Core Insights - The combined market valuation of six of the top-10 valued firms increased by ₹63,478.46 crore last week, with Larsen & Toubro and State Bank of India being the primary contributors [1][2]. Group 1: Gainers - Larsen & Toubro's market valuation rose by ₹28,523.31 crore, reaching ₹6,02,552.24 crore [2]. - State Bank of India's valuation increased by ₹16,015.12 crore, totaling ₹11,22,581.56 crore [2]. - HDFC Bank's market capitalization climbed by ₹9,617.56 crore to ₹14,03,239.48 crore [3]. - Life Insurance Corporation of India's valuation edged up by ₹5,977.12 crore, reaching ₹5,52,203.92 crore [3]. - Bajaj Finance's market cap advanced by ₹3,142.36 crore to ₹6,40,387 crore [3]. - Reliance Industries' valuation increased by ₹202.99 crore, totaling ₹19,21,678.78 crore [3]. Group 2: Losers - Bharti Airtel's market capitalization fell by ₹15,338.66 crore to ₹11,27,705.37 crore [3]. - ICICI Bank's valuation decreased by ₹14,632.10 crore, bringing it down to ₹9,97,346.67 crore [3]. - Infosys' market cap declined by ₹6,791.58 crore to ₹5,48,496.14 crore [4]. - Tata Consultancy Services' valuation dipped by ₹1,989.95 crore, totaling ₹9,72,053.48 crore [4]. Group 3: Market Overview - The BSE Sensex rose by 187.95 points, or 0.22 percent, over the past week [1]. - Reliance Industries remains the most-valued firm, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India, and Infosys [4].

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Group 1: Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries, making it the world's largest IT infrastructure services provider [4]. Group 2: Allegations and Stock Impact - Kyndryl is accused of misrepresenting its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, leading to the immediate departures of its CFO and General Counsel [6]. - Following this announcement, Kyndryl's stock price dropped over 52% during trading on February 9, 2026 [7].

Core Insights - Infosys Limited (NYSE:INFY) is recognized as a promising investment in emerging markets, particularly due to its strategic partnerships aimed at enhancing artificial intelligence solutions [1][8] Group 1: Strategic Partnerships - Infosys has entered a strategic partnership with Anthropic PBC to develop advanced AI solutions, combining Anthropic's Claude Models with Infosys' Topaz AI products to automate complex workflows and expedite software deliveries [2][3] - The collaboration will focus on creating AI agents capable of managing long, complex processes, targeting sectors such as telecommunications and financial services, with plans to expand into software development and manufacturing [4][5] Group 2: Energy Efficiency Initiatives - Infosys is expanding its partnership with ExxonMobil to develop advanced cooling systems for data centers, utilizing ExxonMobil's immersion fluids to enhance energy efficiency and performance [6] - This collaboration aims to assist large enterprises and governments in managing AI and high-performance computing needs, ultimately reducing energy costs and carbon emissions while improving digital infrastructure resilience [7] Group 3: Company Overview - Infosys is a global leader in next-generation digital services, consulting, and outsourcing, aiding businesses in over 50 countries with their digital transformation efforts, particularly in AI, cloud services, and agile workflows [8]

Kyndryl Holdings (KD) Files Amended Quarterly and Fiscal Year Reports Detailing Material Internal Control Weaknesses After 3 Key Executives Depart, Securities Class Action Pending- Hagens Berman [Accessibility Statement] Skip NavigationSAN FRANCISCO, Feb. 20, 2026 /PRNewswire/ -- On February 17, 2026, Kyndryl Holdings, Inc. (NYSE: KD) filed two amended quarterly reports and one amended annual report providing further detail about problems previously reported on February 9, 2026.The recent filings reveal tha ...

New York, New York--(Newsfile Corp. - February 20, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/kyndryl-ho ...

Market Overview - Markets opened cautiously on February 20, with benchmark indices trading in a narrow range after a significant sell-off that resulted in a loss of nearly ₹6.79 lakh crore in market capitalization [1] - The Sensex opened at 82,272.49 and was trading at 82,591.30, up ₹93.16 or 0.11% [2] - The Nifty 50 opened around 25,400 and was trading at 25,503.60, up 49.25 points or 0.19% [2] Sector Performance - The sell-off on Thursday was broad-based, with reality and media indices losing nearly 2% each, marking the steepest sectoral declines [2] - Banking, auto, FMCG, metals, and aviation stocks were also significantly impacted [3] - Information technology stocks continued to drag the market, with Tech Mahindra falling 1.39% and Infosys dropping 1.34% [11] Investor Activity - Both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) turned net sellers, offloading ₹459.90 crore and ₹1,082.15 crore, respectively, in the cash market [3] - Analysts suggest that investors optimistic about a potential deal can use the current market weakness to buy fairly valued high-quality stocks in various sectors [12] Geopolitical Influences - The primary trigger for the risk-off mood was escalating US–Iran geopolitical tensions, with President Trump warning of potential consequences if a deal is not reached [4] - Crude oil prices surged above $66 per barrel, climbing more than 7% over two days due to concerns over potential disruptions in the Strait of Hormuz [4] Global Market Impact - Wall Street closed lower, with the Dow Jones falling 267 points, the Nasdaq down 70 points, and the S&P 500 dipping 19 points [5] - The US Dollar Index rose to near 97.80, impacting emerging market assets, while gold remained above $5,000 per troy ounce due to safe-haven demand [9] Technical Analysis - The Nifty has slipped below its 20-, 50-, and 100-day exponential moving averages, indicating a bearish trend [12] - Immediate support for the Nifty lies at 25,400–25,300, with resistance at 25,600 [12] - The Bank Nifty is hovering above the crucial support zone of 60,500–60,300, with a breach below this level potentially dragging the index toward 60,000–59,800 [12]

LOS ANGELES, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming April 13, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD) securities between August 7, 2024 and February 9, 2026, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR KYNDRYL INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAI ...

Core Viewpoint - Rackspace Technology (RXT) shares experienced a significant surge, more than tripling in value following a strategic partnership announcement with Palantir Technologies (PLTR), although the stock remains over 50% down from its 52-week high [1]. Group 1: Strategic Partnership - The partnership with Palantir positions Rackspace as a key provider of implementation and managed services for enterprises looking to utilize Palantir's Foundry and Artificial Intelligence Platform (AIP) [4]. - This collaboration addresses a market gap where organizations face challenges in extracting value from AI platforms due to a lack of in-house expertise [5]. Group 2: Stock Performance and Technical Indicators - Despite the recent surge, RXT's relative strength index indicates overbought conditions, suggesting a potential short-term correction [1]. - RXT is currently above its key moving averages, indicating sustained upward momentum as bullish sentiment prevails [6]. Group 3: Options and Valuation - Options data suggests potential upside for RXT, with contracts expiring mid-May indicating a target price of $2.27, representing a possible 60% increase [7]. - RXT is valued at just 0.12 times sales, making it an attractive investment opportunity, especially with its focus on enabling high-value AI workloads [7]. Group 4: Market Outlook - Some Wall Street analysts believe that Rackspace Technology has the potential for further gains through the remainder of 2026 [8].

EPAM Systems (NYSE:EPAM) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Company ParticipantsBalazs Fejes - CEO and PresidentBrian Bergin - Managing DirectorBryan Keane - Head of North America Payments Processors and IT Services ResearchDavid Grossman - Managing DirectorJason Peterson - CFOJonathan Lee - Managing DirectorMike Rowshandel - Head of Investor RelationsConference Call ParticipantsJamie Friedman - Senior FinTech and IT Services Research AnalystJason Kupferberg - Senior Equity Research Analyst ...

EPAM Systems (NYSE:EPAM) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Company ParticipantsBalazs Fejes - CEO and PresidentBrian Bergin - Managing DirectorBryan Keane - Head of North America Payments Processors and IT Services ResearchDavid Grossman - Managing DirectorJason Peterson - CFOJonathan Lee - Managing DirectorMike Rowshandel - Head of Investor RelationsConference Call ParticipantsJamie Friedman - Senior FinTech and IT Services Research AnalystJason Kupferberg - Senior Equity Research Analyst ...