The Nifty IT index rebounded over 21 per cent after hitting its 52-week low of 25,699.10 on July 1, 2026.
The NSE Nifty 50 index has been quoting below its long-term 200-day moving average since February 27, 2026.
Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty indicated a negative open for the Nifty50 index. Most Asian markets were trading lower, tracking a decline in technology shares
Suzlon Energy posted 22 per cent Y-o-Y revenue growth to ₹3,829 crore in Q1FY27, while profit slipped 6 per cent Y-o-Y to ₹305 crore.
Gravita Metal accounted for ₹92.24 crore, or 2.65 per cent, of the company's turnover, while contributing ₹1 crore, or 0.05 per cent, to Gravita India's net worth.
HUL's result was a miss as analysts expected Q1FY27 profit to increase in the range of 9-10 per cent on a Y-o-Y basis.
Coal India reported a net profit of ₹8,849 crore for the first quarter on a year-on-year basis. Total income grew 8.4 per cent year-on-year to ₹48,295 crore.
Sensex Today | Stock Market Highlights, Monday: The Nifty50 and the Sensex halted their longest losing streak since January 9 as crude oil prices declined
Kfin Tech reported a 2.6 per cent quarter-on-quarter growth in its topline to ₹356.5 crore. Meanwhile, profit after tax fell 7.3 per cent sequentially
Analysts said that market sentiment has improved meaningfully over the weekend after the US and Iran paused military action, easing fears of an immediate supply disruption.
Easing geopolitical tensions in West Asia and a sharp fall in crude oil prices lifted sentiment for oil marketing companies.
Mphasis' Q1FY27 performance showed steady revenue growth, led by strong traction in its TMT business, though margin pressures weighed on profitability.
On the broader market outlook, Ajit Mishra, SVP-Research of Religare Broking says the Nifty remains in consolidation mode, with key support at 23,600. On the upside, bullish pivot stands at 24,600.
Analysts have projected modest revenue growth and pressure on operating performance for L&T due to West Asia-related execution challenges.
Stock Market Highlights on Friday, July 23, 2026: The Nifty50 and the Sensex posted the worst week since March 13 as high oil prices due to West Asia tension weighed
Infosys reported a 12.2 per cent increase in net profit for the first quarter to ₹7,769 crore on a year-on-year basis. Revenue for the quarter was up 14 per cent to ₹48,211 crore.
Cipla reported a 39.2 per cent fall in net profit for the first quarter to ₹789.05 crore on a year-on-year basis. Revenue for the quarter was up at ₹7,119.28 crore
The company's move is aimed at allowing Instamart to directly own inventory and improve margins and it will be put to shareholders for approval at the AGM on August 18.
VK Vijayakumar of Geojit Investments said that the attack on Saudi tankers by the Iran-backed Houthis in the Red Sea is the main reason for the recent sharp spike in oil prices.
Bank of Baroda will likely report a mixed bag of results for Q1FY27 earnings. The June quarter is expected to register a decline in operating profit