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Reuters - 2 일 전

Indian IT rally not over yet, says Morgan Stanley

BUZZ-Indian IT rally not over yet, says Morgan Stanley ** India's IT stocks have jumped 12%-40% since early June (vs Sensex's 12% gain) and the rally is not yet over, says Morgan Stanley ** MS says Q1 marks beginning of rev upgrade cycle and sees growth to continue for at least 1-2 quarters on likelihood of US rate cuts this month, pickup in BFSI s

Reuters - 3 일 전

Gen AI boosting productivity of Indian IT industry's fastest-growing niche, TCS exec says

Gen AI boosting productivity of Indian IT industry's fastest-growing niche, TCS exec says By Sai Ishwarbharath B BENGALURU, Sept 5 (Reuters) - Generative AI is helping India's top IT firm Tata Consultancy Services TCS.NS accelerate development in the industry's fastest-growing niche of engineering research and design, a senior executive told Reuters.

Reuters - 3 일 전

Indian shares moderate post global sell-off

BUZZ-Indian shares moderate post global sell-off ** India's Nifty 50 .NSEI and Sensex .BSESN largely flat as traders look for fresh cues to get clarity on the U.S. economy ** Ten of the 13 major sectoral indexes log marginal gains ** Weak economic data from the U.S. indicate a potential slowdown in the U.S. economy, weighing on for global markets including domestic equities, analysts said ** Asian shares were subdued in a data-packed week, investors are scouring for clues to the health of the U.

Reuters - 4 일 전

Indian shares fall tracking global markets; IT leads losses

BUZZ-Indian shares fall tracking global markets; IT leads losses ** India's Nifty 50 .NSEI and Sensex .BSESN fall 0.6% and 0.5%, respectively, led by IT stocks, tracking Asian shares and global stock futures ** Nifty IT index .NIFTYIT drops 1.4% on resurgent worries of a slowdown in the United States MKTS/GLOB ** IT companies earn a significant share of their revenues from the U.S.

Reuters - 5 일 전

Indian shares open little changed

INDIA STOCKS-Indian shares open little changed Updates at 9:50 a.m. IST BENGALURU, Sept 3 (Reuters) - I ndian shares on Tuesday steadied around record highs hit in the previous session, with investors eyeing fresh triggers from a raft of data that would provide clues on the extent of U.S. interest rate cuts. The Nifty 50 index .NSEI was mostly unchanged at 25,269.71 points, while the S&P BSE Sensex .BSESN opened 0.1% lower at 82,513.7. The Nifty 50 index logged thirteen straight sessions of gain

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