Latest IT sector News & Updates

Mumbai, Jan 21 (IANS) The Indian benchmark indices continued their losses on Wednesday, tracking persistent global risk-off sentiment, continued foreign fund outflows and mixed earnings cues.As of 9.30 am, the Sensex lost 168 points, or 0.20 per cent to reach 82,012 and the Nifty declined 28 points, or 0.11 per cent to 25,204.Main broadcap indices performed in line with benchmark indices, with the Nifty Midcap 100 losing 0.18 per cent, and the Nifty Smallcap 100 easing 0.11 per cent.Sectorally, …

New Delhi, Jan 20 (IANS) About 95 per cent of workers in India reported being confident in their skills, yet only 64 per cent noted being satisfied with their jobs, according to a report on Tuesday.The report by ManpowerGroup India, based on responses from over 1,000 workers in India, reveals a complex landscape of employee well-being, job satisfaction, and confidence in the rapidly evolving world of work.The findings revealed that the workers in India report the highest levels of skills and con…

Mumbai, Jan 19 (IANS) The Indian benchmark indices opened the week in the red zone on Monday, tracking weak global cues after geopolitical trade tensions rose due to US administration’s comments of additional tariffs on European countries.As of 9.30 am, Sensex lost 449 points, or 0.54 per cent to reach 83,120 and Nifty declined 148 points, or 0.58 per cent to 25,546.Main broadcap indices performed in line with benchmark indices, with the Nifty Midcap 100 losing 0.42 per cent, and the Nifty Small…

Mumbai, Jan 17 (IANS) The Indian equity benchmarks closed this week almost unchanged amid optimism towards Q3 earnings and renewed India-US trade discussions, even as caution persisted due to increasing geopolitical tensions.Profit-booking in pharma, consumer durables, and autos weighed on indices during the week, while PSU banks and metals outperformed.Nifty added 0.04 per cent during the week and 0.11 per cent on the last trading day, to touch 25,694. At close, the Sensex was up 187 points or …

Bengaluru, Jan 16 (IANS) Allaying fears of differences between the BJP and JD(S) in local body polls, Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, announced that there is no confusion about an alliance in the Bengaluru civic polls.Kumaraswamy made the statement while speaking at a meeting held at the party office in the presence of the party’s National President and former Prime Minister H.D. Deve Gowda on the Greater Bengaluru elections.He further stressed that party workers…

Mumbai, Jan 16 (IANS) The Indian equity markets ended marginally higher on Friday, before surrendering most of their intra-day gains in the afternoon session.At the closing bell, the Sensex added 187 points, or 0.23 per cent to settle at 83,570. The Nifty advanced 28 points, or 0.11 per cent, to close at 25,694.The broader markets performed in line with the benchmark indices, as Nifty Midcap 100 index lost 0.07 per cent, while the NSE Smallcap 100 declined 0.34 per cent.The benchmark Nifty opene…

Mumbai, Jan 15 (IANS) The Indian stock markets remain closed on Thursday on account of municipal corporation elections in Maharashtra.In an earlier notification, the BSE said there will be no trading in the equity segment, equity derivatives, commodity derivatives, and electronic gold receipts on that day. It also said that equity derivative contracts originally scheduled to expire on January 15, 2026, expired a day earlier. These revisions will be reflected in the end-of-day contract master fil…

New Delhi, Jan 9 (IANS) The Indian economy is in good shape with an expected growth of 7.5 per cent or higher in the current financial year and jobs are being created at a fast pace, so the Budget for 2026-27 must keep up the “focus on jobs, jobs, and jobs”, business leader and former Infosys board member TV Mohandas Pai said.In an interaction with IANS, Pai pointed out that 1.2 to 1.4 crore new people are joining EPFO, paying money with Aadhaar. “Don’t believe all these leftist JNU people who s…

New Delhi, Jan 5 (IANS) The Indian IT industry’s revenue growth is expected to recover to 4-5 per cent in FY27, leading to high‑single‑digit EPS growth, a report said on Monday.The report from HSBC Global Investment Research, however, said that IT stocks, up about 15 per cent from their lows, could still perform broadly in line with the market in 2026.”We still see an improving outlook, but now expect the IT sector to perform in line with the broader market in FY27. IT is no longer a long-te…

Seoul, Jan 2 (IANS) Bank of Korea (BOK) Governor Rhee Chang-yong on Friday projected the economy, when excluding the information technology (IT) sector, to grow 1.4 percent this year, forecasting widening disparities across sectors.”The IT sector is expected to lead growth this year on the back of a global semiconductor upcycle. If we exclude its contribution, economic growth would be limited to 1.4 percent,” Rhee said in his New Year’s address, reports Yonhap news agency.In its latest outlook r…