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At 02:31 pm; Nifty IT index, the top loser among sectoral indices, was down 2.3 per cent, as compared to 0.43 per cent decline in the Nifty 50.
Here is the complete list of companies whose shares will turn ex-date tomorrow, along with their respective corporate announcements and other key details
HCL Tech's market cap first time today touched Rs 5.02 trillion after stock hit a new high of Rs 1,852, gaining 2% on the BSE in Friday's intra-day trade.
Technical charts suggest that heavyweights TCS and Infosys seem to be favourably placed, while Wipro could face some downward pressure. Check key levels here.
Accenture share price: While a strong recovery in discretionary demand may take a few quarters, it is unlikely to worsen further, analysts said after Q4 results
HCL Technologies chairperson Roshni Nadar Malhotra on Friday met Telangana Chief Minister A Revanth Reddy and extended an invitation for the opening ceremony of HCL's new office in HITEC City here. The new facility is set to create an additional 5,000 engineering jobs, further contributing to the growth of the local economy and enhancing employment opportunities in the state, an official release said. "Roshni Nadar Malhotra, chairperson of HCL Technologies visited Chief Minister Revanth Reddy to extend a personal invitation for the opening ceremony of HCL's new office in HITEC City, Hyderabad," it said. The discussions were centered on potential partnerships between HCL GUVI and Telangana's Skill University to enhance training programmes and expand educational resources. The chief minister expressed his gratitude to Roshni Nadar for HCL's continuous support and presence in Telangana. He acknowledged the company's significant contributions towards creating employment opportunities
The Nifty IT index had shed 3% on Wednesday ahead of the US Fed policy decision. Here are the key pivot points to track on top IT stocks with potential upside and downside targets as per charts.
The company's management anticipates double-digit growth for the industry over the next five years, including for HCLTech.
The Nasdaq rose more than 2% on Thursday after July the US retail sales data signalled resilient consumer spending, allaying fears of an imminent recession in the world's largest economy.
We are seeing a noticeable strength in paint stocks and Berger Paints is trading in sync with the move.
Indian company says acquisition will strengthen data and analytics business
Nisaba Godrej, from the renowned Godrej family, is another prominent figure.
India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.
Q1 earnings impact: In the last two weeks, the NASDAQ has plunged 7 per cent, while the IT index has rallied 7 per cent. Trading strategies for Infy, TCS, HCL Tech and LTIMindtree here.
Will continue to grow in the US, says C Vijayakumar
IT stocks outlook: TCS can potentially rally another 6 per cent from present levels; while Infosys, Wipro and LTIMindtree can rally up to 15%, suggest charts.
Instituted in 1802 by Napoleon Bonaparte, the Chevalier de la Legion d'Honneur is the highest civilian award given by the French Republic for outstanding service to France
TCS results this week should show revenue growth picked up sequentially in the April-June quarter, consensus estimates show
As per the data available with the NSE, Fidelity Investment sold a total of 12,414,228 shares or 0.46 per cent stake in HCL Technologies
Technical charts suggest that Infosys can potentially rally up to 10% from present levels; while TCS and HCL Technologies still look weak.