Indian IT stocks could be down amid current headwinds, but they are the backbone of the domestic economy, generating millions of jobs, foreign exchange reserves while building a tech ecosystem,…
Multiple corporate actions are lined up this week — including record dates for dividends, rights issues, and bonus shares. Nearly three dozen companies will be involved, including Nifty stocks like…
Accenture shares fell 11% on Friday, hitting the day's low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant's AI-driven services from…
The fourth quarter earnings season is picking up momentum and on Thursday as many as 38 companies will announce their quarterly numbers. Key earnings to watch out include from HUL,…
Mumbai: Information technology (IT) stocks were the biggest gainers in Wednesday's trading, after HCL Technologies' stronger-than-expected earnings outlook prompted traders to cover some of their bearish bets that were initiated…
Information technology stocks tumbled up to 6% on Thursday, dragged lower by Wipro’s disappointing earnings and downbeat revenue outlook for the April-to-June quarter, triggering a broad selloff across the sector.Shares…
Midcap stocks got hammered through February falling by as much as 30% as investors scurried to book profits or cut losses. The low-key sentiments on D-Street were on account of…
Sustained selling pressure from foreign investors, muted second quarter earnings expectations, and elevated valuations acted as headwinds for the market during the week as benchmark indices ended in the red.But,…
Indian IT companies are expected to report a single-digit revenue growth up to 4% in the quarter that ended on September 30, 2024 with the likelihood of positive commentary for…
Tea stocks, including Jay Shree Tea, Warren Tea, Rossell India, and McLeod Russel India, jumped between 6%-16%, with Rossell India scaling to its new 52-week high of Rs 663 on…