Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Global IT stocks react to Nvidia rally and Salesforce’s cautious forecast
Nvidia reported strong growth, led by continued demand for AI and sharp expansion in its data centre business, indicating that investment in AI infrastructure is still rising. However, despite strong numbers, the stock reaction was muted as markets may already have priced in consistent earnings beats. Salesforce, while posting better-than-expected results, disappointed investors with weaker guidance, raising some concerns for software and SaaS companies, including Indian IT firms tracking global tech demand.
Brookfield’s CDK Posts 18% Earnings Drop as Software Fears Grow
Brookfield Business Partners-backed CDK Global reported a double-digit earnings decline in the fourth quarter, a sign of struggles at the company right as Wall Street scrutinizes how the software sector will hold up against advancements in artificial intelligence.
Anthropic storms into enterprise AI, jolts global software stocks
Anthropic launched enterprise features for Claude, impacting global software stocks and challenging firms like Infosys, TCS, Wipro, Salesforce, ServiceNow, and Intuit amid rising AI disruption.
Who is Alap Shah? The co-author of the viral AI crisis report roiling global markets
Alap Shah, co-author of 'The 2028 Global Intelligence Crisis', has stirred global markets with a stark AI scenario that questions the future of software, payments and India’s IT model, triggering what traders now call an AI scare trade.
Newgen Software Technologies Ltd leads losers in 'A' group
Firstsource Solutions Ltd, Latent View Analytics Ltd, OneSource Specialty Pharma Ltd and Le Travenues Technology Ltd are among the other losers in the BSE's 'A' group today, 20 February 2026.
TCS shares rise 2% after Tata Group and OpenAI announce strategic partnership
Tata Consultancy Services (TCS) shares surged after announcing a strategic partnership with OpenAI to build AI infrastructure in India and offer joint market solutions. This collaboration aims to boost productivity, enhance software engineering, and position India as a global AI hub by developing AI-ready, green-energy-powered data centers.
Goldman says these software stocks have 'moats' that can thwart AI disruption
Goldman Sachs highlights Snowflake, MongoDB, Shopify, and CrowdStrike as resilient software picks amid AI disruption fears, with Shopify and MongoDB showing strong analyst support for future gains.
Hexaware launches open RapidX platform, integrates with Replit to speed up AI-driven software development
Hexaware Technologies launched an open RapidX platform with Replit integration, boosting AI-driven enterprise software development. The Chennai Centre of Excellence supports global adoption.
Stocks to Watch Today: DOMS Industries, Krishna Institute of Medical Sciences, Prime Focus, Utkal Speciality, Brigade, Sonata Software in focus on 17 June
Stocks to Watch, 17 Jun: Stocks like Sonata Software, Utkal Speciality Industries India, Cyient, Brigade Enterprises, Prime Focus, Bharat Forge, Krishna Institute of Medical Sciences, Wipro, and DOMS Industries will be in focus on June 17.
Infosys, TCS shares jump 6%; Nifty IT rallies again today as global software stocks extend AI-driven rebound
Global IT stocks are recovering from concerns earlier this year that artificial intelligence could disrupt technology business models. Optimism is growing that the artificial intelligence (AI) boom is leading to stronger demand for their products and services.
Momentum Stocks: Dr Lal PathLabs, JHS Svendgaard, Dar Credit rally on sheer momentum
A few stocks saw sharp intraday moves and hit upper circuits. California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.