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.
"Karnataka is on the way to becoming the global creative capital." This big claim comes from Karnataka IT, BT and Panchayati Raj Minister Priyank Kharge after the culmination of a three-day global congregation of experts from cutting-edge technologies and professionals from the creative fields of the arts, films, gaming, and the entertainment world from across the globe.
Benchmark indices, on Monday, extended their fall to a fifth session in a row, taking the Nifty 50 to the lowest level in last eight months. The fall was led by selling in IT, Realty and Telecom shares.
Driven by the government's production-linked incentive (PLI) scheme, India’s semiconductor consumption market which is valued at $52 billion in 2024-25 is expected to grow at a robust CAGR of 13 per cent through 2030.
The Bengal Global Business Summit 2025 featured a dedicated session on the IT and ITeS sector, highlighting the transformative potential of IT and electronics in West Bengal.
Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, said on Thursday that smartphones now rank second in India's exports from 14th position just four years ago.
