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hcl tech

Sebi clears Roshni Nadar’s family share transfer in HCL Tech, aimed at smooth succession

by Mark McDuffie
Sebi clears Roshni Nadar’s family share transfer in HCL Tech, aimed at smooth succession

Capital markets regulator Sebi has granted an exemption to Roshni Nadar, Chairperson of HCL Tech, from making an open offer for her proposed indirect acquisition of shares and voting rights …

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HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

by Mark McDuffie
HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

Shares of India’s third largest IT company HCL Technologies jumped 1.3% to its day’s high of Rs 1,880.65 on the BSE after reporting a 10.5% jump in its September quarter …

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Nifty: Stopping Nifty weekly expiry will deprive hedging opportunity: Anand James

by Mark McDuffie
Nifty: Stopping Nifty weekly expiry will deprive hedging opportunity: Anand James

After BSE has announced that it will discontinue Bankex weekly expiries, the market is rife with speculations that NSE may choose Nifty Bank over Nifty as both exchanges have to …

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metal stocks: 4 metal stocks Dharmesh Shah is bullish on for near term

by Mark McDuffie
metal stocks: 4 metal stocks Dharmesh Shah is bullish on for near term

“We believe 51,400 to 51,000 should be the strong support for Bank Nifty and we should see a gradual recovery for Bank Nifty too. So, banking, metals, power space as …

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197 smallcaps offer double-digit returns as markets continue record-breaking run in August

by Mark McDuffie
197 smallcaps offer double-digit returns as markets continue record-breaking run in August

Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the …

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Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

by Mark McDuffie
Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

Having outperformed the broader Nifty 50 index in the last one year, the Nifty IT index rallied 8.5% in the last 7 consecutive sessions to reach its new peak at …

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Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

by Mark McDuffie
Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

Benchmark indices ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers. In today’s trade, shares of IndusInd …

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tech mahindra share price: 43 smallcap stocks post double-digit weekly gains amid market consolidation

by Mark McDuffie
tech mahindra share price: 43 smallcap stocks post double-digit weekly gains amid market consolidation

Indian markets traded in consolidation mode this week despite the initial caution around the Hindenburg-Adani saga. However, positive global cues, including better US retail sales data and the decline in …

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pfc shares: PFC, MRF among 115 stocks to trade ex-dividend this week. Do you own any?

by Mark McDuffie
pfc shares: PFC, MRF among 115 stocks to trade ex-dividend this week. Do you own any?

As many as 115 companies have fixed their record dates this week to determine the eligible shareholders for the payout of their dividends. Out of the lot, two are Nifty …

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Hot stocks: Brokerage view on HCL Tech and Avenue Supermarts

by Mark McDuffie
Hot stocks: Brokerage view on HCL Tech and Avenue Supermarts

Brokerage firms like Nomura and Investec have buy and sell views on HCL Tech, respectively, while JP Morgan and Bank of America have overweight and buy ratings on Avenue Supermarts. …

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