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.
India’s current account deficit (CAD) remains a key indicator of the country’s economic health, influenced by global trade dynamics and domestic policy shifts.
About 98 per cent of Indian business leaders are planning to increase investment in IT for sustainability over the next 12 months, as the country remains a leader in AI-driven sustainability initiatives, a report said on Thursday.
The Kerala High Court on Thursday issued notices to the Directorate of Enforcement (ED) and the Income Tax Department (IT) regarding the Kodakara hawala case.
India’s IT spending is projected to reach $160 billion in 2025, an increase of 11.2 per cent from 2024, according to a report on Tuesday.
Indian IT industry’s apex body Nasscom on Wednesday congratulated Republican candidate Donald Trump on his victory in the US presidential polls, saying they look forward to working closely with the new US administration to strengthen the dynamic tech partnership between the two nations.
