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Taking Stock: Market rally continues; Nifty near 24,200, Sensex gains 254 points
Biggest Nifty gainers were Max Healthcare, Interglobe Aviation, Trent, Bharat Electronics, Adani Enterprises, while losers included Infosys, Maruti Suzuki, Tech Mahindra, Tata Consumer and TCS.
Nifty IT slumps 6%, Infosys, TCS stocks crash up to 8% as Accenture guidance cut sparks sell-off
Nifty IT slumped as much as 6 percent on Friday morning after Accenture cut revenue growth guidance, with the stocks of Infosys, Tech Mahindra and TCS falling up to 8 percent and emerging as the top losers on benchmark Nifty 50 index.
Nifty recovers 200 points from intra-day lows; IT continues outperformance | Closing Bell
Indian equities erased all the intraday losses with Nifty back above 23,500. TCS, Infosys, HCL Tech, Tech Mahindra, Trent are among top gainers on the Nifty, while losers are NTPC, Power Grid Corp, Cipla, Dr Reddy's Labs and L&T. Among sectors IT index up 4%, while auto, metal, Consumer Durables, realty up 0.5% each. However, pharma, healthcare, power, media, energy down 0.5-1%. Nifty Midcap and Smallcap indices down marginally. Catch Lovish Darad in conversation with Market Experts.
How to trade IT stocks after Nifty IT jumps 2%: Analyst sees further rally; Infosys, TCS, HCL Tech in focus
The rally in IT shares today comes amid renewed global enthusiasm around artificial intelligence-linked technology stocks. The technical setup has potentially opened the door for further gains in heavyweight IT stocks such as Infosys, TCS and HCL Technologies.
Nifty IT falls 1.7%, down 8% in 4 sessions as AI trade reverses; global tech selloff hits Infosys, TCS, Wipro
The Nifty IT index fell sharply, losing for the fourth consecutive session and emerging among the top sector losers, as a global tech selloff and AI outlook triggered profit booking.
IT shares surge up to 4% ahead of TCS Q1 results; Infosys, Tech Mahindra, LTM lead gains
IT shares may continue to witness positive momentum in near term, however, earnings commentary will be the real trigger to watch, said an analyst.
Stocks to Watch Today: TCS, IC Electricals, Anand Rathi Wealth, Dixon Tech, Vikram Solar, Havells, Pace Digitek, Power Grid in focus on 10 July
Stocks to Watch, 10 July: Stocks like Tata Consultancy Services, Anand Rathi Wealth, Muthoot Microfin, Dixon Technologies, Vikram Solar, Power Grid Corporation of India, Havells India, Torrent Pharmaceuticals, Container Corporation of India, GAIL India, Pace Digitek, Unichem Laboratories, Sunteck Realty, and IC Electricals Company will be in focus on July 10.
Nifty IT extends gains to over 3% as rebound strengthens; Infosys, TCS, HCL Tech lead, dominate Nifty gainers
All major IT stocks traded firmly higher on Wednesday, reversing losses from the previous session. The rally extended to midcap IT names as well.
CLSA dismisses AI threat to IT firms, Nifty IT jumps nearly 3%; Infosys, TCS, HCL Tech among top gainers
CLSA said that in its discussions with major IT firms including TCS, Infosys, HCL Tech and Wipro, the brokerage found no evidence of increased pricing deflation in contract renewals due to the latest AI tools from Anthropic and OpenAI.
IT stocks extend rebound for second day; Infosys, TCS, HCL Tech gain 2-4% as sector stabilises after sell-off
The second straight day of gains follows a bruising sell-off earlier in the week, when IT stocks came under heavy pressure amid fears that rapid advances in artificial intelligence (AI) could structurally alter the traditional IT services business model.