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Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...- 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...
- OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a mass...
- 10 midcap stocks that soared up to 105% in 6 months; check FII and MF holdingsIndia’s midcap stocks outperformed the Nifty 50 over six months, with 10 stocks gaining 50%-105%, alongside notable FII and mutual fund hol...
- Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in Dixon Technologies, OFSS, 30 others in AugustSunil Singhania-backed Abakkus Flexi Cap Fund increased its holdings in 32 stocks during August, including Dixon Technologies, OFSS, NTPC, ...
- OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following ...
- 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...
- Coforge shares double from March low, outperform Nifty IT peers. Is more steam left in the rally?Coforge shares have experienced a remarkable resurgence, doubling since March and leaving its IT competitors behind. The company recently a...
- Udaan to buy Swiggy’s Lynk; India’s BRICS tech pushUdaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.
- 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 ...
- 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 ...
- OFSS shares rally over 9%, mirroring parent Oracle’s surge on cloud boomShares of Oracle Financial Services Software (OFSS) rallied over sharply after parent Oracle’s U.S. stock soared on a blockbuster cloud for...
- OFSS shares gain on delisting rumoursThree other entities hold more than 1% in OFSS – Citigroup Global Mauritius, Mansfield Mauritius and Merrill Lynch Singapore. Together, the...
- Buy OFSS Ltd with a target of Rs 3650: Mitesh Thacker'OFSS Ltd is a 'BUY' call with a target of Rs 3650 and a stop loss of Rs 3524'
- Buy OFSS Ltd with a target of Rs 3510: Sandeep Wagle"OFSS Ltd is a 'BUY' call with a target of 3510 and a stop loss of 3330."
- Buy OFSS with a target of Rs 3435: Sandeep Wagle" OFSS is a 'BUY' call with a target of 3435 and a stop loss of 3340"
- Buy OFSS Ltd with a target of Rs 3,050: Mitesh Thacker"OFSS Ltd is a ‘BUY’ call with a target of Rs 3,050 and a stop loss of Rs 2,815."
- Buy OFSS Ltd with a target of Rs 2,350: Mitesh Thacker"OFSS Ltd is a ‘BUY’ call with a target of Rs 2,950 and a stop loss of Rs 2,815."
- Buy OFSS with a target price of Rs 2850: Sandeep WagleOFSS is a ‘BUY’ call with a target of Rs 2850 and a stop loss of Rs 2630.
- Sell OFSS Ltd with target price of Rs 2595: Sandeep WagleSell OFSS Ltd at a stop of Rs 2815.
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