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SUMIT POKHARNA
Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...- IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
- IT takes D-St on a tumble, AI fears pop up on HCL Q4 missIndian IT stocks experienced a significant decline on Wednesday. This sell-off was triggered by HCL Technologies' disappointing fourth-quar...
- Qatar halts output: LNG firms tank 5-10% on supply concernsLiquefied natural gas company shares are falling sharply. Qatar, a major gas supplier to India, has stopped production. This follows an Ira...
- Infosys-Anthropic tie-up signals AI growth opportunities, not market disruption: Sumit PokharnaInfosys and Anthropic's AI partnership is generating buzz. Experts caution investors to look beyond the hype and focus on fundamental value...
- Policy uncertainty, AI-led disruption slowing IT contract renewalsSectors in which revenue is more sensitive to changes in global markets and policies, for instance, manufacturing, oil and gas and retail, ...
- IT stocks surge as Trump signals progress in US-India trade talksIT stocks surged following positive comments from Donald Trump regarding US-India trade negotiations, easing concerns about potential tarif...
- Accenture guidance spooks D-Street, investors trim IT betsAccenture's lowered revenue growth guidance triggered a sell-off in Indian IT stocks, with the Nifty IT index falling 1.5%. Investors are c...
- Shares of OMCs fall, upstream oil cos gain on crude reboundHeightened US-Iran tensions drove up global crude prices, impacting Indian markets. HPCL and BPCL shares fell 4-6% due to anticipated press...
- IT stocks rise as bears cover shorts, with a new outlookThe Nifty IT index shot up 4.3% - posting its biggest single-day gain in 10 months. HCL surged 7.74%, followed by Coforge, Oracle Financial...
- City gas cos' stocks in the red as govt cuts APM quotasIGL plunged 19.8% to ₹325, its lowest closing since March 2020. MGL tumbled 13.8% to ₹1,130.55, the lowest closing since June 2023. Gujarat...
- Don's return brings cheer to IT, but euphoria may be short-livedIndian IT companies saw their stocks surge following Donald Trump's presidential election victory. The rally was fueled by optimism surroun...
- TCS in for some bounce after a good Q4 show"While the revenue was lower than our expectations, the margin improvement and deal wins remained robust, driven by better utilisation of r...
- Accenture's revenue outlook cut sends IT stocks crashingInvestors reduced IT shares post Accenture's lowered revenue guidance, impacting Nifty IT, TCS, Infosys, Cyient, Mastek, LatentView, LTI Mi...
- City gas companies stocks tumble on government pricing concernsMahanagar Gas shares plunged 15.4% to close at ₹1,324.7 Wednesday. Indraprastha Gas fell 6.15% and Gujarat Gas declined 6.74%.
- Fundamental Radar: Focusing on these 3 sectors will drive multi-year growth for CyientCyient is betting big on aerospace, defense and communication segments, and Kotak Equities believes the company will be a major beneficiary...
- Indian markets may see FPI revival after worst-ever selloff in 2022- analystsForeign portfolio investors (FPIs) sold 1,219.08 billion rupees ($14.73 billion) worth of Indian equities in 2022, till Dec. 29, the bigges...
- We expect improved earnings for the upstream oil companies: Sumit Pokharna"In crude oil the movement does not happen just because of demand and supply factor."
- Reliance Industries shares surge 3% on optimism over 4G planThe company aims to launch the commercial operations of its telecom business in December 2015.
- Cairn India, ONGC, and Oil India shares fall with global crude crashONGC and Cairn India have also underperformed the BSE Oil & Gas Index, which has slumped 17.5% from its June high this year.
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