IT stocks: Shares of IT stocks including Infosys, Tata Consultancy Services (TCS), Wipro, and other technology stocks slid again on Monday, February 16, marking the fourth straight session of losses for the sector as concerns over artificial intelligence-led disruption continued to weigh on investor sentiment. The Nifty IT index slipped 1.1% in intraday trade. Over…
Indian IT stocks remained under heavy pressure on Friday, extending losses for a third consecutive session as selling intensified across the sector amid concerns regarding AI-led disruptions. The pressure was further aided by fading expectations of a near-term interest rate cut by the US Federal Reserve after stronger-than-expected labor market data. The Nifty IT index…
All the shares of the index closed in the red. Infosys shares fell the most by 7.5 percent, making it the top loser of the day. Shares of sector giant Tata Consultancy Services declined by about 6 percent. At the same time, shares of HCL Technologies fell by 5.5 percent. Shares of Wipro and Tech…
Infosys, Tata Consultancy Services, Wipro, HCL Technologies and other IT stocks are likely to remain under pressure on Friday after witnessing a sharp sell-off in the previous session. Concerns around Artificial Intelligence (AI)-led disruption and weak sentiment across global technology stocks continue to weigh on the sector. The Nifty IT Index plunged 5.5% in the…
Indian IT stocks bled on Wednesday, February 4, tracking a selloff in US tech shares and concerns over new AI tools launched by Anthropic. The tools can automate tasks in legal, compliance, marketing, and data analysis—segments where IT services firms generate steady revenues. A stronger Indian Rupee added pressure, as it typically weighs on margins…
US Stock Market Today LIVE: The benchmark US stock market indices, Dow Jones and the S&P 500, are set to open higher, while the Nasdaq is expected to fall as investors avoid big bets on software and cloud stocks after a massive selloff on Tuesday’s market session, according to a reuters report. The technology stocks’…
IT Stocks Crash: The IT sector brought a big shock for investors in the stock market on Wednesday morning. In early trade, benchmark indices Sensex and Nifty were trading in the green with mild fluctuations. At the same time, Nifty IT was down by about 6.10 percent in the sectoral index on Nifty. All the…
IT stocks crash: Indian IT stocks, including tech behemoths like Tata Consultancy Services, Infosys and Wipro, fell like ninepins in the early morning trade on Wednesday, February 4, tracking an overnight decline in tech stocks on Wall Street amid concerns that artificial intelligence could intensify competition. The recently updated artificial intelligence (AI) chatbot by Anthropic…
IT stocks surged on Tuesday amid a broader rally in the Indian stock market today after US President Donald Trump announced that India and the United States have reached a trade agreement. As part of the deal, reciprocal tariffs on Indian goods will be reduced to 18%, a sharp cut from the earlier proposed 50%,…
Infosys share price jumped over 5% in early trade on Friday after the IT services major reported its Q3 results. Infosys shares rallied as much as 5.20% to ₹1,682.25 apiece on the BSE. The gains in Infosys shares came after the second largest IT services exporter in India, reported a steady quarter amid a cautious…
