Nifty IT News and Updates

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Infosys Ltd.

23 Jun 2025

1638.70

0.72%

Infosys, TCS To HCLTech: Indian IT Stocks Dip After Accenture's US Plunge Post Q3 Results

NDTV Profit

Accenture Plc. stock plunged nearly 11% in New York on Friday, after the IT services company reported its third-quarter results and issued its outlook.

Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.

Tech Mahindra Ltd.

21 Jun 2025

1635.40

0.71%

Short Take: Tech Mahindra F&O contract adjustments

Business Line

The company has decided July 4 as the record/effective date. On this day, the stock price and all derivatives contracts on Tech Mahindra will be adjusted appropriately

Number of FII/FPI investors increased from 1089 to 1095 in Mar 2025 qtr.

Infosys Ltd.

20 Jun 2025

1638.70

0.72%

Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%

Economic Times

Accenture's shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT ADRs like Infosys also declined, while domestic IT stocks showed mixed performance, with gains in tier-2 companies and HCL Technologies, contrasting with losses in Infosys and LTIMindtree.

Infosys Ltd. is trading below its 150 day SMA of 1704.2

Tata Consultancy Services Ltd.

20 Jun 2025

3406.20

-0.16%

TCS expands SDV capabilities with new centres in Germany and Romania

Business Standard

TCS launches automotive delivery centres in Munich and Villingen-Schwenningen and an engineering hub in Romania to support global shift to software-defined vehicles

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

19 Jun 2025

3406.20

-0.16%

TCS says high inflation will impact wage bills, cost of living, and business operations

Business Line

However, TCS Independent Director Keki Mistry noted that the company has effectively cushioned the impact through improved productivity and strong operational efficiencies.

Tata Consultancy Services Ltd. is trading below all available SMAs

TCS says co not under probe in M&S breach; Chandra skips AGM for first time

Business Standard | 19 Jun 2025 1 more

Tata Consultancy Services Ltd.

19 Jun 2025

3406.20

-0.16%

IT union AIITEU slams TCS' 225-day billability and 35-day bench policy

Business Standard

The union calls TCS' new billability mandate and bench limit an anti-worker move that shifts responsibility from management to employees amid rising utilisation rates

Tata Consultancy Ser.. has an average target of 4063.82 from 11 brokers.

Wipro Ltd.

19 Jun 2025

269.65

0.71%

Wipro Shares In Focus: Is Buyback On Cards?

NDTV Profit

A buyback exercise could not only reward Wipro shareholders, but also provide short-term momentum to the stock.

Wipro Ltd. is trading below its 150 day SMA of 277.0

Tata Consultancy Services Ltd.

19 Jun 2025

3406.20

-0.16%

IT Employees Union Oppose TCS' 225 Billing Days Mandate

NDTV Profit

TCS, in its updated talent deployment policy, mandates 225 billing days of billing for employees, essentially capping the bench time to 35 days in a year.