Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Infosys, TCS, HCL Tech, Coforge Shares In Green As IT Stocks Recover After Accenture Sell-Off
The rally was led by Coforge, with the shares rising 2.85% intraday to Rs 1,505 apiece, followed by Oracle Financial Services Software, with a 2.09% surge at Rs 9,840 per share, while Infosys gained 1.95% trading at Rs 1.071.9.
Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?
IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.
Buy, Sell Or Hold: Coforge, Samvardhana, Tata Power, Marksans Pharma, PNB — Ask Profit
Buy Sell Hold
A year in, Cyient CEO reshapes leadership to revive growth
CEO Sukamal Banerjee has brought in at least eight senior executives as the family-led IT firm seeks larger deals, better margins and a turnaround after falling behind peers Coforge and Persistent.
Coforge Can Reach $5 Billion Revenue by FY30 With Just One Acquisition, Says CEO Sudhir Singh
According to Singh, maintaining existing growth momentum and completing one acquisition worth roughly $500 million would be sufficient to achieve the FY30 target.
NIFTY50 holds 24,000 mark, SENSEX up 112 pts in noon deals; IDBI Bank, Coforge, BSE among buzzing stocks - Upstox
NIFTY50 holds 24,000 mark, SENSEX up 112 pts in noon deals; IDBI Bank, Coforge, BSE among buzzing stocksUpstox
Coforge shares fall 3% from highs even as analysts back $5 billion revenue target by FY30
Coforge believes AI will be a net tailwind for its business as it has set the estimated revenue target for the financial year 2030 as $5 billion, inclusive of a large merger and acquisition.
Coforge Shares May Rally 30% Says Motilal Oswal — Here's Why
Motilal Oswal expects the company to remain a growth leader within its coverage universe over the medium term.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades flat; Coforge in focus
Sensex Today | Stock Market LIVE Updates: The Nifty continues to find hurdles at the 24,000 mark, even as it gained for the third day running, extending its gains from last week's lows past 800 points. In the absence of banks, who took a breather on Tuesday.
Coforge Ltd eases for fifth straight session
Coforge Ltd is quoting at Rs 1395.4, down 0.52% on the day as on 13:19 IST on the NSE. The stock tumbled 21.8% in last one year as compared to a 6.57% slide in NIFTY and a 27.61% fall in the Nifty IT index.
Dipan Mehta picks Coforge, Persistent and Happiest Minds for the AI era
Dipan Mehta, Director at Elixir Equities, said new-age IT firms such as Happiest Minds, Persistent Systems and Coforge are well placed to benefit from the AI-led disruption in technology services. He also favoured diversified NBFCs over banks and highlighted opportunities in mining companies like NMDC and Hindustan Copper. However, he cautioned that elevated crude oil prices and the ongoing Iran conflict could weigh on India's economic growth and market sentiment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Top Gainers & Losers on June 3: TCS, Coforge, PB Fintech, JM Financial, Tata Elxsi, Thermax among top losers today
The Indian stock market fell on June 3, with the Nifty 50 down 0.36% and the Sensex down 0.54%. Rising crude oil prices and escalating Middle East tensions contributed to the decline, impacting investor confidence and market sentiment.