Tech Stocks

New client additions to turbocharge growth for Dixon Technologies

Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years

Why Sensex fell over 700 pts, Nifty slipped below 25,200 intraday today

On the BSE Sensex, index heavyweights like Infosys, TCS and ICICI Bank among others fell by 1 per cent each. Meanwhile, Coal India, ONGC, LTIMindtree, Mahindra and Mahindra and Wipro led losses on NSE

Foxconn's quarterly profit surpasses expectations, jumps 6% on AI boom

Foxconn said it would start product delivery for AI semiconductor leader Nvidia's GB200 chip in the fourth quarter in small volumes, which would rise further in early 2025

Microsoft's Azure posts slowdown in growth, testing investors' patience

The company's Xbox video-gaming unit posted 61 per cent growth in content and services revenue, much of that fueled by the $69 billion purchase of Activision Blizzard, which was completed in October

Tech stock rally drives mkts to fresh highs; Nifty a whisker away from 25K

The Sensex closed at 81,343, with a gain of 627 points, or 0.8 per cent. From the intra-day lows, the index climbed nearly 1,000 points

Market Highlights, July 18: IT stocks drive benchmarks to record; Sensex tops 81k, Nifty at 24,800

Stock Market LIVE updates, today, July 18, 2024: Among sectors, the Nifty IT was up 0.4 per cent, the Nifty Bank, and FMCG were up 0.3 per cent, and the Nifty Financial Services up 0.2 per cent

Bet on IT funds to gain from digitisation, generative AI adoption

Limit allocation to 10% of equity portfolio and enter with a five to seven-year horizon

Benchmarks slip, broader indices rally; PSB, FMCG, IT stocks weigh

Stock market highlights on February 23, 2024: Asian Paints, Maruti Suzuki, HCL Tech, NTPC, SBI, TCS, JSW Steel, IndusInd Bank, Bharti Airtel, ITC, Axis Bank, and TCS were the top laggards

Rally in tech stocks in India faces earnings test as growth worries linger

While the rally was initially driven by a global rebound in tech stocks, the Federal Reserve's dovish pivot at the December policy meeting turbocharged the run

An extremely narrow advance

The global rally lacks breadth, with only a few tech stocks driving the surge. In contrast, India's market stands out as an exception

Street signs: Nifty Next 50 rebalance, home-grown tech stocks, and more

Banking stocks witnessed intense selling pressure in the latter part of last week

Tech darling that rose 2,500% in 2021 now among India's worst performers

The beating in the company's shares has wiped away 129 billion rupees ($1.6 billion) in market value

Tech bulls face worst December in 20 years as US Fed anxiety grows

Add to that weak results from chipmaker Micron Technologies Inc., and the session turned into a brutal one for equity bulls, who are again fretting over the risk of a potential recession

Paytm, Nykaa: Will 2022's bloodbath in new-age stocks continue in 2023?

Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022

Snapdeal to shelve its $152 million IPO amid tech stock market retreat

Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many stock market debuts and record fund raising by Indian startups

IRCTC, Zomato, Infosys: Is investors' love for digital India over?

Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit

TMS Ep301: G20 presidency, India's 5G tech, tech stocks, transfer of shares

What does the G20 presidency mean for India? How indigenous is India's 5G technology? Should you bet on new-age tech stocks after a mixed Q2? How to transfer shares? All answers here

Should you bet on new-age tech stocks after a mixed Q2?

Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?

Paytm, Nykaa among tech stocks under watch as lock-in period ends

Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the past month

SoftBank expected to face further weakness in tech stocks at Q2 earnings

SoftBank Group Corp is expected to face further weakness in tech stocks when it reports second-quarter earnings on Friday, after two brutal quarters that have shaken Masayoshi Son's tech conglomerate