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Sensex, Nifty climb in early trade on buying in IT, bank stocks

Equity benchmark indices rallied in early trade on Tuesday amid buying in IT and bank stocks along …

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3 mins read

Nifty, Sensex open with gain: experts note reduction of geopolitical risks on markets

On Monday, the stock markets started the week cautiously, with both indices showing small gains. Th…

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Nifty Sensex breaks five-session losing trend, experts predict positive outlook this week

On Monday, the Indian stock market got off to a great start, following the positive trend in market…

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HCL Tech Q1 results: Company reports better than expected results, revenue jumps 6.7% YoY

In FY25, the company expects its revenue growth to be in the range of 3-5% on a year-over-year basi…

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Weeks after EY tragedy, engineer succumbs to cardiac arrest in HCL's Nagpur office

While initial reports point to cardiac arrest, further investigation is ongoing to clarify the circ…

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India plans repairability index for mobile, electronics to tackle e-waste

The Consumer Affairs Ministry is spearheading the initiative, which will provide a score on key par…

PTI   


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Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead

LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …

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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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1 min read

HCL Tech Q3 net profit up 6.2% to Rs 4,350 cr

IT company HCL Tech reported a 6.2 per cent increase in consolidated net profit at Rs 4,350 crore, …

PTI   


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Hiring in the IT sector plunges by 66% in FY23

Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…

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New record: Sensex breaches 73,000 level for first time; Nifty goes past 22k mark

Benchmark equity indices, the Nifty and the Sensex, hit record peaks in early trade on Monday, with…

PTI   


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TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season

India’s bellwether IT companies TCS and Infosys are all set to kick off the Q4 earnings season next…

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HCL Tech cuts FY24 revenue growth guidance to 5-6%

IT company HCL Technologies on Thursday posted a 9.9 per cent increase in consolidated net profit t…

PTI   


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IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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Markets climb in early trade on firm global trends; extend winning momentum to 3rd day running

​​Benchmark equity indices continued their winning momentum for the third day running on Tuesday am…

PTI   


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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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1 min read

HCL Q1 net profit rises 7% YoY on back of new order wins

On a quarter-on-quarter basis, the net profit fell 11 per cent, when compared to Rs 3,983 crore ear…

PTI   


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4 mins read

Amid risks of a slowdown, these IT companies are best placed to survive the storm

Slowdown concerns and cost-reduction mandates of clients figured in the commentary of Indian IT com…

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HCLTech to acquire German e-mobility tech provider for about ₹2,300 cr

HCL Technologies has signed a definitive agreement to acquire 100 per cent stake in ASAP Group, a G…

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HCL Tech’s net profit rises 6.3% sequentially, company increases FY23 revenue guidance

Noida-based IT company HCL Technologies today reported a 6.2% increase in the second quarter net pr…