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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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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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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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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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Wall Street is bullish on Meta earnings as analysts eye an AI boost for the tech titan

Analysts are bullish on Meta earnings ahead of the Facebook parent's third-quarter report. BofA nam…

Jennifer Sor   


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Stock market today: Indexes drop as tech shares slide before Apple, Amazon earnings

Indexes fell for a second day on Thursday as investors reacted to the latest tech earnings and dige…

Kelly Cloonan   


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Stock market today: Indexes slide as chipmaker rout drags tech ahead of key earnings

AMD and SMCI dragged chip shares lower on Wednesday. Investors are awaiting more big tech earnings …

Filip De Mott   


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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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Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending

Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …

Kelly Cloonan   


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Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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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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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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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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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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Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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HCL Tech lowers revenue guidance for FY23 to 13.5-14%, Q3 revenue and profit growth beat expectations

Indian IT services company HCL Tech lowered its revenue growth guidance for FY23 to 13.5-14% in con…

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Wipro's first quarter show points to multiple battles ahead

Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…

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Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…

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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…

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IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…