Stocks

Foreign institutional investors have sold Indian shares worth more than Rs 2 lakh crore so far in 2026, marking their third straight month as net sellers amid ongoing geopolitical tensions.

9 Mwezi wa tano, 2026 Imeripotiwa na AI

U.S. stocks have risen for six straight weeks, led by technology shares and semiconductors.

Nine BSE smallcap companies delivered standout performances in the March 2026 quarter, with net profits surging over 50% year-on-year and share prices rising 50% to 170% in the past year. Four of these stocks became multibaggers, more than doubling investor returns. Data from ACE Equity highlights the momentum amid mixed results from 168 reporting firms.

30 Mwezi wa nne, 2026 Imeripotiwa na AI

India's small-cap stocks surged 17.1% in April, marking their best monthly performance in at least a decade. The Nifty Smallcap 250 index rebounded sharply after a steep sell-off in March. Local investors snapped up undervalued stocks with strong growth potential.

Indian IT stocks fell sharply on Wednesday following HCL Technologies' disappointing fourth-quarter earnings and cautious outlook. The Nifty IT index suffered a substantial drop amid renewed investor worries over artificial intelligence disruption. Major firms including Infosys, TCS and Tech Mahindra also declined.

22 Mwezi wa nne, 2026 Imeripotiwa na AI

HCL Technologies shares dropped more than 9% following disappointing March quarter results and cautious FY27 guidance. While year-on-year profit and revenue grew, sequential declines in constant currency and margins fell short of expectations. Brokerages including JPMorgan and HSBC cut their target prices in response.