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Infosys shares fell 2.5% after the company cut its FY27 revenue growth guidance alongside Q1 results, even as net profit rose 12.3% year on year. Motilal Oswal maintained a buy call with a Rs 1,170 target, but a CEO transition adds uncertainty for the rest of the year.
TCS reported Q1 FY27 net profit of Rs 13,349 crore, up 5% year-on-year, with revenue rising 14% to Rs 72,275 crore. The strong revenue growth and AI-driven demand outlook pushed shares up around 4%, signalling investor confidence in a recovery through FY27.
Tata Consultancy Services reports its Q1 FY27 earnings today, with markets focused on revenue growth, deal wins, and management outlook on global IT spending. The results will set the tone for India's broader IT sector for the rest of FY27.
Sensex jumped ~700 points and Nifty crossed 24,200 on Monday as investors reacted to early state election result trends. IT and Realty led gains across a broadly higher market, though elevated volatility signals traders are hedging until final counts are confirmed.
Nifty 50 fell 46.85 points (0.19%) to 24,149.90 in early trade as IT stocks faced profit booking, while the Sensex gained 139.67 points (0.18%) to 78,128.35. Defence and metals sectors held steady, limiting broader downside. The mixed open signals intra-sector rotation rather than a market-wide retreat.
Wipro shares traded higher ahead of a board meeting to approve Q4 standalone and consolidated earnings, alongside potential dividend and buyback decisions. The triple-catalyst event compresses typical disclosure cycles, heightening price sensitivity around the post-market announcement.
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Infosys shares fell 2.5% after the company cut its FY27 revenue growth guidance alongside Q1 results, even as net profit rose 12.3% year on year. Motilal Oswal maintained a buy call with a Rs 1,170 target, but a CEO transition adds uncertainty for the rest of the year.
1mo ago · 3 min · Markets
TCS reported Q1 FY27 net profit of Rs 13,349 crore, up 5% year-on-year, with revenue rising 14% to Rs 72,275 crore. The strong revenue growth and AI-driven demand outlook pushed shares up around 4%, signalling investor confidence in a recovery through FY27.
1mo ago · 4 min · Markets
Tata Consultancy Services reports its Q1 FY27 earnings today, with markets focused on revenue growth, deal wins, and management outlook on global IT spending. The results will set the tone for India's broader IT sector for the rest of FY27.
1mo ago · 4 min · Markets
Sensex jumped ~700 points and Nifty crossed 24,200 on Monday as investors reacted to early state election result trends. IT and Realty led gains across a broadly higher market, though elevated volatility signals traders are hedging until final counts are confirmed.
3mo ago · 2 min · Markets
Nifty 50 fell 46.85 points (0.19%) to 24,149.90 in early trade as IT stocks faced profit booking, while the Sensex gained 139.67 points (0.18%) to 78,128.35. Defence and metals sectors held steady, limiting broader downside. The mixed open signals intra-sector rotation rather than a market-wide retreat.
4mo ago · 1 min · Markets
Wipro shares traded higher ahead of a board meeting to approve Q4 standalone and consolidated earnings, alongside potential dividend and buyback decisions. The triple-catalyst event compresses typical disclosure cycles, heightening price sensitivity around the post-market announcement.
4mo ago · 1 min · Markets
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