Infosys-Anthropic Collaboration Indicates AI Growth Opportunities, Not Market Disruption: Sumit Pokharna

The recent partnership between Infosys and US-based AI startup Anthropic has created buzz on the streets, but industry experts are urging investors to separate hype from long-term fundamentals.Speaking to ET Now, Sumit Pokharna of Kotak Securities described the partnership as “a step in the right direction” and “the need of the hour.” He explained: “The […]

Ahead of Market: 10 Things That Will Determine Stock Market Action on Friday

India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]

Investors’ wealth to rise by Rs 30.20 lakh cr by 2025 as equity markets post decent gains

Dalal Street investors have become richer by Rs 30.20 lakh crore this year, helped by a rise of over 8 per cent in the BSE benchmark Sensex, despite multiple headwinds in the form of exodus of foreign funds, rate-related uncertainties, high valuations and a weakening rupee.Analysts said despite the headwinds, equity markets showed resilience, helped […]

December 22 index rejig: ITC Hotels, Reliance Power among 32 new additions to BSE 500. Check changes in SME, others

BSE Index Services has announced a major overhaul of the BSE 500 index, which will see the addition of 32 new stocks to replace as many scrips. The changes will come into effect on December 22 and are part of the six-monthly reconstruction based on, among other things, the market capitalization, free float and liquidity […]