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Sensex Today Trades Higher | Nifty Above 23,700 | Infosys & Tech Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,700 | Infosys & Tech Mahindra Top GainersEquitymaster
Tech Mahindra Share Price Live Updates: Tech Mahindra's stock closes at Rs 1370.5
Liberty Mutual Insurance raises stake in Indian venture
Liberty Mutual Insurance has boosted its stake in Liberty General Insurance to 74 percent. This move strengthens its position in India's non-life insurance sector. Liberty General Insurance began operations in 2013. The insurer reported a 25 percent increase in gross written premium in FY26. Its market share was 0.84 percent at the end of March 2026.
PRO FX revenue jumps 37% to Rs 177 crore in FY26, profit rises 24% on premium AV demand
PRO FX Tech saw significant growth in FY26. Revenue jumped 37% to Rs 177 crore, and net profit rose 24% to Rs 15 crore. This success was fueled by strong demand for premium audio products and effective operations. The company navigated economic challenges through cost management and a focus on high-value customers.
Coforge to Tech Mahindra: Tech stocks extend rally for second session; Nifty IT jumps over 2%
Coforge, Tech Mahindra, and other tech stocks rallied on May 18, with the NIFTY IT index rising 2.4%. Analysts attribute this to currency weakness and export earnings, despite concerns over AI disruption and mixed earnings guidance from major firms, leading to a decline of 25.3% in 2026.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts
Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies within the 23,800-23,200 range. Specific stock recommendations include Indus Towers, Samvardhana Motherson International, Aditya Birla Capital, Sun Pharmaceutical Industries, and Arvind Limited. Investors are advised to consider these opportunities.
Tech Mahindra Share Price Live Updates: Tech Mahindra's Stock Declines 7.24% Over the Week
Q4 Results LIVE Updates: JSW Steel, Muthoot react to results; Tata Steel, Power Grid report today
Q4 Results LIVE Updates: Two Nifty 50 companies Tata Steel and Power Grid along with broader market names like ITC Hotels, Hindustan Copper, Godfrey Phillips, Gland Pharma, Cochin Shipyard, Deepak Nitrite, Balrampur Chini, Arvind, Bajaj Electricals, Aarti Drugs, Aether Industries, Alembic Pharma, NCC, NHPC, Premier Energies, SAIL, SJVN, Solara Active Pharma, Symphony, Thangamayil, Triveni Engineering, VST Tillers, are among the companies reporting their earnings today. JSW Steel, Muthoot Finance, Apollo Tyres, Endurance Tech, Voltas, are some of the other result reactions today. Watch this space for all the LIVE updates.
Endurance Tech Q4 net profit rises 13% on strong revenue growth; declares ₹11.50 dividend
Shares of Endurance Technologies Ltd ended at ₹2,618.80, up by ₹86.65, or 3.42%, on the BSE.
Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows
In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.
