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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.
Stocks to Watch for March 18: Tata Steel, Tech Mahindra, Varun Beverages, Wipro and more
From India Glycols Limited announcing an interim dividend of ₹7.5 per share to Varun Beverages Limited’ South African arm acquiring a 100% stake in Crickley Dairy Proprietary Ltd, here are the stocks to watch ahead of Wednesday’s trading session.
Jefferies adds Wipro, Hyundai Motor India, Cipla to latest underperform list. Here’s why
Jefferies has added Wipro, Hyundai Motor India and Cipla to its latest underperform list, citing weak growth outlook, rising competition and earnings risks. The brokerage flagged slow deal ramp ups at Wipro, market share losses for Hyundai and US revenue pressure at Cipla as key concerns for investors.
Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows
Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war
Stocks to Watch for March 6: Bajaj Auto, Wipro, Jio Fin, TCS and more
Jio Finance invests ₹147.45 crore in Allianz Jio Reinsurance. TCS plans more AI data centres in India. Wipro appoints Laura Marie Miller to its Board. Bajaj Auto gets €450 million from KTM AG. Here are the top stocks to watch:
Stock Market Highlights: Market closes in the green but off highs, Nifty above 25,450
Sensex Today | Stock Market LIVE Updates: The market have been volatile as the indices are off the day's high. The Nifty is up 40 points, rising towards 25,500. The Nifty Bank index has fallen from the highs of the day, now trading with a deficit of 100 points. Tech Mahindra, HCLTech, Wipro, Infosys are among the top gainers.
Closing Bell: Day 2 of gains pushes Nifty above 23,550, Sensex up 568 pts led by auto, metal, realty
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
Wipro board approves Rs 15,000-crore share buyback via tender offer at 19% premium
The share buyback price reflects a premium of 19 percent over Thursday's closing price of Rs 210.15 per share on NSE.
Nifty IT rises despite JPMorgan warning of AI disruption; Infosys, Tech Mahindra gain, HCLTech and Wipro lag
Closing Bell: Market snaps 3-day fall; Nifty above 23,400, Sensex surges 939 pts
Biggest Nifty gainers M&M, Grasim Industries, Trent, UltraTech Cement, Bajaj Finance, while losers are Bharat Electronics, Wipro, Max Healthcare, Sun Pharma, Coal India. On the sectoral front, auto, bank, FMCG up 0.5-1%, while media, oil & gas, pharma, realty, capital goods down 0.5-2%. Nifty Midcap index is trading flat, while smallcap index down 0.5%.
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March
Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.
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.