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Nifty April futures trade at premium
HCL Tech, HDFC Bank and Infy were top traded contracts
HCL Tech’s growth premium is vanishing. Can AI help win it back?
As a weak FY27 outlook triggers a sharp sell-off, the IT major is pivoting toward industrial-scale AI infrastructure to offset a slowdown in its traditional business. Will this bet pay off?
Amara Raja plans to begin bulk production of EV cells in 2027
India is building a lithium-ion cell manufacturing ecosystem. EV makers should anticipate a price premium on locally produced cells in the near future. Companies like Amara Raja and Tata Group's Agratas are investing heavily. Bulk production is expected to commence around 2027. This development aims to support the growing electric vehicle and energy storage sectors.
Stocks to Watch for April 17: Wipro, HDFC Life, Axis Bank, RVNL and more
From Wipro expecting to grow between -2% to 0% in constant currency terms for the first quarter of FY27 on a sequential basis to HDFC Life reporting a total annualised premium equivalent of ₹5,254 crore for Q4FY26, these are some stocks to track ahead of Friday's trading session.
Wipro announces ₹15,000 crore share buyback, offers 19% premium
Wipro plans Rs 15,000 crore share buyback, its largest ever, offering 19 per cent premium to market price as it looks to reward shareholders and support stock performance
Wipro Q4 Results: Q1 revenue growth pegged at -2% to 0%; Board approves ₹15,000 crore buyback
The Wipro buyback price has been fixed at ₹250 per share, which is a premium of 19% to Thursday's close of ₹210 per share. The buyback of shares will be done through the tender offer process, which means that the shares will be repurchased at a fixed price.
Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to know
Wipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over the last closing price. This marks the company's first buyback in over three years, involving up to 60 crore shares, representing 5.7% of its paid-up capital. Promoters have indicated their intention to participate in the tender route buyback.
Correction in NBFCs, IT and realty offers entry as earnings stay steady: Anupam Tiwari
Anupam Tiwari, Head of Equity at Groww Mutual Fund, expects a strong current quarter with limited impact from oil shocks so far, but flags risks from the next quarter onward. He remains positive on premium consumption, NBFCs, manufacturing exports and capex, while adding IT and premium real estate after corrections. He believes market fears may be overstated, with much of the downside already priced in.
Metal stocks led by Tata Steel fall up to 8% as war premium fades; Aluminium outperforms
The US dollar firmed on safe-haven demand, adding pressure across the metals complex. At the same time, high crude prices raised concerns about rising inflation.
Wipro board approves Rs 15,000-crore share buyback via tender offer at 19% premium
The share buyback price reflects a premium of 19 percent over Thursday's closing price of Rs 210.15 per share on NSE.