IT Sector

Wipro reported a stable Q4 FY26 performance with 8% YoY revenue growth and strong large deal momentum of $1.44 billion. While profits were broadly flat year-on-year, the company highlighted an AI-first strategy, vendor consolidation trends, and steady margin performance amid a cautious IT spending environment.

The Indian stock market rallied sharply with the BSE Sensex gaining 1,264 points and the Nifty 50 crossing 24,200, driven by easing geopolitical tensions, softer oil prices, and strong global cues. Broad-based buying and positive technical signals indicate continued short-term momentum.

TCS delivered a steady Q4FY26 performance with revenue growth of 9.6% YoY and improving margins driven by operating efficiency. Despite moderate USD growth, strong deal wins, healthy cash flows, and consistent shareholder payouts reinforce the company’s stable earnings profile.

Fractal Analytics Limited is entering the capital markets at a pivotal moment for enterprise AI adoption. Operating at the intersection of advanced analytics, AI platforms, and decision intelligence, the company has delivered strong revenue growth and a sharp turnaround in profitability. This blog takes a closer look at Fractal Analytics’ IPO, including its business model, valuation, industry outlook, peer comparison, and key takeaways from the RHP to help investors assess the long-term opportunity and associated risks.

A Strong Week – Driven By Broad-Based Rally

Find out which IT stocks are most suitable for investment in India for 2024. Components such as top selection, including TCS, Infosys, and HCL technologies, can also be investigated. Read more to know about India's IT sector stocks future.

An interest trend in mid-caps is that IT sector has done fairly well, even as large cap IT struggled in recent months

The company said that ₹592.26 Crore will be paid in cash, while ₹239.25 Crore will be paid through a share transfer, resulting in a 3.17% holding in Nazara.

This hub seeks to provide electric vehicle (EV) software development and validation in a variety of disciplines, including infotainment.

The funds raised would be used for strategic acquisitions and business expansion, improving Nazara's potential to seize fresh growth opportunities.