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Happiest Minds Technologies Ltd fell 3.78% today to trade at Rs 391.75. The BSE Information Technology index is down 0.39% to quote at 29601.76. The index is up 0.34 % over last one month. Among the other constituents of the index, Black Box Ltd decreased 2.3% and Wipro Ltd lost 1.78% on the day. The BSE Information Technology index went down 15.41 % over last one year compared to the 4.19% fall in benchmark SENSEX.
Happiest Minds Technologies Ltd has added 3.94% over last one month compared to 0.34% gain in BSE Information Technology index and 1.41% drop in the SENSEX. On the BSE, 32359 shares were traded in the counter so far compared with average daily volumes of 1.35 lakh shares in the past one month. The stock hit a record high of Rs 582.65 on 18 Sep 2025. The stock hit a 52-week low of Rs 305.3 on 02 Mar 2026.
Market participants remained focused on the upcoming speech by Kevin Warsh who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications on the US central bank’s monetary policy outlook.
IT, media and metal shares rises while private bank, PSU bank and FMCG shares declined.
At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 249.88 points or 0.32% to 77,188.48. The Nifty 50 index rose 53.15 points or 0.22% to 24,145.35.
In the broader market, the BSE 150 MidCap Index gained 0.22% and the BSE 250 SmallCap Index rose 0.29%.
The market breadth was positive. On the BSE, 1,701 shares rose and 1,158 shares fell. A total of 211 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 298.26 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,977.17 crore in the Indian equity market on 27 August 2026, according to provisional data.
Numbers to Track:
The yield on India's 10-year benchmark federal paper rose 0.26% to 6.910 compared with the previous session close of 6.892.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 95.5425 compared with its close of 95.4550 during the previous trading session.
MCX Gold futures for the 5 October 2026 settlement fell 0.57% to Rs 1,58,090.
The United States 10-year bond yield jumped 0.26% to 4.684.
In the commodities market, Brent crude for the October 2026 settlement shed 31 cents or 0.35% to $89.39 a barrel.
Stocks in Spotlight:
Wipro advanced 1.33% after the company announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Addtionally, the company is scaling its adoption of Gemini Enterprise to equip 10,000 AI-certified specialists, including 1,500 FDEs, with advanced AI capabilities
NBCC (India) shed 0.01%. The company announced that it has received multiple work orders from various clients aggregating to Rs 134.27 crore.
Hero MotoCorp rose 1.03% after the company’s board approved the purchase of additional equity shares of Ather Energy for a total consideration of Rs 1,758 crore. As of 25 August 2026, the company held a 29.88% stake in Ather Energy. Following the proposed acquisition, Hero MotoCorp’s stake will increase to 32.8%.
Global Markets:
Asian stocks were trading higher on Friday, tracking the overnight gains on Wall Street, supported by strength in technology and IT services stocks.
Meanwhile, inflation in Tokyo, a leading indicator of nationwide price trends, remained close to the Bank of Japan's 2% target in August. Core consumer prices, which exclude volatile fresh food prices, rose 1.8% year-on-year, up slightly from 1.7% in July and broadly in line with expectations. A measure excluding both fresh food and fuel was around 2%, keeping attention on the Bank of Japan's monetary policy outlook.
All three major US indices closed higher on Thursday, led by a sharp rally in technology stocks following Nvidia's results and upbeat revenue outlook. The Dow Jones Industrial Average rose 0.20% to 53,569.00, while the S&P 500 gained 0.72% to 7,730.99 and the Nasdaq Composite advanced 1.57% to 26,541.00. Nvidia surged 8.7% after its strong results and forecast reinforced expectations of sustained demand for AI infrastructure. Salesforce jumped 22.6%, while CrowdStrike gained 20.5%, adding to the technology-led rally.
US initial jobless claims fell by 4,000 to 203,000 in the week ended August 22, compared with economists' expectations of 208,000, signalling continued resilience in the labour market. The data could reinforce the case for the Federal Reserve to remain cautious on rate cuts, particularly as inflation remains above its 2% target.
Separately, the US goods trade deficit widened sharply to $118.8 billion in July from the previous month, the widest gap since March 2025. Exports fell 2.9%, while imports rose 3.7%, with strong imports of capital goods linked to artificial intelligence investment contributing to the increase. The wider trade deficit could weigh on third-quarter economic growth.
Crude oil prices rose on Thursday after a media report said the Trump administration was not interested in returning to the terms of a June memorandum of understanding with Iran, raising doubts over efforts to ease supply disruptions around the Strait of Hormuz. Brent crude settled 2.1% higher at $89.70 a barrel. Oil prices, however, eased in early Asian trading on Friday.
Attention now shifts to Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. Investors will closely parse his comments for clues on the Fed's approach to inflation and interest rates, particularly as inflation remains above the central bank's 2% target and longer-term Treasury yields remain elevated.
Shares of Tempsens Instruments will list on the stock exchanges today. The IPO received bids for 279.44 crore shares as against 1.51 crore shares on offer. The issue was subscribed 184.07 times. The price band of the IPO was fixed between Rs 285 and 300 per share.
Stocks to Watch:
Wipro announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Addtionally, the company is scaling its adoption of Gemini Enterprise to equip 10,000 AI-certified specialists, including 1,500 FDEs, with advanced AI capabilities
NBCC (India) announced that it has received multiple work orders from various clients aggregating to Rs 134.27 crore.
Hero MotoCorp’s board approved the purchase of additional equity shares of Ather Energy for a total consideration of Rs 1,758 crore. As of 25 August 2026, the company held a 29.88% stake in Ather Energy. Following the proposed acquisition, Hero MotoCorp’s stake will increase to 32.8%.
Tejas Networks announced that it has received a letter of intent from Tata Consultancy Services (TCS) for the supply of RAN equipment, accessories and installation materials for BSNL’s 4G mobile network covering 18,685 sites. The order is valued at Rs 1,537 crore.
Adani Power announced that its wholly owned subsidiary, Chandenvalle Infra Park (CIPL), has entered into a share purchase agreement with AdaniConneX (ACPL) for the sale of its entire stake in CIPL for a total consideration of Rs 535.69 crore.
Great Eastern Shipping’s board approved a share buyback of up to Rs 900 crore at a price of Rs 1,530 per equity share. As of 21 August 2026, the promoters held a 30.07% stake in the company.
Wipro has also launched the LIFT (Launch-Ignite-Flywheel-Transform) framework to help enterprises accelerate AI transformation and deploy agentic AI at scale.
The framework integrates Gemini Enterprise with Wipro's AI-powered delivery platforms, WINGS and WEGA. The company said the unified ecosystem is designed to help organisations move from basic task automation to deploying secure, autonomous AI agents across multi-step business workflows.
Wipro is building a dedicated team of more than 1,500 certified Forward Deployed Engineers. The team will combine Google Cloud's expertise with Wipro's consulting and engineering capabilities to support enterprise-wide AI adoption.
The company said it has deployed Gemini Enterprise as its central agentic orchestration platform under its 'Operate Better with AI' strategy and 'Client Zero' approach.
Wipro said Gemini's reasoning and long-context capabilities have enabled it to build autonomous AI agents for workflows across compliance, human resources and sales intelligence.
Wipro has also integrated Antigravity Command Line Interface into its software engineering ecosystem. The tool supports developers with planning, coding, testing and application modernisation.
Wipro said the transition has resulted in productivity improvements in custom application development and reductions in post-production defects.
Wipro is an AI-powered technology services and consulting company that provides digital transformation, consulting and technology services to enterprises globally.
For Q1 FY27, Wipro reported revenue of Rs 24,479 crore, up 10.6% year-on-year and 1% sequentially. Net profit rose 0.6% YoY but declined 4.7% QoQ to Rs 3,356 crore. IT services revenue stood at $2.615 billion, rising 0.9% YoY in constant currency terms but declining 1.2% QoQ.
Wipro expects IT services revenue of $2.574 billion to $2.627 billion in Q2 FY27, implying a sequential constant-currency change of -1.5% to +0.5%.
Wipro announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Additionally, Wipro is scaling the internal deployment of Gemini Enterprise and will empower over 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers (FDEs), with advanced AI capabilities to enhance productivity, streamline operations, and accelerate decision-making.
As part of this partnership, Wipro has launched the LIFT (Launch-Ignite-Flywheel-Transform) framework to help enterprises accelerate AI transformation and operationalize agentic AI at scale. Powered by Wipro Intelligence™, the unified suite of AI platforms, solutions, and transformative offerings, the LIFT framework integrates Gemini Enterprise with Wipro's AI powered delivery platforms, WINGS and WEGA. This unified ecosystem enables organizations to seamlessly transition from basic task-automation to embedding secure, autonomous AI agents directly into their core, multi-step business workflows.
Over the past six months, BSE shares have gained 11.70%, while the stock has surged 48.09% over the past year. In contrast, Wipro has declined 18.95% over six months and 22.92% over one year.
NSE Indices said BSE qualified for inclusion after its six-month average free-float market capitalisation stood at Rs 1,40,879 crore, compared with Rs 55,930 crore for Wipro. BSE's free-float market capitalisation was therefore at least 1.5 times that of Wipro, meeting the eligibility criterion. The change will also be reflected in the Nifty50 Equal Weight index.
TVS Motor Company and Divi's Laboratories were the next two eligible companies, with six-month average free-float market capitalisations of Rs 84,566 crore and Rs 82,930 crore, respectively. However, they were not selected as the average free-float market capitalisation of the two lowest-ranked existing Nifty 50 constituents after Wipro's exclusion, HDFC Life Insurance and Tata Consumer Products, did not meet the required 1.5-times threshold.
NSE Indices also requires stocks to be available for trading in the NSE Futures & Options segment to qualify for inclusion in the Nifty 50.
The new offering aims to address the growing need for enterprise resilience as organizations accelerate artificial intelligence (AI) adoption and operate in increasingly complex digital environments. ERaaS enables organizations to move beyond the traditional backup and disaster recovery model by operating as a continuously managed, enterprise-wide capability across technology, operations, and business processes.
ERaaS will enable continuous assessment of resilience posture, support recovery decisions, and automate recovery workflows. The new service will transform resilience from a periodic, incident triggered function to a predictive, self-optimizing capability that evolves continuously. The AI capabilities will be operationalized through Wipro’s AI-powered delivery platform WINGS, part of Wipro Intelligence, the suite of AI-powered platforms, solutions, and transformative offerings.
ERaaS is built on Rubrik’s unified cyber and data resilience platform, offering capabilities such as immutable protection, rollback of AI-driven changes, rapid identification of clean recovery points and threat-aware recovery. The platform also supports the protection of critical identity systems, enabling organisations to recover data, infrastructure and identities with greater confidence while minimising downtime and business risk.
Satish Yadavalli, global business head – cloud, infrastructure, and security services, Wipro, said, “Where most resilience engagements start with technology, Wipro's starts with the business use cases, and that distinction is what makes ERaaS stand out, together with Rubrik's Zero Trust recovery capabilities, ERaaS will identify critical systems, map impact tolerances, and quickly establish recovery priorities. Leveraging our consulting capabilities, we will work closely with clients to translate these insights into resilience-by-design architectures, governance frameworks, and recovery playbooks.'
Alok Agrawal, chief solutions officer, Rubrik, said, “Together with Wipro, we are helping customers operationalize cyber recovery as a core part of a broader enterprise resilience strategy, moments of disruption are inevitable, which is why this joint offering is critical for safe, confident, agile recovery.”
Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs.
The company reported a 4.69% decline in consolidated net profit to Rs 3,356.3 crore for the quarter ended 30 June 2026 (Q1 FY27), compared with Rs 3,521.6 crore posted in Q4 FY26. Revenue from operations rose 1% QoQ to Rs 24,478.6 crore in the quarter ended 30 June 2026.
The counter shed 0.51% to settle at Rs 186.05 on Wednesday, 5 August 2026.