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Tag: IT sector news
    Here’s Why Coforge Shares Dropped Nearly 6%

    Here’s Why Coforge Shares Dropped Nearly 6%

    2025-08-08  Niranjan Ghatule
    Coforge shares fell almost 6% on August 8, 2025, after key client Sabre Corporation slashed its 2025 growth outlook following weak Q2 results. The guidance cut has raised concerns over Coforge’s near-term revenue momentum, given Sabre’s major role in its travel business.
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    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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