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Nifty It Index

Stock Market Today: Should you book profit in Nifty IT, Metal indices?

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

Stock Market Today: Should you book profit in Nifty IT, Metal indices?
Updated On : 12 Dec 2024 | 6:50 AM IST

Nifty IT index hits record high on December 10: Here's what drove the rally

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

Nifty IT index hits record high on December 10: Here's what drove the rally
Updated On : 10 Dec 2024 | 12:35 PM IST

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record

The Nifty IT index hit an all time high on Tuesday, reaching 44,244.60 level, up 1.43 per cent intraday. Meanwhile in the last 30 days, the index has surged 5.24 per cent

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record
Updated On : 26 Nov 2024 | 11:12 PM IST

Trump Trade: Strategies for Indian IT, Pharma indices post US elections

Analysts believe that Indian export-oriented sectors such as pharma and IT may experience challenges under Donald Trump's rule. Here's how Nifty IT and Pharma indices are placed on charts.

Trump Trade: Strategies for Indian IT, Pharma indices post US elections
Updated On : 06 Nov 2024 | 2:24 PM IST

IT stocks: Persistent Systems, LTIM, TCS, Infosys surge up to 5% on Nov 6

The information technology (IT) stocks were in great demand on Wednesday, with Nifty IT index surging 3.56 per cent in intraday deals

IT stocks: Persistent Systems, LTIM, TCS, Infosys surge up to 5% on Nov 6
Updated On : 06 Nov 2024 | 12:47 PM IST

Why Sensex fell 655 pts, Nifty below 24,200 ahead of Diwali Muhurat Trading

Indian bourses retreated heavily on Thursday, a day ahead of Diwali Muhurat Trading on November 1, with the BSE Sensex dropping 655 points or 0.81 per cent at 79,287.93 level

Why Sensex fell 655 pts, Nifty below 24,200 ahead of Diwali Muhurat Trading
Updated On : 31 Oct 2024 | 4:04 PM IST

Nifty IT index surges nearly 3%; Coforge, Persistent zoom 12% on strong Q2

Analysts anticipate growth momentum to return in FY25 for IT sector, aided by a lower base coupled with easing sectoral headwinds.

Nifty IT index surges nearly 3%; Coforge, Persistent zoom 12% on strong Q2
Updated On : 23 Oct 2024 | 12:10 PM IST

Nifty IT shows bearish signals with room for more corrections; details

The Nifty IT Index has shown signs of weakness, recently experiencing a breakdown on the charts.

Nifty IT shows bearish signals with room for more corrections; details
Updated On : 23 Oct 2024 | 6:59 AM IST

Trading strategy ahead of Samvat 2081: Buy the dips, Sell the rallies

Financials, IT, Energy and Auto sectors account for over 52% weightage on the Nifty 50 index; here's how the Bank Nifty, IT, Energy and Auto indices are placed on the charts, and likely trend ahead.

Trading strategy ahead of Samvat 2081: Buy the dips, Sell the rallies
Updated On : 18 Oct 2024 | 12:13 PM IST

Nifty IT shows bearish trend, Nifty Auto overbought; trading strategy here

The Nifty Auto Index appears overbought on the near-term charts, indicating a potential pullback in the coming sessions, likely after the monthly expiry.

Nifty IT shows bearish trend, Nifty Auto overbought; trading strategy here
Updated On : 26 Sep 2024 | 6:26 AM IST

Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

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.

Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?
Updated On : 19 Sep 2024 | 10:34 AM IST

Infy, TCS, LTIM: Pivot levels to track on IT stocks as Fed readies rate cut

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.

Infy, TCS, LTIM: Pivot levels to track on IT stocks as Fed readies rate cut
Updated On : 18 Sep 2024 | 11:52 AM IST

US Fed rate cut: Watch these levels on Sensex, Nifty, Nifty IT this week

The BSE Sensex, NSE Nifty can gain another 2% from present levels; while the Nifty IT index could see a sharp 6% rally; suggests technical charts.

US Fed rate cut: Watch these levels on Sensex, Nifty, Nifty IT this week
Updated On : 16 Sep 2024 | 10:47 AM IST

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts

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.

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts
Updated On : 12 Sep 2024 | 7:45 AM IST

IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'

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.

IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to 'Buy'
Updated On : 10 Sep 2024 | 2:51 PM IST

Nifty IT faces resistance at 43,200; should you book profits on rise?

The Nifty IT Index is currently displaying signs of nearing a critical resistance level. The immediate resistance level to watch is 43,200

Nifty IT faces resistance at 43,200; should you book profits on rise?
Updated On : 05 Sep 2024 | 6:40 AM IST

Nifty IT index shows bullish trend on charts; check trading strategy here

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.

Nifty IT index shows bullish trend on charts; check trading strategy here
Updated On : 29 Aug 2024 | 6:31 AM IST

Kotak Institutional upgrades LTIMindtree, ups target price; stock gains 4%

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.

Kotak Institutional upgrades LTIMindtree, ups target price; stock gains 4%
Updated On : 28 Aug 2024 | 10:03 AM IST

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut

On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut
Updated On : 22 Aug 2024 | 9:32 AM IST

Nifty Auto to underperform, alerts analyst; should you sell on rise?

The anticipated downside targets or support levels for the Nifty Auto Index are 24,300, 23,900, and 23,500

Nifty Auto to underperform, alerts analyst; should you sell on rise?
Updated On : 22 Aug 2024 | 6:38 AM IST