Asian markets traded mixed on Tuesday as rising oil prices amid the US-Iran war weighed on sentiment.
US stock market ended lower on Monday as the latest escalation of the Middle East war sent oil prices jumping and dampened risk appetite.
Here's a table showing how US stocks performed on Monday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 350.67 | -4.36 | -1.23% | 355.75 | 349.82 | 404.44 | 180.71 |
Apple | 317.31 | 1.99 | 0.63% | 323.45 | 315.78 | 323.45 | 201.5 |
Meta | 656.73 | -12.48 | -1.86% | 676.62 | 654.2 | 796.25 | 520.26 |
Tesla | 394.76 | -13 | -3.19% | 405.57 | 391.37 | 498.82 | 297.82 |
Netflix | 73.83 | 0.46 | 0.63% | 75.45 | 73.71 | 127.75 | 70.86 |
Amazon | 247.31 | 1.97 | 0.80% | 249.65 | 244.18 | 278.56 | 196 |
Microsoft | 390.99 | 5.89 | 1.53% | 393.65 | 384.15 | 555.45 | 349.2 |
Dow Jones | 52498.64 | -138.37 | -0.26% | 52846.51 | 52351.12 | 53289.3 | 43340.68 |
Nasdaq | 29264.1 | -561.01 | -1.88% | 29541 | 29189.21 | 30762.2 | 22669.37 |
Source: Equitymaster
At present, the BSE Sensex is trading 394 points lower, and the NSE Nifty is trading 90 points lower.
TCS, Tech Mahindra, Bharti Airtel among the top gainers today.
Bajaj Finance, HCL Tech, M&M, on the other hand, are among the top losers today.
The BSE 150 Midcap index is trading 0.3% lower, and the BSE 250 SmallCap index is trading 0.4% lower.
Sectoral indices are trading mixed today, with stocks in the metal sector and IT sector witnessing buying. Meanwhile, stocks in the banking sector and auto sector witnessed selling pressure.
The rupee is trading at Rs 95.9 against the US dollar.
HCL Tech Q1FY27 Performance
HCL Technologies reported a 20% year-on-year increase in net profit to Rs 4.6 billion for the June quarter.
Revenue from operations rose 14% YoY to Rs 34.6 billion, compared with Rs 30.3 billion in the corresponding quarter last year.
Operating margin stood at 16.9%, expanding to 39 basis points quarter-on-quarter and 56 basis points year-on-year. The Q1 FY27 operating margin includes the impact of 62 basis points of restructuring costs.
The company maintained its FY27 guidance, projecting 1-4% year-on-year revenue growth in constant currency terms and an EBIT margin of 17.5-18.5%, despite market expectations of a reduction in the upper end of the guidance due to macroeconomic and demand uncertainties.
The board also declared an interim dividend of Rs 12 per equity share (face value of Rs 2 each) for FY27.
ICICI Prudential Asset Management Q1 Business Update
ICICI Prudential Asset Management Co reported a 23.1% year-on-year increase in net profit to Rs 9.6 billion for the quarter ended June 2026.
Revenue rose 17.6% YoY to Rs 15.6 billion, compared with Rs 13.3 billion in the corresponding quarter of the previous year.
PDS Wins Major Global Sourcing Contract
PDS Limited has signed a multi-year sourcing agreement with the global sourcing arm of a leading French-headquartered supermarket group.
Under the partnership, PDS will manage the retailer's textile sourcing operations across Bangladesh, Pakistan, India, Sri Lanka, and Turkey, providing end-to-end sourcing and supply chain services through a dedicated subsidiary.
The company expects to oversee apparel sourcing worth more than US$250 million in annual FOB value. The partnership is scheduled to begin on 1 November.
PDS said the deal strengthens its long-term relationships with global retailers and highlights its capabilities in delivering large-scale, technology-driven sourcing solutions.
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