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nifty it index

Nifty IT index hits fresh record high; Infosys, LTIMindtree, Tech Mahindra lead the gains

by Tudur Aled
Nifty IT index hits fresh record high; Infosys, LTIMindtree, Tech Mahindra lead the gains

The Nifty IT index reached a record high on Tuesday, climbing over 1.4% to 44,240, with all 10 of its constituents in the positive. As of 10:05 a.m. on Tuesday, …

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Accenture: Accenture revenue guidance lifts sentiment at IT counters

by Tudur Aled
Accenture: Accenture revenue guidance lifts sentiment at IT counters

Mumbai: Information technology shares notched up gains in a weak market on Friday after Accenture raised its revenue guidance for FY25. Early gains, however, fizzled out at close as investors …

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market: Deven Choksey on 2 sectors that may outperform in the market going forward

by Tudur Aled
market: Deven Choksey on 2 sectors that may outperform in the market going forward

“And if the crude oil prices remain low, then in such situation, derivatives of crude oil prices including the energy cost and which is a raw material for metals, I …

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Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

by Tudur Aled
Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

Having outperformed the broader Nifty 50 index in the last one year, the Nifty IT index rallied 8.5% in the last 7 consecutive sessions to reach its new peak at …

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IT stocks: IT on edge: A hawkish Fed could keep sentiment, upsides muted

by Tudur Aled
IT stocks: IT on edge: A hawkish Fed could keep sentiment, upsides muted

Mumbai: Information technology (IT) companies were among the top laggards in Wednesday’s trading as the recent rally in these shares ran out of steam ahead of the US Federal Reserve’s …

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Nifty: Nifty could hit 20,600 on crossing 20,400: Analysts

by Tudur Aled
Nifty: Nifty could hit 20,600 on crossing 20,400: Analysts

The Nifty could touch 20,600 if it manages to breach the 20,400 level. Analysts, however, said upsides would be tougher to come after the recent run-up and crucial support is …

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it stocks crash: Rub-off effect! IT stocks crash up to 10%; Infosys top loser

by Tudur Aled
it stocks crash: Rub-off effect! IT stocks crash up to 10%; Infosys top loser

Infosys led Friday’s bloodbath on Dalal Street as the equity market fell like a pack of cards, breaking a four-session record-breaking spree. Infosys shares plunged nearly 10% to the day’s …

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