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US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
HCL Tech shares give Rs 59,000 crore shock in 3 days as stock down 15%. More pain ahead?HCL Tech shares have plunged sharply after weak Q4 earnings and subdued FY27 guidance, triggering multiple broker downgrades and target cut...
Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% ami...
HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
Global Markets | Australian shares close at two-week low, Cochlear crashes 41%Australian stocks hit a two-week low on Wednesday. The S&P/ASX 200 index fell significantly. Cochlear, a major company, saw its shares plum...
Global Markets | European shares rise as investors assess mixed signals on Middle East warEuropean shares edged higher from multi-month lows on Tuesday as investors digested conflicting signals from the ongoing war in the Middl...
European shares edged lower as tech declines outweigh Fed reliefEuropean shares were muted on Thursday, as declines in technology stocks following a weak forecast from U.S. cloud firm Oracle outweighed r...
European shares inch higher, supported by utilities and telecomEuropean stocks edged up on Tuesday, with utilities and telecom firms leading gains as investors awaited updates on U.S. tariff policy that...
European shares fall led by tech stocks, investors digest PMIThe automobile sector led sectoral declines, falling 2.1% to its lowest in nearly a year. The sub-index was dragged by a 4.7% drop in Stell...
China property sector default woes deepen amid Evergrande uncertaintyEvergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group als...
SAP goes all in on cloud, scraps mid-term margin goalsInvestors reacted by dumping shares in Europe's most valuable tech firm, which opened nearly 20% lower in Frankfurt to wipe $35 billion off...
Tech tremors drive European stocks down to three-week lowThe tech sector sank as much as 1.7 per cent, hitting its lowest level since Feb 28 2017.
Crude-Equity relation highest since 1990, fund managers face tough jobThe global equities and crude oil price are moving in lockstep, a rare phenomenon that has made the job of fund managers harder.
Lodestone to be bought by Infosys: Five ways in which the deal will helpWhile it’s still too early to say how Infosys buying Lodestone will play out, there are some immediately visible benefits. We list five of ...
- Moves on to revisit prickly Budget plans
There is recognition in the govt that some controversial measures in the last Union Budget have been equally, if not more, responsible for ...
- Earnings growth fears crush sugar stocks
Sugar stocks slumped, after Shree Renuka Sugars posted a second quarter net loss hit by unrealised foreign exchange losses.
- Sugar stocks crack on output forecast; Bajaj Hindustan, Dhampur Sugar hits 52-week low
Sugar stocks on Monday plunged on reports the sugar output in India may fall short of government and industry estimates
Indian IT companies like MindTree, Infosys, Wipro deny hiring freeze because of US market worries, analysts keep fingers crossedRecruitment agencies and experts tracking IT sector warned that these companies are already going slow on hiring experienced professionals.
- PINC has downgrades its rating on Balrampur Chini
PINC has downgraded its rating on Balrampur Chini Mills to ‘sell’ as it feels that lower cane crushing would impact the company’s profitabi...
- IT players hit, but not a knock-out
The turmoil has analysts rushing to downgrade India's IT sector.