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Nifty IT Snaps Two-Day Winning Run; TCS, Infosys, Wipro Decline Despite Q1 Earnings Optimism
The IT index ended a two-day rally as TCS, Infosys and Wipro declined despite improving earnings expectations.
Indian IT Set For Gap-Up Start? US Software Stocks Rally For Second Day As AI Fears Fade
Among Indian companies, Wipro's American Depositary Receipts (ADRs) rose more than 4% during the US session.
Buy, Sell Or Hold: L&T, Wipro, RIL, Vikram Solar, Zee Ent, Hindustan Copper — Ask Profit
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TCS, Infosys: 8 out of 9 Nifty IT stocks trade up to 26% below 200-DMA
The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.
IT stocks stage a sharp rebound but ICICI Securities downgrades seven of them
ICICI Securities has downgraded TCS, HCLTech, Wipro, Tech Mahindra, LTM, Hexaware Tech and LatentView Analytics and also cut its price target on these stocks in its note.
Wipro share price climbs 1% following a 17% drop in ADRs overnight amid growing AI concerns. Do you own?
Wipro ADRs fell over 16.89% to $1.870 apiece on the NYSE even as ADRs of Infosys rose 1.53% to $10.65, while technology peers Cognizant and Accenture gained 6.04% and 5.38%, respectively.
Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?
Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and AI's impact on IT services. The company, already down substantially from its peak, faces headwinds from North American market slowdowns and the disruptive potential of generative AI. Accenture's tempered forecast and US monetary policy further dampen prospects for the sector.
Wipro Share Price Live Updates: Wipro's 3-Month Performance
Wipro ADRs fall over 13% as AI pricing pressure, weak outlook weigh on sentiment
Wipro ADRs dropped more than 13% amid continued concerns over weak earnings outlook and rising AI-driven pricing pressure in the IT services sector, with a recent JPMorgan downgrade adding to negative sentiment.
Sensex today | Stock Market Live Updates: Sensex flat, Nifty tests 23,900 in choppy trade; Eicher Motors, TCP, Infosys, Wipro, TCS among top losers - BusinessLine
Sensex today | Stock Market Live Updates: Sensex flat, Nifty tests 23,900 in choppy trade; Eicher Motors, TCP, Infosys, Wipro, TCS among top losersBusinessLine
TCS, Wipro & Infosys In Red, Nifty IT Hits Lowest Level Since April 2023 — Why Are IT Stocks Under Pressure?
Nifty IT index was down more than 42% from record highs and 30% since February 2026, while all its constituents remained in red as Tata Consultancy Services, Infosys and HCL ech touched multi-year lows.
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?
The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal Reserve's interest rate trajectory weighed on sentiment. Infosys, TCS, Wipro and other IT stocks declined up to 3%, with investors awaiting the sector's Q1 earnings season.