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Five Stocks To Buy: Maruti Suzuki, HCLTech, Tata Consumer And More | June 29, 2026
Top picks for Monday, June 29 include Maruti Suzuki, HCL Technologies, GMR Airports, Tata Consumer Products and Chalet Hotels.
Stocks to Watch for June 8: HCLTech, Adani Ports, Hindustan Zinc, ixigo and more
Alok Gupta resigns as Allied Blenders MD, Amar Sinha named successor, HCLTech awards 1 million Climate Action Grant, SBI MF buys Adani stakes from GQG, ixigo to buy 54.7% of Brevistay. Here are few stocks to keep an eye on ahead of Monday's trading session.
INR weakens near Rs 94 per dollar mark amid resurgence in oil prices
The Indian rupee weakened for the third straight session, losing 39 paise to settle at 93.83 (provisional) against the US dollar on Wednesday as oil prices resumed surge amid uncertainty on US-Iran peace talks eroded hopes of easing West Asia conflict. Intense selling in domestic equity markets and sustained outflow of foreign capital also weighed on the Indian currency. Indian shares fell sharply on Wednesday, with stalled U.S.-Iran peace talks, somewhat hawkish comments from Federal Reserve nominee Kevin Warsh at a Senate confirmation hearing, and a disappointing set of numbers for the fourth quarter from IT major HCL Technologies weighing on sentiment. The Sensex settled 757 points or 0.95% lower at 78,516, while the Nifty 50 ended 198 points or 0.8% lower at 24,378. At the interbank foreign exchange market, the rupee opened at 93.69 and touched an intraday low of 93.87 against the greenback during the session, nearing the 94 level and its lowest level in three weeks.
TCS, Infosys to HCL Tech: IT stocks Q4 earnings start today - Is this the right time to buy?
As the IT sector heads into earnings season, brokerages favor HCL Tech and Tech Mahindra. TCS is anticipated to post solid quarterly results, while cautious investor sentiment prevails due to potential demand pressures and AI disruption concerns.
Live: Banking stocks fuel Nifty above 24,500; Uncertainty persists on US-Iran talks | Closing Bell
Indian markets ended lower, dragged by weakness in IT stocks. The BSE Sensex slipped over 650 points, while the Nifty 50 fell below 24,450. HCL Technologies led the decline, logging its sharpest fall in 11 years after weak guidance, pulling down peers like Infosys and TCS. Despite the headline fall, market breadth remained positive with broader markets outperforming, as smallcaps extended gains for a second straight session. Financials were under pressure, with ICICI Bank and HDFC Bank slipping. On the upside, stocks like Tata Consumer Products, NTPC and Hindustan Unilever emerged as key gainers.