Infosys and HCL Technologies gain in Indian markets while Bharat Electronics lags, following an oil price rise.

The entities involved

• Infosys →

  Indian multinational technology company

  • A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.Mon 15:42
  • On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.Mon 15:42
• HCL Technologies →

  information technology consulting, outsourcing services and software development company

  • Major Indian IT companies, including TCS, Infosys, Wipro, and HCL, are currently locked in a fierce competition for market leadership, with TCS also vying with Reliance Industries.Mon 13:05
  • Major Indian IT companies including TCS, Infosys, Wipro, and HCL experienced significant stock price declines on January 1, 2026, amidst market corrections and expert commentary on TCS.Mon 03:25
• Bharat Electronics →

  business enterprise

  • Bharat Electronics is highlighted as India’s dominant defense-electronics platform, while concurrently, digital banking penetration via YONO and SME segment growth at SBI are noted.Wed 18:00

Related events

• Indian equities, including IT and auto stocks, are supported by Asian markets despite oil price volatility.Aug 28
• Tensions in the Middle East are escalating, driving up oil prices, while the IT sector is outperforming expectations.Jul 14
• Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.Jul 14
• The article introduces the profiles of several major Indian companies (Hindustan Unilever, HCL Technologies, Cyient, Infosys, Dixon Technologies) and notes a market sentiment boost following the US-Iran peace deal.Jun 17
• Both the IT and real estate sectors are currently facing significant market headwinds.Sep 13