Asian markets traded higher on Friday, tracking gains on Wall Street as investors looked beyond the recent technology sell-off.
US stock futures were largely steady after the S&P 500 and Nasdaq Composite ended their three-session losing streak.
Here's a table showing how US stocks performed on Thursday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 344.91 | 1.26 | 0.37% | 348.4 | 336.82 | 404.44 | 244.68 |
Apple | 342 | -0.96 | -0.28% | 347.85 | 341.6 | 348.15 | 243.42 |
Meta | 736.72 | -0.82 | -0.11% | 743.97 | 715.58 | 779.82 | 520.26 |
Tesla | 362.44 | -4.72 | -1.29% | 363.75 | 355.23 | 498.82 | 297.38 |
Netflix | 72.61 | 2.04 | 2.89% | 73.07 | 71.33 | 124.86 | 65.1 |
Amazon | 254.76 | 0.68 | 0.27% | 255.6 | 248.65 | 287.16 | 196 |
Microsoft | 539.44 | 5.75 | 1.08% | 541.13 | 531.22 | 553.72 | 349.2 |
Dow Jones | 52177.69 | 556.21 | 1.08% | 52250.18 | 51681.37 | 54744.33 | 45057.28 |
Nasdaq | 29935.59 | -15.22 | -0.05% | 29985.62 | 29408.41 | 31361.37 | 22841.42 |
Source: Equitymaster
At present, the BSE Sensex is trading 217 points higher, and NSE Nifty is trading 70 points higher.
Tech Mahindra, HFCL and Wipro are the top gainers today.
MTAR Technologies, CCL Products and Yes Bank on the other hand is among the top losers today.
The BSE 150 Midcap index is trading 0.2% lower and the BSE 250 SmallCap index is trading flat.
Sectoral indices are trading mixed today with stocks in energy sector and FMCG sector witnesses selling pressure. Meanwhile, stocks in telecom sector and IT sector witnessed buying.
The rupee is trading at Rs 94.81 against the US dollar.
Tech Mahindra Q2 FY27 Results
Shares of Tech Mahindra came into focus after the company reported its Q2 FY27 results.
Tech Mahindra reported a 32% year-on-year increase in net profit to Rs 15.86 billion for the quarter ended September 30, 2026.
Consolidated revenue rose 15.6% year-on-year and 3% sequentially to Rs 161.80 billion.
EBIT margin improved by 260 basis points year-on-year and 40 basis points sequentially to 14.8%.
The company recorded net new deal wins of USD 1.02 billion in the second quarter, marking a 25.4% year-on-year increase. This was the fourth consecutive quarter in which Tech Mahindra reported deal wins exceeding USD 1 billion.
Mohit Joshi, CEO and Managing Director of Tech Mahindra, said that deal wins exceeding USD 1 billion in each of the past four quarters reflected the strength of the company's customer relationships and the trust it had built.
Wipro Q2 FY27 Results
Shares of Wipro came into focus after the company reported its Q2 FY27 results.
The company reported a net profit attributable to equity holders of Rs 32 billion, declining 4.6% sequentially from Rs 33.56 billion in the previous quarter and 1.9% year-on-year from Rs 32.62 billion in the September 2025 quarter.
Revenue from operations stood at Rs 247.53 billion, registering a 1.1% increase from Rs 244.79 billion in the June quarter and a 9% rise from Rs 226.97 billion in the corresponding quarter last year.
Revenue from the IT services segment increased 1% year-on-year to Rs 246.67 billion. The company said revenue from Europe, which accounts for more than a fourth of its overall business, grew 5.1% year-on-year on a constant-currency basis.
During the year, the company also entered into partnerships with Anthropic and Google, supporting its efforts to expand AI-related revenue opportunities and drive cost savings.
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