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Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolitical concerns. Profit booking in b...
- Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
- Amit Khurana backs LTIMindtree, OFSS and eClerx as tactical betsAmit Khurana of Dolat Capital has upgraded India's IT sector, citing depressed valuations and rupee depreciation as key drivers. He believe...
- Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
- Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's whyIT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent ...
- 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...
- Mutual funds raise tech exposure in March after 8-year low. Tactical move or trend reversal?Mutual funds raised tech exposure in March after an eight-year low, driven by tactical rebalancing and improved valuations. Experts say glo...
- Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's whyIT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI ...
- F&O watch: BSE gets Sebi nod to launch BSE Focused IT Index derivativesSecurities and Exchange Board of India approved BSE to launch derivatives on its Focused IT Index, tracking 14 major IT firms. The move com...
- D-Street shows trust in IT resilience, stocks gain ahead of Q4 resultsTraders are exhibiting unexpected confidence in IT stocks ahead of the Q4 results season, cutting bearish bets and initiating long position...
- LTIMindtree shares slip 2% after weak Q4 earnings; Nuvama cuts target priceLTIMindtree Q4 results: In constant currency terms, revenue grew 6% year-on-year in Q4, matching the 6% increase in dollar revenue. However...
- LTIMindtree Q3 Results: Cons PAT falls 7% YoY to Rs 1,085 crore, revenue rises 7%LTIMindtree Q3 Results: Revenue from operations in Q3 FY25 stood at Rs 9,661 crore, a 7.1% increase from Rs 9,017 crore in the same period ...
- LTIMindtree Q2 Results: Net profit falls 2% YoY; dividend declared at Rs 20/ shareLTIMindtree's revenue from operations, meanwhile, jumped 8% to Rs 8,905 crore in the second quarter. The same stood at Rs 8,228 crore in th...
- LTIMindtree shares fall 3%. How to trade latest Nifty entrant after Q1 report card?The IT services company reported a consolidated net profit of Rs 1,151 crore for the quarter ended June, which was higher by 4%, compared w...
- LTIMindtree Q1 Results: PAT rises 4% YoY to Rs 1,151 crore; revenue rises 14%Both profit and revenue were slightly below the estimates. ET Now poll saw the profit figure around Rs 1194 crore, while revenue was seen a...
- LTIMindtree Q3 Results: Profit dips 4.7% YoY on merger costs, holidaysIn terms of geographies, North America grew 19.6% year on year while Europe just reported 0.2% growth. The company said Europe’s underperfo...
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