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Markets1h 44m ago

Indian IT stocks rallied, with Tech Mahindra reporting better-than-expected first quarter results and HCL Tech securing a seven-year deal, while Wipro shares declined following weak first-quarter performance.

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India

Who
Infosys, TCS, HCL Tech, Tech Mahindra, Wipro
What
Indian IT stocks rallied, with Tech Mahindra reporting better-than-expected first quarter results and HCL Tech securing a seven-year deal, while Wipro shares declined following weak first-quarter performance.
When
Fri, 17 Jul 2026 05:25:00 GMT · 1h 44m ago
Where
India ·
Why
Tech Mahindra's strong Q1 results and HCL Tech's new seven-year deal drove gains, despite Wipro's weak performance.
The Frontline Impact

How this affects you

The Nifty IT index saw a notable increase, reflecting broad-based gains across major Indian IT companies. Brokerages have issued positive outlooks for Tech Mahindra.

Story chain

4 events in this thread
  1. Markets1h 37m ago
    Stock markets surged as BSE Sensex and NSE Nifty rose, fueled by strong IT sector performance.
    Open article
  2. Markets1h 44m ago
    Indian IT stocks rallied, with Tech Mahindra reporting better-than-expected first quarter results and HCL Tech securing a seven-year deal.
    Open article
  3. Currently Reading1h 44m ago
    Indian IT stocks rallied, with Tech Mahindra reporting better-than-expected first quarter results and HCL Tech securing a seven-year deal, while Wipro shares declined following weak first-quarter performance.
  4. Markets2h 41m ago
    Indian IT stocks Infosys, TCS, Tech Mahindra, and HCLTech rallied by 2% following stronger June-quarter earnings from Tech Mahindra, while Wipro experienced a decline.
    Open article

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