Market News
Stay updated with the latest market trends, earnings, and economic indicators.
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 spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Stocks to buy for short term: Infosys among 3 shares Amol Athawale of Kotak Securities recommends for next 1-2 weeks
Market analyst Amol Athawale reveals three stocks, including Infosys and Nykaa, poised for growth over the next 1-2 weeks. Each stock shows signs of a bullish turnaround, despite recent market downturns.
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 reflect the anticipated slower growth cycle.
HCL Tech to Infosys, Tech Mahindra: IT stocks extend gains, Nifty IT up 3% today: Is worst over for the battered sector?
IT stocks gained on July 3, propelled by positive global tech trends and reduced fears of an interest rate hike. The Nifty IT index surged nearly 3%, recovering from recent declines, though it remains the worst-performing sector this year, down 30% in H1CY26.
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 as the sector grapples with these structural changes and cautious global economic outlooks.
Nifty IT plunges over 2%; Infosys, LTIMindtree, TCS among top laggards
On June 30, the Nifty IT index dropped over 2% due to global tech weaknesses and demand concerns. Key players like LTIMindtree, Infosys, and TCS led the decline, with analysts highlighting a crucial support level that could define the index's trajectory.
Sterling Bank selects Infosys Finacle SaaS platform for its transformation program
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank's decision to select Infosys Finacle Software-as-a Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.
TCS, Infosys, 8 other IT stocks plunge up to 38% in 2026. How many do you own?
Indian IT stocks are facing a significant downturn in 2026, with major players like TCS and Infosys experiencing substantial drops of up to 38%. Foreign investors have divested heavily from the sector, pulling billions from Indian equities. LTI Mindtree leads the decline, followed closely by Infosys and TCS, as global capital shifts towards East Asian tech manufacturing hubs. This widespread pressure has impacted even large-cap and mid-tier IT firms.
Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata Motors
Indian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, and Infosys are in focus due to significant developments. Vedanta saw a major promoter stake sale, while Honasa Consumer plans an acquisition. Bajaj Auto reported a ransomware attack, and IRCTC's CMD resigned.
What’s likely to move markets in the next trading session on June 24?
Investors will also track the Indian Railway Finance Corporation's Offer for Sale, while comments from Infosys Chairman Nandan Nilekani on the company's AI engagements with clients remain in focus.
Why is market falling today? Sensex tanks 700 pts, Nifty below 23,900; 5 key triggers behind D-St selloff
Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty seeing substantial losses and wiping out nearly Rs 4.57 lakh crore in investor wealth. This decline was largely influenced by weak global cues, particularly a sharp crash in South Korea's Kospi index and a selloff in technology stocks. Major Indian companies like Infosys and TCS also faced considerable drops, contributing to the market's downward trend.
Infosys, TCS to Wipro - IT stocks fall up to 3% amid global tech stocks selloff - Mint
Infosys, TCS to Wipro - IT stocks fall up to 3% amid global tech stocks selloffMint