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Sectors & stocks analysts are betting on post the state poll outcome

The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Illustration: Dominic Xavier/Rediff.com Most analysts feel that the indices......

IT stocks log biggest gain in nearly three years as growth worries ebb

The gauge for the performance of informational technology (IT) stocks soared nearly 5 per cent—most in nearly three years—as growth worries eased following a robust order book posted by......

Accenture's lowered guidance spells more trouble for IT sector: Analysts

IT major Accenture’s second straight cut in its revenue growth forecast for FY23 suggests there is more pain ahead for the Indian IT sector, say analysts. Photograph: Albert Gea/Reuters......

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......

Should you invest in IT stocks? Here's what experts say

An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective. Puneet Wadhwa......

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