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Oracle, Wipro, Tech Mahindra stocks fuel the Nifty IT index above 29,000
The Nifty IT index gained almost 1% to rise to the day's high of ₹29,177.80 apiece, with all index constituents in the green. The IT pack rose 4.31% last week, though it remains flat with a negative bias for the month so far.
Why foreign investors are exiting Nifty giants to hunt in India's small and midcap market
Foreign institutional investors are shifting their focus from India's top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is driven by growth opportunities in sectors like capital goods, manufacturing, and new-age tech, despite an overall decline in FPI holdings in India.
Sensex Today Ends 135 Points Lower | Nifty Below 23,700 | Infosys & Tech Mahindra Top Losers - Equitymaster
Sensex Today Ends 135 Points Lower | Nifty Below 23,700 | Infosys & Tech Mahindra Top LosersEquitymaster
Sensex Today Ends 135 Points Lower | Nifty Below 23,700 | Infosys & Tech Mahindra Top Losers - Equitymaster
Sensex Today Ends 135 Points Lower | Nifty Below 23,700 | Infosys & Tech Mahindra Top LosersEquitymaster
Sensex Today Ends 135 Points Lower | Nifty Below 23,700 | Infosys & Tech Mahindra Top Losers - Equitymaster
Sensex Today Ends 135 Points Lower | Nifty Below 23,700 | Infosys & Tech Mahindra Top LosersEquitymaster
Apollo Hospitals, Honeywell Automation rally; Sensex falls 135 points, Nifty flat
The Sensex declined 135 points to close at 75,183, while the Nifty settled 4 points lower at 23,655 after slipping below the 23,700 level. Bajaj Finance, Hindustan Unilever and Tech Mahindra were among the top losers on the Nifty.
Tech Mahindra Ltd gains for third consecutive session
Tech Mahindra Ltd is quoting at Rs 1481.6, up 3.61% on the day as on 12:49 IST on the NSE. The stock is down 5.99% in last one year as compared to a 3.87% drop in NIFTY and a 21.31% drop in the Nifty IT index.
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
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
Top Gainers & Losers on May 18: Gland Pharma, Coforge, PB Fintech, BSE, Voltas, Bharti Airtel among top gainers
Indian stocks marginally gained on May 18, driven by strong tech buying and pharma support, with Nifty 50 up 0.03% at 23,649 and BSE Sensex at 75,263. However, the broader market faced pressure as Nifty Midcap 100 and Nifty Smallcap 100 fell.
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.