Market News

Zensar Tech Share Price Rallies 9% In Early Trade As IT Stocks Rebound To Snap Four-Day Slump

On Thursday, shares of Zensar Tech opened at Rs 429.45 against a previous close of Rs 426.05 and surged over 9% to hit an intraday high of Rs 468.50 apiece on the NSE.

IT stocks stage a sharp rebound but ICICI Securities downgrades seven of them

ICICI Securities has downgraded TCS, HCLTech, Wipro, Tech Mahindra, LTM, Hexaware Tech and LatentView Analytics and also cut its price target on these stocks in its note.

Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?

IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump, while Infosys, Mphasis, HCL Tech and Persistent Systems rose around 4%. The recovery lifted sentiment after the sector had shed nearly 7% over the previous four trading sessions.

Sensex jumps over 500 points, Nifty tops 24,150 as oil slips below $70/bbl on US-Iran peace talks

Indian stock markets saw a second day of gains, with Sensex and Nifty inching up as oil prices plummeted to $70 a barrel amid US-Iran peace talks. Tech stocks like Infosys led the charge, while broader markets also traded higher. Analysts point to falling crude, strong auto sales, and tapering FII selling as positive near-term drivers, though monsoon progress remains a watch point.

Dividend Alert! Last day to buy M&M, Swaraj Engines, 31 other stocks to earn payouts up to Rs 110

Investors have a final chance today to buy shares in 33 companies, including Mahindra & Mahindra, Tech Mahindra, and Union Bank, to qualify for upcoming dividend payouts. With July 3rd set as the record date, today is the last opportunity to secure these dividends. Notable payouts include Mahindra & Mahindra's Rs 33 per share and Swaraj Engines' Rs 110 per share, among many others.

Tech Mahindra Share Price Live Updates: Tech Mahindra's Closing Figures

Buy, Sell Or Hold: Suzlon Energy, Trent, Ola Electric, HCL Tech And Godrej Properties — Ask Profit

Market experts shared buy, sell and hold recommendations for an array of stocks.

Nomura expects IT firms to see 'anaemic' growth in FY27. Here are latest target prices for Infosys, TCS, and others

Nomura expects subdued near-term growth for Indian IT companies as macro uncertainty and weak tech spending weigh on demand ahead of Q1 earnings. However, it sees long-term opportunities emerging from AI-driven changes, with IT firms potentially expanding their addressable market as enterprises increasingly rely on system integrators in hybrid human–digital workflows.

Explained: Why Tata Elxsi shares crashed 7% after KPI Tech’s Q1 revenue, profit guidance warning

Tata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to a sudden slowdown in orders from European automakers. The update raised concerns over demand across the automotive engineering and software services space, weighing on peer stocks.

KPIT Tech shares sink 17%, see worst plunge since 2020 Covid crash. Time to buy or more pain ahead?

KPIT Technologies shares dropped to a fresh 52-week low on Wednesday after the company warned of weaker-than-expected Q1 FY27 revenue and margin performance due to a sudden slowdown in orders from European automakers. Technical analysts caution that the stock remains under pressure, with key support seen around the Rs 550 level.

KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages said

KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, including JPMorgan and JM Financial, to downgrade the stock and cut target prices. While analysts remain optimistic about the company's long-term prospects, they expect near-term earnings and growth to remain under pressure.

KPIT Tech's warning causes a ₹6,000 crore dent in the market cap of its peers

Shares of Tata Technologies are now down for the fifth day running, even as they have recovered from the lows of the day on Wednesday. Tata Elxsi shares are down for the third day.