Mphasis Ltd.

Indian IT services face a subdued Q1 FY27 amid global macro uncertainty & cautious discretionary spending. Equirus report highlights AI impact & company forecasts.

NCPEDP: India''s assistive technology market could reach Rs 95,000 crore by 2030. A National Assistive Technology Policy is crucial for inclusion & economic growth.

Mphasis reports a 3.3% increase in net profit to Rs 442.18 crore in Q3 FY26, with revenue up 12.3%. TCV wins hit USD 428 million.

Blackstone sells 9.5% stake in Mphasis for Rs 4,726 cr. HDFC, ICICI Prudential, and Kotak Mahindra MFs acquire 3.71% stake.

Mphasis reports Q2 net profit increase of 10.8% to Rs 469 crore, with revenue rising to Rs 3,902 crore. Strong TCV wins driven by AI focus.

Check opening bullion rates in Chennai for August 10. Find today''s gold prices (22 Kt, 18 Kt) and silver rates. Get the latest market updates.

Indian stock markets, Sensex & Nifty, fell in early trade due to a spike in crude oil prices and geopolitical uncertainties. FII buying and strong Q1 results offer some support.

India''s rupee drops 8 paise to 95.25 against the US dollar due to a stronger greenback and rising crude oil prices. FII inflows and strong forex reserves limit the fall.

Kotak Mahindra Bank introduces a hybrid home loan, allowing customers to lock interest rates for up to 65 months, ensuring EMI certainty and better financial planning.

Dixon Technologies expects its joint venture with Vivo to complete in two months, with revenue reflecting from the Oct-Dec quarter. This JV will boost mobile production capacity.

Aluminium futures prices increased by Rs 2.60 to Rs 353.15/kg on MCX due to fresh speculative positions and strong demand from consuming industries.

Crude oil futures surged 0.69% to Rs 7,475 per barrel on MCX, fueled by strong spot demand. Global WTI and Brent crude prices also climbed.

Copper futures surged on Monday, rising Rs 7.35 to Rs 1,372.85 per kg on the Multi Commodity Exchange due to robust spot demand and increased participant bets.

Zinc futures prices rose marginally by 0.03% to Rs 389.20/kg on MCX due to higher spot market demand. August delivery contracts saw 434 lots turnover.

Cottonseed oil cake futures fell Rs 36 to Rs 3,802/quintal on NCDEX due to weak demand and subdued spot market trends. September delivery traded lower.