🔹 1. Wipro (WIPR.NS)
- Up ~3–4% intraday, making it the top gainer on Nifty 50 and Nifty IT indices .
- Second-quarter earnings beat expectations:
- Revenue up ~0.8% QoQ.
- Net profit rose
11% YoY (₹3,330–3,336 cr in Q1 FY26)
- Big boost from large deal wins totaling around $5 billion, the highest in over 13 quarters .
- Several brokerages upgraded the stock and raised target prices
- Overall sentiment: strong earnings, deal momentum, positive guidance → investor confidence is firm.
🔹 2. Bajaj Finance (BAJFINANCE.NS)
- Also among the top Nifty 50 gainers, rising ~0.9–1% intraday .
- Supported by financial sector trends and company‑specific actions; though less media coverage today, it’s notable among sector leaders.
🔹 Other notable performers
- Tata Steel, M&M, ONGC, IndusInd Bank, JSW Steel also featured among top gainers .
- Axis Bank led declines following disappointing earnings, dragging financials and broader indices .
🧭 Market context
- Despite Wipro and a few others gaining, the overall Nifty 50 fell ~0.4%, trading around 25,014.
- The negative momentum was driven by weak financial results from Axis Bank and broader banking/financial services weakness .
✅ Summary
- Wipro is leading the charge today thanks to strong Q1 earnings, solid net profit growth, and record-high deal wins, drawing upgrades from brokerages.
- Bajaj Finance, while quieter, remains firmly among the day’s top performers.
- Financials overall are under pressure due to Axis Bank’s results, keeping the broader indices in check.
