Nifty50 climbed 936.80 points to touch a high of 24,944.80-just 56 points shy of the psychological 25,000 mark during intraday deals on Monday
Infosys, Coforge, Persistent Systems, LTIMindtree and Oracle Financial Services Software from the Nifty IT index have rallied between 7 per cent and 8 per cent.
Tata Tech stock is the worst performer on the NSE Nifty 500 and BSE 500 indices, according to Bloomberg
Among the sectoral indices on Nifty, the IT index settled with gains of 4.34 per cent, with all the 10 constituent stocks posting gains in the range of 2.73 per cent to 7.74 per cent
The gains among the finance sector, analysts said, came from the Reserve Bank of India's (RBI) relaxed liquidity coverage ratio guidelines, which are anticipated to enhance credit growth
HCLTech Q4 preview 2025: The IT major is expected to post a 5.4 per cent decline in net profit for the fourth quarter sequentially to ₹4,341.8 crore
Technical charts suggest that IT major shares - Infosys, TCS and Wipro can potentially bounce back up to 18% from present levels; here are the key levels to watch out for.
The information technology bellwether will report its earnings for the quarter ended March on April 17, Thursday
The Tata Group's IT arm will kickstart the fourth quarter earnings season for India Inc. on Thursday, April 10.
Trump Tariffs: Analysts at Kotak Institutional Equities believe Tata Consultancy Services (TCS), followed by Infosys, HCL Tech, and Coforge have lower downside from current levels
The selloff in the markets, analysts said, was driven by rising global uncertainties, weak cues, and growing recession fears
The Nifty IT index plunged amid recession-related fears due to US imposing 'reciprocal tariffs' on trading partners without showing signs of backing down
The downturn in IT stocks can be attributed to fears around recession and as manufacturing hubs in China and Taiwan face new tariffs above 30 per cent
Stocks to Watch on Apr 3, 2025: As the US imposed ;reciprocal tariffs' IT, Pharma and auto related stocks will be in focus
IT stocks today: On the bourses, the Nifty IT index dropped 2.7 per cent in the intraday trade on the National Stock Exchange (NSE), but trimmed losses to quote 0.17 per cent down at 10:20 AM
IT stocks such as Infosys, TCS, HCL Technologies, LTIMindtree and others have declined up to 37 per cent from the December highs and look oversold on the daily chart; here are the key levels to track.
The Nifty IT index hit its lowest level since June 28, 2024, and has declined 17% thus far in the calendar year 2025, as compared to 5% decline in the Nifty 50.
IT stocks were seen trading in oversold zones at current levels; despite this technical charts suggest that Infosys, TCS, HCL Technologies and Tech Mahindra could slip up to 13% from here on.
US markets ended sharply lower on Monday as fear mounted that the US economy could be careening into a recession. Nasdaq Composite plunged 4 per cent
Shares of IT companies were under pressure on Tuesday as Trump's announcement that tariffs would proceed as planned gave rise to fears of a slowing US economy impacting IT companies' order flows