News Overview

The AI infrastructure boom has rewritten the investment narrative for India’s fibre and telecom infrastructure sector. As hyperscalers commit over $700 billion in annual AI capex, Indian fibre makers are moving from commoditised telecom suppliers to strategic AI infrastructure partners. This report examines the mechanics behind the sector’s re-rating — from fibre architecture shifts and supply-chain bottlenecks to billion-dollar order books, valuation framework changes, and the risks investors must still weigh.

Sterlite Technologies rallied to a new 52-week high after securing a ₹10,622 crore multi-year AI data centre connectivity deal from a US hyperscale client. Backed by strong momentum in AI optical networking, hyperscale infrastructure spending, and robust revenue visibility, the stock has emerged as one of the biggest multibaggers of 2026.

Dalal Street witnessed a powerful broad-based rally on May 25, 2026, as easing geopolitical tensions, a sharp fall in crude oil prices, and strong Q4 earnings lifted investor confidence. Sensex gained over 1,073 points while Nifty crossed the 24,000 mark, led by PSU Banks, Private Banks, Auto, and Infrastructure stocks. Eicher Motors and Adani Enterprises emerged among the key market movers amid strong earnings and improving regulatory visibility.

The Indian rupee strengthened to 95.20 against the US dollar on Monday as optimism over a possible US-Iran peace agreement, falling crude oil prices, and progress in India-US trade negotiations boosted market sentiment. Investors are now closely watching the RBI’s $5 billion USD/INR swap auction scheduled this week.

Wipro has announced its largest-ever ₹15,000 crore share buyback at ₹250 per share, offering a 23% premium to shareholders. Here’s everything investors need to know about the record date, eligibility, retail participation, and expected acceptance ratio.

Eicher Motors rallied sharply after posting robust Q4FY26 results driven by record Royal Enfield sales and improved VECV performance. The company also announced a new 50:50 joint venture with Volvo Group focused on financing and leasing services in India.

GAIL shares jumped over 6% intraday after the company announced its Q4FY26 results. While revenue remained stable, profitability declined due to weak petrochemical margins, higher gas costs, and forex-related pressures. However, strong gas transmission earnings and positive FY27 volume guidance kept investor sentiment upbeat.

Apollo Micro Systems stock jumped 11.48% on Monday, hitting a fresh 52-week high of ₹400 amid strong Q4FY26 results and robust buying in aerospace & defense stocks. Trading volumes crossed 417 lakh shares, while peers like Data Patterns, Astra Microwave, and AXISCADES also gained sharply.

LIC became India’s highest profit-making financial sector firm in Q4 FY26 after posting a 23% YoY jump in net profit to ₹23,420 crore. The insurance giant also announced its first-ever 1:1 bonus share issue, boosting investor sentiment and driving the stock higher.

As the Indian rupee weakened to 96.96 per US dollar, the RBI stepped in with a $5 billion currency swap to inject liquidity and stabilise the banking system. The move comes amid rising crude oil prices, geopolitical tensions in West Asia, and sustained foreign investor outflows that have intensified pressure on the rupee and India’s financial markets.