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Nifty rally faces crucial test at key resistance levels: AnalystsNifty gained 3% last week, forming a higher-top and higher-bottom structure, indicating bullish sentiment. Analysts suggest it must breach ...- Nifty Outlook: Can bulls sustain recovery after 8-week losing streak?Nifty's recent recovery has generated optimism, but a sustained close above key resistance is crucial for further gains. Analysts suggest a...
- Explained: Why IT stocks ignored Donald Trump’s PERM suspension to gain Rs 70,000 crore in one dayIT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification ...
- TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?IT stocks rebounded on Wednesday, with TCS, Wipro and Coforge snapping an eight-session losing streak. The Nifty IT index rose nearly 3%, a...
- Coforge shares fall over 3%. What are Jefferies, Emkay saying after Chairman, independent director exit?Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising co...
- Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentimentIndian IT stocks rallied up to 6% after calls from Anthropic and OpenAI leaders for a slower pace of AI development eased fears of disrupti...
- Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
- Coforge shares rise 2% as Nuvama, other brokerages say concerns around Chairman's resignation are overdoneCoforge shares recovered after brokerages retained Buy calls, saying concerns over Chairman Om Prakash Bhatt’s resignation are overdone. Nu...
- Coforge shares crash 9% after Chairman Om Prakash Bhatt resigns post auditCoforge shares fell after Chairperson Om Prakash Bhatt resigned. An internal audit identified concerns regarding the board evaluation proce...
- Nifty’s next rally needs two battered warhorses to wake up. Which one will revive first?For a continued uptrend, India's Nifty index relies heavily on the resurgence of the banking and IT sectors. Banks are poised for a quicker...
- SaaS is beating the ‘SaaSpocalypse’! CLSA explains what AI means for Indian IT stocksCLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are g...
- Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's whyIndian IT stocks dropped on Monday as stronger-than-expected US jobs data revived concerns over a September Federal Reserve rate hike. The ...
- Coforge’s strong order book and execution point to better margins and growthCoforge shares have surged ahead, outperforming the IT index with remarkable strength. The company's performance during the June quarter hi...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities rebounded on Friday, with strong gains in heavyweight IT stocks lifting the Sensex and Nifty after two consecutive sessions...
- HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?Indian IT stocks surged sharply, led by gains in largecap names, after Nvidia’s strong results and upbeat revenue outlook revived optimism ...
- IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
- Strong Q1 results spark stock-picking rush: 50 top ideas for investors to buyThe impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking avenues. Investors are encouraged t...
- Cash-rich IT firms turn to debt for acquisitions, buybacksIndian technology firms are increasingly leveraging borrowed funds for acquisitions and share buybacks to elevate revenues and align with i...
- Lone warriors! How two mid-tier tech stocks rewarded investors in Rs 10 lakh crore IT crash this yearIndian IT stocks have seen significant value erosion this year. However, Coforge and LTM have shown resilience and growth. These companies ...
- Buy Coforge, target price Rs 4510: IIFLPromoters held 39.99 per cent stake in the company as of 31-Dec-2022, while FIIs owned 21.3 per cent, DIIs 26.73 per cent.
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