Sensex rose 117 points to 75,435 and Nifty gained 18 points to 23,667 in early deals today.
Shares of IT firms such as Infosys, HCL Tech, TCS and Tech Mahindra were the only gainers on Sensex, rising up to 1.35% in early deals.
Sensex crashed 865 points to 74,372 and Nifty slipped 257 points to 23,379 in early deals today.
Indian IT stocks are having a tough time lately amid the rising AI challenges with major IT player hitting multiyear lows, with select bluechips from the IT space hitting their fresh lows on Thursday.
Out of 20 IT stocks that Kotak tracks, the broking firm has 'buy' on Coforge, Hexaware Tech, Indegene, Infosys, Sagility, TCS and Tech Mahindra.
The AI disruption fears came back to haunt the Dalal Street today as IT shares topped the losers list on both BSE and NSE.
IT shares: Aurionpro Solutions, Sonata Software, Rategain, Birlasoft, Silver Touch Technlogies, Persistent Systems and Happiest Minds shares slipped up to 9.84% in early deals.
Among Sensex constituents, Infosys plunged 2.57% to Rs 1146.55. Tech Mahindra declined 2.08%, while Tata Consultancy Services (TCS), HCL Tech, and ICICI Bank dropped 1.94%, 1.70% and 0.88%, respectively.
Mahindra & Mahindra (M&M) has delivered a strong Q4FY26 performance, with net profit surging 42% YoY to ₹4,667 crore and revenue rising 29% to ₹54,982 crore. The company continues to dominate key segments, retaining its #1 position in SUVs, tractors, and light commercial vehicles. Growth was driven by robust demand in the auto and farm segments, with volumes rising sharply. The services business also showed strong momentum, led by Tech Mahindra and Mahindra Lifespaces. Despite slight margin compression, overall profitability remained solid. The board has recommended a final dividend of ₹33 per share. Watch Rajesh Jejurikar, Executive Director & CEO (Auto & Farm Sector), decode M&M’s earnings, growth strategy, and outlook in this exclusive conversation with Business Today TV.
Sensex rose 355 pts to close at 77,269 and Nifty added 122 pts to settle at 24,119. Market cap of BSE-listed firms rose to Rs 467.33 lakh crore.
At close, the Sensex advanced 609.45 points, or 0.79 per cent, to settle at 77,496.36, while the Nifty rose 181.95 points, or 0.76 per cent, to close at 24,177.65.




