News

IT Stock Soars 5%: DII Acquires Stake in Company Under ₹50

Real Estate Maharashtra

IT Stock Soars 5%: DII Acquires Stake in Company Under ₹50

An IT stock, currently trading under ₹50, hit a 5% upper circuit after a Domestic Institutional Investor (DII) acquired a significant stake in the company. This move has boosted investor confidence and driven the stock price higher.

March 20, 2025
Read Article
IT Stocks Drag Down D-St; Sensex Closes Marginally Lower, Nifty Below 15,000

real estate news

IT Stocks Drag Down D-St; Sensex Closes Marginally Lower, Nifty Below 15,000

The Indian stock market saw a mixed day of trading, with IT stocks pulling down the Sensex and Nifty. Despite a marginal decrease, the market maintained a relatively steady course amid global economic uncertainties.

March 12, 2025
Read Article
Nifty and Sensex Take a Hit as IT Sector Plummets; Cipla Registers Impressive Gains

real estate news

Nifty and Sensex Take a Hit as IT Sector Plummets; Cipla Registers Impressive Gains

The Indian stock market experienced a turbulent day with Nifty and Sensex witnessing significant declines, primarily due to the sharp drop in IT stocks. However, Cipla managed to shine amidst the downturn with substantial gains.

October 31, 2024
Read Article
Assessing the Valuation of Nifty IT Companies: A Closer Look at Coforge and Persistent

real estate news

Assessing the Valuation of Nifty IT Companies: A Closer Look at Coforge and Persistent

We examine the current valuation of Nifty IT companies, focusing on midcap IT stocks like Coforge and Persistent, and their potential for investment.

September 27, 2024
Read Article
Navigating the Markets After the US Fed's Rate Cut: Expert Strategies for Your Portfolio

Real Estate

Navigating the Markets After the US Fed's Rate Cut: Expert Strategies for Your Portfolio

The US Fed's surprise 50 bps rate cut has left investors questioning its impact on the stock market. Experts weigh in on the best strategies to realign your portfolio, focusing on IT, banking, and FMCG stocks.

September 19, 2024
Read Article
IT Stocks Face Profit Booking Ahead of US Fed Rate Decision: Here's Why

real estate news

IT Stocks Face Profit Booking Ahead of US Fed Rate Decision: Here's Why

The IT sector witnessed a sharp sell-off on Wednesday, with the Nifty IT index declining by 3.05%. MphasiS led the decline, dropping 5.6%, followed by other major players like L&T Technology Services, Persistent Systems, and Tata Consultancy Services.

September 18, 2024
Read Article