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The Life Insurance Corporation of India has witnessed a significant dip in the value of its investments in IT stocks over the past two months. Market movements and sectoral volatility contributed to a sharp decline, reflecting broader concerns in the IT space.Market PerformanceThe IT sector, long...
Midcap IT stocks cracked sharply in the stock market today, and this time, the pressure wasn’t limited to large caps. The selling spilled deeper into the broader IT pack.By noon trade, Persistent Systems, Coforge, L&T Technology Services, Tata Elxsi share price were all trading in the red — a...
The IBM share price sent shockwaves across global markets. And in the stock market today, the tremors were clearly visible in Indian IT counters.On February 24, frontline Indian IT stocks fell up to 6%. The trigger? A sharp 13% fall in IBM shares on Wall Street. The reason behind that fall has st...
The AI Summit 2026 in New Delhi was not just another global tech gathering. It turned into a geopolitical and economic moment that could reshape supply chains for years.On Friday, India officially joined the US-led Pax Silica initiative. The signing happened during the AI Summit 2026, followed by...
The stock market today opened with pressure on IT counters. After two straight sessions of gains, Infosys, Persistent Systems, and Wipro saw their share price fall as global tech sentiment turned weak.This wasn’t random profit booking. The trigger came from a fresh global development in the AI sp...
The stock market today saw a sharp turnaround in IT stocks. After weeks of pressure, heavyweights like Infosys, TCS, Wipro, HCL Tech, Tech Mahindra, Persistent Systems, Coforge, and LTI Mindtree share price moved higher.There was one clear reason — dip buying.After correcting nearly 21% from reco...
The Infosys share price was back in focus in the stock market today, rising over 4% and leading a sharp rebound in IT stocks.After days of pressure and an 8.2% weekly slide in the IT index — the worst in 11 months — sentiment suddenly shifted. The trigger? A strategic partnership announcement bet...
The stock market today saw fresh weakness in IT counters.Infosys, TechM, Wipro share price slipped again. This marks the fourth straight session of decline for the sector.The selling pressure is not random. It is driven by rising concerns around artificial intelligence disruption and its impact o...
The stock market today saw another rough session for IT stocks. From TCS and Infosys to Wipro share price, the pressure was visible across the board.The Nifty IT index has now entered its sharpest correction since the 2008 financial crisis. That’s not a small statement. The numbers clearly show h...
The TCS share price came under sharp pressure in the stock market today, sliding more than 5% and hitting a fresh 52-week low of ₹2,752.75 in intra-day trade on Thursday, February 12, 2026.It wasn’t just another weak session.For the first time since December 2020, Tata Consultancy Services (TCS) ...
Market Performance: Nifty IT Index Dips SharplyIndian IT stocks continued their downward trend for the third consecutive session on February 6, 2026. Concerns over the accelerating impact of artificial intelligence on traditional software services drove investors to sell shares across the sector....
The Indian IT sector witnessed a significant sell-off on February 4, with shares of top technology companies tumbling sharply. This sudden drop came in the wake of global AI developments, sparking renewed concerns about rising competition in the software and IT services space.Market Performance: ...
Indian IT stocks came under heavy pressure on February 4 as a global tech selloff weighed on investor sentiment. The trigger came from rising concerns around artificial intelligence increasing competition across software and services, pushing investors to cut exposure to tech stocks worldwide.The...
Shares of India’s top IT companies surged sharply on Tuesday, with the Nifty IT index climbing 6% intra-day to 40,301.4 on the National Stock Exchange (NSE). The rally was led by Tech Mahindra, which hit a record high of ₹1,854, gaining 8% in intra-day trade. Other major IT players such as HCL Te...
Market Performance: Persistent Systems Share Price Under PressureThe stock market today opened with visible pressure on Persistent Systems share price. On Wednesday, January 21, the stock slipped sharply in early trade, reacting to its Q3 results announced a day earlier.Persistent Systems shares ...
The stock market today had a cautious tone, and it showed clearly in the Persistent Systems and SRF share price movement. Both stocks came under pressure after their Q3 FY26 results were announced post-market on January 20.Despite healthy headline numbers, the market response was not kind. Invest...
Market Performance: A Busy Q3 Earnings DayToday, 20 January 2026, the Indian stock markets witness a significant earnings rush. As per the BSE results calendar, a total of 44 companies are set to announce their Q3 results 2026 today. Investors are closely tracking these updates for revenue, EBITD...
The Indian IT sector witnessed marginal declines on December 24, 2025, as shares of leading companies like Coforge, Tech Mahindra, and Wipro recorded losses amid fresh developments in the US H-1B visa framework. Persistent Systems and Infosys also saw slight declines, reflecting broader market se...
The Indian IT sector opened the day on a high note as the rupee touched a fresh record low against the US dollar. The rupee’s decline created a positive environment for IT firms, as a large part of their revenue comes from dollar-denominated contracts.The surge in share prices helped the Nifty IT...
Market PerformanceThe mood in the Indian stock market turned upbeat today as IT stocks staged a sharp recovery. The Nifty IT index surged more than 2%, with every major constituent trading in the green. Gains in frontline technology companies helped the index outperform the broader market, where ...
Market PerformanceThe Nifty IT Index rose over 1% during Tuesday’s morning trade, marking a strong start to the day.Opening Level: 34,589.85 (up from the previous close of 34,544.65)Intraday High: 35,072.50 (gain of more than 1%)Tech Mahindra, Persistent Systems, Coforge, and HCL Technologies sha...
Market PerformanceCoforge share price slipped sharply by 6% to Rs 1,605 on August 8 during afternoon trading. This marks the third drop in four sessions, wiping out over 10% in just four trading days.As of 1:40 PM, the stock was trading at Rs 1,614, registering a 5.2% decline from the previous NS...
Market Performance: Indices Turn Red Amid Global TensionsIndian equity markets saw sharp selling pressure on July 31, with IT, metal, and realty stocks tumbling up to 4%.Sensex fell by 460 points, trading around 81,022Nifty slipped by 141 points, hovering near 24,714Sectoral indices dropped more ...
Market PerformanceIndian equity benchmarks Sensex and Nifty faced a sharp decline on Thursday, July 24, snapping their recent gains.Sensex closed at 82,184.17, down 542 points or 0.66%Nifty 50 ended at 25,062.10, falling 158 points or 0.63%Intraday lows: Sensex touched 82,047 and Nifty hit 25,018...
Market PerformanceCoforge share price ended Wednesday’s session down by 0.7%, closing at ₹1,846.2, despite strong Q1 earnings.Over the past one month, the stock has shown a flat performance, reflecting muted investor sentiment even after upbeat quarterly numbers.Main NewsCoforge Ltd., a leading t...
Market Performance: Nifty IT Index Sees Mild CorrectionOn July 9, IT stocks faced selling pressure as markets prepared for the Q1 earnings season. The broader Nifty IT index declined by 0.5%, hovering near the 38,801 mark in early trade.This dip reflects investor caution ahead of the upcoming Q1 ...
Market OverviewIndian stock markets experienced early morning turbulence on July 7, 2025, as key indices, including the Nifty IT and Nifty Auto, slipped into the red.Nifty IT Index: Hovered around 39,004Nifty Auto Index: Down near 23,949The pressure stemmed from renewed tariff uncertainty surroun...
Market PerformanceIndian IT stocks witnessed a mild pullback on June 18, as the sector snapped its three-day winning streak. The Nifty IT index declined by over 0.5%, slipping into negative territory even as broader market indices—Sensex and Nifty—remained in the green.The index was seen hovering...
Market PerformanceIndian IT stocks took a sharp hit on May 22, mirroring the slump on Wall Street triggered by rising concerns around the US federal deficit.Nifty IT Index dropped by 1.4% in early tradeBroader indices, Sensex and Nifty, also opened in redGlobal markets, including Nikkei 225, Kosp...
Market PerformancePersistent Systems shares witnessed a sharp decline in Thursday's trading session following negative developments at one of its largest US clients, UnitedHealth Group.Intraday, the stock fell 3.59% on the NSE, reaching a low of Rs 5,552It recovered slightly to trade at Rs 5,589....
Market PerformancePersistent Systems’ shares surged 3% in early trading on April 24, 2025, after the company released its Q4 FY25 financial results. Following a robust earnings report, the stock opened strong at ₹5,295 per share.Current Price: ₹5,295Day’s High/Low: ₹5,387.50 / ₹5,241Volume Traded...
Market PerformanceThe Nifty IT index experienced a modest rebound on April 11, rising approximately 1.3% during early trading. This uptick comes after a significant decline of over 10% between April 2 and April 9, triggered by global market concerns. The temporary suspension of tariffs by the Uni...
Market PerformanceThe Nifty IT index gained 3% in early trading on April 8, supported by improved global market sentiment. This upswing followed a positive close for the tech-focused Nasdaq Composite in the United States, which had faced significant selling pressure over the past month. However, ...
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