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Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...
KPIT Technologies shares rise 4% ahead of Q1FY27 resultsKPIT Technologies shares gained over 4% on July 29 to reach Rs 627.70 ahead of its Q1FY27 earnings announcement. Despite near-term momentum...
Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in JulyForeign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreig...
$600 billion wiped out in a month, cracks exposed in SK Hynix chipsSK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent r...
Nifty could deliver low-teen returns as earnings drive next leg of bull market: Anand Rathi AMCThe June-quarter earnings season has now begun, and we will be tracking this closely as results come in, with more insights to follow throu...
Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
RBI reiterates Indian economy remains resilient, but Iran war, deficient monsoon could pose risks to outlook; will there be rate change in August?The RBI is widely expected to keep interest rates unchanged at its 5 August policy meeting, making it one of the few central banks in the r...
Trump pledge on data center power supplies draws skepticismPresident Donald Trump announced a non-binding pledge for energy infrastructure. Power producers and data centers will fund massive AI-rela...
AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
Number of space startups rose from one in 2014 to over 400 in 2026: Government to Rajya SabhaIndia's space sector has seen significant growth since private players entered in 2020. Over 400 space start-ups now exist, attracting more...
Chipmaker CXMT debut spotlights China's state-funded path to tech powerChipmaker CXMT's significant IPO showcases China's state-led funding model for strategic technology. Hefei city investors hold a substantia...
Bandhan Bank lowers return on assets projection to 1.2-1.4%, stock price continues to tumbleBandhan Bank has lowered its FY27 exit return on assets (RoA) guidance to 1.2%-1.4% from 1.6%-1.8%, citing higher technology spending and u...