2025-05-19Niranjan Ghatule
Indian IT stocks fell after Moody's downgraded the US credit rating, raising concerns over rising debt and fiscal instability. With over 60% of revenue coming from the US, companies like TCS, Infosys, and Wipro saw declines. Here's how the downgrade impacted key Indian IT stocks.
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2025-05-12Niranjan 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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2025-03-21Niranjan Ghatule
This article covers the sharp decline in Indian IT stocks following Accenture's weak Q2 earnings and reduced U.S. government spending. It highlights how major Indian IT firms like Infosys, TCS, HCL Tech, Wipro, and Tech Mahindra became the top losers on the NSE, dragging down the Nifty IT index. The article explains the reasons behind the fall, including concerns over slowing IT spending
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2025-03-12Niranjan Ghatule
The Indian IT sector has entered bear territory as the NIFTY IT index plunges 5% amid growing concerns over a U.S. recession. Morgan Stanley has issued a cautious outlook, downgrading Infosys and cutting target prices for key IT stocks, citing risks to revenue growth and valuation multiples.
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