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Futures open interest surged over 13% across nine NSE stocks, led by Tata Elxsi, Havells, CDSL, HCL Tech and SBI Life, signaling rising trader participation and expanding derivative positions.
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Infosys shares are in focus ahead of Q4 FY26 earnings. The IT giant has partnered with OpenAI to integrate its AI tools, including Codex, into Infosys’ Topaz model. This collaboration aims to transform software development and modernization for enterprises, moving them from experimentation to practical, responsible AI deployment. Investors await FY27 guidance amid global economic uncertainties.
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Gold and silver prices fell sharply on MCX amid rising crude oil prices and uncertainty around US-Iran peace talks, raising concerns over prolonged high interest rates. Analysts expect continued volatility, advising investors to book profits and wait for dips, while tracking global cues like dollar movement and inflation trends.
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Indian stock markets are experiencing a downturn for the second day. Sensex and Nifty have fallen significantly. Rising oil prices and a weakening rupee are impacting investor sentiment. Market volatility has increased. Most sectors are seeing declines, with consumer durables and auto leading the losses. Nifty Pharma is an exception, showing gains.
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Trent Ltd shares slipped despite strong Q4 results, where net profit rose 26% year-on-year to Rs 400 crore. Revenue also grew 19% to Rs 5,028 crore, reflecting solid operational performance even as the stock saw mild profit booking.
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