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Infosys shares fell nearly 3 per cent after the IT major lowered the upper end of its FY27 revenue growth guidance despite reporting a 12.2 per cent rise in June quarter net profit. The company also announced Ashiss Kumar Dash as CEO-designate
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Tech Mahindra shares rose over 3 per cent after the company reported a 28.4 per cent increase in consolidated net profit for the June quarter. The IT firm also expressed confidence in sustaining growth, backed by a strong order book and robust demand
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Indian equity markets opened higher, led by strong buying in IT stocks amid positive global cues and investor optimism. Benchmark indices gained in early trade as technology shares advanced, while market participants remained focused on corporate earnings and broader economic developments
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TCS shares climbed more than 4 per cent after the company reported a rise in June-quarter profit and expressed optimism about demand improving in the current quarter. The earnings also lifted other IT stocks and supported a broader market rally
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Indian benchmark indices advanced in early trade, supported by positive global cues, easing crude oil concerns and renewed foreign investor buying. IT and banking stocks led gains, while analysts said improved technical indicators and stronger fundamentals continued to support market sentiment
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Indian equity markets opened June on a strong note, with Sensex and Nifty rising nearly 1% led by IT gains, despite high oil prices and geopolitical tensions. Global cues were positive as Asian markets rallied and crude oil prices surged
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Indian equities rose modestly Friday, with Sensex and Nifty higher amid easing crude prices and strong earnings. IT stocks led gains, while FMCG remained flat. Asian markets surged, Wall Street closed positive, and Brent crude slipped below $92 per barrel
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Mumbai markets opened higher as Sensex and Nifty gained on strong IT buying, fresh FII and DII inflows, and positive US cues. Tech Mahindra and Infosys led advances, while banking and cement stocks lagged amid stable domestic fundamentals and sectoral rotation
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Benchmark indices BSE Sensex and NSE Nifty opened lower in a volatile session, dragged by IT and services stocks. Despite gains in select counters, investor caution persisted amid sectoral uncertainty, while Asian markets were mixed and Brent crude edged higher
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The meltdown was due to worries of AI tools replacing many traditional software and IT outsourcing services
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Indian equity benchmarks Sensex and Nifty fell sharply in early trade, snapping a three-day rally, as IT stocks dragged markets amid foreign fund outflows, weak global cues and investor caution ahead of the Union Budget on February 1
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Benchmark indices Sensex and Nifty declined in early trade on Monday, weighed down by losses in blue-chip IT stocks. Asian markets traded mixed, while investors remained cautious amid geopolitical concerns and recent US action in Venezuela.
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Indian benchmark indices Sensex and Nifty surged in early trade, extending the previous session’s rally amid positive global cues and a US Federal Reserve rate cut. Major gainers included L&T and Tata Steel, while several IT stocks lagged alongside mixed Asian market trends
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Sensex and Nifty surged in early trade on US-India trade optimism, boosted by IT stock gains, fresh foreign fund inflows, and festive season buying. Brent crude rose, while FIIs purchased equities worth Rs 96.72 crore on Tuesday.
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Sensex and Nifty climbed in early trade on Wednesday, extending their five-day winning streak. Gains were led by IT stocks and fresh foreign fund inflows. Asian markets were mixed, while Brent crude rose 0.78%, and US markets ended lower.
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Sensex and Nifty opened lower on Monday, dragged by IT stocks after US President Trump raised H-1B visa fees to USD 100,000 for new applicants. Domestic consumption sectors gained, while Asian markets showed mixed performance amid global cues.
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Sensex rebounded 329 points on Monday as IT and auto stocks led gains, driven by global optimism and hopes of a US Federal Reserve rate cut. Nifty rose 98 points, while midcap and smallcap indices showed mixed performance
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Benchmark indices rose in early trade, boosted by IT stock buying and global markets reacting to a potential US Federal Reserve rate cut. Sensex and Nifty gained, while Asian and US markets showed positive trends amid investor optimism.
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Following a lacklustre opening, the 30-share BSE benchmark Sensex recovered and rose by 219.05 points to reach 81,171.04, while the NSE Nifty advanced 111.2 points to 24,720.90.
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Investor sentiment was further buoyed by strong buying in blue-chip IT stocks. In early trade, the 30-share BSE Sensex surged 658.96 points to 80,254.55, while the NSE Nifty climbed 192.05 points to 24,359.30.