Shares were trading at about $17.31 as of February 26, 2025, and it fell down drastically to around $7.93 a piece as of February 26, 2026.
Jefferies downgraded Infosys to 'hold' and slashed target price by 31% to Rs 1,290. The brokerage downgraded HCL Tech to 'hold' and cut target price by 26% to Rs 1,390
The tech-heavy Nasdaq Composite index fell more than 2% on Thursday ahead of US inflation data, due later on Friday, which could influence the future path of rate
The IT selloff is capping gains from optimism over a US-India trade deal, analysts said, noting that Anthropic's tools threaten traditional outsourcing models
Microsoft shares fell sharply after hours following its latest earnings, as investors focused on slowing Azure growth, rising infrastructure costs, and the company’s deepening reliance on OpenAI. The sell-off came despite Microsoft beating Wall Street expectations and reporting strong headline financials.
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Many investors still have old paper share certificates, but transfers in physical form are not allowed any longer. In fact, conversion to demat is now necessary for sales or pledge of such securities.
Hindalco was the top loser on the Nifty Metal index and benchmark Nifty 50, down over 2 percent to Rs 783.45, weighed down by a fire at its Novelis aluminium plant in Oswego, New York, on November 21.
The share buyback signals disciplined capital management and a consistent intent to return surplus funds to shareholders, said an analyst
Fading hopes of a rate cut in December by US Federal Reserve also contributed to the negative sentiment towards metal shares
Analysts highlighted the firm's steady growth in revenue, profit and client base as key strengths, but cautioned that it faced stiff competition in India's crowded broking industry
US President Donald Trump signed legislation ending the longest US government shutdown, to clear fog on US economic data, amid firming bets of a December rate cut by Federal Reserve
During the July-September period, Delhivery, Swiggy, Mobikwik, Urban Company, Ixigo, BlueStone and Ola Electric, all reported losses. Some firms even saw their profit profile worsen on a YoY basis.
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Analysts expecting robust growth outlook for Lodha post-Q2 results, strong Phoenix Mills Q2 results, DLF's 'The Dahlias' update led to rise in real estate stocks
Infosys said its promoter and promoter group, including founder Narayana Murthy, his wife Sudha Murthy, and co-founder Nandan M Nilekani, have expressed their intention to not participate in the share buyback the company had announced in September
Nifty Realty index rose over 3 percent, recovering from the previous day’s losses, as investors cheered comments from Fed Chair Jerome Powell indicating possible monetary easing.
A Wall Street Journal report said that the move to exclude generic medicines from tariffs is not yet final but is being considered seriously
Copper also climbed because minutes from the Federal Reserve showed a willingness from participants to lower interest rates again this year
ICICI Direct Research said other branded players are likely to negotiate pricing to get respite from tariffs
The relationship between India's primary and secondary markets reveals a clear pattern: when market conditions are strong, companies flood the IPO space with increasingly optimistic valuations, historically serving as a reliable indicator of market peaks. Despite recent lukewarm secondary market performance, the primary market continues to show resilience, with 2025 IPO activity remaining robust even as first-day listing gains have nearly halved from the previous year's highs.
While the company has carved out a niche for itself in the broking segment, it remains a relatively smaller player in the broader industry space
On September 5, weak US labour data, disappointing fourth quarter earnings and guidance by UK-based IT major Endava weighed on IT stocks
High returns are tempting, but lack of transparency and liquidity make them a high-stakes bet.