{"id":854154,"date":"2024-09-11T08:55:25","date_gmt":"2024-09-11T03:25:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=854154"},"modified":"2024-09-11T09:04:03","modified_gmt":"2024-09-11T03:34:03","slug":"it-shares-in-demand-coforge-up-6-as-motilal-oswal-upgrades-stock-to-buy","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/11\/it-shares-in-demand-coforge-up-6-as-motilal-oswal-upgrades-stock-to-buy\/","title":{"rendered":"IT shares in demand; Coforge up 6% as Motilal Oswal upgrades stock to &#8216;Buy&#8217;"},"content":{"rendered":"<p>Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. <\/p>\n<p>The IT sector is now on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to analysts. <\/p>\n<p>Coforge, LTIMindtree, Mphasis, Persistent Systems, L&amp;T Technology Services (LTTS), Wipro, HCL Technologies, Tech Mahindra, Infosys and Tata Consultancy Services (TCS) have rallied in the range of 2 to 6 per cent in Tuesday&#8217;s intra-day trade. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. The IT sector is now on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to analysts. Coforge, LTIMindtree, Mphasis, Persistent Systems, L&amp;T Technology Services (LTTS), Wipro, HCL Technologies, Tech Mahindra, Infosys and Tata Consultancy Services (TCS) have rallied in the range of 2 to 6 per cent in Tuesday&#8217;s intra-day trade.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-854154","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/854154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=854154"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/854154\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=854154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=854154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=854154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}