Sigachi Industries share price: After hitting a 52-week high of Rs 59.59 apiece in June last year, the stock tumbled more than 68% in around eight months to hit a fresh 52-week low of Rs 18.92 apiece day before yesterday.
Brokerage Jefferies, which has a ‘buy’ rating on the stock with a target price of Rs 1,270, said the December-quarter profit missed expectations due to one-time provisions.
Bajaj Finserv Q3 FY26 Results: Net profit flat on-year due to higher credit provisions and one-time labour code costs.
The development comes just a week after its board approved a proposal to list the company’s equity shares on the National Stock Exchange through a direct listing.
The software collapse has broadened with 'nowhere to hide' as the AI rate-of-change has extrapolated in both 'logical and illogical ways', said JPMorgan.
The presumptive next chair might be better than others on the list, but he is a confusing, perhaps confused, figure
'There will be no new F&O curbs and no change in weekly expiry,' says SEBI chief
US tariffs of 18% give India a competitive edge over other Asian exporters, where tariff rates range between 19-30 percent.
This comes amid a broader tech selloff triggered by Anthropic’s launch of a new legal AI tool.
Revenue from operations increased 11.5% to Rs.3,567 crore.
India’s sound macroeconomic indicators will be complemented by the announcement. It should ease the pressure in financial markets and enable economic growth
The Nifty IT index was down more than 7% to record its worst day since March 2020. Infosys and LTI Mindtree shares plunged more than 8% each.
Tata Advanced Systems, L&T and Bharat Forge have been shortlisted to develop and manufacture next-gen fighter aircraft under AMCA programme
Even without the trade deal, 2026 earnings are expected to be significantly better than 2025. The deal may help sentiment, but it is unlikely to create major headline earnings impacts—at least not immediately, Gupta said.
Despite the ongoing rebound, gold and silver, along with their respective ETFs are yet to scale back to their lifetime highs which they hit in late January this year.
The IT selloff is capping gains from optimism over a US-India trade deal, analysts said, noting that Anthropic's tools threaten traditional outsourcing models
Neither side provided a start date for the trade deal. Greer said that US and Indian officials were still putting terms on paper
Content-led growth sustains revenue momentum aided by strategic IP investments
Sensex, Nifty rose amid fresh foreign fund inflows and positive sentiment following the India-US trade deal.
The company debuted with a market capitalization of Rs 144.80 crore.
The heavyweight IT stocks led losses on benchmark indices Sensex and Nifty, closing as the top losing sectoral index on the markets.
Indian markets surged 2.55% on trade deal hopes, but intraday volatility and bearish options positioning reveal investor caution beneath the surface optimism.
Will Nifty's Upward March Take A Pause As Sentiment Around IT Stocks Weakens? Opening Bell Live
The India-US trade deal has brightened the prospects for growth and the exchange rate. The first reduces the need to cut rates and the second reduces the RBI’s need to intervene.
The Centre’s gross borrowing figure of Rs 17.2 lakh crore for FY27 significantly exceeded market expectations, which were pegged between Rs 16.5 lakh crore and Rs 17 lakh crore. This elevated borrowing requirement coincides with a persisting slowdown in tax revenue.