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Mutual funds buy the dip in IT stocks; invest Rs 9,500 crore in 2023

Mutual funds are loading up on information technology (IT) stocks on improved valuations and low downside risk after a double-digit correction in top companies like Infosys and Wipro. IT stocks were MFs top sectoral buys in April when they invested a net of Rs 2,100 crore. In the first four months of 2023, the net investments in IT amounted to Rs 9,500 crore, shows an analysis by ICICI Securities.

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Infosys woes spark selloff in stocks of tech firms

The bear onslaught on 10 technology stocks comprising the Nifty IT index wiped ₹1.03 trillion off investor wealth, with Infosys Ltd alone accounting for a little more than half of the losses

Andrew hollandVibhor singhalSiddharth khemkaNuvama researchMotilal oswal financial servicesTata consultancy servicesView fullTech mahindraMotilal oswal financialBear onslaughtTechnology stocksNifty it indexInvestor wealthInfosys ltdPrice downgradesRatings downgrades

rajesh gopinathan exit | tcs stock: Up 160% during Rajesh Gopinathan s tenure, will TCS stock rally sustain after resignation?

rajesh gopinathan exit | tcs stock: Up 160% during Rajesh Gopinathan s tenure, will TCS stock rally sustain after resignation?
vervetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vervetimes.com Daily Mail and Mail on Sunday newspapers.

Rajesh gopinathanVibhor singhalInstitutional equities

Delhi HC dismisses plea challenging notification allowing Sikhs to carry Kirpan on flights

Delhi HC dismisses plea challenging notification allowing Sikhs to carry Kirpan on flights
webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.

Vibhor singhalJustice satish chander mishraJustice subramonium prasadBureau of civil aviation securityDelhi high court onDelhi high courtPublic interest litigationHarsh vibhor singhalDirector generalCivil aviation securitySikh indian

Delhi HC reserves order on plea challenging notification allowing Sikhs to carry Kirpan in flights

The Delhi High Court on Thursday reserved the order on a plea challenging the notification allowing Sikhs to carry Kirpan while travelling on civilian flights in India.

Vibhor singhalJustice satish chander mishraJustice subramonium prasadBureau of civil aviation securityDelhi high court onDelhi high courtCentral governmentHarsh vibhor singhalDirector generalCivil aviation securitySikh indianEws india