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HCLTech, Wipro Ratings Slashed By JPMorgan, Says AI Boom Not Translating Into IT Growth Yet
The brokerage downgraded HCL Technologies, Wipro and Tata Technologies to Underweight from Neutral, while cutting their target prices. JPMorgan lowered its target on HCL Tech to Rs 1,000 from Rs 1,370, cut Wipro's target to Rs 160 from Rs 200 and reduced Tata Technologies' target to Rs 540 from Rs 560.
Tata Sierra EV teaser released: Check launch date, battery options, interior design and other key features
Tata Motors is building anticipation for its upcoming Sierra EV, set to launch in India on June 30. A recent teaser showcases the electric SUV conquering challenging sand dunes, hinting at impressive off-road prowess. The production-spec model reveals distinct EV design elements, a premium interior with advanced tech, and a potential Quad Wheel Drive system, positioning it as a versatile and capable vehicle.
Chinese EV makers are shut out of India - but their tech isn't
Despite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motors and JSW Motor are partnering with Chinese firm Chery, utilizing their platforms for EV production. This strategy allows Indian companies to accelerate EV launches while Chinese firms tap into India's growing automotive sector, navigating complex geopolitical sensitivities.
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top GainersEquitymaster
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.
Tech Mahindra a Bottom-Up Turnaround Story, Says Motilal Oswal; Maintains 'Buy' — Check Target Price
Tech Mahindra is a compelling turnaround play in the IT services space, supported by improving fundamentals, strategic execution and sector recovery tailwinds, adds the brokerage.
Stocks to Watch today: IRFC, Yes Bank, Ola, NLC India, Bajaj Auto, Infosys
Stocks to Watch today: IRFC, Yes Bank, Ola Electric, Bajaj Auto, Infosys, Tech Mahindra, City Union Bank, Rajesh Exports, PFC, Honasa Consumer are among other stocks that will be in focus today.
Tech Mahindra Share Price Live Updates: Tech Mahindra shows steady performance
Auto tech supplier shares to trade adjusted for 5:1 bonus today - All you need to know
For those shareholders who had shares of ZF Commercial in their demat account as of Monday's closing, will be eligible to avail the bonus shares. In case you buy the shares today, there will be no bonus shares issued to you.
Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%
In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.