Indian IT service providers won't have a breezy 2024
They should ponder if they have adapted sufficiently to a fast-shifting technology landscape. The success of Accentures Song unit has lessons for them.
Source: livemint.com
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Mcap of 6 of top-10 most valued firms decline by Rs 57,408 cr; TCS, HDFC Bank major laggards
The combined market valuation of six of the top-10 most valued firms declined Rs 57,408.22 crore last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in-line with muted trends in equities.
India General Bharti Airtel Life Insurance Corporation Of India Reliance Industries Tata Consultancy Services Hindustan Unilever
Source: indiatimes.com
MCap of 6 leading firms in top 10 sees ₹57,408 crore dip; TCS, HDFC Bank worst hit
Reliance Industries remains the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Infosys, and Hindustan Unilever.
India General Bharti Airtel Life Insurance Corporation Of India Reliance Industries State Bank Insurance Corporation
Source: livemint.com
IT companies: IT companies expected to report soft Q3 as higher furloughs to weigh on revenue growth
Tata Consultancy Services (TCS) and Infosys will declare their Q3FY24 report card on January 11 (Thursday) and Wipro and HCL Technologies on January 12 (Friday).
Motilal Oswal Motilal Oswal Financial Services Tata Consultancy Services Northwestern University Offering College Indian School Of Business
Source: indiatimes.com
stock market holidays 2024: BSE, NSE holidays in 2024: Investors to enjoy 4 long weekends in first three months
In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off for investors/traders following a long weekend of Saturday and Sunday.
Source: indiatimes.com
Q3 likely to be last weak quarter, expect revenue growth for Indian IT firms from Q4: BNP Paribas
Indian IT companies may see faster revenue growth starting from Q4FY24 due to a better overall economy and large deal wins, according to BNP Paribas. The firm believes Q3FY24 will be the last quarter of weakness before growth picks up.
Tata Consultancy Services Persistent Systems Tech Mahindra Indian It Companies Q3 Preview It Bnp Paribas
Source: livemint.com
sensex today: Sensex jumps 300 points, reclaims 72K ahead of Q3 earnings season; Nifty above 21,700
From the Sensex stocks, NTPC, Wipro, M&M, UltraTech Cement, and TCS opened in the green, while Nestle, Sun Pharma, Asian Paints, and IndusInd Bank opened in the red.
Source: indiatimes.com
Adani Ports, L&T, TCS top gainers on Nifty50; HDFC Bank, ICICI most active on Jan 5
HDFC Bank, ICICI Bank, Kotak Bank, Infosys and Adani Ports were most active on NSE today, in terms of value.
Source: businesstoday.in
infosys shares: Hot Stocks: UBS upgrades Infosys & downgrades Wipro; JPMorgan upgrades TCS
TCS has a neutral rating, but UBS raised the target price to Rs 4,050 from Rs 3,700 earlier. HCL Technologies has a neutral rating, but the target price was raised to Rs 1,540 from Rs 1,350 earlier.
Source: indiatimes.com
Indian shares open higher after two days of fall
Markets News: India's benchmark indices On Thursday opened on a higher note, displaying a modest recovery from the nearly record-breaking highs observed in the two .
Source: indiatimes.com