Tech, banks weigh on Wall Street
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With this fall, the stock has declined to the lowest level since June 2024. From its recent 52-week high of ₹18,471, the stock is down over 40%. The fall has also taken Dixon's market capitalisation has declined below the ₹70,
Oracle and other firms are taking out loans to build data centers that they will rent to AI companies. Investors are starting to wonder if that bet will pay off.
HCLTech on Monday posted an 11.2% year-on-year decline in consolidated net profit to ₹4,082 crore for the third quarter ended December 31, 2025, compared with ₹4,594 crore in the corresponding quarter of the previous fiscal year.
Brokerage firm Jefferies, maintained its "buy" rating on the stock on Tuesday, but cut its price target to ₹5,940 from ₹7,780 earlier. The revised price target also implies a 55% upside potential from current levels.
Tech stocks plunge as Infosys, Wipro, TCS slip over 3%; discover the 4 key reasons behind today's IT sector selloff. Read more now!
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Why Broadcom (AVGO) shares are falling today
What Happened? Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 3.1% in the morning session after a broader market rotation out of the technology sector led to profit-taking following a recent rally.
The international brokerage has downgraded HCLTech shares to 'Hold' from ‘Outperform’, and cut its rating for Tech Mahindra to 'Outperform' from 'High Conviction Outperform'.
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Kaynes Tech shares extend fall, sink 13% today as Kotak flags disclosure gaps; Co issues clarification
Shares of Kaynes Technology India Ltd continued their decline for the third straight session on Friday after Kotak Institutional Equities highlighted multiple inconsistencies in the company's FY25 related-party disclosures. The stock slipped 12.67 per cent ...
U.S. stock indexes fell, led by a drop in big technology shares, including Oracle, Nvidia and Tesla. Fed Minutes Could Show How High the Bar Is for More Rate Cuts Minutes from the Dec. 9-10 meeting of the Federal Open Market Committee are due out at 2 p.m ...
Q4 2025 saw outflows from tech stocks that went directly into defensive stocks over gears of tech overvaluation and hype.
Losses for several banks and Big Tech stocks pulled indexes lower on Wednesday, even though the majority of stocks on Wall Street rose.