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Top Gainers & Losers on April 22: HCL Tech, Tata Elxsi, Infosys, Bajaj Auto, Nykaa, PTC Industries among top losers
The Indian stock market experienced a sell-off on April 22, closing lower as technology stocks plunged. The Nifty 50 fell 0.81%, and S&P BSE Sensex declined 0.95%, with investors wary of US-Iran tensions and fluctuating crude oil prices.
Infosys Q4 Preview: Can strong earnings offset concerns around AI?
Infosys anticipates a subdued March quarter, with revenue growth slowing due to seasonal factors, though full-year targets remain achievable. Investors are keenly awaiting FY27 guidance and insights into AI's impact and discretionary spending trends amid global uncertainties. A strong deal pipeline offers a positive outlook for future growth.
IT stocks on the Nifty 50 lose over ₹1 lakh crore in market cap after HCLTech sell-off
Shares of Infosys have extended their losses to over 4%, while those of TCS are also down to the lows of the day, extending their losses to 3% as well. Both of these stocks have shed between ₹20,000 crore to ₹25,000 crore each from their respective market capitalisation.
Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%
HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% amid sector-wide concerns.
HCLTech shares fall 11% to a 52-week low, marking their worst single-day return in 11 years
According to Nuvama, HCLTech's weak guidance for FY27 now converges its growth differential with TCS and Infosys, which is likely to lead to convergence of their valuations. The brokerage has cut growth estimates and revised its USD-INR assumption to 93 from 88 earlier.
Sensex Today Tanks 517 Points | Nifty Below 24,500 | TCS & Infosys Top Losers - Equitymaster
Sensex Today Tanks 517 Points | Nifty Below 24,500 | TCS & Infosys Top LosersEquitymaster
Sensex Today Tanks 517 Points | Nifty Below 24,500 | TCS & Infosys Top Losers - Equitymaster
Sensex Today Tanks 517 Points | Nifty Below 24,500 | TCS & Infosys Top LosersEquitymaster
HCL Tech, Infosys to TCS: IT stocks crash up to 10% today — What's behind the massive selloff? - Mint
HCL Tech, Infosys to TCS: IT stocks crash up to 10% today — What's behind the massive selloff?Mint
Why market fell today? Sensex slumps 760 points, Nifty below 24,400 despite ceasefire extension. 7 key reasons
Indian markets turned negative on Wednesday as investor caution persisted despite a ceasefire deadline extension by Donald Trump. IT stocks led the decline after weak earnings from HCL Technologies, dragging peers like Infosys, Tata Consultancy Services, and Tech Mahindra lower. However, defensive names such as Hindustan Unilever and NTPC posted gains.
Infosys Blends AI With Tennis Excellence | John Cockerill India Wins JSW Project | Top Buzzing Stocks Today - Equitymaster
Infosys Blends AI With Tennis Excellence | John Cockerill India Wins JSW Project | Top Buzzing Stocks TodayEquitymaster
Infosys names Grand Slam Champion Carlos Alcaraz as global brand ambassador
Infosys signs multi year deal with tennis star Carlos Alcaraz as global brand ambassador, to co develop AI match analytics, performance app and social impact tech projects.
Sensex Today | Stock Market Highlights: Market cap jumps ₹10 lakh crore as Sensex, Nifty rally
Sensex Today | Stock Market LIVE Updates: The Sensex surged 1,264 points to close at 78,111, while the Nifty 50 advanced 389 points to settle at 24,231. The rally was led by heavyweights including Reliance Industries Ltd., Larsen & Toubro Ltd., HDFC Bank Ltd. and Infosys Ltd.