IT Stocks

Despite mixed global demand, major Indian IT firms like TCS and Infosys continue to reward shareholders with dividends. This earnings season highlighted cash-rich companies committed to returning capital, with varied payout strategies amidst economic uncertainties.

The stock market saw gains on May 15, with Sensex rising 451.46 points and Nifty 50 up 143.25 points, led by IT stocks. Oil companies faced declines after fuel price increases, while the market remains volatile within a range of 24,500 to 23,200.

IT stalwarts like Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and others are either at or close to 52-week low levels, but one lesser-known stock, Oracle Financial Services Software (OFSS), has emerged as an unlikely winner.

Indian IT stocks faced heavy selling on May 12 following OpenAI's announcement of DeployCo, an AI-focused venture with over $4 billion in funding. The Nifty IT index dropped 3.3%, with TCS, Infosys, and Persistent Systems as concerns grew over competition from AI-native firms.

During the quarter under review, LIC’s share in NSE-listed stocks declined marginally to 3.71% as on March 31, 2026, from 3.72% in value terms, as the Indian stock market witnessed a steep selloff due to the Middle East war that resulted in a steep spike in crude oil prices.

Tata Consultancy Services has set May 25 as the record date for a final dividend of ₹31 per share for FY26. Shareholders must own the stock before this date to qualify for the payout, which will be distributed on June 12, 2026.

IT sector has remained in focus amid uncertain global demand, pricing challenges, and the transformative influence of artificial intelligence (AI) continue to reshape its growth outlook. Here's what experts recommended on IT sector stocks.

The Q4FY26 results of major Indian IT players reveal a mixed bag of performance amid rising AI influence and uncertain market conditions. For the week ended Friday, 24 April, the Nifty IT index crashed over 10%, while the equity barometer Nifty 50 declined about 2%.

Shares of leading IT stocks witnessed a massive decline in the early morning trade on Wednesday, 22 April, after leading tech firm HCL Technologies' March quarter results and poor management commentary sparked a fresh selloff in the sector.

Wipro buyback: IT giant Wipro announced its biggest-ever share buyback on April 16, worth ₹15,000 crore. Check out buyback details, along with expert opinions on whether you should participate or not.