Motilal Oswal expects another weak quarter for Indian IT firms. Check TCS, Infosys, HCL Tech, Wipro and midcap earnings expectations, guidance risks and demand outlook.
IT stocks: Shares of IT sector leaders such as TCS, Infosys and Tech Mahindra are trading near their 52 week lows.
KPIT Technologies shares crashed 17% after the company flagged weaker Q1 earnings due to Europe slowdown. Check why brokerages cut ratings and target prices.
Despite the sharp uptick, the counter is still down 17.39 per cent on a year-to-date (YTD) basis and has declined 40.94 per cent over the past one year.
"Ola Electric today announced that it registered 43,719 vehicles in Q1 FY26, nearly doubling from 22,252 vehicles in Q4 FY25, according to VAHAN data. The quarter concluded with 16,144 registrations in June 2026, reflecting sustained business momentum and the company's strongest monthly performance in recent quarters," the EV firm stated.
VA Tech Wabag stock gained 6.3% to a high of Rs 2137 in the current session. Market cap of the firm climbed to Rs 12,949 crore.
BSE and NSE have placed the securities of Vedanta Iron under the short-term Additional Surveillance Measure (ASM) framework. The exchanges move stocks to the short-term or long-term ASM framework to alert investors about heightened volatility in share prices.
Global brokerage JPMorgan downgraded KPIT Technologies to 'Underweight' from its earlier rating and cut the target price to Rs 550 from Rs 700, following the company's revised business outlook.
Genus Power Infrastructures stock rose 4.42% to Rs 312.35 today. A total of 5.27 lakh shares of the firm changed hands, amounting to a turnover of Rs 16.27 crore.
Advit Jewels shares listed at a 37% premium, while Cordelia Cruise debuted at a 16% discount. Check listing prices, investor gains, losses and IPO details.
Sensex rose 171 points to 76,645 and Nifty rose 50 pts to 23,914 in early deals today. Among Sensex constituents, M&M, Titan, Eternal, Sun Pharma, Infosys, Kotak Bank were the top gainers today, rising up to 2.27%.
KPIT said the slowdown emerged only in the last few weeks of the quarter and was not factored into its earlier expectations.
Canara Bank Securities said that Shriram Finance is showing a long-term bullish trendline breakout, with price moving above all major moving averages, indicating improving momentum.
NCC shares ended 1.17% lower at Rs 148.10 on Tuesday against the previous close of Rs 149.85.
Stocks like Kotak Mahindra Bank, Advit Jewels, YES Bank, RailTel, Cordelia, RITES, KPIT Technologies, LTTS, Glenmark, auto stocks and more will be in the spotlight on Wednesday, July 01.
The surge came after West Bengal Finance Minister Swapan Dasgupta, during the state Budget presentation on June 22, proposed reviving the exchange.
YES Bank share price: YES Bank stock ended 3.59% lower at Rs 24.19 on Tuesday against the previous close of Rs 25.09. Market cap of the lender stood at Rs 75,922 crore.
Tata Communications stock: The Tata Group firm's stock is likely to be affected by two developments in the short term.
Major drags on the Sensex included Infosys Ltd, ICICI Bank, Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL), State Bank of India (SBI), ITC Ltd, Axis Bank Ltd, HCLTechnologies Ltd, Hindustan Unilever Ltd (HUL) and Larsen & Toubro Ltd (L&T).
Bharti Airtel price target: Nomura has raised Bharti Airtel stock's target price to Rs 2,355 while retaining its Buy rating.
AI-led data centre expansion is creating a structural growth opportunity across India's power, transmission, transformer and water sectors. Analysts explain the long-term investment theme and highlight top stocks to watch.




