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Nifty IT plunges over 2%; Infosys, LTIMindtree, TCS among top laggards
On June 30, the Nifty IT index dropped over 2% due to global tech weaknesses and demand concerns. Key players like LTIMindtree, Infosys, and TCS led the decline, with analysts highlighting a crucial support level that could define the index's trajectory.
Sensex Today Trades Lower | Nifty Below 23,900 | TCS & HCL Tech Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 23,900 | TCS & HCL Tech Top LosersEquitymaster
Sensex Today Trades Lower | Nifty Below 23,900 | TCS & HCL Tech Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 23,900 | TCS & HCL Tech Top LosersEquitymaster
Top Gainers & Losers on June 29: Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, OLA among top losers
Indian equities continued their decline on June 29, with the Nifty 50 dropping 0.46% and the BSE Sensex falling 0.44% amid renewed Middle East tensions. While pharmaceutical and metal stocks gained, auto and technology shares suffered notable losses, reflecting mixed sectoral performance.
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
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
Indian tech’s Nifty share shrinks to record low on AI worries
India’s IT sector is losing dominance in the Nifty 50 as AI disruption fears trigger sustained selling. Its index weight has dropped to a record low, while the Nifty IT index has sharply underperformed. Reduced index weight is also limiting inflows from passive funds, weakening the sector’s overall market influence.
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
Top Gainers & Losers on June 22: Kirloskar Oil Engines, Delhivery, Gabriel India, Urban Company among top gainers
The Indian stock market closed with gains as US-Iran peace talks progressed, boosting pharmaceutical and technology stocks. The Nifty 50 rose 0.37% to 24,102, while the Sensex closed at 77,044, up 0.31%. Broader markets and various sector indices also recorded positive movements.