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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.
Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levels - The Economic Times
Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsThe Economic Times
Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levels
Indian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp correction that made sector valuations attractive. A weaker rupee also supported IT stocks. Goldman Sachs maintained a neutral rating on Infosys, citing management's positive outlook on deal wins and AI partnerships.
Infosys, TechM to TCS: Nifty IT index surges 4%, clocks 8% gain amid three-day rally. What's powering the rise?
The Nifty IT index rallied over 4% on Tuesday, taking its three-day bull run to 8% amid a sharp depreciation in the Indian rupee.
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
Tech Mahindra Share Price Live Updates: Tech Mahindra's stock closes at Rs 1370.5
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.
Tech Mahindra Share Price Live Updates: Tech Mahindra's Stock Declines 7.24% Over the Week
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.