Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Citrini Scare Marked the Bottom, Says Fund Betting on Bounce
Sydney-based hedge fund GCQ Funds Management said the bottom is in for the software selloff, snapping up about A$200 million ($143 million) worth of tech stocks caught in the downdraft.
Global IT stocks react to Nvidia rally and Salesforce’s cautious forecast
Nvidia reported strong growth, led by continued demand for AI and sharp expansion in its data centre business, indicating that investment in AI infrastructure is still rising. However, despite strong numbers, the stock reaction was muted as markets may already have priced in consistent earnings beats. Salesforce, while posting better-than-expected results, disappointed investors with weaker guidance, raising some concerns for software and SaaS companies, including Indian IT firms tracking global tech demand.
‘Death of Software?’ Anand Mahindra calls AI doom ‘Greatly Exaggerated’ amid IT stock crash
Indian IT stocks face sharp corrections amid AI disruption fears. Anand Mahindra advises against extreme AI doomsday predictions. He believes AI will pressure IT firms to adapt, focusing on outcomes and value delivery. While some roles may change, new opportunities in AI integration and governance will emerge.
Dynacons Systems wins order worth Rs 109 cr from Punjab & Sind Bank
Dynacons will oversee the design and implementation of the necessary IT infrastructure, underlying system software, and cloud services to support the deployment and hosting of the Bank's applications, including the Data Center and Disaster Recovery (DC-DR) environment.
BillDesk to acquire Worldline India for ₹650 crore, expanding offline presence
BillDesk acquires Worldline India for ₹650 crore, expanding its offline payment terminals and omnichannel presence. The deal includes a long-term software agreement and strengthens bank partnerships.
Dow Jones recovers nearly 50% of Monday's sell-off as software, tech shares see relief rally
AMD shares led the rebound in tech stocks on Tuesday as the 9% advance was triggered by a partnership with Meta Platforms. Software stocks like Salesforce also staged a rebound.
Newgen Software Technologies Ltd leads losers in 'A' group
Firstsource Solutions Ltd, Latent View Analytics Ltd, OneSource Specialty Pharma Ltd and Le Travenues Technology Ltd are among the other losers in the BSE's 'A' group today, 20 February 2026.
US Market | Credit Concerns Mount: Blue Owl shake-up weighs on US financial stocks
Blue Owl Capital’s $1.4 billion asset sale and halted fund redemptions rattled US financial stocks, highlighting mounting private credit stress. Investors are cautious over software-linked loans, liquidity, and valuations, underscoring how vulnerabilities in private markets can quickly ripple into public equities, particularly in financials and technology sectors..
Oil India among 4 stocks showing bullish RSI upswing
Four Nifty500 stocks including Oil India, Tata Investment Corporation, Godrej Industries and Newgen Software Technologies showed bullish momentum on February 19, with RSI crossing above 50. The RSI Trending Up scan indicates strengthening price momentum, signalling potential upward movement and offering traders cues for identifying short-term buying opportunities in these stocks.
AI to replace half of Mistral AI's software? Here's what CEO Arthur Mensch said as tech stocks face headwinds
Mistral AI CEO Arthur Mensch said over half of current SaaS software could shift to AI, amid investor fears of disruption. As tech stocks fall globally, Mensch called “replatforming” a major opportunity. Mistral plans its India debut, targeting public and private sector clients.
TCS shares rise 2% after Tata Group and OpenAI announce strategic partnership
Tata Consultancy Services (TCS) shares surged after announcing a strategic partnership with OpenAI to build AI infrastructure in India and offer joint market solutions. This collaboration aims to boost productivity, enhance software engineering, and position India as a global AI hub by developing AI-ready, green-energy-powered data centers.
Stocks get tech boost amid strong economic reports
US stocks climbed as S&P 500 rose nearly 1 percent, driven by strong economic data and easing AI disruption fears. Oil jumped, tech and software stocks rebounded, and IPO activity slowed.