The National Board of Examinations in Medical Sciences (NBEMS) has opened the edit window for the Foreign Medical Graduate Examination (FMGE) December 2025, allowing candidates to amend the information in their application forms until December 11. During this period
TCS, Infosys, Tech Mahindra, HCL: IT Stocks Surge Up To 3.2%; Is It Time To Buy Next Cycle?
TCS, Infosys, Tech Mahindra, HCL: IT Stocks Surge Up To 3.2%; Is It Time To Buy Next Cycle?
The information technology (IT) sector has again come into the spotlight after the stocks started rising again after a prolonged downturn, lifting benchmark indices. IT stocks, including Infosys, TCS, HCL Tech and Tech Mahindra, were the top gainers on the market today, November 24, surging by up to 2.75% in the early trade.
On the Sensex, Tech Mahindra was the top gainer surging by 2.3%, Infosys rose by 2.32%, HCL Technologies jumps 1.60%, and TCS gains 0.5%.
The overall BSE Information Technology index was trading higher by 1.6% at 36,445.76.
Why Are IT Stocks Rising Today?
The IT stocks rose on Monday as hopes of an upcoming US rate cut rises, boosting the tech companies' growth expectations. Indian IT companies are heavily dependent on the US market for revenue any rate cut there might mean more contracts and stronger earnings for IT companies in India.
Time To Buy Next Cycle?
Brokerage firm Choice said the IT stocks are at the bottom and the risks skew to the upside.
“IT sector re-rating depends on a new AI services cycle emerging, and this is largely a waiting game until the AI capex cycle moderates. We believe the wait may now be ending. Similar to the cloud build-out phase from 2016-18, the store, compute and infra layer are now in place; and while capex may still continue, we expect incremental spends on AI and services to pick up," Choice Broking said in a note on November 24, 2025.
It added, “We believe we are at the bottom and the risks skew to the upside. Our analysis suggests outsized gains if this plays out, whereas the current levels already bake in the status quo (GenAI-led deflation, demand apathy)."
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“We upgrade our growth estimates to factor in the growth recovery, which will start reflecting in growth rates in 2HFY27, taking full shape in FY28 as enterprises enter full-scale AI deployment. We upgrade Infosys, Mphasis, and Zensar to BUY and Wipro to Neutral," the brokerage firm said.
Source: News18
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The National Board of Examinations in Medical Sciences (NBEMS) has opened the edit window for the Foreign Medical Graduate Examination (FMGE) December 2025, allowing candidates to amend the information in their application forms until December 11. During this period
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