Tech Stocks

Global shares dip as tech stocks fall after weak session on Wall Street

Global shares were mostly lower Wednesday on selling of technology shares following a lackluster day on Wall Street. France's CAC 40 fell 0.5% in early trading to 8,213.90. The German DAX dipped 0.3% to 24,251.58. Britain's FTSE 100 climbed 0.6% to 9,487.52. The futures for the S&P 500 and the Dow Jones Industrial Average were little changed. On Tuesday, the S&P 500 was nearly flat and the Dow gained 0.5%. The Nasdaq composite index lost 0.2%. In Asian trading, Chinese markets retreated after US President Donald Trump cast doubt on whether or not he will meet with Chinese leader Xi Jinping later this month. Maybe it won't happen, maybe it won't happen, he said while hosting a lunch for Republican Party senators at the White House. However, Trump also said he was expecting to do well in negotiations with China. I'm going to see President Xi in two weeks... We're going to meet in South Korea, he said. We're going to talk about a lot of things they want to discuss. Trump is ...

Indegene rises 3% as ICICI Securities initiates with 'Add'; 14% upside eyed

Indegene stock rose around 3.5 per cent to hit an intraday high of ₹568.2 on the NSE as ICICI Securities has initiated coverage with 'Add' rating

KPIT Tech shares fall 3% as Q1 profit drops; here's what the brokerages say

KPIT Technologies on Wednesday reported a net profit of ₹171.9 crore for the quarter that ended on June 30, 2025

US tariffs not priced in yet; Nifty may hit 26,000 by March 2026: Emkay

Emkay analysts believe a possible US recession from tariffs could reduce Nifty's FY26 earnings by 3 per cent, potentially derating the index to 21,500 in the near-term.

Stocks plunge as Trump imposes reciprocal tariffs, shaking global markets

The high-flying tech sector was pummelled as manufacturing hubs in China and Taiwan faced new tariffs above 30 per cent, bringing the total new levy to an eye-watering 54 per cent on imports

Markets rise for second consecutive day amidst gains in tech stocks

The benchmark Nifty 50 index closed at 23,163, up 206 points, or 0.9 per cent, extending its two-day gain to 1.51 per cent

New client additions to turbocharge growth for Dixon Technologies

Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years

Why Sensex fell over 700 pts, Nifty slipped below 25,200 intraday today

On the BSE Sensex, index heavyweights like Infosys, TCS and ICICI Bank among others fell by 1 per cent each. Meanwhile, Coal India, ONGC, LTIMindtree, Mahindra and Mahindra and Wipro led losses on NSE

Foxconn's quarterly profit surpasses expectations, jumps 6% on AI boom

Foxconn said it would start product delivery for AI semiconductor leader Nvidia's GB200 chip in the fourth quarter in small volumes, which would rise further in early 2025

Microsoft's Azure posts slowdown in growth, testing investors' patience

The company's Xbox video-gaming unit posted 61 per cent growth in content and services revenue, much of that fueled by the $69 billion purchase of Activision Blizzard, which was completed in October

Tech stock rally drives mkts to fresh highs; Nifty a whisker away from 25K

The Sensex closed at 81,343, with a gain of 627 points, or 0.8 per cent. From the intra-day lows, the index climbed nearly 1,000 points

Market Highlights, July 18: IT stocks drive benchmarks to record; Sensex tops 81k, Nifty at 24,800

Stock Market LIVE updates, today, July 18, 2024: Among sectors, the Nifty IT was up 0.4 per cent, the Nifty Bank, and FMCG were up 0.3 per cent, and the Nifty Financial Services up 0.2 per cent

Bet on IT funds to gain from digitisation, generative AI adoption

Limit allocation to 10% of equity portfolio and enter with a five to seven-year horizon

Benchmarks slip, broader indices rally; PSB, FMCG, IT stocks weigh

Stock market highlights on February 23, 2024: Asian Paints, Maruti Suzuki, HCL Tech, NTPC, SBI, TCS, JSW Steel, IndusInd Bank, Bharti Airtel, ITC, Axis Bank, and TCS were the top laggards

Rally in tech stocks in India faces earnings test as growth worries linger

While the rally was initially driven by a global rebound in tech stocks, the Federal Reserve's dovish pivot at the December policy meeting turbocharged the run

An extremely narrow advance

The global rally lacks breadth, with only a few tech stocks driving the surge. In contrast, India's market stands out as an exception

Street signs: Nifty Next 50 rebalance, home-grown tech stocks, and more

Banking stocks witnessed intense selling pressure in the latter part of last week

Tech darling that rose 2,500% in 2021 now among India's worst performers

The beating in the company's shares has wiped away 129 billion rupees ($1.6 billion) in market value

Tech bulls face worst December in 20 years as US Fed anxiety grows

Add to that weak results from chipmaker Micron Technologies Inc., and the session turned into a brutal one for equity bulls, who are again fretting over the risk of a potential recession

Paytm, Nykaa: Will 2022's bloodbath in new-age stocks continue in 2023?

Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022