10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
The awards were given by the UN's body on women for their work on principles of women's empowerment and helping champion gender equality.
HCL Technologies on Monday announced it has bagged a mandate from French aircraft maker Airbus for development of sophisticated embedded software.
The issue arose after TCS dismissed hundreds of employees in January 2015, leading to the formation of the IT Employees Wing supported by the NDLF.
IT infrastructure solutions provider HCL Comnet on Thursday said it would increase its headcount to 5,000 from 1,800 in next three years and announced a tie-up with Trend Micro to offer network security solutions.
The World Bank would outsource over $10 million IT work to India in the next 12 months through its existing Indian partners, Nasscom
Infosys, Wipro, Satyam and HCL Technologies form the top five software and service exporters.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Wipro has already bought a 40 acre plot of land in Greater Noida and is looking for an additional 100 acres.
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
Appreciating rupee against the dollar and fresh buying by domestic institutional investors added to the momentum
Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
Industry experts are of the opinion that the spurt in recruitment happened as IT services firms went aggressive on hiring in anticipation of a strong demand environment.
HCL Technologies Ltd, India's fifth-largest software exporter, reported on Thursday second-quarter consolidated net profit fell 35.9 per cent year-on-year, slightly below market expectations, pushing its shares lower.
Over the past week, the BSE Sensex ended on a muted note, showing a marginal gain of 2.25 points at 28,114.56.
The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.
'Kindly advise about the following stocks. Can I hold or exit?'
IT shares were witness to broad-based selling in early trades as a strengthening rupee indicates lower revenues for these companies.\n\n
The market recovered on Monday due to bargain hunting in tech stocks. \n\n\n\n
IT stocks continued their upward sojourn on Thursday from Wednesdays upbeat run after global markets set a strong precedent.
HCL Technologies on Wednesday reported a whopping 194 per cent increase in its net profit to Rs 791.40 crore (Rs 7.914 billion) for the fiscal ended June 30 over the last fiscal.
For an annual dividend income of Rs 10 lakh or more, the investor will pay a DDT of 10 per cent
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
Country's third-largest software services firm Wipro has said it has been chosen as the official digital and IT partner for Chelsea Football Club.
There are no major announcements in the Union Budget 2014-15.
The Bombay Stock Exchange has resumed trading after three hours on Thursday.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
According to reports, Vodafone NZ had offered all its employees, other than call centre and retail staffers, voluntary severance package
In dollar terms, its m-cap rose to $76 billion
Tech stocks zoomed in the special trading session on Saturday on huge buying support.
The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
