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LTIMINDTREE STOCK CRASH
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...
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...
Mutual funds reduce investments in IT stocks in February, weight slips to 8 year lowMutual funds reduced exposure to IT stocks in February, with the sector’s weight in portfolios falling to an eight-year low of 6.9%, accord...
Nifty IT hurtles toward historic 8-week bloodbath: AI death knell or ultimate bear trap?Indian IT stocks are experiencing an unprecedented losing streak. This has wiped out significant market value and ignited a debate about ar...
IT stock crash wipes out Rs 1.2 lakh crore for LIC & mutual funds in bloodbath not seen since 2008India's top financial institutions, LIC and mutual funds, have suffered significant losses as the Nifty IT index plunged 21%. Fears of AI d...
Gainers & Losers: LTIM, TAC Infosec among 7 big movers on TuesdayIndian benchmarks tumbled Tuesday as IT, auto and banking stocks dragged indices lower. Select stocks saw sharp moves amid AI-driven disrup...
- Infosys, Wipro shares in focus as US-listed ADRs extend losses, down over 3%. What’s happening?
Indian IT stocks, including Wipro and Infosys, experienced significant declines following the launch of an AI tool by Anthropic capable of ...
AI is the pin popping SaaS inflated balloon: Zoho founder Sridhar Vembu on Anthropic shockZoho founder Sridhar Vembu has warned that AI is bursting the “inflated” SaaS bubble, as automation threatens core coding and professional ...
IT stocks hit decade-high 3.2% dividend yield as FIIs flee. Should you buy TCS, Infosys, Wipro before Q1 results?Indian IT stocks are trading at a decade-high 3.2% dividend yield amid a sharp drop in FII holdings, setting up a possible contrarian bet a...
IT stocks fall amid recession fearsAmong blue-chip stocks, shares of Infosys dropped 3.75%, HCL Technologies declined 3.27%, Tech Mahindra (2.47%), LTIMindtree (1.72%), Wipro...
IT stocks fall from peaks: What's behind the decline?Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra.
TCS, Infosys and other IT stocks fall up to 6% amid fears of trade war, slowing US economyTCS Share Price: The Nifty IT index fell by more than 4%, led by a nearly 6% drop in Tech Mahindra. Mphasis, Persistent Systems, Wipro, LTI...
LTIMindtree, Wipro, and other IT stocks crack up to 5% amid Powell's indication of slower rate cutsIT stocks came under pressure on Monday after US Federal Chair Jerome Powell’s comments suggesting a slowdown in interest rate cuts. Powell...
Bloodbath on Street: Tata Tech among 353 stocks at 52-week lows, crash up to 20%Veritas Advertising and Bodhi Tree Multimedia topped the list with each falling 20% to Rs 170.30 and Rs 11.7, respectively, to hit their ne...
LTIMindtree shares drop 2.5% after disappointing Q4 results. Should you buy?On Thursday, shares of the IT service company LTIMindtree dipped 2.5% to touch the day's low at Rs 4,611 on the BSE, as the company's Q4 re...
LTIMindtree shares tumble 10% on weak Q3 earnings, ratings downgrades. How to trade now?IT services company LTIMindtree's stock tanked 10% following lower-than-expected Q3 earnings. CLSA downgraded the stock to Sell, while Kota...
Infosys posts biggest fall since Covid selloff, leads plunge in IT countersThe NSE IT index dropped 4.7% to its lowest in two years, while the Nifty fell 0.7%. Analysts are recommending investors to postpone purcha...
Track Record: Infosys shares log worst single-day loss since 2019Shares of Infosys fell by up to 12.2% on BSE and experienced its worst single-day fall since 2019 amid lower-than-expected quarterly number...
IT stocks in focus ahead of Q3 results. Which ones to buy and sell?Amid concerns around margins and growth outlook, at least 3 IT stocks - Wipro, LTIMindtree and Tech Mahindra - are down over 40% in the las...