677. In comparison, the Nifty50 index gained 1.2 per cent on the NSE

IT stocks: Double-digit growth required to justify high valuation multiples

Over the last 3 months, the Nifty IT index has gained a whopping 35 per cent, almost 6 times the rise in the Nifty50

Hexaware Tech, Wipro: Are IT stocks a safe bet in the current market?

On a year-to-date (YTD) basis, the Nifty IT index has outperformed the market by surging nearly 18 per cent (as of Tuesday's close) as compared to a 7 per cent fall in the benchmark Nifty50

IT stocks rally; Mindtree, Wipro advance nearly 3%, Tech Mahindra up 2%

Infosys was up 0.7 per cent and HCL Technologies was up 0.5 per cent.

Infosys, TCS: How to trade IT stocks after Trump's order on H-1B visa use

The overall trend on the Nifty IT index looks optimistic as the 50-day moving average (DMA) formed a positive crossover with 200-DMA, resulting in the Golden Cross.

Are the markets entering a consolidation phase? Here's what charts suggest

Markets started the first trading day of August 2020 lower, with the S&B BSE Sensex slipping over 400 points in intra-day deals

Infosys, Wipro, TCS: Charts suggest more upside potential for IT stocks

For Nifty IT, the immediate support comes in at 16,400 levels on a closing basis and the rally should move towards 17,500 and 17,700 levels.

Nifty IT index jumps 4%; Infosys gains 3% ahead of June quarter results

In its result announcement on Tuesday, Wipro said some of its verticals have started witnessing green shoots.

Market Wrap, June 26: Here's all that happened in the markets today

On a weekly basis, Sensex gained 1.26 per cent while Nifty added 1.35 per cent

Infosys, Wipro, TCS: Should you sell IT stocks as Trump blocks H1B visa?

The Nifty IT index now needs to scale above its 200-DMA placed at 14,888 to embark on a new trend

IT stocks slide after Wipro's weak Q4 show; TCS slips 2% ahead of results

Infosys was trading nearly 4 per cent lower at Rs 614.75 while Tech Mahindra was down over 3 per cent

Mindtree, Tech Mahindra: IT stocks that should be on your watchlist

Mindtree will see an upside bias once it breaks out above Rs 920 levels

IT shares under pressure on Covid-19 outbreak; TCS, Wipro hit 52-week lows

Infosys, Tech Mahindra and HCL Technologies were down in the range of 5 to 6 per cent in early morning trade today.

Nifty IT index tumbles over 5%; Tech Mahindra, NIIT Tech among top losers

In the past one week, shares of most IT companies have slipped amid rapid spread of coronavirus. Tata Elxsi, Mindtree, HCL Technologies, and Wipro have plunged in the range of 6-8 per cent.

IT stocks slip; TCS, Wipro fall over 1% as rupee hits one-month high

For the recently-concluded September quarter, large-cap IT services firms delivered a mixed performance.

Enter mid-caps segment with a longer-term horizon, invest through MF route

The investor should also be able to evaluate the quality of the promoter-his background, competence level, and even his hunger to make it big