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Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why
IT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI disruption. After earlier losses due to AI and inflation worries, the sector is seeing a partial recovery, with Nifty IT emerging as a top gainer.
What Anthropic’s powerful new model means for Indian IT stocks
Infosys, Tata Consultancy Services (TCS), LTIMindtree, Coforge, Wipro, and L&T Technology Services are among the major IT players that have all fallen more than 20% on a year-to-date (YTD) basis.
Infosys Share Price Highlights: Infosys Stock Price History
8 out of 10 most India's valuable companies add ₹4.13 lakh crore mcap amid US-Iran ceasefire; HDFC, ICICI Bank top list
From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their valuation.
Mcap of 8 top valued firms jumps ₹4.13 trn; HDFC, ICICI Bank top gainers
The combined market valuation of eight of the top-10 most valued firms surged by Rs 4,13,003.23 crore last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers, in tandem with an optimistic trend in equities. Last week, the BSE benchmark Sensex jumped 4,230.7 points or 5.77 per cent, and the NSE Nifty surged 1,337.5 points or 5.88 per cent. "Sentiment remained buoyant amid optimism surrounding a temporary USIran ceasefire, although lingering geopolitical uncertainties capped the pace of gains as the week progressed," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. A sharp decline in crude oil prices below the USD 100 mark eased domestic concerns and triggered a strong rebound across markets, he added. From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their ...
Sensex Today | Stock Market LIVE Updates: 24,000 remains a Nifty barrier; TCS, IT stocks in focus
Sensex Today | Stock Market LIVE Updates: The spotlight today will be on IT stocks after the TCS results. US-listed shares of Infosys and Wipro had a muted reaction to the numbers.Wipro will also be in focus on the news of its buyback. The other headwind for IT stocks today is the sell-off in SaaS names on Wall Street overnight.
Infosys ADR Slumps 2.6%, Wipro Declines After TCS Logs CC Degrowth In FY26
While the ADR of Wipro fell over 1% at $2.23, Infosys was trading over 2.64% lower at $13.63.
Infosys, Wipro ADRs slip signalling muted start for IT stocks after TCS results
Infosys ADRs dropped as much as 2.6%, while Wipro ADRs were down about 1–2% on the New York Stock Exchange (NYSE), indicating a potentially soft start for the sector in domestic trade.
TCS, Infosys to HCL Tech: IT stocks Q4 earnings start today - Is this the right time to buy?
As the IT sector heads into earnings season, brokerages favor HCL Tech and Tech Mahindra. TCS is anticipated to post solid quarterly results, while cautious investor sentiment prevails due to potential demand pressures and AI disruption concerns.
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info,... - Moneycontrol.com
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info,...Moneycontrol.com
Stocks to Watch for April 8: Infosys, GAIL, Muthoot Finance, SRF and more
From Infosys announcing a strategic collaboration with Harness to GAIL (India) entering into a long-term charter party agreement with Greek shipping firm Alpha Gas, there are some stocks to watch ahead of Wednesday's trading session.
Infosys, Harness partner to drive AI-led software delivery transformation
Infosys and Harness announce a global collaboration to integrate AI led software delivery platforms, targeting faster, safer enterprise modernisation.