Infosys, TCS or a Coforge, Persistent Systems? Why picking IT stocks is more art than science, explains Share.Market expert
Indian markets face uncertainty amid global economic shifts and geopolitical tensions, despite Nifty’s recent gains above 25,000. IT stocks show mixed signals, with caution advised despite Accenture’s revenue beat. FII inflows favor financials and energy, while mid and small-caps outperform largecaps, demanding careful stock selection.
Zee Entertainment shares zoom 10%, hit 10-month high on plans to achieve EBITDA loss breakeven
Zee Entertainment shares surged over 10% after the company outlined plans to achieve breakeven in its digital arm Zee5, boost ad revenue by 8–10%, and raise operating margins. Strategic initiatives include improving viewership, strengthening liquidity, and issuing warrants to enhance capital.
Infosys, Wipro, and other IT stocks drop up to 3% after Accenture Q3 results
Indian IT stocks, including Infosys, Wipro, and TCS, experienced a decline following Accenture’s Q3 results, despite the latter exceeding revenue expectations. Investor concerns arose regarding future demand trends and overall sector sentiment, overshadowing positive AI-driven service growth. The sell-off was also influenced by flagged headwinds from a sluggish U.S. federal contracting environment.
Peter McGuire warns prolonged conflict could stall global growth
Market trader Peter McGuire assesses the geopolitical situation’s impact on oil prices, emphasizing the timeframe’s importance. A short-lived conflict might cause a blip, but a prolonged issue, especially involving the Strait of Hormuz, could significantly elevate prices. McGuire highlights the potential for prices to surge beyond $100 if Iran blocks the Strait, urging observation of […]
Nifty 25K under fire: Aamar Deo’s strategy for BEML, Adani Power and 4 others stocks amidst Mideast war
Amidst geopolitical tensions and potential oil price surges due to US-Iran conflict, Indian markets show resilience. Nifty and Bank Nifty face key resistance levels, while IT sector interest remains strong but cautious. Financial services attract FII buying, and mid/small caps outperform, favoring fundamentally strong companies. Investors should hold winners like Swiggy and losers with support […]
How to trade Nifty after US bombs Iran? Rupak De shares his playbook
Amid Middle East tensions, Nifty is struggling around 25,000. Rupak De suggests a ‘buy on dips’ strategy above 24,850. NSE option traders will adjust strategies with expiry day changes. BSE options may capture post-policy moves better. A catch-up rally is expected in mid and smallcaps.
Zen Technologies shares gain 2% after board approves acquisition of TISA Aerospace
Zen Tech share price: Zen Technologies board has approved acquiring a 54.67% stake in defence tech firm TISA Aerospace, which specialises in loitering munitions and UAVs. The Rs 6.56 crore deal marks Zen’s strategic expansion into advanced drone warfare technologies, boosting its defence capabilities.
ETMarkets Smart Talk | Midcaps, Smallcaps and IT appear overheated as valuations stretch, says Ram Medury, Maxiom Wealth
Ram Medury of Maxiom Wealth advises caution in midcaps, smallcaps, and IT. He believes these sectors are becoming overheated. While the broader market looks good for the second half of 2025, investors should be careful. RBI rate cuts may boost banks, autos, and real estate. Geopolitical risks and trade talks remain relevant. Defence and consumer […]
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty 200 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 20, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the […]
Patil Automation set for NSE SME debut today. GMP hints at modest premium
Patil Automation, a Pune-based automation and robotics solutions provider, is set to debut on the NSE SME platform following a highly successful IPO that was oversubscribed by 101.42 times. The IPO, consisting of a fresh issue of 58 lakh shares, saw strong interest from various investor categories, with proceeds earmarked for a new manufacturing facility […]