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1.  HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Top Stories Tic Tac Collaborates with Yashraj Mukhate to Launch the #TicTacLife Campaign FPIs purchased and sold Nifty IT index equities in Q4  Home - Markets - FPIs purchased and sold Nifty IT index equities in Q4  Search here ... Latest Update RECENT POPULA R COMMO N  April 19, 2023 Alia Bhatt’s Sawalia avatar to launch Halo Paints, assist Ayushman Khurrana in JSW’s new campaign Markets  April 19, 2023  April 19, 2023 The RBI may have to wait until 2026 for an Updated CPI In?ation Series By Gurpreet Kaur  2 hours ago  0  37  2 minutes read Facebook Twitter            April 19, 2023 Foreign portfolio investors (FPIs) reduced their holdings in four IT ?rms, including Infosys, Mphasis, and Tech Mahindra, out of ten Nifty IT index participants in the March quarter, according to data collated by corporate database AceEquity.   Elon Musk Announces the Development of the “TruthGPT” Chatbot L&T Technologies, HCL Technologies, and LTIMindtree were among the technology ?rms in which institutional investors increased their holdings by more than 100 basis points during the quarter.  Infosys   April 19, 2023 IT Minister KTR Invests in a School-Based Company to Bridge the Digital Gap Infosys was among the stocks they sold, with FPIs cutting their stake to 35.08 percent in the March quarter, down 120 points from 36.28 % in the December quarter. Not only did Infosys’ quarterly results fall short of expectations, but its FY24 projection of 4-7 percent YoY constant currency (CC) revenue growth was much lower than the 13-15 percent it projected for FY23 at the start of the previous year.   The net new business wins for Infosys in the March quarter were $440 million, the lowest reported ?gure since the pandemic. Analysts believe that a 300-basis point increase in sales growth projection for FY24, rather than the customary 200-basis point increase, re?ects more uncertainty in the demand situation.  Most Viewed Mphasis   February 15, 2023 FPIs reduced their investment in Mphasis by 117 basis points to 17.72 percent from 18.89 percent previously. On April 27, this IT business will release its quarterly results. According to ICICI Securities, the IT ?rm’s sales would increase 8.9% year on year to Rs 3,532 crore.   HOME Adani Group equities are the Subject of This Week  CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS The pro?t for the quarter is expected to be Rs 420.80 crore. The brokerage expects the Ebit margin to be 15.9 percent for the quarter, up from 16 percent in December and 14.3 percent in the same quarter last year, while revenues for the IT giant would decline 0.9 percent sequentially in CC terms.   March 3, 2023 FUND RAISING  Tech Mahindra 

2. VCs’ ?xation with start-ups’ topline, says CEO of Infosys FPI reduced interest in Tech Mahindra by more than 100 basis points. FPI holdings in this IT stock fell 1.08 percent to 26.87 percent from 27.95 percent. TechM is considered the lone outlier among tier-I IT enterprises that may experience a fall in successive CC sales.  The IT behemoth is likely to raise net sales by 13.6% year on year (0.2%) to Rs 13,760 crore. Pro?t is expected to dip 13.9% year on year to Rs 1,330 crore. According to Motilal Oswal Securities, revenue in dollar terms may climb by 0.3% for the quarter, while revenue in CC terms is expected to decline by 0.7%.   January 31, 2023 IHC investment leads Adani Enterprises shares to boost by 5%   Tata Consultancy Services (TCS)  TCS was the fourth Nifty IT index stock in which FPI reduced its holdings in the March quarter. FPI holdings in this IT business were reduced by 11 basis points to 12.94% from 13.05%. Following the release of disappointing March quarter earnings, several brokerages have reduced their price estimates on the equities.    February 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs According to analysts, the near-term visibility on order ?ows remains limited, and TCS’ growth may trail that of competitor Infosys in the next years. They have price goals ranging from Rs 2,638 to Rs 3,860.  LTTS, HCL Technologies  FPIs increased their investment in L&T Technology Services (LTTS) to 7.22 percent from 6.04 percent, a 118-basis point increase. In contrast, FPIs increased their position in HCL Technologies, which will publish Q4 earnings on Thursday, from 17.17 percent to 18.29 percent. Motilal Oswal says HCL Tech is one of the key bene?ciaries of Cloud usage at scale due to its experience in IMS.   February 27, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  However, the IT ?rm’s fourth-quarter earnings are projected to be hit by software business seasonality. HCL Tech’s revenue is predicted to increase by 20.3 percent year on year (1.8 percent quarter on quarter) to Rs 27,180 crore. Pro?t is expected to increase 9.6 percent year on year to Rs 3,940 crore. The consecutive USD sales growth rate is 1.5 percent, whereas the sequential CC revenue growth rate is 0.5 percent.   March 3, 2023 Buy Adani Group Stocks, Advises ICICIdirect   You can share this post!           Most Reviews  Previous article Tic Tac Collaborates with Yashraj Mukhate to Launch the #TicTacLife Campaign Next article  IT Minister KTR Invests in a School-Based Company to Bridge the Digital Gap RECENT POPULA R COMMO N  April 19, 2023 Related Articles Alia Bhatt’s Sawalia avatar to launch Halo Paints, assist Ayushman Khurrana in JSW’s new campaign MARKETS MARKETS MARKETS  April 19, 2023 The RBI may have to wait until 2026 for an Updated CPI In?ation Series Stocks in which FPIs Increased their Holdings Despite… Sensex has dropped nearly 750 points, while the… Brightcom Counsel  April 18, 2023  April 17, 2023  April 15  April 19, 2023 Elon Musk Announces the Development of the “TruthGPT” Chatbot Leave a Reply Your email address will not be published. Required ?elds are marked * HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING 

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