Tag: it

Hitesh Oberoi, Co-Promoter, MD & CEO of Info Edge, discusses the growth in IT hiring, positive Naukri JobSpeak index movement, and real estate success. He also addresses EBITDA margins, recruitment trends, and global market influences, including exceptional losses and FY25 projections. Oberoi says IT hiring is more indexed to what happens in the US and the global economies than to what happens in the Indian economy and it has to be seen how that plays out over the next few quarters.

Sameer Kaul from TrustPlutus Wealth highlights Quick Service Restaurants (QSR) as a dark horse sector, emphasizing the IT sector\’s challenging outlook. He discusses various market factors, including corporate earnings, FII flows, and Gen Z investing advice. Kaul says that given the surging monthly GST collections, we believe the earnings season will end on a positive note with no major hiccups.

Gartner\’s DD Mishra anticipates AI-led growth in 2024-25, with CIOs relying on consulting services amid uncertainties. Crisis drives IT spending, while niche areas like midcap IT, ER&D, and automotive industry are expected to outperform. Mishra says: \”We will see disruptions in the short term, but the long term outlook is positive.\”

Q4 results today: HDFC Bank to release Q4 numbers today with expectations of strong growth. TCS exceeded estimates, Infosys faced challenges in Q4.

(Reuters) – Shares of Donald Trump\’s media and technology company were up more than 3% on Friday after it asked the Nasdaq exchange to help prevent \”naked\” short-selling in its shares.

LONDON (Reuters) – Bitcoin\’s long-anticipated \’halving\’ is, depending on where you sit, a vital event that will burnish the cryptocurrency\’s value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price.

Sandip Sabharwal advises caution in volatile markets due to Middle East tensions and evolving global trends. Market dips should be carefully assessed for investment opportunities. \”The first level where I would like to start buying more aggressively will be more near 21,000 of the Nifty and if by chance it falls further to between 20,000 and 20,500, then I would like to be fully deployed at that stage.\”

Q4 Results Today: Mixed Q4 earnings for IT sector with TCS outperforming and Infosys lagging. Awaited reports from companies like Wipro, Hindustan Zinc, Sejal Glass, and others will provide further insight into the sector\’s performance.

Investor interest in Tesla\’s (NASDAQ:TSLA) Advanced Driver-Assistance Systems (ADAS) and autonomous driving software has surged recently, including the company’s much-debated Full Self-Driving (FSD) consumer offering and potential robotaxi services.

Elon Musk\’s recent announcement regarding Tesla (NASDAQ:TSLA)\’s entry into India signals a significant stride towards bolstering the country\’s electric vehicle (EV) ecosystem. Despite India\’s relatively small EV market, comprising only 2% of total vehicle sales in 2023, the potential for growth remains immense. The premium segment, encompassing vehicles priced over US$35,000, constitutes a mere 2% of the market, yet projections indicate a substantial rise in high-income households and overall passenger vehicle sales over the next decade. Here\’s what Morgan Stanley (NYSE:MS) has to say.

Sandip Sabharwal discusses the challenges and opportunities in various sectors, emphasizing the importance of waiting for corrections to invest in high-growth potential stocks. He provides insights on telecom, exchanges, IT, consumer stocks, and global trends.

Infosys Q4 Results: Revenue from operations in the fourth quarter stood at Rs 37,923 crore, up 1% from Rs 37,441 crore clocked in the previous year\’s quarter. The IT major expects operating margins to be anywhere between 20-22% in the current fiscal.