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BSE launches F O on Focused IT Index drawing heavy debut day turnover 148 crore

BSE launches F O on Focused IT Index drawing heavy debut day turnover 148 crore

BSE has rolled out India’s first futures and options contracts linked to the Focused IT Index, giving traders and investors new tools to hedge or bet on technology stocks. The launch drew strong participation, with debut day turnover hitting Rs 148 crore, underscoring rising appetite for sector-specific derivatives as market dynamics and global tech themes evolve.

Summarised by Beize from a story on The Economic Times on 11 May 2026
IT union NITES urges mandatory work from home advisory to cut fuel use and emissions

IT union NITES urges mandatory work from home advisory to cut fuel use and emissions

The Nascent Information Technology Employees Senate (NITES) has urged India’s Labour Ministry to issue an advisory making work from home mandatory for the IT sector. The union points to Prime Minister Modi’s call for fuel conservation and argues that IT firms maintained strong productivity remotely during the pandemic. NITES says WFH would reduce fuel consumption and environmental impact.

Summarised by Beize from a story on The Economic Times on 11 May 2026

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IT unions push work from home mandate for 5.8 million workers after Modi austerity push

IT unions push work from home mandate for 5.8 million workers after Modi austerity push

India’s IT employee body NITES has urged the Labour Ministry to mandate work from home for 5.8 million workers, citing Prime Minister Modi’s call for austerity to cut fuel use and reduce travel amid global uncertainty. The proposal seeks official guidance rather than voluntary remote work, framing WFH as a cost and emissions saving step for the IT workforce.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Coforge shares surge adding half a billion dollars as fiscal 2027 outlook shocks analysts

Coforge shares surge adding half a billion dollars as fiscal 2027 outlook shocks analysts

Coforge shares jumped on Wednesday, adding more than $500 million in market value after the company delivered a stronger-than-expected earnings outlook for fiscal 2027. Improved operating margins further fueled investor optimism, surprising analysts who had not expected Coforge to outpace larger IT peers. Trading activity reflected bullish sentiment as investors bet on sustained momentum.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Infosys slips out of India top 10 as Rs 2 lakh crore value evaporates

Infosys slips out of India top 10 as Rs 2 lakh crore value evaporates

Infosys has fallen out of India’s top 10 most valuable companies after losing about Rs 2 lakh crore in market value. The move has shaken investor confidence around growth momentum and whether clients will keep spending as the IT sector reshapes itself. While AI could create new demand, the transition is also creating fresh risks for established firms like Infosys.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
India tech giants struggle as $115 billion rout deepens after weak results

India tech giants struggle as $115 billion rout deepens after weak results

India’s leading software exporters are under pressure as Infosys and HCL Technologies reported results that missed expectations. Investor fears over slowing growth, worsened by a weak global economy and AI-driven disruption, have dragged valuations across the IT sector. The selloff has erased tens of billions in market value, intensifying doubts about the next phase of earnings momentum.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026

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India IT faces AI shock Arundhati Bhattacharya urges rapid upskilling to stay global

India IT faces AI shock Arundhati Bhattacharya urges rapid upskilling to stay global

Salesforce India CEO Arundhati Bhattacharya says AI will unavoidably disrupt jobs in India’s IT sector, but that the bigger story is rapid upskilling. She argues new roles will replace displaced ones and points to India’s young, adaptable workforce as the advantage needed to remain relevant in global tech markets—if companies and workers move fast.

Summarised by Beize from a story on The Economic Times on 26 Apr 2026
Infosys shares plunge 3.5% after Q4 results as FY27 guidance disappoints investors

Infosys shares plunge 3.5% after Q4 results as FY27 guidance disappoints investors

Infosys shares fell as much as 3.5% on April 24, hitting an intraday low of Rs 1,198.80, after the company reported Q4 results. The move came following a weak session overseas and, more importantly, investor reaction to guidance for FY27, which failed to meet expectations despite the quarter’s performance.

Summarised by Beize from a story on Republic on 24 Apr 2026
Tech Mahindra shares slip despite record dividend as profit miss rattles IT investors

Tech Mahindra shares slip despite record dividend as profit miss rattles IT investors

Tech Mahindra shares fell nearly 3% on Thursday, sliding to an intraday low of ₹1,418 and extending a four-day losing streak. The drop came as investors weighed a quarterly profit miss against the company’s record-high total dividend of ₹51 per share for FY26. Despite net profit rising 16% year-on-year to ₹1,354 crore, results came in about 10% below analyst estimates.

Summarised by Beize from a story on Republic on 24 Apr 2026
HCL Tech Slips as Websol and Adani Energy Rally in Wednesday Movers

HCL Tech Slips as Websol and Adani Energy Rally in Wednesday Movers

Wednesday’s market closed lower as IT stocks weighed on indices, but a handful of counters bucked the trend. Adani Energy Solutions and Websol Energy System stood out among six big movers, climbing on stock-specific triggers while other sectors struggled. Investors watched how earnings, deals, and sentiment reshaped winners and losers on the day’s trade.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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IT stocks dip on margin fears yet AI efficiency could steady the long-term story

IT stocks dip on margin fears yet AI efficiency could steady the long-term story

India’s IT sector is facing short-term disappointment after recent earnings, with investors focusing on margin pressure and conservative growth guidance. Experts, however, argue the long-term outlook remains stable, pointing to AI-driven efficiency gains—especially for large firms—and the potential for steadier, sustainable growth as valuations cool.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Infosys board gears up for CEO transition as Salil Parekh term nears end

Infosys board gears up for CEO transition as Salil Parekh term nears end

Infosys board members are set to discuss upcoming leadership changes as CEO Salil Parekh’s current term nears completion. A two-year extension is widely expected to help manage succession planning and ensure continuity. With industry disruptions reshaping demand and technology spending, investors are watching closely to gauge stability and the direction of the company’s next chapter.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
TCS hints at wage hikes after profit dip as revenue misses street estimates

TCS hints at wage hikes after profit dip as revenue misses street estimates

Tata Consultancy Services’ latest results show net profit down 1.7% year-on-year to ₹12,224 crore, while revenue grew 5.3% to ₹64,479 crore but still landed below market expectations. For FY25, revenue rose 6% to ₹2.55 lakh crore, boosted by a sharp 37.2% surge in regional markets. Management’s signals around compensation are now in focus.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tech Mahindra Shares Sink 5% Ahead of Q4 Results as Profit Takes Hold

Tech Mahindra Shares Sink 5% Ahead of Q4 Results as Profit Takes Hold

Tech Mahindra shares fell nearly 5% ahead of its crucial Q4 and FY results, despite brokerages projecting a 9% sequential rise in net profit to ₹1,453.8 crore. Traders booked profits as the stock dipped toward ₹1,428.60, with attention turning to management’s FY27 guidance and how “Project Fortius” restructuring is progressing.

Summarised by Beize from a story on Republic on 24 Apr 2026

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IT firms rethink hiring as Gen Z quits faster and replacement hiring surges

IT firms rethink hiring as Gen Z quits faster and replacement hiring surges

India’s IT sector is seeing a rise in replacement hiring as Gen Z professionals switch jobs faster. The churn is reshaping how firms recruit, onboard, train, and retain talent. In response, companies are leaning more on contractual roles and speeding up onboarding while investing in continuous reskilling to keep up with rapid workforce turnover.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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