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Nifty IT sinks 2% to 3-year low; TCS, Infosys, HCL Tech, LTM hit 52-wk lows
As per data, the Nifty IT Index has corrected nearly 42 per cent from its all-time high of 46,089, recorded in December 2024, and is now trading close to its April 2023 lows.
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top LosersEquitymaster
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top LosersEquitymaster
Sensex falls 50 points, Nifty above 24,050; Eternal, Sun Pharma, TechM rise 1%
Indian stock markets traded mixed on Monday, with Sensex dipping slightly and Nifty inching higher amidst rising oil prices due to Iran-US tensions. While some blue-chips gained, broader markets saw a minor decline. Analysts suggest a potential market upturn due to easing FII selling and South Korea's volatility, but a deficient monsoon remains a concern. Upcoming Q1 results are expected to drive stock-specific movements.
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems
Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving averages, with a decisive close above 24,200 crucial for further gains. Several companies like Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments, including US investigations, strategic partnerships, and EV expansion plans.
Sensex jumps 400 points, Nifty rises above 24,100 as oil prices cool below $73 per barrel
Indian stock markets surged on Thursday, with Sensex and Nifty climbing significantly as falling oil prices bolstered investor confidence. Major gainers included IndiGo, M&M, Maruti Suzuki, and TCS, while broader markets also saw positive movement. The real estate and auto sectors led the gains, indicating a robust trading session for the day.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades flat; Tata Motors PV in focus
Sensex Today | Stock Market LIVE Updates: Reclaiming that 23,800 level will be the first target of the bulls before seeking a move back to the 24,000 mark. After ending at the day's low, the Nifty Bank is back at the lower end of the 57,000 - 58,000 range, one that the bulls would want to defend before the truncated week ends.
Sensex rises 291 points, Nifty tops 24,100: 5 key drivers behind the market rally
Sensex rose 291 to 77094, Nifty gained 90 to 24102, led by HDFC Bank, ICICI Bank, Reliance Industries, Infosys, with IT and pharma stocks like Cipla outperforming
Sensex Today Trades Higher | Nifty Above 24,100 | Tech Mahindra & Infosys Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,100 | Tech Mahindra & Infosys Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 24,100 | Tech Mahindra & Infosys Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,100 | Tech Mahindra & Infosys Top GainersEquitymaster
Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?
The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech and other IT stocks. While some experts see valuations turning attractive after the correction, others remain cautious amid AI-led disruption and slowing growth prospects.
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for muted open; Anthem Biosciences in focus
Sensex Today | Stock Market LIVE Updates:Today is the weekly expiry of all BSE contracts. The recent phase for the market has been a good one, with the Nifty having recovered 1,000 points from last week's low of 23,070. A close above 24,000 is also a positive.