Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Q3: Street to track IT demand cues
Mint Kolkata
|January 12, 2026
Subdued demand, and no substantial recovery in discretionary technology spending amid client caution should keep big positive surprises at bay as IT companies kick off the third-quarter earnings season
Banking, financial services and insurance remains the most resilient vertical.
(ISTOCKPHOTO)
January, creating the spectre of added uncertainty ina market that has struggled to trade above its recent record high.
The benchmark Nifty has rallied 21% from a 52-week low of 21,743.65 on 7 April last year through a record high of 26,373.2 last Monday due to massive buying from domestic institutional investors led by mutual funds. However, the Nifty could not sustain gains as FPIs continued to sell, falling 2.6% to 25,683.3 on Friday. The market is likely to trade over a 1.5% range from 25,500-25,900 through Tuesday, options data indicated.
This story is from the January 12, 2026 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Infosys beats Street, sees AI threat rising
FY26 revenue rises 4.57% to cross $20 bn in best show in 3 yrs
3 mins
April 24, 2026
Mint Kolkata
Sebi panel studies MCX’s plan for weekly bullion index options
The Multi Commodity Exchange of India (MCX) has proposed launching weekly index options for its bullion derivative index, the MCX Bulldex, according to two people familiar with the matter.
1 mins
April 24, 2026
Mint Kolkata
Manufacturing outpaces services growth in April
After losing some momentum in March due to the West Asia conflict, growth across India's private sector expanded at a faster pace at the start of the new fiscal year in April.
1 mins
April 24, 2026
Mint Kolkata
Is India's wheat export push well-timed?
The government's decision to reopen wheat exports in February after nearly four years—and then scaling up the quota from 2.5 million tonnes to 5 million—comes as India sits on a comfortable surplus.
2 mins
April 24, 2026
Mint Kolkata
TechM turnaround push in last leg
Tech Mahindra's deal wins crossed the $1-billion mark for the second consecutive quarter in Q4FY26.
2 mins
April 24, 2026
Mint Kolkata
How the French have fallen for 19th-century canteens
France is witnessing a revival of old-school restaurants that serve simple and cheap dishes in a warm atmosphere
2 mins
April 24, 2026
Mint Kolkata
An elephant and horse fable that cannot be told aloud
Imagine a marketplace for domesticated animals.
3 mins
April 24, 2026
Mint Kolkata
US intercepts Iran oil supertankers as Tehran keeps Hormuz shut
The US military said it intercepted two Iranian oil supertankers that tried to evade its blockade as Washington continues to stymie the Islamic Republic’s
1 min
April 24, 2026
Mint Kolkata
‘Market correction overdone; mid- and small-caps now attractive’
With equity markets roiled by the West Asia war and sharp swings in mid-and small-caps, investors are grappling with how to position portfolios.
4 mins
April 24, 2026
Mint Kolkata
Havells India ends FY26 on weak note; will FY27 be better?
Havells India’s shares lost 5% after higher input costs and advertising expenses dragged down its Q4FY26 Ebitda, by 6% year-on-year (yo-y), to ₹724 crore.
1 mins
April 24, 2026
Listen
Translate
Change font size