Nifty IT Falls 3% as Powell Warns on Rate Cuts; TCS, Wipro Drop Over 3%
The Nifty IT index fell nearly 3% on 18th November after U.S. Federal Reserve Chair Jerome Powell stated there was no urgency to lower interest...
Tag : tcs
Top 5 AI Stocks in India for Investing in 2024
Introduction Investing in AI (artificial intelligence) stocks offers exciting opportunities. AI technology’s transformative potential has the power to revolutionise various industries, making it an appealing...
Tech M Shares Fall 9% in 5-Days as JPMorgan, Citi Downgrade, Price Target Lowered
Shares of IT giant Tech Mahindra (Tech M) came under intense pressure this week after global brokerages JPMorgan and Citi downgraded their ratings. The stock...
Mastek Shares Up 7% After Strong Q4, Boosted by UK Deal
Up 5.3% sequentially in constant currency, Mastek stunned Street with its Q4FY23 results, while its larger peers TCS and Infosys reported lacklustre figures for the...
BSNL to Start 5G Services in 2024
State-owned BSNL will start providing 5G services in 2024, Union Telecom Minister Ashwini Vaishnaw said on Thursday. BSNL has shortlisted a consortium led by TCS...
Tata Motors, TCS, Aster DM Healthcare, KIMS in Spotlight
On January 9, 2023, the meetings of the board of directors of TCS are scheduled for the approval of the audited financial statements (consolidated) for...
Accenture’s Lower Bookings and Cautious Demand Outlook Spell More Trouble for Indian IT Firms
Indian IT companies are in for a long winter as their global peer Accenture’s second-quarter revenue guidance points to a cautious demand outlook. The company’s...
LTIMindtree Begins Trading Under New Name, Shares Down 1%
Shares of LTIMindtree, the combined entity of LTI and Mindtree, began trading under the new name today. The stock was quoted at Rs 5,006 on...
Sensex Falls Over 150 Points in Early Trade, Nifty at 18,650
Benchmark stock indexes opened lower on Monday amid mixed global cues. The BSE Sensex traded 183 points or 0.29% lower at 62,685. In contrast, the...
Dr Reddy Gets Replace by Tata Motors in Sensex With Effect From December 19
From December 19 2022, Dr Reddy’s Laboratories will be replaced by Tata Motors in the 30-share benchmark S&P BSE Sensex. Tata Motors closed 0.04 per...