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India's IT stocks head for worst day in four months; TCS plunges 9%
June 3 : India's information technology stocks were headed for their biggest single-day drop in over four months on Wednesday as investors assessed the impact of AI on demand for traditional software services.The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its worst day s
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economictimes.indiatimes.com
Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?
Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector…
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thehindubusinessline.com
IT rally cushions markets as Nifty slips back into consolidation zone by midday
Tech Mahindra, Infosys, TCS, HCL Technologies and Coal India were the major gainer for the morning; IT stocks dominated the gainers’ list and provided the primary buffer against…
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timesofindia.indiatimes.com
IT stocks rally: Why are Infosys, TCS and Tech Mahindra shares surging despite AI disruption fears?
IT stocks staged a sharp rebound on Monday, with shares of Infosys, TCS, Tech Mahindra and Persistent Systems climbing up to 5% as investors returned to the sector after months of…
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IT stocks rally as AI deals, valuations draw investors
Indian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since April 23. This rally was driven by…
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IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weakness
Indian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This rebound follows an earlier sell-off…
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TCS shares soar 7%, up nearly 10% in just two sessions! What are technical charts indicating?
TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of underperformance. The rally was driven by…
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IT stocks recovery arrests Sensex, Nifty slide
IT stocks lead recovery in Indian markets, reversing losses despite geopolitical tensions and foreign selling pressures.
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Nifty IT logs best run in a year at 4%; TCS, Infosys lead way
Indian IT stocks surged for a third consecutive day. The Nifty IT index saw its largest single-day gain in a year. This rally is supported by improving global software sentiment…
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TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages…
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IT stocks tumble: TCS logs biggest single-day fall, Nifty IT slides 5%
TCS experiences its largest single-day decline as IT stocks plummet, with the Nifty IT index dropping nearly 5%.
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channelnewsasia.com
India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt…
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India's IT stocks head for worst day in four months; TCS plunges 9%
June 3 : India's information technology stocks were headed for their biggest single-day drop in over four months on Wednesday as investors assessed the impact of AI on demand for…
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m.economictimes.com
TCS shares crash 8%, log worst single-day fall since historic COVID plunge. More pain ahead?
Tata Consultancy Services (TCS) shares experienced their steepest single-day drop since March 2020, plummeting over 8% on Wednesday. This significant decline erased recent gains,…
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TCS shares crash 9%, set to record worst single-day fall since historic COVID plunge. More pain ahead?
TCS shares plunged over 9% on Wednesday, putting the stock on track for its worst single-day fall since the COVID-led market crash of 2020. Technical analysts warn that a breach…
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thehindu.com
Sensex drops over 300 points dragged by IT firms, spike in oil prices
Stock markets decline sharply as Sensex falls over 300 points, led by IT sell-offs and rising oil prices.