Synopsis: Several Nifty 50 stocks have plunged over 25% from their 52-week highs amid geopolitical tensions. Major IT, automotive, FMCG, and retail companies, including TCS, Maruti Suzuki, Infosys, and Trent, face steep corrections, highlighting intensified selling...
Synopsis: UBS says a weaker rupee can support Indian IT companies like Tata Consultancy Services, Infosys, HCL Technologies, and Wipro. When the rupee falls, their dollar revenue converts into higher rupee earnings, which supports profits. Still, overall performance...
Synopsis: Shares of Wipro, Infosys, TCS and other IT majors slid up to 5% after weak US ADR performance and growing fears that rapid AI adoption could impact long-term growth, margins, and sector valuations. IT stocks witnessed a steep sell-off in today’s market...
Synopsis: Wipro Ltd saw its shares fall by 10 % in the Day’s Trade following their Q3 results, in which their YoY revenue rose by 5.5% to ₹ 23,556 Crores, and their net profit in YoY declined by 6.5% to ₹ 3,145 Crores, with a weak Q4FY26 growth outlook. The shares of...
From September to March, FII had continuously sold its stake in several companies, increasing the market’s speed of fall and the intensity. However, markets have recovered a large portion of their huge fall and are currently only down 8 percent from their 52-week high...
