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Don t see too much of selling pressure in Indian equities: Vineet Bhatnagar, PhillipCapital

Apr 17, 2014 at 12:16 | Source: Economic Times

In a chat with ET Now, Vineet Bhatnagar, MD, PhillipCapital, shares his views on the markets and certain stocks. Excerpts: ET Now: If you look at the market internals, things are looking slightly rusty for the Indian markets and foreign institutional...

Long-term shareholders of USL should hold onto stock: Ajay Srivastava, Dimensions Consulting

Apr 16, 2014 at 14:21 | Source: Economic Times

In a chat with ET Now, Ajay Srivastava, CEO, Dimensions Consulting Pvt Ltd, shares his views on the market and certain stocks. Excerpts: ET Now: Whereas everyone is solely focussed on May 16, which is the day we will get the outcome of elections, do...

IT stocks pushing markets lower; Infosys, Wipro top Sensex losers

Apr 16, 2014 at 13:51 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex took a sudden plunge in afternoon trade, falling over 130 points in trade on Wednesday, led by losses in IT, realty, capital goods, power and healthcare stocks. Infosys which managed to hold gains in the previous sessio...

Maintain slightly positive view on IT pack: Mahesh Patil, Birla Sunlife MF

Apr 15, 2014 at 21:27 | Source: Economic Times

In an interview with ET Now, Mahesh Patil, Co-Chief Investment Officer, Birla Sunlife MF, gives his sectoral call. Excerpts: ET Now: Your equity fund has done really well compared to the benchmark on a year to date basis, almost doubling the gains th...

TCS rallies over 4% ahead of Q4 results, top Sensex gainer

Apr 15, 2014 at 16:26 | Source: Economic Times

NEW DELHI: Tata Consultancy Services Ltd rallied as much as 4.4 per cent in trade on Tuesday as compared to 0.6 per cent fall seen in the BSE Sensex. The move came ahead of its results for the quarter ended March 31 which are due on Wednesday. Infos...

Momentum broken, more pullback seen in the banking stocks: Mitesh Thacker

Apr 15, 2014 at 16:26 | Source: Economic Times

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on the market outlook. Excerpts: ET Now: How are you approaching trade today particularly also on the CNX IT and what are the specific names that you are r...

Infosys' stock to really pick up post restructuring: Manish Sonthalia

Apr 15, 2014 at 10:56 | Source: Economic Times

In a chat with ET Now, Manish Sonthalia, Sr. VP & Head - Equity Portfolio Management Services, Motilal Oswal Asset Management, shares his views on Infosys. ET Now: Not a table thumping number but clearly much above what the street or most bullish ana...

Beaten down IT stocks stage a pullback ahead of Infosys results on Tuesday

Apr 11, 2014 at 16:36 | Source: Economic Times

MUMBAI: Shares of IT companies, which have been witnessing selling pressure over the past one week, eventually bounced back ahead of Infosys results on Tuesday. IT majors such as Infosys and TCS have already announced that the Jan-March quarter will...

Jittery investors turn sellers in IT sector ahead of earnings

Apr 11, 2014 at 14:06 | Source: Economic Times

MUMBAI: The churning of portfolios from defensives to cyclicals in hopes of economic revival is having its toll on the IT sector. An appreciating rupee and comments from Infosys and TCS management of a tough quarter are also making things difficult. ...

Tech Mahindra sets up delivery centre in Belgium

Apr 09, 2014 at 04:42 | Source: Economic Times

NEW DELHI: IT services firm Tech Mahindra today said it has set up a new 120-seater delivery centre in Antwerp, Belgium, a move aimed at strengthening its operations in the European region. Following the recent opening of a delivery centre in Dussel...

Top Indian IT cos like TCS, Infosys may report muted Q4 nos: Analysts

Apr 07, 2014 at 03:31 | Source: Economic Times

NEW DELHI: Top Indian IT firms like TCS and Infosys are likely to report muted fourth quarter performance tempered by a seasonal weak quarter, analysts said. While analysts expect Q4 results for the tech firms to be "modestly" above expectations, th...

Brokerages bullish on IT sector outlook for this year

Apr 07, 2014 at 03:31 | Source: Economic Times

MUMBAI: Leading foreign brokerages are bullish about the earning potential of domestic IT majors like TCS, Infosys and Wipro saying that the outlook for 2014 is positive despite tepid results that could be seen in the first quarter. While Barclays i...

Cyclical, high-beta stocks outdo defensives like IT, pharma: Time to churn portfolio?

Apr 04, 2014 at 16:56 | Source: Economic Times

MUMBAI: The Nifty is facing some resistance after a 10-day rally as institutional investors are busy churning their portfolios. In the recent rally, the cyclicals and high-beta stocks outperformed defensives such as IT and pharmaceuticals. As the ma...

IT stocks buck market trend; Infosys, TCS, Wipro up nearly 1%

Apr 04, 2014 at 10:16 | Source: Economic Times

NEW DELHI: Shares of frontline IT companies such as Infosys, TCS, Wipro were trading with upward bias in trade on Friday as compared to muted trend seen on the BSE Sensex. The BSE IT Index was trading 0.6 per cent higher at 9,022 as compared to 0.4 ...

Infosys corporate governance raises concerns

Apr 01, 2014 at 14:02 | Source: Economic Times

BANGALORE: Infosys, once the gold standard for corporate governance in India, now finds itself in a list of companies that a leading brokerage firm categorizes as the 'Underbelly of Indian IT'. The firm, Ambit Capital, notes several developments in r...

Tata Motors, HCL top FY13 profits in just 9 months

Apr 01, 2014 at 06:56 | Source: Economic Times

NEW DELHI: Tata Motors, Sesa Sterlite, HCL Technologies and Tech Mahindra are among the companies in the BSE 200 index whose net profits during the first nine months of FY14 have exceeded their FY13 full year profits. An ETIG analysis shows two out o...

IT index slips over 10% in March; what next?

Mar 31, 2014 at 17:16 | Source: Economic Times

NEW DELHI: The S&P BSE IT index plunged over 10 per cent so far in the month of March largely weighed down by concerns over slowdown in demand environment and appreciating rupee against the US Dollar. Indian rupee has notched gains close to 3 per ce...

Goodbye FY14! Sensex up 19%; big stocks that returned upto 75%

Mar 31, 2014 at 16:51 | Source: Economic Times

MUMBAI: The Nifty extended its winning for eighth consecutive session and ended at fresh closing high, above 6,700, on the back of strong dollars inflows. Metals, realty and auto were top sectoral performers in trade today while FMCG, capital goods a...

IT stocks lose sheen; Infosys, HCL Tech, TCS turn negative

Mar 31, 2014 at 10:46 | Source: Economic Times

NEW DELHI: At a time when markets are trading at fresh record highs in trade on Monday, most of the IT stocks were trading with negative bias largely on account of strong rupee which rose to fresh eight month high last week. At 09:35 a.m.; BSE IT ind...

IT stocks loses sheen; Infosys, HCL Tech, TCS turn negative

Mar 31, 2014 at 10:21 | Source: Economic Times

NEW DELHI: At a time when markets are trading at fresh record highs in trade on Monday, most of the IT stocks were trading with negative bias largely on account of strong rupee which rose to fresh eight month high last week. At 09:35 a.m.; BSE IT ind...

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