Has correlation between Nifty IT index and NASDAQ ended?

Calendar year 2023 (CY23) has thus far proved to be a good year for select information technology stocks. In the US, for instance, the tech-heavy NASDAQ has rallied nearly 18 per cent thus far in......

After 10 years: Infosys may overtake Cognizant on revenue front

Slowing growth and execution challenges for Cognizant (CTSH) may well allow Infosys to overtake the former after a decade. Photograph: Vivek Prakash/Reuters Cognizant had marched ahead of Infosys......

JP Morgan downgrades Indian IT sector to 'underweight'

JP Morgan has downgraded the Indian information technology sector to ‘underweight’ as it believes the heydays of the sector are over. Photograph: Vivek Prakash/Reuters Rising margin......

Strong deal pipeline may boost Q1 show of IT firms: Analysts

Analysts across brokerage houses are pegging revenue growth in the range of 1.5 per cent to 4.5 per cent. Illustration: Dominic Xavier/Rediff.com A seasonally-strong quarter, with no immediate......