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Tag: HCLTech
    Nifty IT Soars Over 7% Here Is Why

    Nifty IT Soars Over 7% Here Is Why

    2025-05-12  Niranjan Ghatule
    Nifty IT index surged over 7% intraday as the US and China signed a major trade deal in Geneva, cutting tariffs significantly and easing recession fears. With over 60% of Indian IT revenue coming from the US, the deal brought a strong rally across IT stocks. Major gainers included Infosys, TCS, HCLTech, and Coforge, while Nasdaq futures also rose 4% on positive global sentiment.
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    IT Sector Rating Changes by Jefferies: Infosys, Coforge, and Sagility Get a Boost

    IT Sector Rating Changes by Jefferies: Infosys, Coforge, and Sagility Get a Boost

    2025-04-09  Niranjan Ghatule
    Jefferies has revised its ratings and price targets for key Indian IT stocks, upgrading Infosys, Coforge, and Sagility to 'Buy' while downgrading HCLTech and TCS to 'Hold'. This article analyzes the brokerage's latest recommendations, explores the potential upsides and downsides, and provides insights into which IT companies may offer strong investment opportunities in the current environment
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