Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
HDFC and HUL are the latest entrants in the club
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
Top ten billionaires in India.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
Stocks of companies having operations and exports to Europe were the top losers.
Facebook enabled users to mark themselves safe in Chennai since Thursday morning
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
The recovery was led by information technology exporters.
There is speculation that CSC is splitting its operations and HCL is likely to bid for it.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
'Don't waste your time in doing long pointless graduation courses.' 'Try and get into an apprenticeship or a job after Class 10 or Class 12, as there is always time to get back to academics and learn new skills.'
IT majors along with metal names Sesa Goa and Hindalco buck trend.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
Sensex closed over 118 points down on Thursday.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Pravin Rao says firms with revenue of $600-700 millon will be preferred.
Employers are laying the welcome mat for Gen Y -- from hiring videos to claims for the coolest interview ever.
With Infosys reportedly increasing the pay packages of senior executives, including executive vice-presidents and a few vice-presidents, threefold, the Indian information technology (IT) services space might well get a new benchmark.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
The rise in India Inc's market value was led by asset-light firms.
The Street is especially looking forward to the management commentary to get a sense of its new direction
HCL Technologies and Infosys should benefit more than TCS and Wipro
Corporate India's earnings in the past two quarters were largely driven by the rupee's sharp fall versus the dollar in the second quarter of this financial year.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
