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Tata Consultancy Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 2443.9, up 1.91% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.98% on the day, quoting at 24220.8. The Sensex is at 77561.47, up 1.04%. Tata Consultancy Services Ltd has added around 20.3% in last one month.
Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has added around 18.42% in last one month and is currently quoting at 30418.35, up 2.38% on the day. The volume in the stock stood at 51.49 lakh shares today, compared to the daily average of 50.19 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 2436.9, up 1.31% on the day. Tata Consultancy Services Ltd is down 19.97% in last one year as compared to a 2.55% fall in NIFTY and a 12.23% fall in the Nifty IT index.
The PE of the stock is 16.11 based on TTM earnings ending June 26.
Coforge Ltd gained 4.35% today to trade at Rs 1594.95. The BSE Information Technology index is up 1.1% to quote at 28663.15. The index is up 7.55 % over last one month. Among the other constituents of the index, Mphasis Ltd increased 2.56% and Tata Consultancy Services Ltd added 2.51% on the day. The BSE Information Technology index went down 17.76 % over last one year compared to the 5.02% fall in benchmark SENSEX.
Coforge Ltd has added 6.82% over last one month compared to 7.55% gain in BSE Information Technology index and 0.35% drop in the SENSEX. On the BSE, 58463 shares were traded in the counter so far compared with average daily volumes of 2.31 lakh shares in the past one month. The stock hit a record high of Rs 1988.9 on 08 Dec 2025. The stock hit a 52-week low of Rs 1008.5 on 17 Mar 2026.
IT, realty and auto share advanced while FMCG, PSU bank and Private bank shares declined.
At 13:25 IST, the barometer index, the S&P BSE Sensex declined 48.81 points or 0.06% to 76,786.97. The Nifty 50 index fell 11 points or 0.05% to 23,984.25.
In the broader market, the BSE 150 MidCap Index slipped 0.03% and the BSE 250 SmallCap Index shed 0.49%.
The market breadth was weak. On the BSE, 1,565 shares rose and 2,495 shares fell. A total of 236 shares were unchanged.
In the commodities market, Brent crude for September 2026 settlement dropped $2.27 or 2.57% to $86.09 a barrel, amid a pause in fighting between the U.S. and Iran
Gainers & Losers:
Tata Consultancy Services (TCS) (up 4.40%), Tech Mahindra (up 3.38%), Eternal (up 3.08%) and Infosys (up 2.71%) were the major Nifty50 gainers.
Hindustan Unilever (down 5.96%), Coal India (down 4.62%), Bharat Electronics (down 3.64%) and NTPC (down 2.27%) were the major Nifty50 losers.
Stocks in Spotlight:
Tata Chemicals fell 2.99% after the company reported a consolidated net loss of Rs 17 crore in the quarter ended 30 June 2026 (Q1 FY27), compared with a net profit of Rs 525 crore in the corresponding quarter last year. Revenue from operations increased 14.41% year-on-year (YoY) to Rs 4,255 crore during the quarter, driven by higher sales volumes that offset lower realizations.
Tejas Networks declined 3.32% after the company reported a consolidated net loss of Rs 202.24 crore in Q1 FY27, compared with a net loss of Rs 193.87 crore posted in Q1 FY26. However, the company’s total revenue from operations jumped 99.10% to Rs 402.16 crore in Q1 FY27 as against Rs 201.98 crore recorded in the corresponding quarter of the previous year.
Hindustan Unilever dropped 5.96% after the FMCG major reported a 3.01% year-on-year (YoY) decline in consolidated net profit to Rs 2,673 crore in the quarter ended 30 June 2026 (Q1 FY27), compared with Rs 2,756 crore in Q1 FY26. Revenue from operations jumped 10.3% YoY to Rs 17,184 crore in Q1 FY27.
Coforge surged 10.08% after the company reported a strong set of earnings for the quarter ended 30 June 2026. In US dollar terms, revenue stood at $592.2 million, up 33.3% YoY and 21.1% QoQ. On a consolidated basis, the company's net profit rose 63.4% YoY to Rs 518.60 crore, while it declined 15.3% sequentially. Gross revenue increased 49.2% YoY and 24.2% QoQ to Rs 5,527.70 crore in the June 2026 quarter.
The company's board also gave in-principle approval to set up an entity in China to expand its operations, with further details to be shared later. The announcement came alongside the company's financial results for the quarter ended 30 June 2026.
Tilaknagar Industries slipped 1.90% after the company reported a 64.30% drop in consolidated net profit to Rs 31.59 crore in Q1 FY27 as against Rs 88.50 crore in Q1 FY26. However, revenue from operations (excluding excise duty) jumped 165.54% to Rs 1,046.03 crore in Q1 FY27 as against Rs 393.92 crore in Q1 FY26.
Godfrey Phillips India declined 8.24% after the company’s consolidated net profit fell 44.3% to Rs 198.39 crore in Q1 FY27 from Rs 356.31 crore in Q1 FY26. Revenue from operations (excluding excise duty) declined 19.2% to Rs 1,191.85 crore in Q1 FY27 from Rs 1,474.25 crore in Q1 FY26.
Aurionpro Solutions declined 11.28% after the company reported 10.62% decrease in consolidated net profit to Rs 45.86 crore on a 6.31% rise in revenue to Rs 358.07 crore in Q1 FY27 as compared with Q1 FY26.
Global Markets:
European market advanced amid a flurry of corporate earnings updates, as falling oil prices and a tech-led sell-off in Asian markets failed to dampen investor sentiment.
Asian markets declined on Tuesday, with South Korea’s Kospi plunging over 10%, as uncertainty gripped investors ahead of mega earnings announcements from the likes of Amazon, Meta Platforms and Microsoft on the calendar.
A Federal Reserve rate decision is due Wednesday. Investors expect that the central bank will remain on hold, but will seek greater clarity on the path forward for monetary policy. Fed funds futures were last pricing in a quarter point hike in September, according to the CME FedWatch Tool.
On Tuesday, traders will monitor the release of a consumer confidence report. Quarterly results from Coca-Cola, UPS, Corning and Boeing are due before the bell.
Focus would also remain on oil prices and the bond market. The U.S. 10-year Treasury yield declined 0.56% to 4.615.
Hostilities between the U.S. and Iran are on hold, as diplomats seek to give peace talks “some space.” Focus will also be on President Donald Trump’s meeting with Israeli Prime Minister Benjamin Netanyahu. The two leaders will mainly discuss about Iran.
Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates.
The S&P 500 edged up 0.02% to end the session at 7,413.18 points. The Nasdaq declined 0.18% to 24,932.08 points, while the Dow Jones Industrial Average rose 0.51% to 52,210.08 points.
Infosys Ltd gained 2.91% today to trade at Rs 1112.5. The BSE Information Technology index is up 0.93% to quote at 28100.15. The index is down 0.13 % over last one month. Among the other constituents of the index, Tech Mahindra Ltd increased 2.24% and Tata Consultancy Services Ltd added 2.14% on the day. The BSE Information Technology index went down 23.2 % over last one year compared to the 5.94% fall in benchmark SENSEX.
Infosys Ltd has lost 3.94% over last one month compared to 0.13% fall in BSE Information Technology index and 0.28% rise in the SENSEX. On the BSE, 27836 shares were traded in the counter so far compared with average daily volumes of 10.29 lakh shares in the past one month. The stock hit a record high of Rs 1727.85 on 03 Feb 2026. The stock hit a 52-week low of Rs 984 on 01 Jul 2026.
In the cash market, the Nifty 50 index jumped 261.55 points or 1.09% to 24,334.30.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, advanced 2.07% to 13.15.
Infosys, Reliance Industries and Tata Consultancy Services (TCS) were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The July 2026 F&O contracts will expire on 28 July 2026.
Tata Consultancy Services (TCS) has launched the Consumer Business Group (CBG) Gemini Experience Center (GEC) in Kolkata, India. The center will showcase AI-led innovations tailored for consumer business needs and built with Google Cloud and Google's Gemini models.
With the launch of the CBG GEC in Kolkata, TCS now operates three Gemini Experience Centers in India. These include the Retail GEC at the Chennai Retail Innovation Lab and the BFSI GEC at the Bengaluru BFSI Innovation Lab, each designed to serve industry-specific innovation and transformation needs.
By the end of 2026, TCS plans to establish a total of 10 GECs globally, including four in India. This expansion further strengthens TCS' global innovation footprint and underscores its strategic focus on partnering with hyperscalers to help enterprises navigate the next phase of AI-enabled transformation.
Tata Elxsi Ltd lost 5.44% today to trade at Rs 3499.1. The BSE Information Technology index is down 1.3% to quote at 27492.28. The index is up 0.13 % over last one month. Among the other constituents of the index, Zensar Technologies Ltd decreased 2.33% and Tata Consultancy Services Ltd lost 2.29% on the day. The BSE Information Technology index went down 25.37 % over last one year compared to the 6.51% fall in benchmark SENSEX.
Tata Elxsi Ltd has lost 14% over last one month compared to 0.13% gain in BSE Information Technology index and 1.22% rise in the SENSEX. On the BSE, 17011 shares were traded in the counter so far compared with average daily volumes of 32460 shares in the past one month. The stock hit a record high of Rs 6423.1 on 15 Jul 2025. The stock hit a 52-week low of Rs 3473.75 on 15 Jul 2026.
Tata Consultancy Services (TCS) announced the launch of the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will serve as a physical AI hub to accelerate the development and real-world deployment of AI-led solutions across mobility and manufacturing using NVIDIA AI Infrastructure.
The lab, which is the first of its kind, will help enterprises move from pilots to production scale deployment to design, test and validate Industrial AI solutions. It will enable customers to leverage TCS' domain expertise and accelerators to rapidly prototype and simulate use cases across a wide range of industries before deploying them in real-world mobility, manufacturing and industrial operations.
The New Terminal One at John F. Kennedy International Airport (JFK) has entered into a strategic partnership with Tata Consultancy Services (TCS) to shape the world's most advanced airport experience.
As the strategic technology and innovation partner to the New Terminal One, TCS will support the delivery of an intelligent, digitally-enabled guest experience at the new terminal, delivering cost efficiencies to airlines and transforming international travel at JFK, the largest global gateway to the United States.
Under the partnership, TCS will help develop a next-generation airport operations and guest experience spanning digital infrastructure, AI-enabled IT operations, and innovation initiatives. Developed with TCS' Cognix™ and ignio™ solutions, the solutions will provide the New Terminal One and its partner airlines end to-end visibility and proactive management of key components of the guest experience—from passenger processing and baggage handling to terminal security. This will pave the way for lower operating costs for airlines and a more efficient travel experience for their passengers.
Going ahead, investors will closely monitor further developments in the US-Iran conflict, movements in crude oil prices, the ongoing Q1 earnings season, corporate business updates, and the progress of the southwest monsoon for cues on the market's near-term direction.
IT, Media and consumer durables stocks advanced while FMCG, metal and pharma shares declined.
As per provisional closing data, the barometer index, the S&P BSE Sensex advanced 47.04 points or 0.06% to 77,616.40. The Nifty 50 index rose 4.10 points or 0.02% to 24,211.
In the broader market, the BSE 150 MidCap Index rose 0.02% and the BSE 250 SmallCap Index rose 0.25%.
The market breadth was positive. On the BSE, 2,341 shares rose and 2,061 shares fell. A total of 202 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, surged 8.38% to 13.28.
In the commodities market, Brent crude for September 2026 settlement added $1.81 or 2.38% to $77.82 a barrel.
Economy:
India’s trade deficit widened to $30.43 billion in June’26 from $19.10 billion in June’25 and $28.21 billion in May’26.
India's merchandise exports climbed 15.5% to $40.41 billion in June 2026, compared with $34.98 billion in the year-ago period. Imports surged 31% year-on-year to $70.84 billion, up from $54.08 billion, resulting in a wider trade deficit.
On a sequential basis, merchandise exports declined from $45.20 billion in May to $40.41 billion in June, while imports eased from $73.41 billion to $70.84 billion over the same period.
IPO Update:
Laser Power & Infra IPO received bids for 85.33 crore shares as against 2.55 crore shares on offer. The issue was subscribed 33.35 times.
The issue opened for bidding on 09 July 2026 and it will close on 13 July 2026. The price band of the IPO is fixed between Rs 203 and 214 per share. An investor can bid for a minimum of 70 equity shares and multiples thereof.
Buzzing Index:
The Nifty IT index rallied 3.59% to 29,015.85. The index jumped 5.62% in the two consecutive trading sessions.
Tata Consultancy Services (up 5.45%), HCL Technologies (up 4.97%), Tech Mahindra (up 3.35%), Infosys (up 3.19%) and Mphasis (up 3.02%), Persistent Systems (up 2.68%), Coforge (up 2.59%), LTM (up 2.2%), Wipro (up 1.72%) and Oracle Financial Services Software (up 0.62%) advanced.
LTM (formerly LTIMindtree) rose 2.2% after it has reported a 5.86% quarter-on-quarter (QoQ) increase in consolidated net profit to Rs 1,468.6 crore on a 2.80% rise in revenue from operations to Rs 11,608 crore in Q1 FY27 over Q4 FY26.
NMDC declined 0.92%. The company reduced the prices of Baila Lump and Baila Fines with effect from 10 July 2026. The state-owned miner cut the price of Baila Lump (65.5%, 10-40 mm) by Rs 250 per tonne to Rs 5,450 per tonne in July’26 from Rs 5,700 per tonne in June’26. It also reduced the price of Baila Fines (64%, -10 mm) by Rs 150 per tonne to Rs 4,700 per tonne from Rs 4,850 per tonne.
Fino Payments Banks surged 18.86% after the small finance bank’s average total deposits jumped 11% to Rs 2,755 crore in June 2026 compared with Rs 2,477 crore in June 2025.
Just Dial hit upper circuit of 20% after the company reported 66.2% jump in net profit to Rs 166.3 crore in Q1 FY27 from Rs 100 crore in Q4 FY26. Operating revenue for the period under review was Rs 327.5 crore, up 9.9% YoY.
L&T Finance jumped 1% after the NBFC reported a 28.72% year-on-year (YoY) increase in consolidated net profit to Rs 902.47 crore for the quarter ended 30 June 2026 (Q1 FY27), compared with Rs 701.10 crore posted in Q1 FY26. Total revenue from operations jumped 22.38% YoY to Rs 5,212.92 crore in Q1 FY27.
Avantel rose 1.94% after the company reported a 67.39% year-on-year increase in consolidated net profit to Rs 5.39 crore in Q1 FY27, compared with Rs 3.22 crore in Q1 FY26. Revenue from operations rose 35.65% year-on-year to Rs 70.42 crore in Q1 FY27.
Bajaj Consumer Care declined 1.22%. The company has reported 84.8% rise in consolidated net profit to Rs 70.7 crore on a 28.3% increase in net sales to Rs 341.4 crore in Q1 FY27 as compared with Q1 FY26.
Indus Towers rose 0.94%. The company has appointed Abhishek Maheshwari as the chief financial Officer (CFO) and key managerial personnel (KMP) of the company, effective August 19, 2026. Maheshwari is a seasoned finance professional with over 21 years of experience across business partnering, strategic planning, budgeting, financial reporting, investor relations, mergers and acquisitions, taxation, compliance, internal controls, and business modelling. He currently leads the finance function for Airtel’s B2B business as CFO.
63 Moons Technologies surged 7.79% after the company’s material subsidiary, 63SA TS Cybertech, secured an order book worth Rs 288 crore in the first quarter of FY27, achieving around 82% of its full-year order target of Rs 350 crore.
Most European market declined as escalating Middle East tensions weighed on investor sentiment.
Most Asian market ended lower on Monday as investors remained cautious amid renewed geopolitical tensions in the Middle East.
Investor sentiment nosedived after Iran and the United States exchanged airstrikes over the weekend. Tehran claimed it had targeted U.S. military facilities across multiple Gulf countries and announced the closure of the Strait of Hormuz.
However, U.S. President Donald Trump rejected the claim on Sunday, stating that the strategic waterway remained open to commercial shipping.
In South Korea, shares of SK Hynix fell 5% after the chipmaker's stock had surged 13% during its Nasdaq debut, prompting investors to book profits.
In the United States, shares on Wall Street ended higher on Friday. The Dow Jones Industrial Average gained 0.29% to close at 52,637.01, the S&P 500 rose 0.42% to 7,575.39, and the Nasdaq Composite advanced 0.29% to finish at 26,281.61.
Investors are also gearing up for a busy U.S. earnings week, with several major financial institutions, including JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo, scheduled to report quarterly results.
Earnings from Netflix, Johnson & Johnson and UnitedHealth are also expected to be closely watched for clues on corporate performance and the broader economic outlook.