GIFT Nifty Trades Above 22,100; Paytm, Religare Enterprise, TVS Motor, Wipro In Focus


  • Cloud & software program are displaying some indicators of restoration

  • Enterprise software program income streams stay extra resilient

  • Extra new offers closed finish of Sept than all of 3Q mixed, signal of acceleration from right here

  • AI is beginning to change the priorities as IT prepares for AI adoption

  • Discretionary spend stays muted, choose areas of tech spend may speed up

  • Cloud and AI partnerships strongest for big IT companies – TCS, INFOSYS

  • Outperform ranking on TCS with a goal value of Rs 4,170

  • Outperform ranking on Infosys with a goal value of Rs 1,740

  • Outperform ranking on TechM with a goal value of Rs 1,390

  • Market carry out ranking on HCL Tech with a goal value of Rs 1,640

  • Underperform ranking on Wipro with a goal value of Rs 400

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