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......

Are IT stocks a good contrarian bet from a one-year perspective?

The Nifty IT has been one of the worst-performing indices on the bourses this calendar year. Illustration: Dominic Xavier/Rediff.com Rising concerns of a potential global recession, which......

Salary Costs At IT Services Are Growing

'Companies are being forced to pay higher salaries to retain and hire employees due to a big rise in attrition in the industry.' Illustration: Dominic Xavier/Rediff.com There has been a surge in......