HEXAWARE

Concurrent Gainers: 15 stocks gain for 5 days in a row

Hexaware Technologies among 6 stocks showing RSI trending up

Ahead of Market: 10 things that will decide D-Street action on Monday

Sensex and Nifty snapped their eight-week losing streak on Friday, surging over 1% as IT stocks rallied and crude prices eased. The rebound added more than Rs 4 lakh crore to BSE-listed companies’ market capitalisation, while positive market breadth favoured bulls.

Hexaware Technologies shares surge 11% on multi-year pact with Anthropic

Hexaware Technologies shares surged after the IT services firm announced a multi-year partnership with Anthropic to integrate its Claude AI models into its platforms. The tie-up will focus on enterprise AI solutions and deployments across IT operations and software engineering.

Gnani AI launches Ascent partner programme to scale sovereign AI across enterprises

Gnani AI has introduced the Ascent programme to assist enterprises in scaling sovereign AI across their operations. This initiative connects a variety of partners including technology firms and systems integrators for effective deployment. Ascent builds upon Gnani AI's sovereign AI stack, which supports multiple industry-specific applications.

Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power

As Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushing for higher efficiency, leading to a notable decline in revenue growth. Large IT companies may witness their weakest growth in three years, primarily due to acquisitions rather than organic expansion. Infosys is under a microscope for possible downward adjustments to its revenue guidance.

Tier-2 IT firms likely to lead Q2FY27 growth despite Gen-AI, geopolitical challenges: Report

The report said the overall demand environment remained largely stable during the quarter, but weakened in September amid rising geopolitical uncertainties.

IT companies forecast to post muted second quarter

Sector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending September 30. Analysts tracked by ET on average forecast TCS to post organic revenue growth of 0.5% sequentially and 2.8% from a year earlier. They expect Infosys to report a 1.1% quarter-on-year and 0.2% year-on-year increase in organic revenue, which excludes income from acquisitions.

AI pressure, client caution cloud Indian IT earnings in September quarter

India's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-induced pricing pressures alongside restrained client spending is squeezing profit margins in the industry. Analysts predict a gradual sequential revenue rise ranging from 0.7% to 3.5% for the major players, while even giants like Infosys may lower their projections.

Damani, Premji, LIC among big winners from NSE listing

The National Stock Exchange made a remarkable debut in the stock market, bringing considerable benefits to its investors. The Life Insurance Corporation of India leads the pack with an impressive valuation of around Rs 48,620 crore. Other major participants include Aranda Investments Mauritius and Stock Holding Corporation, each valued over Rs 20,000 crore.

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian markets reversed morning gains to plunge over 1% on Tuesday as surging oil prices, rising bond yields, global uncertainty and foreign outflows pressured sentiment. Nifty breached 23,231 support, while 2,824 NSE stocks declined, signalling strong bearish market breadth.

Bitcoin trades near $77,000 range as investors await US Fed’s September rate decision

Bitcoin trades near $77,000 as investors await the US Federal Reserve’s September policy decision. Elevated bond yields, macroeconomic uncertainty and ETF outflows are weighing on sentiment, while key support and resistance levels could determine Bitcoin’s next major move.

Hexaware Technologies stock gains 5% on Project NANDA Fellowship collaboration to advance AI agents

Hexaware Technologies shares rose sharply on Tuesday after the company partnered with Project NANDA Fellowship, a global programme focused on developing open-source infrastructure for AI agents. The three-month fellowship will bring together developers, including Hexaware engineers, to work on agent discovery, identity and secure coordination within an open, decentralised Internet of AI Agents.

Motilal Oswal Digital India Fund NAV jumps 10% in five days. What’s driving the rally?

Motilal Oswal Digital India Fund’s NAV rose over 5% in five days, helped by its sizeable ESDS Software holding. The stock’s sharp post-listing rally has boosted the thematic fund, highlighting how concentrated positions can amplify NAV gains and volatility.

Quant Small Cap Fund exits SBI Funds Management, Jubilant FoodWorks and 4 other stocks in August

Quant Small Cap Fund, managed by Quant Mutual Fund, exited six stocks and added four new names in August 2026. The fund increased exposure to 12 stocks while reducing holdings in seven others. Its portfolio stood at 104 stocks, with HFCL commanding the highest allocation at 6.70%. The fund’s AUM rose to Rs 35,557 crore during the month.

ESDS rally sparks 5.19% NAV jump in Motilal Oswal Digital India Fund

A recent IPO listing significantly boosted the Motilal Oswal Digital India Fund's net asset value. ESDS Software's stock more than doubled on its market debut, contributing to the fund's gain. This sharp rise in the fund's NAV is considered rare for diversified equity schemes. The fund manager noted the strong performance of an anchor allocation from the IPO. Future NAV increases are possible as ESDS Software continues its upward trend.

Coforge shares double from March low, outperform Nifty IT peers. Is more steam left in the rally?

Coforge shares have experienced a remarkable resurgence, doubling since March and leaving its IT competitors behind. The company recently announced impressive growth in net profit and revenue during the first quarter. Analysts anticipate that mid-tier IT firms like Coforge will thrive amid evolving industry dynamics. Both Jefferies and Axis Direct express optimism about Coforge's growth trajectory. The stock has consistently yielded positive returns over the last year.

Hexaware names Vivek Jetley as next CEO as Ramakarthikeyan quits

In his resignation letter, Ramakarthikeyan said he was leaving the position to pursue his personal interests. He will become a senior adviser to Hexaware from October 28 to support the leadership transition. Jetley will assume the role of the CEO on the same day, for a four-year term.

Stocks in news: Swiggy, Adani Ports, IDFC First Bank, Hexaware Technologies and Sun Pharma

Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for the Nifty index. Several companies like Swiggy and Adani Ports are in focus today. Hyundai Motor India aims to regain its market position with new launches. ONGC is reviewing its Venezuelan assets after receiving US approval.

India's Hexaware CEO Srikrishna quits, EXL veteran named successor

Hexaware announced Vivek Jetley will become its new CEO on October 28. He joins after a twenty-year career at Nasdaq-listed EXL. Srikrishna Ramakarthikeyan resigned to pursue personal interests after a decade. This leadership change occurs as Indian IT firms face industry disruptions. The company recently lowered its 2026 annual forecast to six percent.

FPIs stay open to IPO bets despite equity exodus

Foreign investors have shown a strong preference for India's primary market, channeling $4.9 billion into initial public offerings, which sharply contrasts with the $28.9 billion outflow from the secondary market. The momentum in primary market inflows picked up after July, highlighted by substantial contributions to major IPOs. Alongside this, domestic fundraising from a plethora of new offerings has also risen.

Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720

Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The brokerage highlighted the company’s AI strategy, including Zero License and token-based pricing models, while expecting delayed deal ramp-ups and AI-led opportunities to support stronger growth in CY27.

Buy, Sell or Hold? Morgan Stanley maintains buy on Vishal Mega Mart; Emkay Global initiates coverage on Urban Company

Brokerages see strong upside potential in Vishal Mega Mart, Urban Company and Hexaware Technologies, citing leadership continuity, service expansion and emerging technology opportunities. Morgan Stanley, Emkay Global and Motilal Oswal forecast potential gains of 41%, 20% and 35%, respectively.