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IT stocks stage a comeback: Five factors supporting the strong upmove

IT stocks stage a comeback: Five factors supporting the strong upmove

Jun 02, 2026, 04:40 PM IST

"Nifty IT has been one of the stronger-performing sectors in the market lately, showing impressive strength. Improved sentiment towards global technology companies, growing interest in artificial intelligence, and expectations of stable demand from overseas clients have supported the sector's recovery," a market participant stated.

TCS, Infosys, HCL Tech, Wipro, Coforge, Mphasis, TechM: IT stocks to buy— Fresh targets

TCS, Infosys, HCL Tech, Wipro, Coforge, Mphasis, TechM: IT stocks to buy— Fresh targets

Jun 02, 2026, 11:05 AM IST

Indian IT stocks hogged spotlight on Tuesday with the index rising nearly 5 per cent, bucking the weakness in the broader markets.

Top stocks in news: Alkem Labs, Ola, Wipro, NMDC, Acme Solar, PNC Infra, NHPC, Anant Raj

Top stocks in news: Alkem Labs, Ola, Wipro, NMDC, Acme Solar, PNC Infra, NHPC, Anant Raj

Jun 02, 2026, 07:34 AM IST

Stocks like Alkem Labs, Ola Electric, Wipro, NMDC, Acme Solar, PNC Infra, NHPC, Anant Raj, Equitas SFB, Canara Bank will be in the spotlight on Tuesday, June 02, 2026.

Wipro, Infosys, Hexaware, LTM, Persistent: 'SaaSpocalypse' not real, says CLSA

Wipro, Infosys, Hexaware, LTM, Persistent: 'SaaSpocalypse' not real, says CLSA

Jun 01, 2026, 02:50 PM IST

The latest quarterly results clearly defy the SaaSpocalypse narrative, CLSA said while adding that IT companies that have strong partnerships with SaaS providers should continue to see healthy demand.

IT stocks: Infosys, Tech Mahindra, TCS lead gains on Sensex, Nifty; Nifty IT zooms 1,000 pts

IT stocks: Infosys, Tech Mahindra, TCS lead gains on Sensex, Nifty; Nifty IT zooms 1,000 pts

Jun 01, 2026, 11:13 AM IST

Infosys, TCS, HCL Technologies, and Tech Mahindra shares were the top Sensex gainers. Wipro shares were also up over a per cent today.

Dividend, buyback, bonus shares alert! RIL, Wipro, Trent among stocks to turn ex-date next week - List

Dividend, buyback, bonus shares alert! RIL, Wipro, Trent among stocks to turn ex-date next week - List

May 30, 2026, 12:06 PM IST

Joining the bonus parade is wealth management firm Anand Rathi Wealth Ltd. The stock is scheduled to turn ex-bonus on Wednesday, June 3, 2026.

Wipro's Double Bottom Reversal, Top BFSI IT Stocks & Long-Term Strategy

Wipro's Double Bottom Reversal, Top BFSI IT Stocks & Long-Term Strategy

May 29, 2026, 04:56 PM IST

If you've been holding Wipro or waiting for the right time to action, a major new development just changed the game. Business Today’s Sakshi Batra and guest analyst Gaurav Sharma Associate VP & Head of Research, Globe Capital take a deep dive into the IT sector to analyze Wipro following its recent positive news. After underperforming its peers for over two years, Wipro is showing early signs of a technical reversal with a double-bottom formation and rising volumes. Gaurav Sharma explains the exact strategy to approach this stock and highlights why he is targeting high-performing, BFSI-focused IT companies like OFSS, Coforge, and Mphasis for the long term instead. Learn why patience is key and why short-term trading should be avoided in the current setup.

What’s Hot: Stocks, Gold & Big Money Moves | Daily Market Show | Business Today TV

What’s Hot: Stocks, Gold & Big Money Moves | Daily Market Show | Business Today TV

May 29, 2026, 03:21 PM IST

Markets remained volatile as weak monsoon forecasts, crude oil uncertainty and global tensions kept investors cautious. On Business Today’s “What’s Hot,” Globe Capital’s Gaurav Sharma decoded the key triggers driving Dalal Street right now. He explained how IMD’s below-normal monsoon prediction could fuel inflation worries and impact the broader economy. The discussion also covered falling crude oil prices, concerns over global inventory shortages, and the possible impact on Indian equities. The show highlighted top buzzing stocks including Wipro, MCX, Coal India, Ashok Leyland, PhysicsWallah and Wockhardt, along with insights on IT, pharma, real estate and commodity sectors. Gaurav Sharma also shared his market strategy, warning investors to stay cautious, avoid going all-in, and maintain cash positions amid rising uncertainty and global volatility.

AI Hype Is Fueling Global Markets — But Why Is India Still Missing The Big Opportunity?

AI Hype Is Fueling Global Markets — But Why Is India Still Missing The Big Opportunity?

May 29, 2026, 01:29 PM IST

While global tech giants are seeing massive rallies on the back of AI excitement, Indian IT companies are yet to show meaningful earnings impact from AI partnerships. Mayuresh Joshi explains why India lacks a strong AI market trade, what’s driving the global AI frenzy, and whether Indian companies can still catch up in the race.

Wipro shares: IT stock rises 5% in early deals; here's why 

Wipro shares: IT stock rises 5% in early deals; here's why 

May 29, 2026, 09:24 AM IST

In the domestic market, the IT stock gained 5% to Rs 211.20 on BSE in the current session. Market cap of the IT firm stood at Rs 2.18 lakh crore.  

Infosys, TCS, Wipro, HCL Tech: IT stocks lead Nifty gainers; factors fueling the rally 

Infosys, TCS, Wipro, HCL Tech: IT stocks lead Nifty gainers; factors fueling the rally 

May 29, 2026, 10:23 AM IST

Infosys (4.20%), TCS (2%), HCL Technologies (1.92%) and Tech Mahindra (1.40%) shares were the top Sensex gainers today.