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The Latest Breaking News from LTIMindtree

TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloff

Indian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a rough ride in recent months because investors worry that AI could hurt billing growth, reduce manpower-linked revenue and force companies to pass productivity benefits to clients. With…

The Economic Times

The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?

India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future guidance, citing client spending slowdowns, pricing pressures, and the disruptive impact of AI. Investors are keenly watching if current valuations…

The Economic Times

Amit Khurana backs LTIMindtree, OFSS and eClerx as tactical bets

Amit Khurana of Dolat Capital has upgraded India's IT sector, citing depressed valuations and rupee depreciation as key drivers. He believes the market is underpricing these tailwinds, projecting double-digit net earnings growth for IT exporters by FY27. Khurana also highlighted four specific IT stocks he is backing, including LTIMindtree, OFSS,…

The Economic Times

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2 top stock recommendations by Vinay Rajani

Indian stock markets are cautious. The Nifty is losing support levels, indicating a bearish trend. Midcap and smallcap stocks are also seeing profit booking. IT and metals sectors show relative strength. Analysts suggest selective long opportunities in IT, like LTIMindtree, and shorting PSU banks such as Bank of India.

The Economic Times

Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why

IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.

The Economic Times

L&T Infotech, Mindtree announce merger; combined entity to be called 'LTIMindtree'

NEW DELHI: Larsen Toubro Infotech (LTI) and Mindtree announced a merger on Friday, with an aim to create India's next large-scale IT services player.

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