Page 5 - Nifty It

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.

Why brokerages are bullish on IT stocks going ahead? Check details here

"Indian IT services growth would continue to outpace the global market and other key geographies materially," said Prabhudas Lilladher

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.

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 soars 2% amid positive US job data, rebound in global markets

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

Nifty IT, Auto eye breakout from range bound pattern; trading strategy here

The Nifty IT Index is oscillating between 38,800 and 38,000. This consolidation indicates that the index is at a pivotal juncture, where a breakout or breakdown will determine its near-term direction

Infosys shares fall in trade on Friday amid GST notice row; check details

On the bourses, Infosys's stock witnessed a decline, falling 1.32% to an intraday low of Rs 1,828.10 per share on the NSE. In comparison, the Nifty IT index dropped 1.64% to a low of 40,038.25 levels.

Nifty Pvt Banks & IT: Check key breakout levels, trading strategies here

The Nifty Pvt Banks Index is currently trading within a defined range of 25,900 to 25,400. A close above or below this range would act as a trigger for a directional move.

3 reasons why the Sensex surged nearly 1,300 points on Friday, July 26

For context, the record highs for Sensex and Nifty50 are 81,587.76 and 24,854.80 levels, respectively.

Cyient to set-up subsidiary for semiconductor business; stock rallies 7%

The uptick in stock price came after the company announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary

Should investors book profits in Nifty IT, Auto? Check key levels here

The Nifty IT Index is poised for a correction in the near term, as technical indicators signal an overbought condition

Sell Nifty IT on the rise; resistance at 38,350, check other details here

The Nifty IT Index is currently trading at 37,314.35. In the near term, the index appears to be range-bound, with the defined range between 37,525 and 37,050

Time to buy Nifty IT on dips and sell Pvt Bank on rise? What charts reveal

The Nifty Private Banks Index is currently positioned to attract profit booking on any rise, making a sell-on-rise strategy the most suitable approach for traders

Nifty IT rangebound, Auto in overbought zone; target, support levels here

The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term

Is it a good time to book profits in Nifty Pvt Bank, IT? What charts say

IT Index is trading at 33,880.85 and is currently exhibiting a range-bound pattern on the charts. The defined range for this index lies between 34,300 and 32,700

Is it time to sell auto stocks and buy IT counters? What charts say

The Nifty IT Index is currently priced at 33,613.05, indicating a bullish trend in the near term. Given this upward momentum, the best trading strategy for traders would be to buy the index either at

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

Nifty Auto signals downward trend on charts: Check key levels here

The Nifty Auto Index, currently priced at 22,458.65, is exhibiting a downward trend in the near term as per the charts

Nifty IT, Nifty Auto signal downtrend on charts: Here's how to trade

The Nifty Auto Index, currently trading at 21146.20, is showing signs of short-term underperformance, as indicated by its overbought condition and negative divergence on technical indicators

Nifty IT weak on charts, Nifty Private Bank rangebound: Check key levels

If the index falls below the lower boundary of 23025, the next support levels on charts are expected at 22650 and 22250