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Nifty IT

The Nifty IT Index is exhibiting a clear bearish trend in the near term, prompting traders to adopt a cautious stance

Updated On: 14 Jan 2025 | 6:58 AM IST
Bs_logoRavi Nathani recommends sell-on-rise strategy for Nifty IT, Auto indices

Stock Market Today: The Nifty IT Index today is exhibiting a bearish trend in the near-term with charts signaling further downside potential

Updated On: 08 Jan 2025 | 6:51 AM IST
Bs_logoNifty IT in bearish trend; Nifty Auto index rangebound; how to trade today?

The Nifty IT index outperformed the Nifty 50 and the broader index in the second-half of 2024 with a gain of nearly 20%. Key levels to track on IT shares ahead of Q3 results.

Updated On: 03 Jan 2025 | 11:18 AM IST
Bs_logoTCS, Infy, HCL Tech: How to trade IT stocks ahead of Q3 results? Key levels

Stock Market Today: The Nifty IT index, eventually, settled 2.6 per cent lower on the National Stock Exchange (NSE) at 44,954 level. By comparison, the Nifty50 index ended 1.5 per cent down at 23,587

Updated On: 20 Dec 2024 | 5:03 PM IST
Bs_logoAccenture Q1 earnings, strong US economy bode well for IT stocks: Analysts

Stock Market Today: The Nifty IT Index is facing mixed sentiments post the recent Accenture earnings, which might uplift IT stocks temporarily. However, a closer look at the charts suggests caution

Updated On: 20 Dec 2024 | 6:48 AM IST
Bs_logoStock Market Today: How to trade Nifty IT index post Accenture results?

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices

Updated On: 12 Dec 2024 | 11:42 AM IST
Bs_logoNifty IT hits life high, tops 46,000; why are IT stocks in demand today?

Stock Market Today: The best trading strategy at this juncture is to book profits on the rise in Nifty IT index and wait for the index to retrace towards its support levels

Updated On: 12 Dec 2024 | 6:50 AM IST

By 11:11 AM, the Nifty IT index had come off its peak but was still trading 0.82 per cent higher at 45,199.40. In comparison, the broader Nifty50 index was up a modest 0.11 per cent at 24,646.30

Updated On: 10 Dec 2024 | 12:35 PM IST

Nifty IT index remains range-bound, trading between 44,400 on the upper side and 42,800 on the lower side, while, Nifty Auto index is currently exhibiting a bearish trend in the near term

Updated On: 05 Dec 2024 | 6:34 AM IST

The Nifty IT index has recently witnessed a sharp rally, while Nifty Auto is currently in a consolidation phase following a sharp correction

Updated On: 28 Nov 2024 | 6:24 AM IST

The Nifty IT Index is exhibiting a bullish trend on the charts, while Nifty Auto is indicating that any decisive move above or below 24,250 and 23,250 levels could signal a new trend direction

Updated On: 12 Nov 2024 | 6:33 AM IST

The Nifty IT, Auto, and Pharma indices are all exhibiting short-term downtrends, and the technical indicators suggest limited upside potential

Updated On: 31 Oct 2024 | 7:11 AM IST

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

Updated On: 27 Sep 2024 | 10:04 PM IST

The surge in IT stocks was fuelled by the US Federal Reserve's decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.

Updated On: 19 Sep 2024 | 10:34 AM IST

Traders should closely monitor this level, as any breach could lead to further downside, and the market might see a sell-off in auto stocks.

Updated On: 12 Sep 2024 | 7:45 AM IST

The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.

Updated On: 10 Sep 2024 | 2:51 PM IST

"Indian IT services growth would continue to outpace the global market and other key geographies materially," said Prabhudas Lilladher

Updated On: 30 Aug 2024 | 11:07 AM IST

In near term, the Nifty IT Index is expected to trade within a broader range of 42,800 to 41,600. A close above or below this range would likely trigger a decisive move in the respective direction.

Updated On: 29 Aug 2024 | 6:31 AM IST

LTIMindtree stock was buzzing in trade on the bourses. The stock rallied as much as 3.61 per cent to hit an intraday high of Rs 5,957 per share.

Updated On: 28 Aug 2024 | 10:03 AM IST

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

Updated On: 09 Aug 2024 | 11:24 AM IST