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GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUs
GIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial services and digital innovation. The Indian financial center also signed MoUs with Tata Communications. These agreements aim to boost GIFT City's appeal for global businesses. Additionally, CEPT University will collaborate on research and urban planning initiatives.
Nifty IT Index Rebounds With 2% Gain As TCS, Infosys, HCL Tech Lead The Charge On Q1 Earnings Optimism
The heavyweight tech stars such as Tata Consultancy Services, Infosys, HCLTech, and Wipro traded higher to lift the Nifty IT index by 2.6% after the opening bell.
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,300 | HCL Tech & Tata Steel Top GainersEquitymaster
Tata Technologies shares rise 7% on $100 million Tenneco partnership expansion
Tata Technologies' gains also came amid a broader recovery in tech stocks, with the Nifty IT index gaining nearly 4.5%, emerging as the top sectoral gainer on Thursday after witnessing sharp selling in the previous session.
Sensex jumps over 500 points, Nifty tops 24,150 as oil slips below $70/bbl on US-Iran peace talks
Indian stock markets saw a second day of gains, with Sensex and Nifty inching up as oil prices plummeted to $70 a barrel amid US-Iran peace talks. Tech stocks like Infosys led the charge, while broader markets also traded higher. Analysts point to falling crude, strong auto sales, and tapering FII selling as positive near-term drivers, though monsoon progress remains a watch point.
TCS, Infosys, HCL Tech Lead Mixed IT Trade; Nifty IT Edges Higher As F&O Data Shows Fresh Positioning
The Nifty IT index traded within a range of 27,419.55 to 27,881 during the session before holding modest gains in morning trade.
INR settles lower amid pessimistic global sentiments
The Indian rupee declined 11 paise to close at 94.74 (provisional) against the US dollar on Tuesday weighed down by a firm greenback and weak domestic markets. However, a decline in global crude oil prices cushioned against a sharper decline in the local unit. At the interbank foreign exchange, the rupee opened at 94.73 against the US dollar and traded in a range of 94.63-94.92 before settling at 94.74 (provisional), down 11 paise from its previous close. Indian stock indices Sensex and the Nifty50 ended notably lower on Tuesday, weighed down by weakness in global markets, FII selling and weak Indian PMI data. Global tech stocks fell amid concerns that AI-driven valuations have become overstretched, triggering heavy selling in the Indian tech space.
Infosys, TCS, HCLTech And Other IT Stocks Under Pressure On Weak Global Tech Cues
Back home, IT stocks traded mostly lower, with Infosys emerging as the top laggard, falling 2.22% to a current trading price of Rs 1,041.80. Tata Consultancy Services (TCS) declined 1.39% to Rs 2,098.20, while HCL Technologies slipped 1.24% to Rs 1,116.50.
Top Gainers & Losers on June 12: MTAR Tech, Ashok Leyland, Tata Motors, Anant Raj, UCO Bank, HPCL among top gainers
The Indian stock market surged on June 12, with the Nifty 50 and Sensex gaining 2% and 2.1%, respectively, amid easing tensions in the Middle East. Strong buying across sectors, particularly in auto and real estate stocks, marked the day despite some laggards.
Market Trading Guide: Tata Tech, Nazara Tech among 5 stock recommendations for Wednesday for gains up to 22%
Market sentiment leans bearish short-term (Nifty resistance 23,800). Experts recommend buying five stocks: Angel One, Tata Technologies, Garware Hi Tech Films, Granules India, and Nazara Technologies, citing bullish technical indicators and strong upside potential.​
Top Gainers & Losers on May 19: Triveni Turbine, Tata Tech, Angel One, OLA, Coforge, Vodafone Idea among top gainers
On May 19, the Indian stock market remained range-bound despite positive opening, with the Nifty 50 closing down 0.23%. The broader market outperformed benchmarks, led by Nifty IT's 3.18% gain. Financial stocks struggled, while geopolitical developments around Iran influenced oil prices.