Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run. Stocks that were in focus included names like Just Dial, which rose 1.82%, HDFC Life, which declined 3.55%, and Wipro, whose shares jumped 6.37% on Monday. … Read more
Brokerage firm Jefferies maintained a hold rating on HCL Technologies and an underperform rating on Wipro post-Q3 results. Goldman Sachs maintained a buy rating on Polycab India and UBS initiated coverage on SBI Cards with a neutral rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies … Read more
Into the third day of the earnings season and behind three dozen results including those of Nifty heavyweights Tata Consultancy Services (TCS), Infosys, HCL Technologies and Wipro, Saturday will be relatively calmer with six companies announcing their December quarter earnings. However, Street will be keeping a track of results of Avenue Supermarts, the company which … Read more
ET Intelligence Group: HCL Technologies (HCLTech) on Friday delivered better-than-expected numbers for the December quarter helped by the ramp up in Verizon deal and buoyancy in the software licence and subscription business. The country’s third largest IT exporter reported the strongest sequential growth of 6% in dollar-denominated revenue, excluding the currency fluctuation effects (constant currency) … Read more
After IT bellwether Tata Consultancy Services (TCS) and Infosys started the earnings season on Thursday, 18 companies will be announcing their December quarter results today. Street will be having its eyes fixed on results of HCL Technologies and Wipro. The other important results that will be tracked today include those from HDFC Life Insurance Company, … Read more
In between hectic trading days, equity investors will have room for small breathers with four long weekends scheduled in the first three months of the current calendar year. In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off … Read more
Brokerage firm UBS upgraded Infosys and downgraded Wipro ahead of the December quarter results. JPMorgan upgraded TCS, Infosys as well as HCL Technologies. JPMorgan upgraded Tata Motors to overweight.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on IT sector: Infosys, Wipro, TCS and HCL TechnologiesUBS upgraded … Read more
