JP Morgan downgrades Indian IT sector on margin, revenue concerns
The agency has downgraded TCS, HCL Tech, Wipro, and L&T Tech, but maintained an overweight rating on Infosys, Mphasis, and Tech Mahindra with reduced target prices.
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HCL Tech shares jump on robust Q4; analysts maintain ‘buy’ call
Most analysts have maintained "buy" calls on HCL Technologies after its net profit more than tripled in Q4 FY22.
HCL Tech Q4 profit rises to ₹3,593 crore
Revenue from operations stood at ₹22,597 crore, from ₹19,641 crore a year ago, while EBITDA decreased to ₹5,053 crore from ₹5,276 crore.
Sensex, Nifty to open higher; HCL Tech, Nestle India, Future Retail, Tata Steel, IndiGo shares eyed
The Sensex and Nifty are set to open higher on Thursday, mirroring gains in Asian markets and positive trends at SGX Nifty futures.
Q4 earnings preview: IT sector growth to moderate in March quarter
Q4 results: IT giants TCS, Infosys, and Wipro are expected to report moderate growth in revenue during the December quarter due to continued higher employee expenses.
Sensex, Nifty to open in green; HCL Tech, Tata Steel, Ruchi Soya, Wipro, Tata Power shares in focus
The BSE Sensex and the NSE Nifty are set to rise at the open on Tuesday, following strong cues from Asian peers and firm trends on the SGX Nifty futures.
Buzzing stocks: SBI, Infosys, TCS, Axis Bank, HCL Tech, Adani Power shares to be in focus
The trending stocks such as State Bank of India, Tata Consultancy Services, Axis Bank, HCL Tech, Infosys, and others are likely to be in focus on Wednesday.
Why TCS, Infosys, HCL Tech, Mindtree shares are bucking trends at Dalal Street?
Shares of TCS, Infosys, Mindtree, Birlasoft, L&T Infotech, Tech Mahindra, HCL Technologies gained up to 5% on the BSE in intraday trade.
Sensex, Nifty to open higher; Infosys, HCL Tech, Vedanta, UPL, NMDC shares eyed
The Sensex and the Nifty are seen opening higher on Thursday, tracking gains in Asian markets and on Wall Street overnight amid easing of U.S. interest rate fears.
Market snaps 3-day rally, Sensex ends 773 pts lower; Tech Mahindra, Infy, HCL Tech drop over 2%
Ending the gaining streak of three sessions, the BSE Sensex and the NSE Nifty closed 1.3% lower each on Friday, led by strong selling across IT and tech space.
