{ }
The Nifty IT index surged nearly 2% on November 22, driven by positive US labor market data, with all ten components rising between 1-2%. TCS, Infosys, and HCLTech led the gains, marking the index's third consecutive day of increases after a challenging September and October. The index has gained over 5% in November, reflecting optimism for Indian IT firms benefiting from the US market.
HCLTech is well-prepared to navigate potential U.S. visa policy changes, with around 80% of its U.S. workforce being non-visa dependent, according to Morgan Stanley. The company has expanded its nearshore centers to further mitigate visa-related risks amid concerns over stricter H-1B visa scrutiny under the Trump administration. HCLTech shares have risen 25% year-to-date, outperforming the Nifty 50, with a current target price of Rs 1,970.
Google Cloud has launched AI Agent Space, an ecosystem enabling businesses to co-create and deploy customizable AI agents, contrasting with competitors like Microsoft and SAP that focus on large-scale integration. While currently offering only 19 distinct agents, Google plans to expand its catalog significantly, promoting partner-developed solutions through its marketplace. This initiative highlights Google's commitment to innovation and flexibility in meeting diverse enterprise needs.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.