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NYSE:TCS 6 January 2026 - 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.
Air India CEO hunt heats up as Tata weighs replacing Campbell Wilson

Air India CEO hunt heats up as Tata weighs replacing Campbell Wilson

Air India’s board is seeking a replacement for CEO Campbell Wilson amid ongoing regulatory scrutiny after a June 2025 crash that killed 260, sources said. Tata chairman N. Chandrasekaran has approached international airline executives about the role, according to local reports. Regulators have cited safety lapses and issued show-cause notices to senior officials. Air India posted a combined loss of 10,859 crore rupees in fiscal 2025.
6 January 2026

Stock Market Today

  • Planet Labs PBC Reports Break-Even Q4 Earnings, Beats Revenue Estimates
    March 20, 2026, 10:46 AM EDT. Planet Labs PBC (PL) reported break-even earnings per share (EPS) for Q4, surpassing the Zacks Consensus Estimate loss of $0.04, marking a 100% positive earnings surprise. Revenue climbed to $86.82 million, beating estimates by 11.03% and up from $61.55 million a year earlier. The company has exceeded consensus EPS estimates three times in the last four quarters. Shares have risen about 25.8% since the start of the year, outperforming the S&P 500's 3.2% decline. Despite mixed earnings estimate revisions ahead of this report, Planet Labs holds a Zacks Rank #3 (Hold), suggesting stock performance in line with the market. The Satellite and Communication sector ranks in the bottom 33%, highlighting industry challenges.
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