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Infosys

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Reuters - 4 hours ago

Indian IT stocks drop on US rate cut concerns

BUZZ-Indian IT stocks drop on US rate cut concerns ** Shares of Indian information technology stocks .NIFTYIT shed 1%, the most on benchmark Nifty 50 index .NSEI , which is down 0.6% ** All 10 constituents of IT index in red; Infosys INFY.NS sheds 1%, while TCS TCS.NS and HCLTech HCLT.NS down 0.5% each ** INFY, Tech Mahindra TEML.NS , HCLT among top 5 pct losers on Nifty 50 ** Overnight, U.S.
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Reuters - 3 weeks ago

Indian IT stocks set for best week in 3 months on US elections, Fed cheer

BUZZ-Indian IT stocks set for best week in 3 months on US elections, Fed cheer ** Shares of Indian information technology stocks .NIFTYIT climb 4% for the week, their best weekly gain since August ** Heavyweights Infosys INFY.NS , TCS TCS.NS , and Wipro WIPR.NS gained ~4% for the week ** Republican Donald Trump swept back into the White House, although votes are still being counted ** A Trump win could lead to lower corporate taxes - a positive for IT sector as it would boost demand, analysts sa
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Reuters - 3 weeks ago

Indian shares muted as earnings, foreign outflows offset IT gains

INDIA STOCKS-Indian shares muted as earnings, foreign outflows offset IT gains Updates at 10:41 a.m. IST By Bharath Rajeswaran Nov 8 (Reuters) - Indian stocks were muted on Friday, as concerns around corporate earnings and foreign outflows offset gains in information technology stocks after the U.S. Federal Reserve's widely-anticipated interest rate cut.
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Reuters - 3 weeks ago

Indian shares extend gains as Trump claims US presidential election win

BUZZ-Indian shares extend gains as Trump claims US presidential election win ** Indian benchmarks NSE Nifty 50 .NSEI and BSE Sensex .BSESN extend gains, rising 1%, each after Donald Trump claimed victory following Fox News' projection that he had defeated Kamala Harris ** A likely victory for Trump augurs well for Indian markets due to Republican's focus on China +1 strategy, plans to lower corporate taxes, which could boost sectors like IT, analysts say ** All 13 major sectors advance; IT index
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Reuters - 3 weeks ago

Indian IT stocks set for best day in four months

BUZZ-Indian IT stocks set for best day in four months ** Shares of Indian information technology stocks .NIFTYIT climb 3.3%, set for their best day since July, if gains hold ** The IT sub-index is top sectoral gainer on benchmark Nifty 50 .NSEI , which is up 0.9% ** All 10 constituents in green; heavyweights Infosys INFY.NS , TCS TCS.NS gain 3.4% each, Wipro WIPR.NS climbs 2.8% ** U.S.
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Reuters - 3 weeks ago

India stocks, rupee, swaps, call at 10:00 a.m. IST

SNAPSHOT-India stocks, rupee, swaps, call at 10:00 a.m. IST MUMBAI, Nov 4 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN was down 1% at 78,911, while the broader NSE index .NSEI declined 1.07% to 24043, pegged back by a decline in Bajaj Auto and Infosys, alongside persistent foreign outflows. .BO RUPEE: The Indian rupee INR=IN was nearly unchanged at 84.0650 U.S.
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Reuters - 4 weeks ago

Indian IT stocks set for worst week in 5 months

BUZZ-Indian IT stocks set for worst week in 5 months ** Indian IT stocks .NIFTYIT slip 4% for the week; set for worst week since May ** Index top sectoral loser on benchmark Nifty 50 .NSEI , which is down 0.4% ** All 10 NIFTYIT constituents in red - heavyweights Infosys INFY.NS , TCS TCS.NS and Wipro WIPR.NS drop ~3% each, HCLTech HCLT.NS sheds ~4%
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Reuters - 4 weeks ago

Infosys Says Infosys Finacle Launches Data And Ai Suite

BRIEF-Infosys Says Infosys Finacle Launches Data And Ai Suite Oct 30 (Reuters) - Infosys Ltd INFY.NS : INFOSYS - INFOSYS FINACLE LAUNCHES DATA AND AI SUITE Source text: ID:nNSE6WmQYw Further company coverage: INFY.NS
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Reuters - 1 month ago

Nvidia to supply chips to Reliance, other Indian companies in AI push

UPDATE 2-Nvidia to supply chips to Reliance, other Indian companies in AI push Huang, Ambani discuss India's AI ambitions Reliance will use Nvidia's chips in Gujarat data centre Nvidia expands ties with Infosys, Wipro, TCS Adds details of Huang's chat with Ambani; paragraphs 1-5,17-20 By Arsheeya Bajwa and Deborah Mary Sophia MUMBAI, Oct 24 (Reuters) - Nvidia NVDA.O will supply artificial intelligence processors to Indian companies such as Mukesh Ambani's Reliance Industries RELI.NS , the chip g
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Reuters - 1 month ago

Indian shares rebound after 3-day slump but weekly losses continue

INDIA STOCKS-Indian shares rebound after 3-day slump but weekly losses continue Updates with closing levels By Hritam Mukherjee Oct 18 (Reuters) - Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank AXBK.NS lifted heavyweight financials, although foreign fund outflows dragged down the benchmarks to a third weekly loss. The Nifty 50 index .NSEI closed 0.42% higher to 24,854.05 points as of 3:30 p.m.
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Reuters - 1 month ago

Indian blue-chips bounce back from weak start

BUZZ-Indian blue-chips bounce back from weak start ** Indian blue-chips recover from early losses at midday ** NSE Nifty 50 .NSEI and S&P BSE Sensex .BSESN up 0.4% and 0.3%, respectively ** Eight out of 13 indexes trade higher; benchmarks eyeing third straight week of losses ** Private banks .NIFPVTBNK and metals .NIFTYMET top two sectoral pct gain
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Reuters - 1 month ago

Indian shares caught between Infosys-led IT slide and Axis Bank's boost

INDIA STOCKS-Indian shares caught between Infosys-led IT slide and Axis Bank's boost Updates at 11:23 a.m. IST By Hritam Mukherjee Oct 18 (Reuters) - Indian shares inched lower on Friday as a drop in IT stocks after bellwether Infosys's disappointing forecast was nearly offset by an Axis Bank-led rise in financials following the lender's strong results.
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Reuters - 1 month ago

India's Infosys drops after 'dampening' FY revenue outlook

BUZZ-India's Infosys drops after 'dampening' FY revenue outlook Updates with analyst comments, shares ** Shares of Infosys Ltd INFY.NS fall 3.8% to 1,894 rupees in pre-open trade ** India's No. 2 IT services exporter raised FY revenue growth guidance to 3.74%-4.5% from 3%-4%, but analysts say it was lower than expected ** INFY says yet to see a broad-based IT spending recovery; so far, it's limited only to U.S.
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Reuters - 1 month ago

India stocks, rupee, swaps, call at 10:00 a.m. IST

SNAPSHOT-India stocks, rupee, swaps, call at 10:00 a.m. IST . MUMBAI, Oct 18 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN was down 0.4% to 80,599 points, while the broader NSE index .NSEI also declined 0.4% to 24,648, as IT bellwether Infosys INFY.NS slid after a disappointing forecast and automakers' losses deepened. .BO RUPEE: The Indian rupee INR=IN was nearly unchanged at 84.07 versus the U.S.
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Reuters - 1 month ago

India stocks, rupee, swaps, call at 10:00 a.m. IST

SNAPSHOT-India stocks, rupee, swaps, call at 10:00 a.m. IST MUMBAI, Oct 18 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN was down 0.4% to 80,599 points, while the broader NSE index .NSEI also declined 0.4% to 24,648, as IT bellwether Infosys INFY.NS slid after a disappointing forecast and automakers' losses deepened. .BO RUPEE: The Indian rupee INR=IN was nearly unchanged at 84.07 versus the U.S.
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Reuters - 1 month ago

Indian shares drop as Infosys, autos drag

INDIA STOCKS-Indian shares drop as Infosys, autos drag Adds details on market and updates levels as of 09:35 a.m. IST Oct 18 (Reuters) - Indian shares opened lower on Friday, as IT bellwether Infosys INFY.NS slid after a disappointing forecast and automakers deepened their losses, while continuing foreign fund outflows further weighed on sentiment.
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Reuters - 1 month ago

India's Infosys drops after FY revenue growth outlook

BUZZ-India's Infosys drops after FY revenue growth outlook ** Shares of Infosys Ltd INFY.NS fall 2.8% to 1,917 rupees in pre-open trade ** India's No. 2 IT services exporter raised FY revenue growth guidance to 3.74%-4.5% from 3%-4%, but analysts say it was lower than expected ** INFY says yet to see a broad-based IT spending recovery; so far, limi
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Reuters - 1 month ago

Indian shares set for muted open after three-day losing run

INDIA STOCKS-Indian shares set for muted open after three-day losing run Oct 18 (Reuters) - Indian shares are set to open little changed on Friday after a three session losing streak that was sparked by an exodus of foreign funds and disappointing results from marquee companies. The Gift Nifty GIFc1 was trading at 24,728 as of 08:20 a.m. IST, indicating that the benchmark Nifty 50 .NSEI will open near its close of 24,749.85 on Thursday.
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Reuters - 1 month ago

India's Infosys, Wipro top Q2 revenue estimates as spending revives

WRAPUP 2-Infosys, Wipro revenue forecasts fail to impress investors By VarunVyas Hebbalalu, Sai Ishwarbharath B and Haripriya Suresh BENGALURU, Oct 17 (Reuters) - Indian software services providers Infosys INFY.NS and Wipro WIPR.NS issued revenue forecasts below analysts' expectations, suggesting a broad-based recovery in global tech spending was yet to take hold.
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Reuters - 1 month ago

Infosys Sees FY25 Revenue Growth Of 3.75%-4.50%

BRIEF-Infosys Sees FY25 Revenue Growth Of 3.75%-4.50% Oct 17 (Reuters) - Infosys Ltd INFY.NS : SEES FY25 REVENUE GROWTH OF 3.75%-4.50% SEES FY25 OP MARGIN OF 20%-22% Source text for Eikon: [ID:] Further company coverage: INFY.NS
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