VK Vijayakumar said that the strength in the IT stocks follows the results of HCL Tech and the optimism surrounding that will hold the IT index strong.
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a negative open for the Nifty50. Asian markets slumped in early deals
The dispute stems from the RBI-led reconstruction plan for Yes Bank in March 2020, under which AT1 bonds worth more than ₹8,300 crore were written down.
Tonbo Imaging India IPO bidding opened for subscription on Oct 15, 2026 and will close on Oct 19.
The key issue is that high-growth mid/small-caps are stretched on valuation right now, while rest of the market appears relatively cheap, said Bharti AXA Life Insurance's CIO Rahul Bhuskute
Market experts attribute the rally to a combination of earnings resilience, value buying after a prolonged correction, and a possible rotation of funds away from AI-linked technology stocks.
HDB Financial Services reported a 34.2 per cent surge in profit after tax to ₹780 crore in the September quarter of FY27.
Consumption recovery has been gradually strengthening and, while the market has started pricing in an improvement, the outlook remains dependent on the durability of demand
The monsoon shortfall raises concerns over farm incomes, and price increases by manufacturers add to the cost of vehicle ownership
Ajit Mishra of Religare Broking has reiterated a cautious stance on Nifty, with 22,850, coinciding with the 20-DEMA, acting as the immediate hurdle. He has recommended HAL, IndiGo and BHEL for trade.
HDFC Life Insurance, Jio Financial Services, Nestle India, Tech Mahindra, Wipro, HDFC AMC will announce Q2FY27 results today.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.1 per cent and 0.38 per cent, respectively
Overall, analysts expect Wipro to post nearly 8 per cent year-on-year (YoY) rise in revenue during the quarter under review, along with single-digit growth in earnings before interest and taxes.
The company approved an increase of approximately 0.1 per cent to 14 per cent in the basic prices of select grades of raw coking coal for the non-regulated sector.
Tata Elxsi reported a 10 per cent year-on-year rise in net profit for the September quarter. The company's net profit for the quarter ended September stood at ₹170 crore.
Chandan Taparia has said Nifty has given an inside bar breakout in the previous session, indicating a strong recovery. If Nifty holds above 22,700, it may bounce towards 22,850 and then 23,000 levels.
HDB Financial Services, Groww, BHEL, Tata Technologies, and Bajaj Consumer are among the companies that will report their Q2FY27 results on Wednesday.
HCLTech results spark 5.22% surge in IT index, highest in 17 months; FM's remarks on LTCG tax lift sentiment, too
Sensex Today | Stock Market Highlights, Tuesday: The benchmark indices closed sharply higher after the Finance Minister said she would be keen to hear market participants' views on LTCG and STT
Smaller IPOs delivered stronger returns than larger issues in the six months, while retail money increasingly flowed into small- and mid-cap funds