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Technical Newsletter: 16-Jul-2026

Published on 16 Jul 2026

  • Nifty gripped between a tight range
  • Nifty daily range 23900 – 24300
  • BankNifty daily range 57000 – 58300
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Wipro (WPRO IN) – Q1FY27 Result Update – Growth remains elusive, Margins under pressure – Downgrade to ‘REDUCE’

Tech Mahindra (TECHM IN) – Q1FY27 Result Update – Growth Momentum Sustains; FY27 Outlook Remains Strong – BUY

BHEL (BHEL IN) – Q1FY27 Result Update – Strong Q1; further execution ramp-up on cards – REDUCE
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