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infosys

Tata Power Emerges as One of the Top 3 Stock Ideas for the Following Week, According to Kunal Shah

by Craig Fedirighi
Tata Power Emerges as One of the Top 3 Stock Ideas for the Following Week, According to Kunal Shah

Even though the market undertone is neither bullish nor bearish, Tata Power, LIC Housing Finance and NCC are 3 stock ideas from Kunal Shah, Senior Technical & Derivatives Analyst at …

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Categories Business

Sensex Plummets by 440 Points as Nifty Struggles at 19,650

by Craig Fedirighi
Sensex Plummets by 440 Points as Nifty Struggles at 19,650

MUMBAI: Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure on Thursday as investors pared exposure to bellwether stocks HDFC Bank, M&M, Nestle and Reliance Industries amid a …

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Categories Business

Highest Bearish Bets on Infosys Share Price Since 2017 Recorded

by Craig Fedirighi
Highest Bearish Bets on Infosys Share Price Since 2017 Recorded

Recession fears have driven analysts to their most bearish on Indian information-technology sector bellwether Infosys Ltd. since uncertainties surrounding Brexit rocked the more than $200 billion sector six years ago. …

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Categories Business

Top FII Sells in Q1: Rs 9,000 Crore in Sell-Off! Infosys and Tech Mahindra Lead FII Disfavor List

by Craig Fedirighi
Top FII Sells in Q1: Rs 9,000 Crore in Sell-Off! Infosys and Tech Mahindra Lead FII Disfavor List

Much before Infosys disappointed the Street with a sharp cut in FY24 revenue growth guidance to 1-3.5% from 4-7%, foreign institutional investors or FIIs had already pared stake in the …

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Categories Business

Nifty50: 10 Key Factors Shaping Tuesday’s D-Street Activity

by Craig Fedirighi
Nifty50: 10 Key Factors Shaping Tuesday’s D-Street Activity

Indian equities ended on a weak note in a volatile trade for the second trading session in a row on Monday. The sharp decline in heavyweights including RIL, ITC, and …

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Categories Business

IT Pulls Down Sensex by 888 Points as Infy Sees a Dive

by Craig Fedirighi
IT Pulls Down Sensex by 888 Points as Infy Sees a Dive

MUMBAI: A sharply lower closing for the tech-heavy Nasdaq index on Thursday, along with heavy selling in Infosys on the back of its drastic cut in revenue growth guidance, pulled …

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Categories Business

Analysts anticipate gradual recovery for IT companies as macroeconomic challenges continue to impact Q1 results

by Craig Fedirighi
Analysts anticipate gradual recovery for IT companies as macroeconomic challenges continue to impact Q1 results

New Delhi, Indian IT services companies are expected to log a muted show in the June quarter with wage hikes keeping margins under pressure amid weak macro overhang, cuts in …

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Categories Business

Monday’s Trade: An Analysis of Infosys, RIL, and ICICI Bank on Charts for Potential Breakout

by Craig Fedirighi
Monday’s Trade: An Analysis of Infosys, RIL, and ICICI Bank on Charts for Potential Breakout

The Indian market snapped a 6-day winning streak and closed lower on Friday as traders preferred to book profits at higher levels. The S&P BSE Sensex fell more than 800 …

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Categories Business

What actions should traders take as Sterling & Wilson Renewable Energy shares surge 27% in just one week?

by Craig Fedirighi
What actions should traders take as Sterling & Wilson Renewable Energy shares surge 27% in just one week?

Following a 27% weekly rally in shares of Sterling & Wilson Renewable Energy last week, Kunal Shah of LKP Securities suggests buying the stock on dips. “The stock has strong …

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Categories Business

Broad-Based Rally Sees 68 Smallcap Stocks Surging with Double-Digit Weekly Returns

by Craig Fedirighi
Broad-Based Rally Sees 68 Smallcap Stocks Surging with Double-Digit Weekly Returns

Equity markets witnessed a broad-based rally during the week, supported by robust macro data and sustained foreign inflows. During the week, as many as 68 smallcap stocks delivered double-digit weekly …

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Categories Business
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