Jefferies downgrade deepens Nifty IT selloff; Infosys, TCS weak
A Jefferies downgrade tied to AI disruption risk extended the Nifty IT decline, with Infosys, TCS, HCL Tech and Tech Mahindra trading weak intraday.
A Jefferies downgrade tied to AI disruption risk extended the Nifty IT decline, with Infosys, TCS, HCL Tech and Tech Mahindra trading weak intraday.
The Indian IT sector is going through a sharp correction. While news headlines blame “AI fears,” a deeper look at the data and market trends reveals multiple underlying causes that are driving this sell-off. The Numbers Tell the Story The fall in IT stocks has been severe and prolonged. The Nifty IT index is currently ...
Between July 28 and October 31, 2025, we tested the opening range breakouts strategy popularly known as ORB on Nifty futures with one constraint: one trade per session. No additional entries after a breakout filled, even if that trade exited early. This popular algo strategy was tested on a 5 min timeframe for intraday trades. ...
When you first learn about moving average crossovers, the concept seems almost too simple. Two lines on a chart. They cross. You buy. They diverge. You sell. Yet here’s the thing, simplicity is exactly why it’s worth testing. We backtested the 20 & 50 SMA Crossover strategy for algorithmic traders on over a decade of ...
The Indian stock market has witnessed some remarkable performers in 2025, with several companies reporting exponential growth in their Profit After Tax (PAT). In the article below we will discuss 5 stocks that have delivered exceptional profit growth, making them attractive for investors looking for high-growth opportunities. Important to note that 4 of these 5 ...
JM Financial Ltd., a well-known financial services company, shared its financial results for the last quarter of the financial year (January to March 2025). The company went through a tough market and reported a fall in both profit and revenue. Still, it announced a dividend which shows that it remains committed to giving value to ...
About IREDA Indian Renewable Energy Development Agency (IREDA), a ‘Navratna’ PSU Company. It is India’s one of the largest green financing NBFC. Since 1987, it has driven renewable energy projects like solar, wind, and hydro. Company have 75% government stake as of March 2025. It is also into financing of Ethanol projects which is of ...
The price of iPhone 16 models in the United States will rise significantly due to the new 84% tariff imposed by China. Based on calculations, the current $1,199 iPhone 16 would see a price increase of $1,007.16, bringing the total cost to $2,206.16. Impact on Different iPhone 16 Models The price hikes will affect the ...
Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6% from 6.25%, announced in the meeting held on 9th of April. Trump’s reciprocal tariff is a possible reason behind this second rate cut this year. Reasons behind RBI’s Rate cut The RBI’s Monetary Policy Committee (MPC) stated that this ...
9th April 2025 – Flagship index Nifty closed 126.35 points lower ending the day at 22504. Binani Industries Limited (BINANIIND) was among the top gainers ending the day at 19.97% higher. Among the losers, stocks like G-tec Jainx Education Limited and Blue Jet healthcare fell more than 10% intraday. Healthcare stocks are falling mainly due ...