The heavyweight IT stocks led losses on benchmark indices Sensex and Nifty, closing as the top losing sectoral index on the markets.

Under the current plan, the selected firm will partner with the Aeronautical Development Agency (ADA) to manufacture five AMCA prototypes.

US tariffs of 18% give India a competitive edge over other Asian exporters, where tariff rates range between 19-30 percent.

The Scorpio Pik Up vehicles are manufactured at Mahindra's Nashik plant.

Lower tariffs give Indian exporters a decisive edge over Pakistan, Bangladesh and Sri Lanka

The company reported an one-time exceptional expense of Rs 78 crore due to the new labour codes which took effect last year.

For 2026, Cognizant guided for constant currency revenue growth of 4-6.5%.

Sensex tracks 30 large, well-established companies listed on BSE and was introduced in 1979. Nifty 50 tracks 50 major companies listed on the NSE and was launched in 1995.

Alphabet's aggressive AI spending comes on the back of strong revenue growth momentum. It crossed the $400 billion annual revenue mark for the first time.

Google now has 325 million paid subscriptions across consumer services, led by strong adoption for Google One and YouTube Premium, said Sundar Pichai.

Sensex, Nifty declined amid profit booking after a three-day rally due to weak trend in global stock markets.

This came after gold and silver prices were rebounding for the last two sessions following a sharp slump earlier.

Alphabet executives struck a more confident tone on the company's post-earnings call on Wednesday, the first since it released the Gemini 3 model

Competition Commission of India orders probe into airline after mass cancellations in December

IT stocks: Jefferies sees 'more pain ahead' for IT sector Anthropic’s Cowork plug-ins highlight how AI could erode application services revenue, which accounts for 40–70% of IT firms’ topline