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Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%

The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.

PTI   


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Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts

Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …

PTI   


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TCS shares climb over 3% after earnings announcement; Market valuation jumps Rs 40,360 crore

Shares of TCS on Friday climbed over 3 per cent after the country's largest IT services player repo…

PTI   


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Infosys is keen on more acquisitions, says CEO Salil Parekh

Infosys is considering further acquisitions in data analytics and SAAS areas, with potential target…

PTI   


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Infosys delays onboarding of 2,000 graduates for more than 2 years, NITES files complaint

The Nascent Information Technology Employees Senate (NITES) lodged a complaint against Infosys for …

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3 mins read

Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers

Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…

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Markets climb in early deals on buying in IT stocks after TCS earnings

Equity benchmark indices rallied in early trade on Friday amid buying in IT stocks after TCS announ…

PTI   


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As earnings season begins, major companies' performance reports to decide market movement in coming days

The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…

ANI   


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Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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Tech stocks zoom despite tough times ahead as TCS meets street estimates

Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…

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Sensex, Nifty slide in Friday morning trade; IT earnings see mixed response

​​Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points…

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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7 mins read

Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares

India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…

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3 mins read

TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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7 mins read

Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations

Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…

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Nifty, Sensex trade flat in morning trade as street awaits Fed announcement, big earnings

The Sensex and the Nifty traded on a flat note on Tuesday morning as investors remained on the side…

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3 mins read

Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies

$NIFTYIT.NSE Sector at support Recovery should come in the sector with the positive results from $I…

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3 mins read

Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24

Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second qua…

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5 mins read

Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback

Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…