Nifty IT surges 6.12% in July so far, largest monthly gain since October 2022

The controlled inflation in the US has instilled optimism among investors that a 25-basis-point rate hike would be sufficient to stabilise the US economy. This improved outlook has fueled strong buying interest in Indian IT stocks, despite the subdued Q1 earnings.

HCL Tech: Should you buy the stock after Q1 results? Here's what experts say

IT major HCL Technologies reported a disappointing set of earnings for the April-June quarter (Q1FY24). The IT major's Q1 earnings missed the Street's estimate on both profit and revenue front.

Midcaps or largecaps: Which ones do analysts suggest in IT in the current scenario?

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Despite the overall weak sentiment in the IT space as well as a poor outlook ahead, especially in the near-term, mid-cap IT stocks have fared better than large-cap IT stocks. Let's see which ones analysts pick.

Infosys vs HCL Tech: Which IT major is a better long-term stock?

Most experts remain negative on the sector on the back of weakness in demand and poor overall industry growth outlook. Amid this backdrop, let's analyse, between Infosys and HCL Tech, which IT stock has better long-term growth opportunities.

Markets near peak but Nifty IT's 1-year returns still in the red; is this a good time to buy?

The Nifty IT index has fallen nearly 4 percent in the last 1 year as against an over 12 percent gain in benchmark Nifty. Meanwhile, it is up just around 1 percent in 2023 YTD.

Stocks to buy: Kotak Securities lists 7 top picks for May including HDFC Bank

Markets recovered in April after declining in earlier months of 2023. In the near term, &nbsp;Kotak Securities believes, markets may stay muted due to inflation &amp; earnings downgrades in certain sectors. Here are 7 top stocks by Kotak Securities for May:

HCL Tech Review: Earnings positively surprise in Q4 but brokerages remain mixed on the stock

While there have been no downgrades, some brokerages have retained ‘buy’ calls with positive upside predictions while others forecast some downside in the next 1 year.

IT sector's weight in Nifty50 at 5-year low of 12.2%, FMCG's weight rises: Report

BS pointed out that the IT sector’s weight in the index has slipped to a five-year low of 12.2 percent, down from the 17.7 percent at the end of March 2022.

Markets climb in early trade on buying in Reliance Industries, IT stocks

<ul><li>The 30-share BSE Sensex climbed 134 points to 59,766.37 in early trade. The broader NSE Nifty advanced 36.4 points to 17,660.85.</li></ul>

IT Sector: DART has 0 'buy' calls and 2 ‘sell’ calls among top 10 stocks; says midcaps more vulnerable

Analysing the top 10 companies in the IT space, the brokerage had zero ‘buy’ calls and only two ‘accumulate’ calls. Meanwhile, it had 5 ‘reduce’ calls and 2 ‘sell’ calls.

Top Hcl Tech News

markets

Nifty IT surges 6.12% in July so far, largest monthly gain since October 2022

markets

HCL Tech: Should you buy the stock after Q1 results? Here's what experts say

markets

Midcaps or largecaps: Which ones do analysts suggest in IT in the current scenario?

markets

Infosys vs HCL Tech: Which IT major is a better long-term stock?