Sensex today | Stock Market Live: Stock to buy today: Colgate Palmolive (India) (₹2,041.95)
AI Summary
Indian markets saw a boost from IT and financial stocks following positive earnings from Tech Mahindra and Jio Financial, despite a slight drop in the rupee and concerns over rising oil prices. The outlook remains cautiously optimistic as indices show potential for growth, although the US market exhibits signs of struggle amid negative trends. Investors should monitor upcoming tech earnings and geopolitical tensions that may impact market stability.
Businessman using laptop trading and analysis data on stock market investments funds and digital assets, Economy, Financial, Banking and exchange currency, Business investment and finance technology | Photo Credit: ipopba
Sensex Today, Nifty 50 | Stock Market Live Updates: On Friday, markets were led by IT and financial stocks after upbeat results from Tech Mahindra and Jio Financial, swinging to weekly gains despite trading in their narrowest range of 2026.
Rupee dropped 0.07% versus the U.S. dollar to 96.28, logging its sharpest weekly drop since May, as elevated oil prices and strong merchant dollar demand renewed worries about the currency’s trajectory.
The benchmark 10-year bond was quoted at 101.22 rupees, with the yield up 2 basis points at 6.7659%.
Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.
Brent crude climbed 3% to cross $90 a barrel for the first time in more than a month as the U.S. military started a ninth straight day of attacks against Iran, which in turn struck targets across the region.
Japan’s Nikkei was closed for a holiday, having shed 6.4% last week in a tech-led rout. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3%.
South Korea’s chip-heavy market lost 0.6%, after diving almost 9% last week in wild trade as retail investors were squeezed out of leveraged positions.
The latest spike in oil will be a headache for the European Central Bank which meets on Thursday and is considered likely to hold rates at 2.25% following June’s hike.
Markets are almost fully priced for a rise at its September meeting an
Market outlook remains bullish as indices show strong potential for upward movement despite recent foreign investor selling.
US market outlook shows indices struggling to rise, signaling caution for investors amid negative trends and key support levels.
* Promoter group entities entered into a $1 billion bridge facility agreement dated July 15, 2026
* Funds to be used for repayment of Vedanta Resources Group’s financial debt, associated fees and general corporate purposes
- Technology & Communications +10.8% YoY.
- Revenue guidance -1.5% to +0.5% CC QoQ.
- Disciplined execution remains priority.
- Consulting-led AI strategy progressing.
1. The company has transformed from a small partnership firm in 2017 to an NSE-listed infrastructure company in 2024, reflecting rapid business evolution.
2. FY26 Revenue increased by 55% YoY to ₹835.5 Crore, demonstrating strong execution and business expansion.
3. FY26 EBITDA grew by 101% YoY to ₹105.2 Crore, while EBITDA margin improved to 12.6%, indicating better operational efficiency.
4. FY26 PAT increased by 90% YoY to ₹76.2 Crore, with EPS rising to ₹17.83, reflecting healthy profitability.
5. The company has built a ₹4,315 Crore order book, providing strong revenue visibility for the next few years.
6. Operations are now spread across 8 states reducing geographical concentration risk.
7. The business has diversified into Water Infrastructure, Civil & Electrical Infrastructure, Mining Development, and Transportation, reducing dependence on a single segment.
8. The acquisition of a *60% stake in Kandoi Transport Ltd.* strengthens logistics capabilities, improves execution efficiency, and creates an additional recurring revenue opportunity.
9. Water Infrastructure and Mining have emerged as key growth drivers, supported by increasing government infrastructure spending.
10. Continuous improvement in operating margins reflects disciplined project execution and cost management.
11. India’s increasing investment in infrastructure, water, mining, and transportation is expected to create long-term growth opportunities for the company.
12. A strong order ...
Original Article
Published on Hindu BusinessLine