Sensex soars 965 points as IT, banking and auto stocks lead market rally
The Indian stock markets ended on a strong note on Friday, supported by robust buying in auto, information technology (IT), and banking stocks.
The Indian stock markets ended on a strong note on Friday, supported by robust buying in auto, information technology (IT), and banking stocks.
Indian stock markets on Monday recovered smartly from early losses to close marginally higher, led by gains in information technology (IT) stocks.
Indian stock markets ended the week on a positive note on Friday, extending their winning streak to a third consecutive session, with the Nifty closing above the 24,250 mark, supported by buying in IT, pharma, metal and realty stocks.
Over 73,200 jobs were cut in the initial three months of 2026 Q1FY26 by 95 Information Technology (IT) companies, data compiled by Layoffs.fyi said.
Artificial Intelligence is often described as the next phase of Information Technology. This idea has gained widespread acceptance across boardrooms, universities, and policy discussions.
BJP West Bengal co-observer and national IT in-charge Amit Malviya, took to X to voice his outrage, stating that the administration, led by chief minister Mamata Banerjee has made Bengal unsafe for women.
The report by the IT industry’s apex body Nasscom was launched on the sidelines of the Nasscom Global Inclusion Summit at Bengaluru.
IT-Software & Services lead the market in terms of salary packages across different experience levels, including the entry-level professionals.
The Grievance Appellate Committees under the IT Rules, 2021 received 1,065 cases since its inception and disposed of 937 cases, ensuring accountability of intermediaries towards safe and trusted internet, the Parliament was informed on Friday.
The IT Ministry said that 27 companies have cumulatively invested Rs 464.66 crore under the PLI scheme for IT hardware and PLI scheme 2.0 for IT hardware.