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YOU WONT BELIEVE: 3 - You Need To See This

TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's why

Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up…

The Economic Times

Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi

Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase…

The Economic Times

Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Infosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from software to AI infrastructure. The warning heightened concerns over discretionary technology budgets, deal delays and growth prospects for Indian IT companies.

The Economic Times

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TCS, HCL Tech, Infosys, other IT stocks rally up to 6%, Nifty IT surges 4%. Here's why

IT stocks led by TCS, HCL Technologies and Infosys rallied sharply on Monday, lifting the Nifty IT index nearly 4% despite weakness in the broader market. The sectoral index climbed to a more-than one-month high and has gained around 6% over the past two sessions.

The Economic Times

F&O Talk: Mid, smallcaps to continue outperformance as Q1 begins, says Sudeep Shah; outlines Kalyan Jewellers, TCS strategy

Indian stock markets saw significant gains on Friday, with Sensex and Nifty rising over one percent. Strong earnings from TCS and positive global sentiment boosted investor confidence. The Nifty IT index showed a sharp rally after TCS's earnings announcement. Broader market indices like Nifty Midcap and Smallcap outperformed frontline indices.…

The Economic Times

TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?

IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brokerages turned optimistic, citing resilient margins, improving demand outlook, attractive valuations and growing AI-led opportunities, despite lingering concerns over discretionary spending and macroeconomic uncertainty.

The Economic Times

120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be next

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech…

The Economic Times

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TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying

India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology…

The Economic Times

TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?

TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing pressure weigh on performance. Investors will closely track management commentary on demand recovery, BFSI growth, deal wins, margins and AI strategy following the stock’s sharp correction this year.

The Economic Times

TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloff

Indian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a rough ride in recent months because investors worry that AI could hurt billing growth, reduce manpower-linked revenue and force companies to pass productivity benefits to clients. With…

The Economic Times

IT stocks are beginning to offer bank FD-like dividend yields. But is that a trap for investors?

Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen because stock prices have significantly declined from their peaks. Companies possess substantial liquidity and are actively using buybacks and dividends for support. However, sector headwinds from AI and geopolitics create uncertainty for future growth.…

The Economic Times

The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?

India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future guidance, citing client spending slowdowns, pricing pressures, and the disruptive impact of AI. Investors are keenly watching if current valuations…

The Economic Times

Sensex jumps over 300 points, Nifty above 24,300 to extend gains for the 4th day on monsoon revival and FII buying

Indian stock markets surged on Monday, with Sensex and Nifty extending gains for a fourth straight session. Heavy rainfall revived monsoon hopes, while foreign investors turned net buyers, boosting investor confidence. Infosys led the gains, though some stocks like IndiGo saw declines. The market anticipates Q1 results, with financials and…

The Economic Times

FII stake in India's 10 biggest stocks hits 20-year low. Time to go against the crowd?

Foreign investors are holding their lowest stake in India's top 10 companies in two decades, coinciding with valuations dipping below long-term averages. This presents a potential contrarian opportunity for long-term investors, as these high-quality stocks now appear undervalued. Experts suggest this under-ownership could reverse, leading to outperformance by large-caps, especially…

The Economic Times

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The Economic Times

Reliance market value now equals India's top five IT companies combined

A sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Industries at around ₹18 lakh crore. AI disruption fears, weak technology spending and macro uncertainty continue to pressure the sector.

The Economic Times

Sensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains

Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.3% each. This rally was fueled by easing Middle East tensions, reduced expectations of US Federal Reserve rate hikes, and a stronger rupee. IT stocks led the gains, while broader markets lagged. Positive global cues and tapering FII…

The Economic Times

HCL Tech announces $1.14 billion AI partnership with European firm

Sources familiar with the matter told ET that the client is Mercedes-Benz, with HCLTech beating out Infosys, which was the incumbent vendor for the account. This comes as enterprises increasingly consolidate vendors, with tech spending budgets tightening amid tough macroeconomic and geopolitical conditions.

The Economic Times

IT selling nearing an end; banks and FMCG remain top bets: Neeraj Dewan

Broader markets show resilience despite IT sector weakness, with expert Neeraj Dewan suggesting investor confidence hinges on stronger company outlooks. While IT valuations are becoming attractive, caution is advised for long-term investors. Traders might see a bounce. Lower crude prices boost banking and financials, while commercial vehicles are favored over…

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The Economic Times

Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?

IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump, while Infosys, Mphasis, HCL Tech and Persistent Systems rose around 4%. The recovery lifted sentiment after the sector…

The Economic Times

Sensex jumps 580 points, Nifty closes above 24,150 as IT stocks outperform; oil prices near $70/barrel

Indian equity benchmarks rallied over 0.7% as easing crude oil prices, lower market volatility, and gains in IT stocks lifted sentiment. Analysts expect the market to remain supported by global macro developments, the India–Japan Summit, US jobs data and the upcoming corporate earnings season.

The Economic Times

Nomura expects IT firms to see 'anaemic' growth in FY27. Here are latest target prices for Infosys, TCS, and others

Nomura expects subdued near-term growth for Indian IT companies as macro uncertainty and weak tech spending weigh on demand ahead of Q1 earnings. However, it sees long-term opportunities emerging from AI-driven changes, with IT firms potentially expanding their addressable market as enterprises increasingly rely on system integrators in hybrid human–digital…

The Economic Times

Rs 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?

India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 19.28 lakh crore. This brutal correction is fueled by macroeconomic stress in North America and the disruptive potential of generative AI. Analysts warn of further de-rating…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 points and Nifty fell over 80, while analysts expect recovery if the index holds above the crucial 23,800 support level.

The Economic Times

Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?

The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal Reserve's interest rate trajectory weighed on sentiment. Infosys, TCS, Wipro and other IT stocks declined up to 3%, with investors awaiting the sector's Q1 earnings…

The Economic Times

Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by Mayfield

Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed funding led by Mayfield. The Palo Alto-based company aims to help large corporations translate AI investments into tangible business results.

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