It was a swift reversal from earlier in the week, when Nvidia rallied to overtake its megacap peers and claim the pole position. Traders said there weren’t any fundamental reasons behind the two-day selloff at the end of the week, but it does underscore the breakneck pace at which the stock had climbed — almost 200% in the past year alone — and how that ascent now makes it vulnerable to sudden retreats like this one.
HCL Tech Q3 preview: Revenue may rise by up to Rs 6.8% YoY on software business growth
HCL Technologies is projected to report 4.3%-6.8% YoY revenue growth for Q3FY25. Brokerages foresee varying outcomes for revenue and profit, with key focus on software
January 12, 2025