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Tech Mahindra shares gain 5% after Q2 results. Should you buy, sell or hold the stock?Tech Mahindra share price: Tech Mahindra shares rose after Q2FY27 net profit increased 32.7% year-on-year to Rs 1,586 crore. Nomura retaine...
Wipro shares rise over 2% as Q2 revenue grows 9% YoY. What are Nomura, Goldman Sachs analysts saying?Wipro reported a 9.1% year-on-year rise in Q2FY27 revenue to Rs 24,752.7 crore, while net profit fell 1.9% to Rs 3,201 crore. The IT major ...
Flipkart ex-staff push for Esop buyout; Wipro, Tech Mahindra’s Q2 reportHappy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This and more in today’s ETtech Morning ...
Wipro faces slow recovery as revenue and deal wins lag peersWipro has reported a decline in revenue for the second quarter in a row, contrasting with larger rivals that experienced growth. The total ...
Flipkart’s marketplace revenue falls; Wipro Q2 profit takes a hitFlipkart’s marketplace business sees revenue decline as losses widen. This and more in today’s ETtech Top 5.
Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns ...
Nifty’s 22,200 defence may open the door to 23,600, says Geojit’s Anand JamesNifty’s sharp rebound after defending the 22,200–22,000 support zone could extend towards 23,600, according to Anand James, Chief Market St...
Ashish Kacholia sells over 2 lakh Carysil shares in Q2. How has the stock fared?Ace investor Ashish Kacholia trimmed his stake in Carysil by over 2 lakh shares during the July-September quarter of FY27, reducing his hol...
Trump's bid to curb techies may end up benefiting IndiaTrump’s tightening of H-1B and PERM rules could hurt Indian IT companies in the short term but may also accelerate the shift of more US tec...
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 ...
Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.0...
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...
Goldman Sachs, BNP Paribas divest over 68 lakh BSE shares worth Rs 2,186 crore ahead of Nifty 50 inclusionGoldman Sachs and BNP Paribas divested 68.33 lakh shares of BSE through bulk deals on the NSE. The combined sale amounted to approximately ...
BSE shares rise 2% ahead of Nifty 50 entry tomorrow. Top brokerages share mixed outlookBSE shares rose ahead of their Nifty 50 inclusion, with the move expected to trigger significant passive fund inflows. While Macquarie rema...
BSE set to enter Nifty 50 from tomorrow, IT major Wipro to exit. What shareholders must know?BSE has been included in the Nifty 50 after its six-month average free-float market capitalisation came in at Rs 1,40,879 crore. This is at...
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...
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...
A new army of forward deployed engineers are rewriting the playbook at Indian IT services companiesEveryone wants FDEs, but where are these specialised engineers? IT firms turn to reskilling & adjacent talent pools as FDE demand outpaces ...
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 ...