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HCL Tech upgraded as growth outlook lift outweighs margin woes
Investing.com -- HCL Tech raised its revenue growth guidance for the fiscal year on confidence in client demand despite a weaker first-quarter profit. Jefferies upgraded the stock to Buy on expectations of stronger long-term momentum.The IT services firm now expects constant-currency revenue to grow between 3% and 5% in 2026, the highest outlook among India’s top five software exporters. But the company also trimmed its margin forecast by a full percentage point, to 17–18%, after a steeper-than-expected decline in profitability.
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Could software act as a surprise safe haven in the tariff wars?
Investing.com -- The latest wave of U.S. tariffs rattled markets, hitting software stocks with declines ranging from low single digits to more than 10% in smaller-cap names. But according to Bernstein, the reaction may be more panic than substance.
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US reciprocal tariffs weigh on India, analysts say
Investing.com -- U.S. President Trump’s sweeping move to impose reciprocal tariffs on all trading partners, with India facing a 27% duty on its exports, has prompted a mixed reaction from market strategists, who see both insulation and emerging risks for the South Asian economy.
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India-US trade talks aim to reduce reciprocal tariff risks
Investing.com -- India and the United States are in advanced talks to address tariff imbalances, potentially reducing the threat of reciprocal tariffs on Indian imports, which have been a growing concern amid escalating trade tensions.
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DeepSeek AI breakthrough to benefit Indian IT stocks, Bernstein says
Investing.com -- Bernstein said Indian IT firms such as Infosys Ltd (NSE:INFY) and Tata Consultancy Services Ltd. (NSE:TCS) stand to benefit as the launch of DeepSeek’s generative AI models lowers inference costs, accelerating enterprise adoption.
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