FPIs turn net sellers in India stocks amid Middle East crisis

[ NEW DELHI: Foreign portfolio investors (FPIs) have recently become net sellers in Indian stocks as they cumulatively sold stocks worth Rs 5,254 crore, as per the recent data the National Securities Depository Limited (NSDL).Last time, they turned net sellers in January this year after which they consecutively were the net buyers in February and … Read more

Brace for disappointment! Indian IT sector employees likely to see flat salary hikes and deferred increments this year

[ Indian IT sector employees should brace for flat salary hikes and deferred increments in 2024. India’s information technology (IT) sector, valued at $250 billion, is predicted to witness stagnant salaries in 2024 due to the impact of global challenges on company operations. The sector, known for being a major employer in the country, is … Read more

After TCS, Infosys, Wipro & HCL Tech results, experts suggest Indian IT sector rebound likely in FY25

[ Growth in India’s information technology (IT) sector is expected to bounce back in the next fiscal year, according to experts. However, the recent performance of the country’s top four IT companies in the third quarter has not instilled much confidence, says an ET report.Although IT companies showed little improvement in market confidence following the … Read more