Page 8 - Nifty It
Nifty IT index hits record high; Infosys, HCL Tech, Coforge gain 2%
Digital acceleration, large deal wins, client mining, market share gains and margin improvement remain key long term drivers for IT sector, according to analysts
 "Nifty IT index hits record high; Infosys, HCL Tech, Coforge gain 2%")
Joe Biden win, global cues: Factors behind market hitting new high today
The broader market, too, gained in the trade though it underperformed the frontline indices.
 "Joe Biden win, global cues: Factors behind market hitting new high today")
Chart Check: IT stocks decline post Q2 nos. Do they still hold promise?
Most IT stocks have seen sharp correction post Q2 results. However, the medium-term outlook stays bullish as per their respective technical charts.
 "Chart Check: IT stocks decline post Q2 nos. Do they still hold promise?")
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
 "IT stocks: Double-digit growth required to justify high valuation multiples")
Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%
Thus far in the month of July, the Nifty IT index has outperformed the market by surging 19 per cent as against Nifty 50 index which was up 8.25 per cent during the same period
 "Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%")
Will the markets be able to hold on to gains? Here's what charts suggest
The rally was mostly due to positive global cues that saw the US markets close firm on Monday on hope of an economic recovery after a successful early-stage trial of a coronavirus vaccine
 "Will the markets be able to hold on to gains? Here's what charts suggest")
Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
 "Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745")
As Q2FY20 results season gets underway, here's how to play the markets
Gains from the corporate tax cut last month, they believe, are likely to be offset by lower sales volume and revenue contraction in key sectors such as automobiles, energy, metals, and mining.
 "As Q2FY20 results season gets underway, here's how to play the markets")
What does tech chart indicate for TCS and Infosys ahead of Q3 nos?
Currently, the 100-DMA is witnessing resistance as the price could not procure follow-up buying.
 "What does tech chart indicate for TCS and Infosys ahead of Q3 nos?")
Nifty IT index recovers from 52-week low; TCS, HCL Tech, Wipro up over 1%
Nifty IT index was up 1.1% as compared to 1.5% decline in the benchmark Nifty50 index at 01:33 pm.
 "Nifty IT index recovers from 52-week low; TCS, HCL Tech, Wipro up over 1%")