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Nifty IT slid sharply after HCLTech’s weaker Q4 results and FY27 guidance, triggering broad declines across large-cap and midcap IT shares and major market-cap losses.
Indian benchmarks fell over 1% on February 24 as an IT-led sell-off, AI disruption fears, tariff uncertainty and weak global cues widened risk-off sentiment across Dalal Street.
Tech Mahindra fell nearly 5% ahead of its Q4 and FY26 results, even as brokerages projected profit growth and markets waited for FY27 guidance and Project Fortius updates.
Iran’s IRGC said it launched over 100 ballistic missiles in new waves as the US joined strikes on Iranian nuclear sites, intensifying Strait of Hormuz concerns.
Foreign investors sold a record ₹117,775 crore of Indian equities in March 2026, dragging the Nifty 50 down 13% and hitting BFSI and banks hardest.
IEA data cited by Reuters shows the Iran conflict and Strait of Hormuz closure have triggered record daily oil supply losses, with wide spillovers for India’s economy.
Paisalo Digital gained after flagging a September 4, 2025 committee meet to consider listed secured NCDs, alongside updates on results and governance changes.
Social media chatter and analyst notes point to a mid-2026 mobile tariff hike, with ARPU targets, sector revenue growth forecasts, and Vodafone Idea’s dues in focus.
USFDA’s inspection of Ajanta Pharma’s Paithan facility ended with a Form 483 carrying five observations, and the company said it will respond within timelines.
HCL Technologies slid nearly 10% after a weaker Q4FY26 print and soft FY27 outlook, triggering target cuts as investors weighed deal momentum, margins, and AI-linked deflation risks.
Several stocks stayed active on April 22 as HCLTech earnings and guidance, Sunteck’s Q4 jump, PNC’s HAM bids, and BEML’s defence order drove price moves.
PNC Infratech shares rose after it emerged L1 bidder for two NHAI HAM highway projects on NH-927 in Uttar Pradesh worth ₹3,483 crore, excluding GST.
Adani Power jumped to a fresh high on strong volumes, pushing market capitalisation past ₹4 trillion as investors priced in a firm demand outlook and recent corporate developments.
TCS stock slipped to Rs 2,566.50 as Morgan Stanley reiterated Overweight with a Rs 2,880 target, while 18 brokerages updated views after Q4 results.
ACME Solar operationalised over 2 GWh of BESS in Rajasthan, taking operational storage to 591.18 MW/2,031.24 MWh and outlining a 10 GWh by-2027 goal.
Indian equities fell over 2% on March 30, 2026 as crude spiked, bank shares slid after RBI forex curbs, and FII selling, rupee weakness and expiry volatility hit sentiment.