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AI clarity, US cues drive IT stocks higher

Financial Express Lucknow

|

December 23, 2025

Results of TCS and Accenture spark optimism

- URVI MALVANIA

LARGE-CAP IT stocks rallied on Monday, buoyed by a confluence of clearer AI revenue visibility, improving signals from the US demand environment, and expectations of incremental foreign inflows as currency pressures eased,analysts and experts said.

The combination helped lift the sentiment around majortechnology exporters after an extended phase of cautious positioning.

Wipro led the gains among IT counters, closing up 3.1% after touching an intraday high of ₹273.15. Infosys ended the session 3.05% higher at ₹1,689.70 while Tech Mahindra gained 2.09% to close at ₹1,646.55. HCLTech rose 1.67% to close at ₹1,670.00 and Tata Consultancy Services (TCS) closed 1.28% higher at ₹3,324.65, reflecting a broadbased buying interest across frontline IT names.

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In strategy shift, BOBCARD bets on premium customers

BOBCARD IS RECALIBRATING its credit card portfolio towards relatively premium and lower-risk customers as stress builds in smaller-ticket unsecured lending, said Managing Director and CEO Ravindra Rai, signalling a clear shift in the strategy amid tighter regulatory oversight and a more cautious industry environment.

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December 27, 2025

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Vedanta shares up 35% this year

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December 27, 2025

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Manappuram Fin to infuse up to ₹250 cr into Asirvad Micro Finance

GOLD LOAN NBFC Manappuram Finance on Friday said its board has approved an additional equity infusion of up to ₹250 crore into subsidiary Asirvad Micro Finance (AMFL) in one or more tranches.

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December 27, 2025

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Change in norms for opening coal, lignite mines

THE GOVERNMENT ON friday said that it has amended the rules to streamline approvals for opening coal and lignite mines.

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1 min

December 27, 2025

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Japan sees first primary balance surplus since 1998

JAPANESE PRIME MINISTER Sanae Takaichi said the nation's primary balance is set to return to a surplus for the first time in 28 years, in an apparent attempt to ease market concerns over her proactive stance on spending.

time to read

1 min

December 27, 2025

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Turnaround expected in foreign fund flows

MARKET PARTICIPANTS

time to read

2 mins

December 27, 2025

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India conveys concerns to US over H-1B visa interview cancellations

INDIA ON FRIDAY said it flagged its concerns to the US over cancellation of pre-scheduled H-1B visa interviews of large numbers of Indian applicants and that both sides are engaged on the issue.

time to read

1 min

December 27, 2025

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Ninjacart revenue falls to ₹1,634 cr in FY25

AGRI-TECH FIRM

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1 min

December 27, 2025

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FOR THE SAKE OF GROWTH

INDIA NEEDS TO GO MUCH BEYOND CHOOSING BETWEEN INVESTMENT AND CONSUMPTION

time to read

3 mins

December 27, 2025

Financial Express Lucknow

EPFO offices to become single-window

THE GOVERNMENT IS redeveloping all upcoming and several existing Employees’ Provident Fund Organisation (EPFO) offices into modern, technology-enabled, single-window service centres to ensure resolution of any EPF related issue at any regional office across the country, Labour and Employment Minister Mansukh Mandaviya said on Friday.

time to read

1 min

December 27, 2025

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