[ad_1] The benchmark indices extended their winning streak for a second consecutive session on Monday, driven by strength in auto, IT, and metal stocks. Despite an intraday surge of nearly 600 points in the Sensex, profit-booking surfaced at higher levels. By the closing bell, the Sensex had climbed 455.37 points (0.56%), settling at 82,176.45, while…
[ad_1] Small-cap IT stock: Blue Cloud Softech Solutions Ltd announced that the company’s board of directors will meet on Friday, 23 May 2025, at 4 p.m. to discuss many aspects, including the approval of a fundraiser, according to the exchange filing. According to the filing data, the company will finalise an acquisition move outside India…
[ad_1] Infosys ADR Shares: India’s second-largest IT firm, Infosys Ltd’s American Depository Receipt (ADR) shares dropped more than 4 per cent to $15.68 on the New York Stock Exchange (NYSE) after Wall Street opened on Thursday, April 17. The Infosys ADR shares were down over 4 per cent at the US market open to $15.68…
[ad_1] India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already reflecting in…
[ad_1] Infosys shares fell nearly 4 percent on March 12 after Morgan Stanley downgraded its rating on the stock to ‘equal-weight’ from ‘overweight.’ The brokerage cited concerns over slowing growth and valuation pressures, leading it to slash its target price for Infosys to ₹1,740 from ₹2,150. This revision implies a limited upside potential of just…
[ad_1] The Indian information technology (IT) sector has been trying to make a meaningful comeback for a while. The good news is there’s some respite on the horizon at last. The Indian rupee is depreciating against the US dollar and other developed-market currencies, hurt by the ongoing turmoil in global markets. The rupee hit an…
[ad_1] The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the government’s increase in capital…
