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Don’t miss the latest developments in business and finance.
IT stocks plummet as Nomura and JP Morgan raise growth concerns
BSE IT index drops 3.2%; Midcaps see deeper cuts
BSE IT index sheds 4.76% in biggest single-day drop in nearly two years
Infy's weak numbers triggers selloff in other IT shares
Nifty50 breaches 18,000-mark for the first time; IT disappoints
The Sensex rose 77 points, or 0.13 per cent, to close at a fresh lifetime high of 60,136
IT shares in focus; KPIT, L&T Technology, Mindtree hit record highs
The $1.9 trillion Covid relief bill stimulus, if passed, will boost the US economy and will, in turn, positively impact the IT industry, ICICI Securities said in a note
HCL Tech surprises street with strong revenue outlook, robust deal book
Demand to improve as IT spending is expected to increase across sectors
Tech Mahindra surges over 5% after securing multi-year deal with AT&T
With this deal, TechM will assume management of many of the applications which support AT&T's network and shared systems.
IT rally may pause after recent run-up, investors need to analyse bottom-up
A bottom-up bet on stocks of companies proactive in digital and other new technology areas could still pay off
IT index may underperform broader markets
The IT index has traditionally been a good hedge when the broad market goes bearish
