Nifty IT index has plunged 21% in February so far, and is poised for its worst monthly performance in nearly 23 years. This has also weighed on the performance of the Indian stock market’s benchmark index, as the IT companies command over 10% weightage. IT stocks witnessed a breather on Wednesday, February 25, in an…
Nifty has seen a bearish breakdown from the rising trendline connecting the higher bottoms of November 2025 and December 2025, along with a close below the 50-EMA. Nifty outlook: The coming session will be crucial, as sustained trading below the 25,900 level could open the door for further downside. Nifty on Thursday fell for…
The acquisition will be executed through a share swap, under which Coforge will issue 93.8 million equity shares at Rs 1,815.91 apiece, implying a non-cash consideration of about Rs 17,032 crore. Encora shareholders will hold about 21.25 percent of Coforge’s post-issue equity capital. “Coforge’s acquisition of Encora will create a $2.5 billion Tech Services…
Kotak AMC’s advice to investors is clear: avoid panic selling, continue SIPs, and stagger lump sum investments India’s decisive overnight strike — Operation Sindoor—targeting nine terrorist bases in Pakistan and Pakistan-occupied Kashmir (PoK), has reignited concerns over geopolitical tensions. But for market watchers, the key question is: Should investors panic or stay put? According to…
Market Today Bears tightened their grip on Dalal Street as the Indian benchmark indices shed more than 0.5 percent as investors remained concerned over India’s response to the terror attack and its consequences. Market started the May series on a positive note with Nifty rising to day’s high of 24,365.45 in the initial hours but…