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GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback

GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback

GIFT Nifty jumped about 110 points on renewed Iran US peace talk hopes, lifting market sentiment after recent weakness. Traders are now watching whether positive global cues can help Nifty 50 reclaim 24,000 on Monday, despite ongoing pressure from IT-led selling that has contributed to the pullback.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IT majors shares slide as profits beat but revenue misses cloud outlook

IT majors shares slide as profits beat but revenue misses cloud outlook

Indian IT stocks fell after mixed quarterly results from big names. TCS showed profit growth but annual revenue declined, while Infosys posted a profit that topped estimates yet missed revenue expectations. With both companies signaling weaker future growth, investors trimmed positions, sending shares lower despite earnings that initially looked resilient.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Infosys drops as Adani Energy climbs in Friday’s sharp market reversals

Infosys drops as Adani Energy climbs in Friday’s sharp market reversals

Friday trading saw a sharp dip in Indian indices as heavy IT selling pulled down the BSE Sensex and Nifty 50. Infosys was among the notable losers, while select stocks such as Himadri Speciality Chemical and Adani Energy Solutions rose on the back of earnings and fresh momentum, highlighting a split market mood.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Kaynes Technology Swiggy SpiceJet among sharp movers as markets slide for second straight day

Kaynes Technology Swiggy SpiceJet among sharp movers as markets slide for second straight day

Markets fell for a second consecutive day as sharp price swings hit several high-attention names including Kaynes Technology, Swiggy, SpiceJet and Coforge. Selling pressure in IT and auto-linked stocks pulled headline indices lower, amplifying volatility across the session and keeping investors focused on the week’s next catalysts.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Markets end higher as Ola Electric slips and IDBI Bank tumbles on worries

Markets end higher as Ola Electric slips and IDBI Bank tumbles on worries

Indian markets finished higher on Tuesday, lifted by strength in banks, auto and metals. Lloyds Metals jumped on expansion plans, but Ola Electric and IDBI Bank fell after brokerage cuts and divestment concerns. IT stocks remained weak as investors refreshed fears of AI-led disruption, keeping sentiment cautious even with the overall index up.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Markets End Second Straight Day Red as IT Stocks Weigh Down Gainers and Losers

Markets End Second Straight Day Red as IT Stocks Weigh Down Gainers and Losers

Indian benchmark indices slipped again for the second straight session, ending in the red amid choppy trade. High volatility shaped the day’s moves, with IT stocks emerging as the main drag on sentiment. Against this backdrop, investors tracked major gainers and losers including Adani Power and Mphasis as the market tried to find direction.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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