It Index

What's powering IT? 14 stocks clock returns of 100-400% so far in 2021

Bigger deal sizes and higher spending by enterprises on cloud migration and digital technology are likely to sustain the growth of Indian IT companies.

Rupee looks overvalued, unlikely to hit IT cos margins: Elara Capital

Sensex, Nifty post biggest 1-day percentage loss since June 24

The market breadth remained in favour of declines. About three shares fell for every share rising on the Bombay Stock Exchange.

Nifty to nudge downward; like IT: CK Narayan

With the IT index now showing a clear divergence, CK Narayan, MD, Growth Avenues is upbeat on the space and thinks Infosys seems to be taking charge now.

Checkout: Top 10 stocks to watch

Here are the top 10 stocks that one should keep an eye on HDFC, TCS, Jaiprakash Associates, Tata Motors, Tata Steel, Hindalco, Sun Pharma, IFCI, Dhanlaxmi Bank and The IT Index ahead of the NASSCOM guidance

Investors still buying good quality stocks: Dimensions

Investors will continue to buy good quality stocks. "All the investors are not animals of reforms but are animals of returns, when the market is right. So, I do not think investors are going to dump these good quality stocks of India and flee India in mass" said Ajay Srivastava.

Rupee fall, US recovery to help IT shrs: Birla SunLife AMC

Depreciation in rupee and recovery in key markets like US and Europe are seen benefiting IT stocks going ahead, however H1B visa issue will continue to be the key challenge, says Birla SunLife AMC

Confident of business going forward for FY14: Infotech Ent

Though Krishna Bodanapu, President and COO of Infotech Enterprises feels that the company may face some short-term challenges in Q4, he is confident of things being positive in FY14.

Mkt may slip to 5100-5140 but bounce back likely: MF Global

Indian market is waiting for RBI's policy action, corporate earnings and reforms likely after the Presidential poll. Though the market has shown some strength, Vineet Bhatnagar of MF Global is not so optimistic. He warns that the market may drift to 5100-5140 as volatility has bounced back to 15-17% in last few sessions.