Tech Mahindra Q1 Results Preview: PAT may rise 42% YoY; CC revenue to dip
Tech Mahindra anticipates a slight revenue decline in constant currency for Q1 FY26 due to weakness in the hi-tech sector and seasonal softness in its BPO business. Despite Comviva's support, core segment drags are expected to dominate. However, PAT is projected to increase significantly YoY, with strong deal wins expected, reaching around $750 million.
Stock market update: Mining stocks up as market rises
The 30-share BSE Sensex was up 234.48 points at 82487.94
These 8 F&O stocks saw a high increase in futures open interest
A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.
JP Power shares slip 5%, halting 3-day rally that added 22%
JP Power shares: The drop comes after a strong three-day rally driven by high trading volumes and renewed investor interest. On Monday, JP Power gained 4.7% to reach 24.75, continuing its surge after hitting a new 52-week high of 24.86 on Friday.
HCL Tech shares tumble 3%. Buy the dip or sell? Jefferies says buy with Rs 1,850 target price
HCL Tech shares fell over 3% after the company slashed its FY26 margin guidance by 100 bps and reported a sharp 170 bps QoQ margin decline. However, Jefferies upgraded the stock to 'Buy' with a target of Rs 1,850, citing raised revenue guidance and strong EPS growth prospects, positioning HCL as a potential leader among top Indian IT firms.
Two Sharp with ET: Ola Electric turns EBITDA positive; Wholesale inflation hits 20-month low
Negative Breakout: 9 stocks cross below their 200 DMAs
Trading below the 200 DMA is typically viewed as a bearish signal, as it suggests the stock is trending below its long-term average.
Mcap of eight of top-10 firms erodes by Rs 2.07 lakh cr; TCS, Airtel biggest laggards
The combined market valuation of eight of the top 10 valued firms eroded by Rs 2.07 lakh crore (Rs 2,07,501.58 crore) last week, with Tata Consultancy Services and Bharti Airtel emerging as the worst hit.
Jane St impact: Are mysterious price moves in Nifty 50 options sign of market manipulation?
Indias options market faces increased scrutiny as unusual pricing patterns in Nifty 50 straddles spark manipulation concerns. Traders report straddles defying expected decay, pointing to large-scale bets. Following SEBIs action against Jane Street, market activity has dipped, and volatility indicators hit new lows on recent expiry days.
The two-engine problem: How valuation and earnings are pulling markets apart
Indian markets showed optimism in June but now face uncertainty. Despite positive macro factors, earnings growth is weak. Private investment and consumption are struggling. The market is likely to remain range-bound. Multiple breakout attempts are expected but may fail. This favors bottom-up stock picking strategies. A long wait is ahead for momentum days.
Sensex falls! But these stocks gained over 10% on BSE
In the Nifty 50 index, 12 stocks ended in the green, while 38 stocks closed in the red in today's trade.
Sensex falls! But these stocks rallied over 15% on BSE in today's trade
In the Nifty50 index, 12 stocks closed in the green, while 38 stocks ended in the red.
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Glenmark Pharma, Fischer Chemic, Datamatics Glob, Cupid Ltd and TN Telecom, hit their fresh 52-week highs during the day.
