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Stocks to Watch for April 9: TCS, Lupin, Bosch, NHPC and more
Bosch leads key India business moves as it buys Bosch Chassis, while Lupin wins USFDA nod and major firms eye growth, investments and Q4 earnings. Here are few stocks to keep an eye on ahead of Thursday's trading session.
Should investors buy TCS, Infosys ahead of Q4 results or AI risk too big to ignore?
Indian IT stocks face pressure ahead of Q4 results, with Nifty IT down nearly 20% this year. Investors weigh a potential buying opportunity against structural concerns like weak global demand and the significant impact of AI. Brokerages remain cautious, expecting subdued growth and mixed margins, with a focus on FY27 guidance.
TCS, Wipro to Infosys: IT stocks today defy market crash ahead of Q4 results season; Nifty IT jumps 6% in 3 days
IT stocks outperformed the broader market on April 6, with Nifty IT rising over 1% for a third straight session ahead of Q4FY26 earnings. TCS, Infosys, Wipro and Coforge gained, while Kotak expects muted Q4 results but stable YoY growth and rupee-led earnings support.
Dharmesh Kant prefers IndusInd Bank, Axis Bank; sees tactical upside in Infosys, TCS
Dharmesh Kant, Head of Research at Chola Securities, says markets offer selective opportunities across sectors. From a long-term perspective, he prefers IndusInd Bank, followed by Axis Bank in the private banking space, and Bank of India and Bank of Baroda in the public sector banking space. In IT, he sees only tactical upside led by Infosys and TCS, citing weak revenue visibility. In autos, Hero MotoCorp, M&M, and Maruti stand out on valuations and demand outlook. 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.
Trade Setup for April 6: Nifty aims to continue recovery amidst war uncertainties, Q4 updates key
Tata Consultancy Services is set to report earnings on April 9, which will be closely watched as it may set the tone for the IT sector and the broader earnings season.
TCS inks MoU with ABB to strengthen strategic IT, AI, and engineering partnership
Tata Consultancy Services (TCS) has signed a memorandum of understanding (MoU) with ABB to strengthen collaboration across IT infrastructure, applications, digital and industrial AI initiatives, data centres, and other emerging technologies.
TCS, Infosys, other IT stocks rise up to 3% on Accenture’s Q2 results. What are analysts saying?
Indian IT stocks surged following Accenture's robust results, which beat revenue expectations and saw record bookings. The global IT giant also raised its full-year revenue growth forecast. Analysts see strong AI-driven demand, particularly in financial services, though macro uncertainties persist. Valuations are now considered attractive.
Stocks to Watch for March 20: NTPC, Tata Elxsi, HDFC Bank, Nestlé and more
HDFC Bank CEO addresses chairman Atanu Chakraborty's resignation. TCS partners with ABB on IT and AI. Nestlé India expands in Gujarat. Here are few stocks to keep an eye on ahead of Friday's trading session.
TCS partners with ABB to advance industrial AI and digital transformation
TCS signed an MoU with ABB to expand collaboration in IT infrastructure, AI, and engineering, aiming to drive innovation and operational efficiency in industrial AI and data centres. Shares of Tata Consultancy Services hit a 52-week low of ₹2,350.20 today (March 19), ending 3.20% lower at ₹2,362.80 ahead of the announcement. The stock has fallen nearly 27% YTD and over 32% over the last 12 months.
HDFC Bank, TCS among 5 Sensex stocks hitting 52-week lows; down up to 16% in a month
Indian stock markets experienced a significant downturn on Thursday. The benchmark Sensex dropped by 2,497 points, closing at 74,207. Amid this sharp decline, five prominent stocks within the BSE Sensex index reached their 52-week lows.
TCS, Infosys, Wipro and other IT stocks soar up to 4%. Here’s what’s triggering the surge
IT stocks rallied up to 4% on Wednesday after CLSA retained its Outperform rating on key names, easing concerns around AI-led disruption that had sparked a sharp selloff last month. Coforge and Persistent led gains, rising over 4% each, while TCS, LTIMindtree, HCL Tech, Tech Mahindra and Wipro also posted strong advances.
Bring your own food! LPG shortage prompts action by IT giants HCLTech, Infosys, Cognizant
Companies, including Infosys, HCL, and TCS, issued advisories as tensions in the Middle East impacted global energy markets.