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Europe market outperforms North America in Q3 for IT cos; demand to return in H1FY25

According to analysts, early signs show that the weakness has bottomed out. In fact, one of them said IT services business will see a possible rebound soon, irrespective of whether the US cuts interest rates or not.

United statesRed seaDjibouti generalUnited kingdomSumit pokharnaSalil parekhAshutosh sharmaPhil fershtPeter bendor samuelPareekh jainThierry delaporteTata consultancy servicesTata consultancy serviceEverest groupNorth americanChief executive officer

IT stocks: IT stocks rally as third quarter numbers lift the gloom

After the results, analysts at top brokerages did not rush to upgrade their ratings on both the stocks. Some of them marginally raised their price targets on Infosys. The average analyst target price on Bloomberg for Infosys stood at Rs 1,639.77, while TCS stood at Rs 3,962.43.

Motilal oswalSumit pokharnaSneha poddarRajesh palviyaTech mahindraIt stocksManagement commentariesHcl tech

Infosys, Wipro lock horns with Cognizant over senior-level talent migration

Infosys, Wipro lock horns with Cognizant over senior-level talent migration
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Mohit joshiKashish saxenaStephanie trautmanMohd haqueSumit pokharnaNilanjan royJatin dalalRajeev ranjanPareekh jainRavi kumarBengaluru civil courtChief financial officerPareekh consultingVice presidentKotak securitiesPresident mohit joshi

IT stocks: IT on edge: A hawkish Fed could keep sentiment, upsides muted

The Nifty IT index dropped 1.35% on Wednesday, while the benchmark Nifty ended flat. TCS shed 2% and Infosys fell almost 1.8%.

Sneha poddarSumit pokharnaRuchit jainMotilal oswalIt stocksFederal reserveNifty it index

Crude oil prices decline: How it will impact the equity market, reasons for the fall, sectors to be affected and more

The decline in oil prices is expected to provide a boost to the Indian equity market, especially the sectors that use crude oil as raw material. Conversely, some sectors can plummet, say analysts. A look at the sectors that would be impacted the most.

United statesSaudi arabiaPriyanshu mishraSumit pokharnaAmit goelAamar deo singhOmkar kamtekar research analystAngel one ltdUs energy information administrationBonanza portfolio ltdInternational monetary fundResearch analyst kotak securitiesOrganization of petroleum exporting countriesTexas intermediatePetroleum exporting countriesHead advisory

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