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ABB India hit a one-year high after ABB raised its 2026 sales growth guidance, reported stronger India orders, and outlined a $0.075 billion expansion plan.
Amara Raja Energy & Mobility crossed 1 GWh of cumulative lithium storage in telecom across 50,000 sites, as its shares rose 15% and it outlined new capacity plans.
Infosys will report Q4 FY26 earnings on April 23 after market hours, with investors tracking the final dividend decision, management calls, and broker forecasts on revenue and margins.
CGA data shows FY26 fiscal deficit at 80.4% of the annual target by February, while Budget projections set FY27 deficit at 4.3% of GDP with capex support.
Nifty 50 is consolidating near 24,300 to 24,500 as traders track resistance at 24,500, supports at 24,250 and 24,000, and volatile global cues.
Emmvee Photovoltaic is trending after a Jefferies Buy call, sharp two-session gains, and strong Q2FY26 profit growth, alongside active debate on valuation and risks.
Nifty FMCG index rose 2.55% as Nestlé India surged on strong Q4 FY26 numbers, while HUL, Varun Beverages and Dabur also gained.
Iranian gunboats fired on merchant vessels in the Strait of Hormuz as ceasefire diplomacy with the US faltered, prompting India to summon Iran’s envoy over Indian-flagged ships.
Sunteck Realty shares rallied after Q4FY26 results showed higher profit, sharp revenue growth, and stronger pre-sales and collections, even as EBITDA margin softened.
Tech Mahindra is set to report Q4FY26 results on April 22, with modest sequential revenue growth expected and early trade seeing the stock fall 4-6% on the NSE.
HCLTech’s weak Q4 print and FY27 growth guidance triggered a broad selloff in Indian IT shares, dragging Nifty IT lower and pressuring benchmarks on April 22, 2026.
Persistent Systems reported FY26 revenue of $1,654.4 million with 17.4% growth, improved margins, a ₹40 full-year dividend, and reiterated its $2 billion FY27 exit run-rate target.
Sunteck Realty jumped up to 12% despite a weak market after reporting higher Q4 FY26 pre-sales, collections, and cash-flow surplus, alongside improved FY26 margins.
Persistent Systems shares fell up to 4.7% after Q4FY26 results as EBIT margin slipped to 16.3%, prompting mixed brokerage calls despite strong profit growth.
Indian IT shares fell sharply across sessions as HCL Technologies’ weak Q4 and cautious commentary collided with US tech losses, AI disruption fears, and risk-off global cues.
Sensex and Nifty slipped sharply as India VIX rose to 18.09, led by a steep HCL Tech drop, while geopolitics, a weaker rupee, and higher yields weighed.