Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Firstsource Solutions shares zoom 18% on heavy volumes; brokerages upbeat
Given the strong pipeline and healthy guidance, analysts at ICICI Securities upgraded Firstsource Solutions (FSL) to 'Buy', with a revised target price of ₹290.
Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%
Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despite broader market weakness. Gains were driven by earnings momentum and stock-specific triggers, even as geopolitical tensions and high oil prices kept overall sentiment cautious. Analysts continue to track volatility and broader market direction.
Firstsource Solutions Ltd leads gainers in 'A' group
Avalon Technologies Ltd, Thermax Ltd, Nuvama Wealth Management Ltd and Mangalore Refinery And Petrochemicals Ltd are among the other gainers in the BSE's 'A' group today, 08 May 2026.
Vodafone Idea, GTL Infra, YES Bank, OnEMI Tech, Lenskart, MRPL among the most traded stocks today, 8 May 2026, on NSE
Vodafone Idea, GTL Infrastructure, YES Bank, OnEMI Technology Solutions (Kissht), MRPL, Lenskart Solutions, and Firstsource Solutions were among the most traded stocks, or most active stocks in terms of volume, on the NSE.
Firstsource Solutions consolidated net profit rises 27.72% in the March 2026 quarter
Sales rise 20.54% to Rs 2613.04 crore
Firstsource Q4 Results: Profit and revenue rise from last year; FY26 guidance missed
Looking ahead to FY27, Firstsource has guided for 10-13% constant currency revenue growth, compared to 13.6% in FY26, and expects EBIT margin to improve to 12.25-12.75%.
Midcap IT stocks see gains of up to 14% led by Firstsource, Sonata Software
Firstsource Solutions led the pack, surging 14% — its biggest single-day gain since December 2020. Coforge rose 4%, while Mphasis advanced 2% during the session.
Newgen Software Technologies Ltd leads losers in 'A' group
Firstsource Solutions Ltd, Latent View Analytics Ltd, OneSource Specialty Pharma Ltd and Le Travenues Technology Ltd are among the other losers in the BSE's 'A' group today, 20 February 2026.
AI disruption clouds IT outlook; Firstsource only buy: Girish Pai
Girish Pai, Research Analyst-Head of Institutional Equity Research at BOB Capital Markets warns AI could reshape Indian IT services, with uncertain earnings visibility beyond 2026-27 (FY27) and valuations at risk of becoming a value trap.