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Why market fell today? Sensex slumps 760 points, Nifty below 24,400 despite ceasefire extension. 7 key reasons
Indian markets turned negative on Wednesday as investor caution persisted despite a ceasefire deadline extension by Donald Trump. IT stocks led the decline after weak earnings from HCL Technologies, dragging peers like Infosys, Tata Consultancy Services, and Tech Mahindra lower. However, defensive names such as Hindustan Unilever and NTPC posted gains.
8 out of 10 most India's valuable companies add ₹4.13 lakh crore mcap amid US-Iran ceasefire; HDFC, ICICI Bank top list
From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their valuation.
Mcap of 8 top valued firms jumps ₹4.13 trn; HDFC, ICICI Bank top gainers
The combined market valuation of eight of the top-10 most valued firms surged by Rs 4,13,003.23 crore last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers, in tandem with an optimistic trend in equities. Last week, the BSE benchmark Sensex jumped 4,230.7 points or 5.77 per cent, and the NSE Nifty surged 1,337.5 points or 5.88 per cent. "Sentiment remained buoyant amid optimism surrounding a temporary USIran ceasefire, although lingering geopolitical uncertainties capped the pace of gains as the week progressed," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. A sharp decline in crude oil prices below the USD 100 mark eased domestic concerns and triggered a strong rebound across markets, he added. From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their ...
Cognizant’s Ravi Kumar snaps up a deal he once won for Infosys
Cognizant won a multi-year deal of more than $300 million from Daimler Trucks. Kumar was instrumental in winning the Daimler contract for Infosys during his stint at India's second-largest software services provider.
From Infosys to ITC, Stocks in Focus on D-Street | Stock Market | BSE | NSE - Zee Business
From Infosys to ITC, Stocks in Focus on D-Street | Stock Market | BSE | NSEZee Business
Infosys gains on Anthropic collaboration; Sensex, Nifty close higher for second session
The Sensex rose 174 points to close at 83,451, while the Nifty gained 43 points to settle at 25,725, ending above the 25,700 mark. L&T, Infosys, ITC, SBI and Adani Ports were the top contributors to the Nifty’s gain
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.
Closing Bell: Day 2 of gains pushes Nifty above 23,550, Sensex up 568 pts led by auto, metal, realty
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
Stocks to Watch Today: Infosys, IRFC, Honasa Consumer, Rashi Peripherals, City Union Bank, Delhivery, Clay Craft India in focus on 24 June
Stocks to Watch, 24 Jun: Stocks like Infosys, Indian Railway Finance Corporation, Honasa Consumer, Rashi Peripherals, Imagicaaworld Entertainment, Vedanta, Delhivery, DP Wires, and Clay Craft India will be in focus on June 24.
Stocks to Watch Today: Infosys, Bliss GVS Pharma, Vedanta, John Cockerill, Concord Biotech, Rajnandini Fashion, Anand Rathi Wealth in focus on 03 June
Stocks to Watch, 03 June: Stocks like Infosys, Vedanta, Hindustan Zinc, Bliss GVS Pharma, Dhanuka Agritech, Advait Energy Transitions, John Cockerill India, Concord Biotech, InterGlobe Aviation, Rajnandini Fashion India, and Anand Rathi Wealth will be in focus on June 3.
Taking Stock: Market rally continues; Nifty near 24,200, Sensex gains 254 points
Biggest Nifty gainers were Max Healthcare, Interglobe Aviation, Trent, Bharat Electronics, Adani Enterprises, while losers included Infosys, Maruti Suzuki, Tech Mahindra, Tata Consumer and TCS.