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SURENDRA GOYAL ANALYST
India tech giants struggle to shake off $115 billion routIndia's top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectat...- Citi cuts Nifty's target to 27,000 on earnings, macro risks from raging Iran warCiti Research has lowered its year-end Nifty 50 target to 27,000, citing escalating Middle East war risks impacting India's growth and corp...
- Expect market to consolidate; be a buyer on dips: Surendra GoyalSo, it is a lot domestic in nature and that is what in our view is driving the markets more. And even from a flow perspective, it has been ...
- Tech rally in India faces earnings test as growth worries lingerThe NSE Nifty IT Index of 10 software majors has surged about 17% since late October, beating the NSE Nifty 50 index. While the rally was i...
- Budget: Stocks that may get most affected by Nirmala Sitharaman's spending planPrevious budgets have seen Indian equity investors deterred by levies including capital gains taxes and a surcharge -- subsequently rolled ...
- Analysts see ‘tentative’ signs of upturn in India Inc. earnings“Various high-frequency indicators point toward bottoming out of the current demand slump.”
- Midcap shares may be in line for a comebackThe MSCI India Mid-Cap Index has lost 17 per cent in the past two years.
- Rajasthan polls: Minister denied ticket, quits BJP with supportersRebellion is brewing in the BJP after the declaration of the party’s first list of candidates for the December 7 assembly election in Rajas...
- Citi sees bumpy ride for India stocks as it lowers Sensex targetFatigue seems to have set into Indian equities after last year’s rally.
- India Inc profits seen emerging from the shadow of GST, cash banEarnings for three months ended in September will increase 10% from a year ago.
- Will earnings hiccup rob D-St of best-performing market tag?Latest government forecast puts the June-September monsoon season at 98% of normal.
- Tech Mahindra likely to see 3% growth in salesTech Mahindra is expected to post about 3% sequential growth in sales during the July-September period aided by revenues from Satyam.
- TCS likely to post strong growth: Beyond nos, investors eye immigration impactAnalysts expect sales to grow between 3% and 4% for the Mumbai-based company that has been one of the best performers in the industry.
- Phoenix Mills' stock will continue to perform wellPhoenix mills stock has gained nearly 20% in the last two months due to strong earnings growth in the September 2013 quarter.
- UTV Software Communications shareholders expect better delisting offer: ExpertsShareholders of media and entertainment firm UTV Software Communications are expecting a higher offer price from the promoters for delistin...
- Shares of IT companies viz., Infosys, Wipro and HCL Tech takes maximum brunt as investors sweat over US and EU crisisInfosys crashed 5.48%, Patni 4.2%, TCS 2.7%. The sectoral index's fall is more than the 13% fall for the benchmark Sensex.
- Satyam's accounts lack information: AnalystsAnalysts also feel restatement of accounts could take several months and hence the recommendations are qualified.
- Subprime crisis may not affect Indian IT firms: CitigroupIndian IT firms are unlikely to be hit by the US subprime lending crisis as their exposure to clients in the mortgage sector is limited, sa...
- Swiss buy may not add to TCS earnings: AnalystsTata Consultancy Services' proposed acquisition of Switzerland based TKS-Teknosoft is not likely to have any major impact on its earnings, ...
- IT firms set for pre-Diwali bashThe analysts are anticipating an impressive second quarter earnings report card on back of robust business.
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