Sensex, Nifty open higher as crude oil falls 2%
Indian stock benchmarks started the week marginally higher on Monday as crude oil prices fell 2%, but early gains faded on concerns over US sanctions on Iran and tight liquidity. The Sensex…
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Sensex gains over 200 points, Nifty tops 24,300 amid global caution
Indian benchmark indices opened higher on Monday, with the Sensex gaining over 200 points and the Nifty crossing 24,300, despite weak global cues and elevated crude oil prices. The Sensex rose 233.79…
JNTUK VC urges engineers to become entrepreneurs
Engineering graduates should aim to become entrepreneurs rather than just job seekers, said JNTUK Vice-Chancellor Prof. C.S.R.K. Prasad at the third Graduation Day of KITS in Vinjanampadu near Guntur on Saturday.
AI drives nearly half of Indian IT M&A deals in two fiscals
Nearly half of the mergers and acquisitions by Indian IT companies in the past two financial years were driven by the need to acquire AI and allied capabilities, according to a Crisil…
IT stocks fall on H-1B concerns, broker downgrades
TCS, Infosys, and LTM shares fell after the US H-1B fee proposal cleared a White House review, and brokerages downgraded the stocks. The Nifty IT index dipped 1% on Friday, and was…
Nilekani to overhaul exam system after paper leak crisis
Nandan Nilekani, former Infosys CEO, is leading a government task force to reform India's examination system after widespread paper leaks triggered nationwide protests and a political crisis, according to indexbox.io. The crisis…
Nifty IT jumps 2% as Infosys, Coforge lead broad rally
All 10 stocks in the Nifty IT index traded in the green early Friday, pushing the sectoral index up 2% in opening trade. Coforge rose over 3%, while Infosys gained more than…
CLSA upgrades midcap IT stocks Persistent, Coforge, downgrades TCS Infosys
Brokerage CLSA has retained a High Conviction Outperform rating on Persistent Systems and Coforge, naming them as its top picks in the Indian IT sector. Persistent shares rose as much as 2.47%…
Adani Enterprises, Axis Bank lead gainers, Infosys falls
Indian equities saw divergent moves on Thursday, with Adani Enterprises, Axis Bank and Mahindra & Mahindra posting strong gains while Infosys, Bharti Airtel and Asian Paints fell sharply, according to NDTV Profit.
Nifty IT index falls as TCS, Infosys, Wipro shares slip 1.5%
The Nifty IT index fell in early trade on Thursday as heavyweights TCS, Infosys, and Wipro shares each slipped about 1.5%. The decline came on the weekly expiry day for futures and…
