Sword Group confirms the sale of its subsidiary Tipik to mci group, an internationally recognised player in the field of event and institutional communication. This divestment marks the end of Sword’s involvement in event-related activities, fully aligned with its strategy to refocus on its core businesses: digital transformation and high value-added services. mci group, a long-standing partner of Sword, is accelerating its growth and strengthening its service portfolio as well as its communication expertis ...

Benchmark stock indices Sensex and Nifty surged nearly 1 per cent on Monday as investor sentiment remained positive amid foreign fund inflows and a rally in global markets on expectations of further monetary policy easing by the US Federal Reserve.Photograph: Shailesh Andrade/ReutersBuilding on the previous session's rally, the 30-share BSE Sensex jumped 638.12 points or 0.75 per cent to settle at 85,567.48.During the day, it surged 671.97 points or 0.79 per cent to 85,601.33.The 50-share NSE Nifty climbed ...

The domestic market closed higher on Monday, extending the year-end rally for the second consecutive trading session amid strong liquidity conditions and supportive global cues, as expectations of further US Fed easing in 2026 continued to bolster risk sentiment. FIIs turning net buyers reinforced the positive momentum, IT and metal stocks leading the gains, while investors now await the Q3 GDP estimate for clearer policy direction, said Vinod Nair, Head of Research, Geojit Investments, adding that caution ...

U.S. stock futures are showing a positive trajectory this Monday, December 22, 2025, signaling a cautiously optimistic start to a holiday-shortened trading week. Investors are closely monitoring premarket activity, with a notable rebound in technology stocks setting an upbeat tone. The New York Stock Exchange (NYSE) is scheduled for an early close on Wednesday, December 24, for Christmas Eve and will remain closed on Thursday, December 25, for Christmas Day, which could lead to reduced liquidity and increas ...

Core Viewpoint - NNIT has updated its financial outlook for 2025 due to a slowdown in market and customer activity, leading to a suspension of its mid-term financial aspirations [1][4][5] Financial Outlook for 2025 - Organic revenue growth for 2025 is now anticipated to be around -3%, a decrease from the previous expectation of 0-5% [2] - The expected operating profit margin excluding special items is revised to around 5.5%, down from the previous low end of 7-9% [2] - Special items are now expected to be around DKK 83 million, an increase from the previous estimate of up to DKK 69 million, primarily due to an accelerated strategic process and cost-out project [2] Performance Drivers - The lower-than-expected financial performance is attributed to a temporary disruption in the US region, where several larger projects have been postponed to 2026 [3] - The US business has experienced a slowdown in new contract wins, negatively impacting revenue generation in the fourth quarter [3] - In Europe, performance remains subpar, with larger customers hesitant to enter new contracts [3] Mid-term Financial Aspirations - The mid-term financial aspirations communicated in February 2025 have been suspended due to increasing uncertainty in the macroeconomic and geopolitical environment [4][5] - The previously announced targets of annual organic revenue growth of 7 to 10% and an operating profit margin above 10% in 2027 are no longer in effect [5] Company Overview - NNIT is a leading provider of IT solutions, focusing on high complexity industries, particularly in life sciences and the public and private sectors in Denmark [6][8] - The company employs around 1,600 people across Europe, Asia, and the USA [8]

Market Performance - Equity benchmark indices Sensex and Nifty started trading positively, with Sensex rising by 482.7 points (0.56%) to 85,412.06 and Nifty increasing by 160.2 points (0.61%) to 26,126.60 [1] - Major gainers included Infosys, Tata Steel, Tech Mahindra, Trent, HCL Tech, and Bharti Airtel, while UltraTech Cement and Power Grid were the only laggards [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹1,830.89 crore, while Domestic Institutional Investors (DIIs) bought equities worth ₹5,722.89 crore in the previous trade [2] - The participation of DIIs has been effective in absorbing selling pressure, while FIIs turning net buyers has boosted market confidence [4] Market Outlook - Analysts suggest a potential year-end rally driven by a reversal in the rupee and increased FII buying in the cash market, which could lead to short covering and higher benchmark indices [3] - Brent crude oil prices increased by 0.73% to $60.91 per barrel, which may influence market dynamics [3]

Core Viewpoint - The surge in Infosys' American Depositary Receipts (ADRs) was not linked to any material events requiring regulatory disclosure, despite significant volatility and trading activity [1][7]. Group 1: Stock Performance - Infosys ADRs experienced a remarkable 40% spike on the NYSE, reaching a 52-week high of $30 before settling at $20.22, marking a gain of $1.04 or 5.42% amid trading volumes of 118.7 million [7]. - The ADRs had shown positive momentum earlier in the week, with increases of over 5% on Thursday and 2.5% on Wednesday, indicating a three-day streak of gains [3][7]. Group 2: Market Context - The rally in Infosys ADRs followed a broader increase in Indian IT stocks, particularly influenced by Accenture's first-quarter results that exceeded Wall Street estimates, driven by strong demand for AI-driven IT services [2][5]. - Accenture's shares rose 0.85% to $274.57 on the Nasdaq during the same period, reinforcing its status as a bellwether for the IT sector, including Indian IT companies [2][5]. Group 3: Company Guidance - Infosys reiterated its fiscal 2026 guidance, projecting full-year revenue growth between 2% to 5% in local currency terms, and 3% to 6% in constant currency, excluding an estimated 1% impact from its U.S. federal business [6][7].

Market Performance Overview - The BSE benchmark index declined by 338.3 points, or 0.39 percent during the week [2][4] - Despite the overall market decline, several heavyweight stocks experienced increases in their valuations [4] Notable Increases in Market Capitalisation - Tata Consultancy Services (TCS) saw its market value surge by Rs 22,594.96 crore, reaching a total valuation of Rs 11,87,673.41 crore [4] - Infosys increased by Rs 16,971.64 crore, pushing its market capitalisation to Rs 6,81,192.22 crore [4] - State Bank of India added Rs 15,922.81 crore, resulting in a valuation of Rs 9,04,738.98 crore [4] - Reliance Industries' market capitalisation rose by Rs 12,314.55 crore to Rs 21,17,967.29 crore [4] - Bharti Airtel's valuation climbed by Rs 7,384.23 crore to Rs 11,95,332.34 crore [3][4] - Larsen & Toubro saw a marginal increase of Rs 68.78 crore, bringing its market capitalisation to Rs 5,60,439.16 crore [3][4] Notable Decreases in Market Capitalisation - HDFC Bank experienced the sharpest decline, with a fall of Rs 21,920.08 crore to Rs 15,16,638.63 crore [3][4] - LIC's valuation slipped by Rs 9,614 crore to Rs 5,39,206.05 crore [3][4] - ICICI Bank's market capitalisation declined by Rs 8,427.61 crore to Rs 9,68,240.54 crore [3][4] - Bajaj Finance saw a dip of Rs 5,880.25 crore, resulting in a valuation of Rs 6,27,226.44 crore [3][4] Overall Market Capitalisation Trends - The combined market capitalisation of six of India's ten most-valued companies rose by Rs 75,256.97 crore over the past week [4] - Reliance Industries maintained its position as the most-valued company, followed by HDFC Bank, Bharti Airtel, Tata Consultancy Services, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro, and LIC [3][4]

Representative imageThe sudden surge pushed the American Depositary Receipts (ADRs) to a 52-week high of $30 and forced the New York Stock Exchange to halt trading due to extreme volatility, according to ET. The sharp move took place during a low-liquidity holiday session and was not linked to any new announcement from the company.Why did the rally raise eyebrows?The speed and scale of the rise caught traders off guard because there was no obvious trigger. Analysts pointed out that such extreme swings are u ...

"The "mystery" behind the move appears to be rooted in a bizarre technical glitch involving ticker mapping. In the days leading up to the surge, several prominent financial data providers—including Zacks Investment Research and MarketBeat—began erroneously identifying the "INFY" ticker as "American Noble Gas Inc." in their automated reports," it said in a report."While the financial metrics and news headlines attached to the ticker still referenced Infosys’s massive AI investments and $75 billion market ca ...