Infosys completes acquisition of Danske Bank’s IT centre in India; stock down
In June this year, Infosys signed a deal to acquire Danske Bank’s IT centre in India, where over 1,400 professionals are employed.
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Sensex falls 923 points to slip below 67K; five factors behind market crash
The sell-off in the equity market was triggered by weakness in index heavyweights such as Infosys, TCS, HCL Technologies, RIL, and HUL as well as bearish global cues.
Should you buy, sell or hold Wipro shares post Q1 results?
Brokerages have turned bearish on the stock after the IT heavyweight reported lower than expected earning in the June quarter.
TCS, HCL Tech shares trade flat ahead of Q1 results; here’s what to expect from IT majors
The IT heavyweights are expected to report weak earnings in June quarter with flattish sequential growth in CC terms due to soft demand outlook with limited large deal ramp ups.
TCS denies involvement of key managerial person in recruitment scam; stock falls 1%
In a clarification to exchanges, TCS said that no key managerial person of the company has been found to be involved in the alleged recruitment scam.
Why IT stocks are under stress despite weak rupee
Shares of TCS, Infosys, Wipro, HCL Technologies, and Tech Mahindra fell up to 2%, in sync with a weak broader market.
IT stocks under stress as JP Morgan reiterates 'negative' stance; Infy, TCS lead fall
The brokerage expects most IT services firms to miss current expectations and placed Infosys, TCS and MphasiS on negative catalyst watch
IT majors TCS, Infosys, Wipro rise on robust Q4 from peer HCL Tech
HCL Tech shares climbed over 3% in early trade, whereas TCS, Infosys, and Wipro gained nearly 1% on the BSE.
Infosys shares extend fall post Q4; should you buy or sell?
The IT heavyweight has fallen 11% in two of three trading sessions post Q4 results, while it lost ₹62,477 crore in market valuation during the same period.
Infosys stock rises as Q3 beats estimates; HCL falls 3% on cutting guidance
The BSE IT index witnessed broad-based selling, with most of sectoral heavyweights such as TCS, Wipro, HCL Tech, and LTIMindtree reeling under selling pressure.
