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NYSE:HCLTECH 14 October 2025 - 24 February 2026

India stock market today: Nifty, Sensex tumble over 1% as IT rout deepens on AI fears

India stock market today: Nifty, Sensex tumble over 1% as IT rout deepens on AI fears

The Nifty 50 fell 1.1% and the Sensex dropped over 1,000 points Tuesday, led by a 4.7% plunge in IT stocks to a 30-month low. Tata Consultancy Services, Infosys, HCLTech, and Wipro lost up to 6.1% amid AI disruption fears and a Jefferies downgrade. Market capitalization dropped by 3.5 trillion rupees. Textile exporters also declined after export incentive cuts.
24 February 2026
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HCL Tech’s AI-Powered Pivot Ignites Stock Rally – Brokers Say It’s Better Than TCS

HCL Tech’s AI-Powered Pivot Ignites Stock Rally – Brokers Say It’s Better Than TCS

HCL Tech reported Q2FY26 revenue of ₹31,942 crore, up 11% year-on-year, with net profit flat at around ₹4,235 crore, beating analyst estimates. AI services contributed $100 million, about 3% of revenue—a first for an Indian IT firm. New deal bookings rose 44% to $2.56 billion. The company raised its FY26 services revenue growth guidance to 4–5%.
14 October 2025
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