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Loading... recession? 6 market bugs crash IT stocks, Rs 88,000 crore deletedIndia’s IT sector is facing significant challenges as stocks have plummeted due to recession fears in the US, AI competition, and valuation...
How will a victory for Trump impact Indian IT sector? Moshe Katri answersSo, I think you will probably see a divergence in their performances just given the fact that some companies are specifically focused on di...
IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signalsIndian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong dema...
Sequoia India & SEA split from US, renamed Peak XV; Byju’s misses $40m loan payment, sues lenderHappy Hump Day! Silicon Valley’s blue-chip fund Sequoia Capital has parted ways with its India and China partnerships. This and more in tod...
SaaS, digital firms’ projections indicate weak Q1 for Indian IT firmsAnalysts though expect the demand to revive in the second half of 2023-24 as deal pipelines remain strong and there would be additional bus...
IT index records worst fall in 2 monthsEPAM cut its sales growth guidance for 2023 by an unexpected 500 basis points citing a slowdown in discretionary spending. The company now ...
IT stocks fall over 5%. What triggered this decline?The Nifty IT index fell by 2.48% as all 10 constituents saw their stock prices drop following US firm EPAM's guidance cut. The firm cut its...
Forex gains may bring significant earnings upgrades for IT stocksTCS has seen a 3 per cent jump in its EPS estimates in the past four weeks.
Should you bet on IT stocks after Accenture's solid show in Q3? Experts’ takeIf the rupee bleeds further, information technology companies will surely benefit.