Page 9 - Nifty It Stocks

Nifty IT shows bearish signals with room for more corrections; details

The Nifty IT Index has shown signs of weakness, recently experiencing a breakdown on the charts.

Stocks To Watch: IT stocks, Axis Bank, Bharat Forge, Zomato, CEAT, Tata cos

Stock Market Today: Infosys has raised its sales forecast for FY25 to 3.75-4.5 per cent, reflecting a revival in demand, particularly in banking and financial services.

Wipro Q2FY25 preview: Revenue may fall up to 3% YoY; margin, guidance eyed

Overall, the sentiment remains cautiously optimistic for Wipro ahead of results, with key focus areas including large-deal pipelines and consulting growth.

TCS, Infy, HCL Tech: Should you buy or sell IT stocks ahead of Q2 results?

Technical charts suggest that heavyweights TCS and Infosys seem to be favourably placed, while Wipro could face some downward pressure. Check key levels here.

IT stocks sparkle: Nifty IT Index gains 1.7% ahead of Q2 results

Among the constituent of the Nifty IT index, L&T Technology Services shares surged 2.76 per cent intra-day on Friday, Infosys shares gained 2.17 per cent, and Coforge stock climbed 2.47 per cent

Accenture results: Worst behind for India IT; buy selectively, say analysts

Accenture share price: While a strong recovery in discretionary demand may take a few quarters, it is unlikely to worsen further, analysts said after Q4 results

Stocks To Watch: HDFC, IT stocks, Torrent Pharma, Ola Electric, Adani Green

Stocks to watch today: With Accenture raising its revenue guidance for FY25 to 3-6 per cent, exceeding its previous guidance, IT stocks in India would be in focus today.

Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks

A combined 2.42 million equity shares, representing 1.73 per cent of the total equity of the company, had changed hands on the NSE and BSE till 11:21 AM.

Nifty IT shows bearish trend, Nifty Auto overbought; trading strategy here

The Nifty Auto Index appears overbought on the near-term charts, indicating a potential pullback in the coming sessions, likely after the monthly expiry.

Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

The surge in IT stocks was fuelled by the US Federal Reserve's decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.

Information technology stocks suffer biggest one-day fall in six weeks

Fed rate cuts, Accenture promotion delay sour mood

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts

Traders should closely monitor this level, as any breach could lead to further downside, and the market might see a sell-off in auto stocks.

IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'

The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.

Nifty IT index shows bullish trend on charts; check trading strategy here

In near term, the Nifty IT Index is expected to trade within a broader range of 42,800 to 41,600. A close above or below this range would likely trigger a decisive move in the respective direction.

IT stocks: LTIM, Wipro, LTTS, Mphasis soared up to 8% today; here's why

Among individual information technology stocks, LTIMindtree led the charts, soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE

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.

Nifty IT up after Fed signals rate cut; HSBC cautions on midcap IT stocks

Nifty IT up 1.77 per cent intraday after US Fed signals rate cut in September. HSBC believes mid-tier IT is not so strong.

This is why Sensex scaled over 700 pts intraday, BSE SmallCap hit new high

The broader markets also showed strength with the BSE MidCap index rising 0.66 per cent at 48,627 levels, while the BSE SmallCap index scaled a new record high at 56,066, jumping 385 points

Hinduja Global up 4% as Singapore-based Legends Global buys 1.5% stake

Legends Global Opportunities (Singapore) bought a 1.52 per cent stake in the company, while New Leaina Investments sold 0.78 per cent shares.

Cyient stock rallies up to 4% on incorporating wholly owned subsidiary

The rise in the Cyient share price came after the company announced that it has incorporated Cyient Semiconductors Private Limited as a wholly owned subsidiary of the company.