Technology has changed how we live, work and interact with each other, which has even trickled down to the manner in which condominium associations operate.
Indian equities ended the week on a strong note, with the Nifty 50 closing at 25,285, forming a long bullish candle that signaled strengthening momentum.
Bank Nifty and Nifty IT outperformed Nifty last week, with Bank Nifty showing a trend reversal and potential for new all-time highs, while Nifty IT staged a modest comeback. Tata Communications structural breakout suggests a medium-term rally toward Rs 2,300. BSE shares continue momentum, and top stock picks include Nykaa, Indigo, and FedBank, all showing strong technical setups for short- to medium-term gains.
Bitcoin extended its sharp sell-off, tumbling 8.4% to $104,782 after U.S. President Donald Trump imposed 100% tariffs on Chinese tech exports and tightened software controls. The announcement triggered a $19 billion wipeout across the cryptocurrency market, liquidating over 1.6 million traders. Ethereum, XRP, and Binance Coin also plunged, while experts see short-term pressure but a bullish long-term outlook.
Indian equities extended gains for the second week, supported by easing FII selling pressure and renewed domestic momentum. Net FII buying of Rs 3,289 crore provided stability amid global uncertainties. Key time clusters and Nifty support/resistance levels suggest potential intraday reversals, with positive technical structure indicating dips may attract buying interest.
RBIs draft ECL framework and revised credit risk capital norms aim to modernise Indias banking sector, promoting forward-looking risk management and capital efficiency. Scheduled banks will adopt model-based provisioning by FY2032, enhancing transparency and resilience. Strong private and public lenders are poised to benefit, with HDFC Bank and SBI as top picks.
The Tata Group faces a challenging year as boardroom tensions at Tata Trusts coincide with sharp declines in flagship stocks. Governance disputes, disagreements over Vijay Singhs reappointment, and Shapoorji Pallonji Groups stake in Tata Sons add to uncertainty. Coupled with operational setbacks at TCS, Air India, and Jaguar Land Rover, even Indias corporate gold standard is under pressure.
HCL Technologies, Indias third-largest IT services firm, is set to report Q2 earnings with net profit estimated between Rs 4,1364,491 crore and revenue of Rs 31,25231,603 crore. Analysts will watch FY26 guidance, margin trends, large deal wins, and sectoral performance, amid ongoing restructuring and sequential growth in BFSI, ER&D, and digital verticals.
Broader consumption demand in India is anticipated to fully recover in the next quarter, with some sequential improvement expected in high-frequency economic indicators. Companies may continue inventory adjustments before consumption patterns normalize. The Q2FY26 earnings season is projected to be mixed, with certain sectors showing growth while others face pressure.
