IT Sector

Indian IT stocks rallied sharply as the Nifty IT index gained 2.45%, with OFSS, Infosys, TCS, HCL Technologies, and Tech Mahindra leading gains. Positive global cues, lower crude prices, and improved investor sentiment supported the sector.

Xtranet Technologies IPO received 4.33x subscription, with retail and NII investors showing strong interest. The latest GMP indicates a potential 5.5% listing gain, while the IT solutions company's valuation remains attractive.

Sensex and Nifty extended losses for the fifth consecutive session as rising crude oil prices, US-Iran tensions, weak Wall Street cues, and higher bond yields weighed on investor sentiment. IT and Media stocks outperformed, while Auto stocks led the decline.

Indian stock market extended its losing streak on July 23, 2026, with the Sensex falling 363 points and the Nifty closing below 23,900. Escalating US-Iran tensions, higher crude oil prices, persistent FII selling, and weak global sentiment weighed on markets, while the Auto sector emerged as the lone outperformer.

Infosys reported strong Q1 FY2027 earnings with revenue growing 14.03% YoY to ₹48,211 crore and PAT rising 12.29% to ₹7,775 crore. AI-led services contributed 8.2% of revenue, while large deal wins stood at $3.6 billion, reflecting healthy business momentum despite margin pressure.

Xtranet Technologies IPO is open for subscription from 23 to 27 July 2026. The ₹166.80 crore book build issue is priced at ₹120–₹127 per share. Explore the company's business, financial performance, IPO dates, valuation, strengths, risks, and detailed review.

Indian benchmark indices ended sharply lower on July 22, 2026, with Sensex falling 715 points and Nifty closing below the 24,000 mark. Investor sentiment weakened after US President Donald Trump's proposed tariffs on imported generic medicines, escalating US-Iran tensions, rising Brent crude oil prices, a weaker rupee, and heavy selling in banking, pharma and IT stocks. Despite the broader market weakness, Bajaj Auto and Nestlé India gained on the back of strong Q1 FY27 earnings.

Indian benchmark indices extended losses for a second straight session on July 21, 2026, with the Nifty 50 and Sensex ending lower due to escalating US-Iran geopolitical tensions, elevated crude oil prices, and persistent FII outflows. Banking and IT heavyweights weighed on the market, while Chemicals and Cement outperformed, led by UltraTech Cement's strong Q1 FY27 earnings and positive brokerage outlook.

The Indian stock market ended lower on 20 July 2026, with the Sensex dropping 442.93 points and the Nifty 50 slipping 95.80 points amid a sharp sell-off in private banking stocks following Q1 FY27 earnings. Explore today's market highlights, top gainers and losers, trending stocks, sector-wise performance, and the major factors that influenced market sentiment.

Hyderabad-based Skyroot Aerospace scripted history with the successful launch of Vikram-1, India's first privately developed orbital-class rocket. Mission Aagaman carried multiple domestic and international payloads into Low Earth Orbit, marking a major milestone for India's commercial space sector.