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it companies: IT gives bears a bull hug: what is driving the rally in tech stocks?

Despite muted earnings in the previous quarter and little expectations of major recovery in the next quarter, what is driving the rally in tech stocks? The answer lies in FY25, on which everyone is pinning their hopes. ....

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it stocks: IT gives bears a bull hug! - The Economic Times

Despite muted earnings in the previous quarter and little expectations of major recovery in the next quarter, what is driving the rally in tech stocks? The answer lies in FY25, on which everyone is pinning their hopes, decode Beena Parmar and Romita Majumdar. ....

United Kingdom , United States , Saurabh Govil , Phil Fersht , Milind Lakkad , Kunal Purohit , Infosys Parekh , Peter Bendor Samuel , Prateek Aggarwal , Salil Parekh , Jatin Dalal , Nilanjan Roy , Sumit Pokharna , Thierry Delaporte , Debashis Chatterjee , Everest Group , Tata Consultancy Services , Hfs Research Fersht , Hfs Research , Federal Reserve , Tata Group , Nuvama Institutional , North America , Tech Mahindra , It Stocks , Markets News ,

Mcap of five of top-10 most valued firms erode by Rs 1.67 lakh crore; HDFC Bank biggest laggard

While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever and State Bank of India faced erosion in their valuation, ICICI Bank, Infosys, Bharti Airtel, Life Insurance Corporation of India (LIC) and ITC were the gainers in the top-10 pack. ....

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View: Make best use of this pitstop

Nirmala Sitharaman has done excellent expectation management by announcing that significant changes will come in the full budget, which will be held after the general elections, rather than in the interim one. However, the robust tax collections and a growing economy would require the finance minister to continue promoting policies conducive to the country s growth and make further changes to facilitate ease of doing business in India. ....

Nirmala Sitharaman , Income Tax Appellate Tribunal , Interim Budget , Tax Collections , Direct Taxes , Record High Levels , Fastest Growing Large Economy , Expectation Management , Full Budget , General Elections ,

Tech firms' temp worker costs dip as demand falls

Tata Consultancy Services, Infosys, HCL Technologies, and Wipro have all seen a decrease in sub-contractor expenses as a percentage of revenue, signaling improved profitability. These costs had surged during the pandemic but have now fallen below or near pre-outbreak levels. ....

Omkar Tanksale , Rituparna Chakraborty , Hcl Tech ,