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Indian multinational technology company
Infosys Limited is an Indian multinational technology company that offers information technology, business consulting, and outsourcing services. Founded in 1981 by seven engineers, the company is headquartered in Bengaluru and considered one of the Big Six Indian IT companies.
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Indian multinational technology company
HCL Technologies Limited (HCLTech) is an Indian multinational technology company headquartered in Noida, Uttar Pradesh. It was spun out of HCL Group in 1991 when HCL entered into the software services business. Founded by Shiv Nadar, the company has presence in 60 countries and over 223,000 employees. It is the third-largest India-headquartered IT services company by revenue and market capitalization. The company unveiled its brand identity "HCLTech", underpinned by the distinct positioning of Supercharging Progress™, in 2022.
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Indian markets tumble as Sensex drops 785 points and Nifty falls below 22,350 amid rising crude prices, RBI's hawkish stance, and rupee weakness. IT stocks like TCS, Infosys, and HCLTech defy the trend ahead of Q2 earnings.
The Sensex ended at 71,593.24, down 1,045.46 points or 1.44%. The index opened at 72,668.00 and touched an intraday low of 71,327.75. The Nifty 50 closed at 22,231.80, down 371.25 points or 1.64%.
Sensex Nifty Down: On Thursday, there was a notable decline in the Indian stock market, marked by a drop of over 1.5% in both Sensex and Nifty. This downturn was attributed to the RBI