ITES Sector

Indian benchmark indices ended sharply higher on August 3, with the Sensex gaining 544 points and the Nifty closing at 24,774. Strong buying in IT stocks, easing crude oil prices, improving FII sentiment, and the rollout of the new Closing Auction Session (CAS) drove the rally, while investors remained focused on the upcoming RBI policy meeting.

Kaynes Technology shares rallied over 13% after reports of semiconductor expansion plans under India Semiconductor Mission 2.0. The company is exploring global partnerships for wafer fabrication, materials, and chip ecosystem development while leveraging its ₹3,307 crore Sanand OSAT facility.

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.

ABB India shares surged to a fresh 52-week high after parent ABB posted record Q2 CY2026 results, highlighted by a 30% jump in global orders and an 81% rise in India order inflows. Strong financial performance, a $75 million India investment plan, and a healthy domestic order book boosted investor confidence.

Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.

The Union Cabinet’s latest approvals are set to transform India’s manufacturing landscape. Semicon 2.0 with a ₹1.275 lakh crore outlay, mobile phone manufacturing incentives, urea policy reforms, and railway infrastructure projects are expected to boost semiconductor, electronics, capital goods, fertilizer, and infrastructure sectors. Discover the industries and listed companies likely to remain in focus.

Tata Elxsi shares declined sharply after the company reported disappointing Q1 FY27 results. While revenue grew modestly on a sequential basis, net profit, EBIT and operating margins fell short of analyst expectations, dragging the stock lower.

Indian markets ended sharply higher on July 10, 2026, with Sensex rising 827 points and Nifty gaining 244 points. Strong TCS Q1 FY27 results, a rally in IT stocks, lower crude oil prices, easing volatility, and positive global cues supported investor sentiment. Realty, PSU banks, and financial stocks also witnessed strong buying during the session.

The Indian stock market extended its gains on July 2, 2026, with the Nifty closing at 24,175.70 and the Sensex rising 579 points. A strong rebound in IT stocks, lower Brent crude prices, easing US-Iran tensions, a stronger rupee, and lower India VIX boosted investor confidence, while Realty, Auto, Chemicals, Cement, and Consumer Durables also ended in positive territory.

Indian benchmark indices snapped a two-session losing streak on July 1, 2026, as the Nifty 50 climbed above the 24,000 mark and the Sensex gained 444 points. The rally was driven by easing crude oil prices, positive global cues, strong June auto sales, and broad-based buying in Realty, FMCG, Auto, and financial stocks, while IT remained under pressure amid concerns over slowing global technology spending.