The Street’s expectations of a significant revival in the revenues of information technology services companies have now been pushed to FY26. Consequently, the Nifty IT index has underperformed the Nifty 50 index so far in 2024. Sure, recent commentary from global IT giants Accenture and Cognizant suggest that demand has […]
HCL Technologies
Indian stock market: The Sensex and the Nifty 50 concluded with losses on Friday, June 28, ending their four-day winning streak. The benchmarks reached new all-time highs during the session but retreated as profit-taking set in amid mixed global cues. The Nifty 50 touched a peak of 24,174 during the […]