Amid a sell-off in US tech stocks, Indian IT majors such as TCS and Infosys recorded significant losses, raising concerns about potential layoffs and weakened balance sheets.
Market capitalisation of six of the top 10 most-valued firms on the Indian stock market recorded a more than ₹3 trillion drop last week, dragged down by overall bearish trends. Here's what experts eye ...
Nifty50 and BSE Sensex, the equity benchmarks, crashed in trade on Friday amid weak global cues and the continued IT stocks .
Technology industry is in turmoil globally with Nasdaq being down by around 4.7 per cent in the last one month. Nearer home, Nifty IT index has been down by around 8.5 per cent in the last ...
Infosys touched a fresh 52-week low of Rs 1,281.50 on Friday before recovering slightly to close at Rs 1,369. Gupta said that ...
NCDEX teamed up with TCS to support its foray into the equity segment, marking a strategic move to broaden its trading platform capabilities.
The BSE Sensex fell 0.7% to below 83,674 and the NSE Nifty 50 declined 0.65, but managed to close above 25,800.
Benchmark indices Sensex and Nifty ended over a 1% lower on Friday, extending losses for a second straight session as a ...
Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits.
Heavyweights have led the fall, Infosys has dropped more than 6 per cent, while Tata Consultancy Services (TCS) and HCL Technologies are down over 4 per cent each.
The National Commodity and Derivatives Exchange (NCDEX) has partnered with Tata Consultancy Services (TCS) to enter the equity and equity derivatives markets. TCS was chosen after a thorough ...
Shares of Tata Consultancy Services (TCS) and Infosys fell nearly 6% in early trading. This sharp fall pulled the Nifty IT ...