May 07, 2021 05:59 PM IST
In this edition of Ideas for Profit, we tell you why Moneycontrol Research desk pegs Coforge as its favourite mid-cap IT stock despite the recent run up.
- Dec 28, 2020 02:12 PM IST
Goldman Sachs has a 'buy' on Infosys, Mindtree, TCS, Tech Mahindra & Mphasis. It has a 'sell' on Wipro and a 'neutral' on HCL Tech and L&T Infotech.
- Dec 22, 2020 11:27 AM IST
Global financial firm Goldman Sachs has resumed coverage on the IT sector and said the third wave of the IT outsourcing cycle is ahead.
- Oct 06, 2020 11:32 AM IST
The global IT major Accenture’s recent result and commentary on its outsourcing business, which is relevant for the Indian IT, corroborate an encouraging outlook for the Indian IT companies.
- Sep 30, 2020 02:01 PM IST
Should you be betting big on digital space? Let's find out in this edition of 3-Point Analysis.
- Sep 29, 2020 01:04 PM IST
It is driven mainly by the momentum IT majors have seen over the last few months in terms of deal wins and tech investments from clients, say experts. BSE data shows that this is probably the highest rally TCS, Infosys, Wipro and HCL Tech stocks have seen in the last five years.
- Sep 20, 2020 10:14 AM IST
Coming amid the pandemic, many questioned Ashok Soota, the man behind the company, and his decision to go ahead with the IPO
- Jun 22, 2020 12:41 PM IST
Experts believe a ban on the H-1B visa may not have a significant impact on IT players as they have already hedged against that.
- Dec 12, 2019 01:33 PM IST
The Indian currency was trading at a month high of 70.63 after opening 15 paise higher at 70.69 per dollar against the previous day's close of 70.84.
- Sep 11, 2019 01:08 PM IST
The S&P BSE IT was also trading in the red dragged by L&T Infotech which shed 2 percent followed by NIIT Tech, Persistent Systems, Midntree and L&T Tech.
- Apr 22, 2019 09:38 AM IST
The top Nifty gainers include Infosys, Wipro, Tech Mahindra, TCS and HCL Tech while BPCL, IOC, YES Bank, Indiabulls Housing Finance and Reliance Industries are the top losers.
- Oct 18, 2018 12:34 PM IST
Selling was seen even in topline stocks, indicating that buyers are a bit cautious.
- Jan 24, 2018 10:09 AM IST
“I am very bullish on the India story. The earnings recovery should happen to start this quarter and in the next 4-6 quarters we should see a robust earnings growth. We are seeing early signs of a pick up in capital expenditure,” said Vikas Khemani of Edelweiss Securities.
- Apr 11, 2017 06:50 PM IST
Unlike in the past 11 years, where sectors like IT, pharma, private-sector banks and consumer goods were in the driver’s seat, this is going to be a quarter where public sector banks and metals are going to steal the show.
- Apr 10, 2017 06:04 PM IST
Gartner in its report, has slashed its overall IT spending estimates for 2017 to 1.4 percent from 2.7 earlier, owing to the strengthening dollar. It feels the country's IT spending will touch USD 3.5 trillion this year.
- Apr 06, 2017 09:23 AM IST
Online forums including social media have become an outlet for anxious and anonymous H1B aspirants to vent emotions amid uncertainty over the future of their careers
- Apr 06, 2017 07:39 AM IST
All eyes on the outcome of the RBI's decision on key interest rates which will be out later today.
- Apr 05, 2017 07:48 AM IST
Fourth quarter earnings from India Inc. along with the Reserve Bank of India’s policy stance on rates will decide the trend for the market in this week.
- Mar 06, 2017 02:00 PM IST
Index heavyweights continue to hold the market from falling further, which is off its day‘s low now. IT stocks were under pressure due to developments on H1-B visa front.
- Mar 06, 2017 12:00 PM IST
Reliance, Power Grid and NTPC were the top gainers on the index, while pharma stocks, Grasim and Tech Mahindra were the top losers on the index.
- Mar 06, 2017 10:31 AM IST
The US announced that from April 3 it would temporarily suspend the 'premium processing' of H-1B visas that allowed some companies to jump the queue, as part of overall efforts to clear the backlog.
- Mar 06, 2017 10:00 AM IST
Investors build on early morning gains, even as indices seek to hold on to key levels. Reliance was up over 3 percent, while IT stocks continued to remain under pressure following developments on premium H1-B visa in the US.
- Mar 06, 2017 08:11 AM IST
Investors could be cautious on the Street ahead of the crucial exit poll results of five state assembly elections. IT stocks could be strained due to US‘ actions on H1-B visa front. Meanwhile, Radio City will hit the market with its IPO later in the day.
- Feb 22, 2017 06:18 PM IST
A trend is emerging among IT companies to buy back shares amid rising concerns that they are struggling to put excess cash to investment use in a growth-challenged environment.
- Feb 16, 2017 04:56 PM IST
While IT stocks have factored in the negative effects of US President Donald Trump's protectionist measures such as the H1B visa reform, a possible revival of the US economy under Trump administration has not been priced in, according to Jonathan Schiessl of Ashburton.