Market Performance - Stock markets rebounded with the BSE Sensex rising by 943.52 points or 1.17% to settle at 81,666.46 after a significant drop on Budget day [3][10] - The NSE Nifty increased by 262.95 points or 1.06% to end at 25,088.40, with a peak of 1,009.31 points during the day [4][5] Sector Performance - Blue-chip stocks in oil & gas, banking, and auto sectors saw value buying, contributing to the market recovery [3][11] - Power Grid surged by 7.61% and Adani Ports climbed by 4.76%, indicating strong performance among key players [4][7] Economic Indicators - A sharp decline in global crude oil prices, with Brent crude dropping 4.88% to USD 65.94 per barrel, provided relief to the markets [12][14] - The Union Budget for 2026-27, amounting to Rs 53.5 lakh crore, aims to boost manufacturing and support agriculture and tourism, reflecting a long-term growth strategy [8][9] Investor Activity - Foreign institutional investors sold equities worth Rs 588.34 crore on Sunday, indicating cautious sentiment in the market [5][12] - Despite the sell-off, the market showed signs of recovery as participants recalibrated positions following the Budget day decline [13]

. SECURITIES,5,(MNP),2,(TDS)2007-08,1,`,1,01.07.12,23,01.09.2008,1,01.10.2012,2,06.07.2009,3,07.08.2012,1,1 PERCENT EXCISE ITEMS LIST,2,1 sep,1,1% excise,2,10 year nsc,7,10(10C),1,10(10D),1,10(11),1,10(12),1,1000 court cases judgements supplied to ITO,7,1000 rupee note,3,11-2008,1,11-2010,1,111A,4,130 items,1,14.08.2008,1,15 august,2,150 Rs coin,2,15g,14,15h,15,18-12-2009,1,192(1A),5,192A,2,194 I,4,194 IA,1,194A,7,194c from 01.10.2009,7,194H,6,194j,15,194LC,3,194N,1,194O,1,194q,2,1981-2007,2,2% cst,1,2% exc ...

Core Insights - Cognizant Technology Solutions Corporation (CTSH) is a leading provider of IT, consulting, and business process services, competing with major players like Accenture and Infosys [1] Stock Performance - Over the past month, CTSH has shown a modest gain of 0.53%, indicating steady growth and investor confidence [2] - In the last 10 days, the stock experienced a decline of 3.16%, presenting a potential buying opportunity as it has touched a local minimum, suggesting a possible rebound [2][6] Growth Potential - CTSH's growth potential is forecasted at an impressive 15.09%, driven by market trends, company performance, and industry outlook, making it attractive for investors seeking future appreciation [3] Financial Health - The company has a strong Piotroski Score of 8, indicating robust financial health and effective management, providing reassurance to investors about its stability [4][6] Analyst Target Price - Analysts have set a target price for CTSH at $94.44, reflecting significant upside potential from current levels and confidence in the company's ability to achieve growth objectives [5]

Core Viewpoint - The market capitalization of BSE-listed companies experienced a significant decline of Rs 9,40,581.75 crore, dropping to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day due to the proposed increase in Securities Transaction Tax (STT) on derivatives by Finance Minister Nirmala Sitharaman [1][5]. Market Reaction - The BSE Sensex fell by 2,370.36 points or 2.88 percent, closing below the 80,000-mark at 79,899.42 during afternoon trading [4]. - The benchmark index ended at 80,722.94, down 1,546.84 points or 1.88 percent, marking a notable decline similar to the drop on February 1, 2020 [5][7]. Impact of STT Increase - The STT on futures contracts is set to increase from 0.02 percent to 0.05 percent, while the STT on options premium and exercise will rise to 0.15 percent from 0.1 percent and 0.125 percent respectively [6][9]. - This increase in STT is viewed negatively by active traders and the derivatives ecosystem, as it raises transaction costs and may reduce speculative volumes, impacting liquidity in futures and options [6][8]. Investor Sentiment - The proposed tax changes aim to moderate excessive derivatives activity and boost revenue, but they could dampen retail participation during bullish market phases and affect short-term broking revenues [8]. - The overall market sentiment was negative, with 2,375 stocks declining, while only 1,759 advanced and 175 remained unchanged on the BSE [12]. Sector Performance - Among the major companies, State Bank of India and Adani Ports saw declines of 5.61 percent and 5.53 percent respectively, while Tata Consultancy Services, Infosys, Sun Pharma, and Titan were among the gainers [11][12]. - Various indices experienced significant drops, with BSE PSU Bank falling by 5.60 percent and the metal sector declining by 3.85 percent [12].

Core Viewpoint - The Finance Minister's proposal to increase the Securities Transaction Tax (STT) on futures to 0.05% is expected to have a structurally negative impact on the capital market ecosystem, particularly affecting futures and options (F&O) driven businesses [1][11]. Market Reaction - The benchmark stock indices, Sensex and Nifty, experienced significant declines, with Sensex dropping by nearly 2% and settling at 80,722.94, down 1,546.84 points or 1.88% [2][3]. - The NSE Nifty fell by 495.20 points or 1.96%, closing at 24,825.45, with an intraday low of 24,571.75, a drop of 2.95% [3][7]. Impact on Trading and Liquidity - Higher transaction costs due to the increased STT are likely to reduce trading volumes, dampen short-term momentum, and lower profitability for active market participants [12][16]. - Foreign Institutional Investor (FII) participation in derivatives may decline as post-tax trading efficiency diminishes, which could negatively impact overall market liquidity [13][8]. Sector Performance - Among the 30 Sensex firms, State Bank of India and Adani Ports saw significant losses of 5.61% and 5.53%, respectively, with other companies like Bharat Electronics, ITC, Tata Steel, UltraTech Cement, and Reliance Industries also among the laggards [6][7]. - Conversely, Tata Consultancy Services, Infosys, Sun Pharma, and Titan were noted as gainers during this period [8][7]. Long-term Outlook - While the proposed STT increase is seen as a short-term dampener for capital market entities, some analysts suggest it may have positive implications in the long term [9]. - The budget also aims to support sectors affected by global trade tariffs and focuses on emerging areas such as data centers, semiconductors, and biopharma, which may provide some resilience to the market [10].

Market Performance - Benchmark equity indices Sensex and Nifty ended lower, with Sensex declining by 296.59 points or 0.36% to settle at 82,269.78 and Nifty dropping by 98.25 points or 0.39% to end at 25,320.65 [3][5] - The decline was attributed to weakness in metal and IT stocks, as well as caution ahead of the upcoming Budget presentation on February 1 [5][6] Sector Performance - Tata Steel experienced the largest decline among Sensex firms, falling by 4.57%, while other laggards included ICICI Bank, Power Grid, HCL Tech, Tech Mahindra, Infosys, and Kotak Mahindra Bank [4] - Conversely, Mahindra & Mahindra, State Bank of India, ITC, and Bharat Electronics were among the gainers [4] Foreign and Domestic Investment - Foreign institutional investors sold equities worth Rs 393.97 crore, while domestic institutional investors purchased stocks worth Rs 2,638.76 crore [4][5] Economic Outlook - India's economy is projected to grow by 6.8-7.2% in the upcoming fiscal year, maintaining its status as the world's fastest-growing major economy despite global trade risks [7]

Benchmark equity indices Sensex and Nifty ended lower on Friday, snapping a three-day rally, dragged by metal, IT stocks and caution ahead of the Budget presentation on February 1. Fresh foreign fund outflows and weakness in the rupee also added to the bearish trend in the equity markets. The 30-share BSE Sensex declined 296.59 points or 0.36 per cent to settle at 82,269.78. During the day, it tumbled 625.34 points or 0.75 per cent to 81,941.03. The 50-share NSE Nifty dropped 98.25 points or 0.39 per cent ...

Market Performance - Benchmark equity indices Sensex and Nifty ended lower, with Sensex declining by 296.59 points or 0.36% to settle at 82,269.78, and Nifty dropping by 98.25 points or 0.39% to end at 25,320.65, snapping a three-day rally [1][2] - The decline was influenced by selling pressure in metal and IT stocks, with Tata Steel experiencing the largest drop of 4.57% among Sensex firms [2] Foreign Investment Activity - Foreign institutional investors sold equities worth ₹393.97 crore on January 29, 2026, while domestic institutional investors purchased stocks worth ₹2,638.76 crore [3] Economic Outlook - India's economy is projected to grow by 6.8-7.2% in the upcoming fiscal year, maintaining its status as the fastest-growing major economy despite global trade risks and volatility [5] Market Sentiment - The Indian equity markets exhibited volatility ahead of the Union Budget, with cautious sentiment due to persistent foreign fund outflows and rupee depreciation [4][7] - Analysts noted that market participants are balancing pre-Budget positioning against external headwinds, contributing to a cautious market environment [7]

Benchmark indices remained under pressure in afternoon trade on Friday, weighed down by sustained selling in metal stocks ahead of the Union Budget presentation on Sunday. The Sensex was trading at 82,175.62, down 390.75 points or 0.47 per cent from its previous close of 82,566.37, while the Nifty declined 126.35 points or 0.50 per cent to 25,292.55 against Thursday’s close of 25,418.90. Metal stocks continued to lead the losses, with Tata Steel plunging 5.60 per cent to ₹191.00 and Hindalco falling 5.52 pe ...

Core Insights - Infosys has introduced innovative technologies for the Australian Open 2026, focusing on enhancing fan engagement, player empowerment, and digital accessibility through its AI suite, Infosys Topaz [1][10] Innovations for AO 2026 - **MatchFeel**: A tactile experience for blind and visually impaired fans, converting live match data into haptic feedback on a physical court surface, allowing fans to feel the action [2] - **Rally**: An interactive AI mascot that engages fans with real-time scores and unique experiences, ensuring a safe and enjoyable interaction [3] - **Keys to the Match**: An AI feature providing fans with simplified insights on player tactics and performance metrics before matches [4] Enhancements to Existing Technology - The Infosys Fan Zone at Melbourne Park is designed with a fully offset carbon footprint and recyclable structures, promoting sustainability [6] - The Future Leaders Program will educate students on technology's role in sports, enhancing digital skills and leadership [6] Company Statements - Andrew Groth from Infosys emphasized the partnership with Tennis Australia as a benchmark for responsible AI in sports, aiming to make tennis more accessible and enjoyable for all [7] - Craig Tiley, CEO of Tennis Australia, highlighted how technology enriches the Australian Open experience, making it more inclusive and engaging [10]