TECHNOLOGY STOCKS

TPG sells 3% stake worth Rs 1,230 crore in Tata Technologies via block deal

TPG sold a 3% stake in Tata Technologies on Tuesday for Rs 1,230 crore through Rise Climate Sf Pte Ltd. The shares, priced at Rs 1,014.16 each, were sold at a 3.2% discount to Monday’s closing price.

Shriram Finance, Tech Mahindra among 6 Nifty 50 stocks that hit fresh 52-week highs on Tuesday

4 Tata Group stocks correct up to 37% after logging multibaggers returns. Should you buy?

Tata Group stocks corrected up to 37% from their 52-week highs after strong rallies last year. Tata Investment Corporation led the decline, followed by Automotive Stampings, Tata Technologies, and Trent Limited. Experts noted these stocks could regain previous highs due to solid fundamentals and market stabilization.

Japan's Nikkei falls as Wall Street tech losses weigh

In early trading on Tuesday, Japan's Nikkei share average fell 0.5% to 37,936.68 following declines on Wall Street. Technology stocks led the drop, with companies like Tokyo Electron and Advantest pulling the index down. Broader Topix also dipped 0.2%. The yen's recent strength against the dollar further dampened market mood.

These 7 IT stocks hit 52-week highs and rallied up to 30%

HCL Tech, JSW Steel among 6 Nifty50 stocks that hit new 52-week highs on Monday

12 stocks held by maximum number of midcap mutual fund schemes in July

Dixon Tech, Amber Enterprises in EMS sector could give 13-19% return. Here’s why

India's electronic manufacturing sector had experienced substantial growth due to government measures like the PLI schemes. Companies such as Dixon Technologies and Amber Enterprises benefited from these initiatives, positioning themselves as key players. Further efforts were required to enhance component manufacturing and self-sufficiency.

Dixon Technologies among 4 stocks that are near the buy point. Do you own any?

Is technology revolutionizing your investment strategy or fueling your FOMO?

Investors must tread carefully, ensuring that they strike the right balance between the tactical applications of AI and a thorough understanding of its wider business implications

These 8 penny stocks surge 10-25% in a week

Tata Tech sees block deal worth Rs 1,200 crore, stock up 4%

Tata Technologies shares surged 4.5% to Rs 1,054 on BSE after a block deal worth Rs 1,218 crore, representing 2.9% of equity took place. About 1.2 crore shares were traded at Rs 1,019.8 each, according to reports.

Tata Group stocks rally; 6 of them turned multibaggers in a year

Stocks in news: Zomato, Paytm, Zen Technologies, Coal India, IREDA, Alkem Labs

Markets increased on Wednesday. Zomato approved a deal with Paytm. Coal India pursued lithium acquisitions. Zen Technologies launched a QIP. BEML signed an MoU with the Indian Navy. IREDA considered raising funds. Welspun Enterprises, Alkem Laboratories, India Grid Trust, and Cyient also saw notable activities.

Stock Radar: This Sensex IT stock with Rs 4.5 lakh crore m-cap is poised for new highs: time to buy?

HCL Technologies Ltd neared a breakout from its February 2024 highs, creating prospects for reaching 1,900 levels. Despite initially losing momentum and revisiting its 50-week moving average, the IT stock found support above 1,200 in June and has since recovered significantly. Currently trading above key short- and long-term moving averages, it is nearing a breakout from its February 2024 highs, closing at Rs 1,678 on August 19, 2024.

Multibaggers: These 10 companies maintained profit margin over 10% in last 4 quarters

360 One Wam, PVR Inox among 10 stocks where promoter pledge increased in Q1

Smallcap Mutlibaggers: 10 stocks with stellar quarterly sales and profit growth

Planning to gift stocks to your sister this Raksha Bandhan? L&T, TCS among 7 stock ideas by experts

Financial experts suggested gifting stocks this Raksha Bandhan for a more secure future. Stocks like Tata Consumer, ABB India, Reliance Industries, TCS, Larsen & Toubro, HCL Technologies, and Tata Motors are recommended for potential returns. The stocks were chosen based on their growth potential and solid performance history.

Inclusion of 7 stocks in MSCI indices could draw $3 billion

India saw an influx of up to $3 billion in August due to MSCI's adjustments to its indices. HDFC Bank's weight was increased, and restrictions on Adani Group stocks were lifted. Seven cos joined the global standard index, boosting India's weight in the emerging markets index to 20%.

5 lessons from Rakesh Jhunjhunwala's investment philosophy on his 2nd death anniversary

Rakesh Jhunjhunwala's Death Anniversary: Rakesh Jhunjhunwala, also known as the Warren Buffett of India, passed away two years ago. Renowned for his long-term investment strategy and faith in competent management, Jhunjhunwala managed Rare Enterprises. His legacy emphasizes patience, pragmatism, and learning from mistakes, guiding modern investors today.

Deal flow, project ramp ups to determine future performance of IT stocks

The initial euphoria in stocks of top IT companies after their June quarter financial performance seems to have waned. The stocks of Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro, Tech Mahindra, and LTIMindtree have lost between 3% and 6% in August so far driven by market volatility and mounting uncertainty over the demand form the US, a major market for Indian IT sector.

Defence sector may be back in action, ICICI Securities shares 5 stock picks

The Union Budget FY25 prioritized defence improvements and listed 346 items for indigenisation. ICICI Securities recommended investing in Solar Industries, Azad Engineering, Zen Technologies, Astra Microwave, and Dynamatic Technologies. The budget saw substantial increases in aircraft and aero engine allocations while maintaining stable funding for other defence areas.