Nifty IT index remains under pressure as Citi flags weak growth, expensive valuations, and macroeconomic headwinds. TCS, ...
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India Today on MSNTCS, Infosys, HCLTech: Why major IT stocks are falling todayShares of TCS and Infosys dropped 2%, while other IT names like HCLTech, Tech Mahindra, LTIMindtree, and Coforge also traded ...
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Sentiments were also negative ahead of US Fed's Federal Open Market Committee (FOMC) set to announce its policy rates today.
Shares of Infosys have fallen over 21% from their December high of ₹2,006.80, reducing its valuation premium over other large ...
Hexaware Technologies, which had delisted in 2020, went public again. In the runup to the relisting, the company has ...
India's IT sector experienced nearly a 2% decline, influenced by a significant drop in U.S. technology stocks. All major ...
Infosys Ltd (12.74%), HCL Technologies (14.42%), Wipro (12%), Tech Mahindra (14.45%), Mphasis (20.72%) and Coforge (15.42%) ...
While salary hikes in the IT sector are still relatively high compared to other industries, the shift in stance by companies ...
Wipro Ltd and Infosys Ltd led the fresh selloff in IT shares ... MOFSL said LTIMindtree and TCS remained its preferred picks for their risk-reward balance. Among midcaps, it retained preference ...
The country’s top five software services companies, including Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies ...
The selloff comes as worries about a US recession intensify, with the Federal Reserve’s ongoing monetary policy meeting ...
Infosys offered salary hikes of 5%-7% this year, down from 7%-9% in FY24 and 10.5% in FY22. TCS plans to provide hikes of 4%-8% in March, lower than the 9% it offered in FY24. Wipro implemented ...
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