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2025-06-23 09:48:02| The Economic Times

Sowilo Investment Managers' Sandip Agarwal suggests caution for Indian IT. Accenture's CY25 outlook is uncertain. This casts doubt on Indian IT's H2 recovery hopes. While numbers are good, outsourcing weakness and Accenture's commentary raise concerns. IT stock valuations seem high. A bottom might appear when companies delay pay and offers. Currently, risk outweighs reward in the IT sector.

Category: News and Media
 

2025-06-23 09:12:26| BBC News | Business | World Edition

Iran's Press TV had earlier reported that parliament had approved a plan to close the Strait.

Category: News and Media
 

2025-06-23 08:41:20| The Economic Times

Zee Entertainment shares surged over 10% after the company outlined plans to achieve breakeven in its digital arm Zee5, boost ad revenue by 810%, and raise operating margins. Strategic initiatives include improving viewership, strengthening liquidity, and issuing warrants to enhance capital.

Category: News and Media
 

2025-06-23 08:07:33| BBC News | Business | World Edition

The country's economy has been surprisingly resilient but there are underlying problems.

Category: News and Media
 

2025-06-23 08:07:33| BBC News | Business | World Edition

The country's economy has been surprisingly resilient but there are underlying problems.

Category: News and Media
 

2025-06-23 05:35:05| The Economic Times

Zen Tech share price: Zen Technologies board has approved acquiring a 54.67% stake in defence tech firm TISA Aerospace, which specialises in loitering munitions and UAVs. The Rs 6.56 crore deal marks Zens strategic expansion into advanced drone warfare technologies, boosting its defence capabilities.

Category: News and Media
 

2025-06-23 05:30:00| The Economic Times

Amid Middle East tensions, Nifty is struggling around 25,000. Rupak De suggests a 'buy on dips' strategy above 24,850. NSE option traders will adjust strategies with expiry day changes. BSE options may capture post-policy moves better. A catch-up rally is expected in mid and smallcaps.

Category: News and Media
 

2025-06-23 05:30:00| The Economic Times

Ram Medury of Maxiom Wealth advises caution in midcaps, smallcaps, and IT. He believes these sectors are becoming overheated. While the broader market looks good for the second half of 2025, investors should be careful. RBI rate cuts may boost banks, autos, and real estate. Geopolitical risks and trade talks remain relevant. Defence and consumer durables sectors may perform well.

Category: News and Media
 

2025-06-23 04:45:05| The Economic Times

Indian IT stocks, including Infosys, Wipro, and TCS, experienced a decline following Accenture's Q3 results, despite the latter exceeding revenue expectations. Investor concerns arose regarding future demand trends and overall sector sentiment, overshadowing positive AI-driven service growth. The sell-off was also influenced by flagged headwinds from a sluggish U.S. federal contracting environment.

Category: News and Media
 

2025-06-23 04:28:10| The Economic Times

In the Nifty 200 pack, 10 stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 20, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

Category: News and Media
 

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