Topic
indian stock market
Indian IT stocks rally as global AI stocks plunge: TCS, Infosys, Wipro lead gains
Indian IT stocks rallied strongly on Wednesday, with TCS, Infosys, Wipro, HCLTech, and Coforge gaining up to 5%, even as global semiconductor and AI stocks tumbled. The rally comes amid growing skepticism about AI spending returns, a shift in investor sentiment from AI to value plays, and positive FPI inflows into Indian equities, according to reports.
Federal Bank and TVS Motor Recommended as Top Stock Picks for July 27, 2026 Week: Motilal Oswal
Motilal Oswal Wealth Management Research Desk has recommended Federal Bank and TVS Motors as top stock picks for the week of July 27, 2026, citing strong earnings and growth prospects. Federal Bank reported a 37% YoY PAT increase to INR 11.8 billion, while TVS Motors posted a 32% YoY PAT of INR 10.2 billion. The broader market ended the previous week in the red, with BSE Sensex declining 2.67% over five sessions.
IPO Rush Ahead: Zepto, Shiprocket and 12 More Firms to Hit Primary Market; Eye Rs 25,000 Crore-Plus Fundraising
At least 14 companies are expected to launch IPOs in the coming weeks, targeting combined fundraising of over Rs 25,000 crore through fresh equity and offer-for-sale. Quick commerce leader Zepto leads with an Rs 8,010 crore fresh issue, while logistics platform Shiprocket and housing finance firm Truhome Finance are among other major names. Market participants expect robust activity as investor sentiment improves.
Business Milky Mist to Launch ₹1,553 Crore IPO in Early August, India's Largest Dairy Issue
Milky Mist Dairy Food Ltd, a value-added dairy company, is expected to launch its ₹1,553 crore IPO by mid-August, following a ₹482 crore pre-IPO placement led by Temasek. The issue is the largest by an Indian dairy firm. Proceeds will be used for debt repayment and capacity expansion.
Crude, Ceasefire and Economic Data: What's Driving Dalal Street This Week
Indian stock market sentiment this week will be shaped by geopolitical tensions involving the US and Iran, crude oil price movements, and a packed domestic economic calendar including IIP, PMI, forex reserves data, and monthly auto sales. Last week, the BSE Sensex rose 0.38% and the Nifty advanced 0.17%.
Stock Recommendations for June 29-July 3 Week: TVS Motor, Vijaya Diagnostic Centre in Focus
Sudeep Shah, Head of Technical Research and Derivatives at SBI Securities, has identified TVS Motor Company and Vijaya Diagnostic Centre as top stock recommendations for the June 29-July 3, 2026 week. The Nifty index is expected to remain range-bound with resistance at 24250-24300 and support at 23800-23750.
Top-10 Firms Add Rs 1 Lakh Crore in Market Cap; Airtel, Bajaj Finance Lead the Rally
Six of India's ten most valued companies collectively added over Rs 1 lakh crore in market capitalisation last week, with Bharti Airtel and Bajaj Finance recording the biggest gains. The BSE Sensex rose 0.86% and the NSE Nifty gained 0.89%, supported by strong domestic macroeconomic data and expectations of accommodative global monetary policy. Meanwhile, Larsen & Toubro, Reliance Industries, SBI, and TCS saw their market valuations decline.
RIL, IndiGo, Nestle India Lead Stock Watchlist on June 16 as Analysts Issue New Ratings
Analysts from Morgan Stanley, Citigroup, Macquarie, Jefferies, and Nomura issued ratings on Reliance Industries, LG Electronics India, GMR Airports, Interglobe Aviation (IndiGo), and Nestle India on June 16. RIL is highlighted as a top pick with a target of Rs 1,803, while IndiGo's management focuses on pricing over capacity. Nestle India faces regulatory notice over Maggi larvae complaint, which it disputes.
Geopolitical Tensions Cap Gains: Sensex Edges Up, Nifty Falls on June 10
Indian benchmark indices ended mixed on June 10, 2026, with the Sensex rising marginally and the Nifty closing lower, as renewed US-Iran hostilities weighed on investor sentiment. Banking and FMCG stocks led gains, while metals and IT stocks declined. Key gainers included HUL, Axis Bank, and ICICI Bank, while Hindalco, Coal India, and Infosys were among the top losers.
Wipro's Rs 15,000 Crore Buyback Opens: What Retail Investors Should Know
Wipro's Rs 15,000 crore buyback opened on June 10, offering shares at Rs 250 apiece—well above the market price of under Rs 180. Small shareholders have higher entitlement ratios, but analysts expect only about 21% acceptance, limiting potential gains. The offer closes on June 17.