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Page 4 - Tech Stocks

MFs load up on tech stocks in Oct; HCL Tech, TCS, Infosys among most sought

Market observers say this is an indication that money managers have turned defensive amid a spike in volatility

MFs load up on tech stocks in Oct; HCL Tech, TCS, Infosys among most sought
Updated On : 20 Nov 2021 | 1:54 AM IST

World shares gain after technology-powered rally on Wall Street

Shares were mostly higher in Europe and Asia on Friday after technology companies powered the biggest rally on Wall Street since March. Investors have been encouraged by strong earnings reports, as every S&P 500 company that has reported earnings this week has beaten forecasts. Overall, it is safe to say that the U.S. equity market is fully in a risk-on mode and traders aren't afraid in backing riskier assets," Naeem Aslam of Avatrade said in a commentary. Inflation remains a key concern, and Friday will bring an update on how higher prices may be affecting consumer spending when the Commerce Department releases retail sales for September. Germany's DAX edged 0.2% higher to 15,493.34 and the CAC 40 in Paris climbed 0.4% to 6,712.55. Britain's FTSE 100 added 0.2% to 7,224.41. The future for the S&P 500 was 0.3% higher while the contract for the Dow industrials gained 0.4%. In Asian trading, Tokyo's Nikkei 225 added 1.8% to to 29,068.63 and the Hang Seng climbed 1.5% to ...

World shares gain after technology-powered rally on Wall Street
Updated On : 15 Oct 2021 | 2:55 PM IST

Here are assets JPMorgan says are vulnerable to commodity-fueled inflation

Technology stocks and emerging-Asian markets are among those most at risk, while cyclical shares and the assets of energy-exporting nations are seen as possible havens

Here are assets JPMorgan says are vulnerable to commodity-fueled inflation
Updated On : 05 Oct 2021 | 3:34 PM IST

Global tech stock rout worsens as China index set for record low

The Hang Seng Tech Index, which officially started in July last year, dropped as much as 2.5% to slip below the previous closing low on Aug. 20

Global tech stock rout worsens as China index set for record low
Updated On : 05 Oct 2021 | 2:31 PM IST

China drafts new data measures; technology stocks fall over 1%

Thursday's draft measures describe in detail three categories of data - ordinary data, important data, and core data

China drafts new data measures; technology stocks fall over 1%
Updated On : 01 Oct 2021 | 12:24 AM IST

Wall Street stumbles on rising Treasury yields, growing inflation worries

The Dow Jones Industrial Average fell 569.38 points, or 1.63%, to 34,299.99

Wall Street stumbles on rising Treasury yields, growing inflation worries
Updated On : 29 Sep 2021 | 3:27 AM IST

China tech shares slide on latest volley of internet restrictions

Traders mulled a report that the government intends to break up Ant Group Co.'s Alipay business

China tech shares slide on latest volley of internet restrictions
Updated On : 14 Sep 2021 | 2:12 AM IST

China tech shares rebound on easing investor worry over gaming

The Hang Seng Tech Index advanced 2.9% on Friday, pushing the index up a third straight week.

China tech shares rebound on easing investor worry over gaming
Updated On : 10 Sep 2021 | 3:13 PM IST

China tech stocks slide as regulators ramp up pressure on gaming

The Hang Seng Tech Index tumbled 4.5% as of 3:51 p.m. local time, with Tencent Holdings Ltd. dropping by almost twice that amount in its worst day in five weeks.

China tech stocks slide as regulators ramp up pressure on gaming
Updated On : 09 Sep 2021 | 3:11 PM IST

Wall Street update: Tech, energy stocks drive S&P 500 to record high

Weekly jobless claims fall; Netflix hits record high

Wall Street update: Tech, energy stocks drive S&P 500 to record high
Updated On : 02 Sep 2021 | 8:36 PM IST

Chinese tech stocks rally to start week as investors eye bottom

Beijing has expanded its clampdown on private industry to tutoring companies and online gaming in a bid to reduce the wealth gap.

Chinese tech stocks rally to start week as investors eye bottom
Updated On : 30 Aug 2021 | 3:29 PM IST

China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%

The Hang Seng Tech Index closed 0.2 per cent lower in Hong Kong after rising as much as 2 per cent in the morning

China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%
Updated On : 28 Aug 2021 | 1:10 AM IST

Q1 results: As tech rally cools, SoftBank posts 39% lower profit

Japanese group to cut China investments until tech sector scrutiny clarifies

Q1 results: As tech rally cools, SoftBank posts 39% lower profit
Updated On : 11 Aug 2021 | 1:40 AM IST

Asian shares edge lower as investors look past upbeat tech earnings

Asian shares headed lower on Friday as profit-taking in Taiwanese chip giant TSMC, despite record profits, weighed on other tech firms and broader risk sentiment

Asian shares edge lower as investors look past upbeat tech earnings
Updated On : 16 Jul 2021 | 10:17 AM IST

Nasdaq hits record high as growth stocks rise; inflation data weighs

Nine of the 11 major S&P 500 sector indexes were trading lower, with the defensive real estate and utilities sectors leading declines.

Nasdaq hits record high as growth stocks rise; inflation data weighs
Updated On : 13 Jul 2021 | 8:17 PM IST

Chinese economic data, rebound in tech stocks drive Asian shares higher

Asian shares headed for their best session in more than a fortnight on Tuesday after better than expected Chinese economic data and a rebound in China tech shares

Chinese economic data, rebound in tech stocks drive Asian shares higher
Updated On : 13 Jul 2021 | 12:57 PM IST

Global stocks mostly follow crude, yields lower; tech shakes it off

Global stocks mostly fell Tuesday along with bond yields and crude prices, as China's latest tech crackdown and expectations of a hawkish Fed report waved red flags at investors

Global stocks mostly follow crude, yields lower; tech shakes it off
Updated On : 07 Jul 2021 | 6:57 AM IST

Asian share markets open higher, but China tech worries weigh on Hong Kong

Chinese technology stocks remain under the microscope on Tuesday after the Cyberspace Administration of China ordered an investigation into Didi Global Holdings just days after it listed on NYSE

Asian share markets open higher, but China tech worries weigh on Hong Kong
Updated On : 06 Jul 2021 | 8:40 AM IST

Indian shares open flat as pharma boost offsets losses in tech stocks

Indian shares were largely unchanged on Monday, as gains in pharmaceutical stocks and heavyweight Reliance Industries were offset by losses in information technology stocks

Indian shares open flat as pharma boost offsets losses in tech stocks
Updated On : 28 Jun 2021 | 11:25 AM IST

Indices ride high on surge in technology stocks; Infosys rises 3.75%

The Sensex rose 393 points, or 0.75 per cent, to end at 52,699, while the 50-share Nifty gained 104 points, or 0.7 per cent, to close at 15,790

Indices ride high on surge in technology stocks; Infosys rises 3.75%
Updated On : 24 Jun 2021 | 11:42 PM IST