Latest Updates Around The World
Foreign institutional investors (FIIs) are fleeing India’s tech sector at an alarming rate, unconvinced that software services giants can survive the AI disruption that threatens to erode their business models. FIIs withdrew Rs 10,956 crore from Indian IT stocks in the first two weeks of February after the launch of new models from Claude and […]
With markets showing mixed signals, experts are advising investors to make big moves until the Union Budget is unveiled. While the recent trade deal between India and the EU has improved sentiment, patience remains key. On whether it’s time to go value hunting, mArket expert, Sunil Subramaniam said, “No, not yet. The EU deal has […]
ET Intelligence Group: The third quarter earnings season for the IT sector has started on a positive note with each of the top two software exporters, including Tata Consulting Services (TCS) and HCL Technologies (HCL Tech), reporting better-than-expected revenue and profit figures for a historically weak quarter due to festive season. While each of them […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]
Gurmeet Chadha, Managing Partner and CIO at Complete Circle Consultants, has advised investors not to be negative about the stock markets as they tend to humble people. As the year draws to a close, his biggest lesson from the past 18 months is that stock markets can remain disconnected from the economy in the short […]
In a market struggling with high valuations and uneven earnings momentum, ICICI Prudential AMC is seeing selective moments of comfort emerging. Senior fund manager Vaibhav Dusad outlines why technology and big private banks offer reasonable entry points, how interest rate cycle dynamics are reshaping the financial sector, and where contrarian opportunities could emerge as sector […]
The technology sector continued to dominate market discussions this week, while investors are bracing a flurry of updates from TOP -T companies. TCS starts the profit calendar, followed by management commentary and subsequent market reactions later in the week. Speaking with et now, Pankaj Pandey, main research, icicidirect.com emphasized that the IT index saw a […]
The Indian market ended higher on Monday, driven by banking and financial heavyweights after lenders had posted a strong quarterly loan growth, while the Sharing site won before the upcoming winning streases. The S&P BSE Sensex rose 582.95 points, or 0.72%, to end at 81,790.12, while the NSE Nifty 50 Advanced 183.40 points, or 0.74%, […]
The combined market rating of the top 10 most appreciated companies eroded by RS 2.99.661,36 Crore last week, in line with a Bearish Trend in shares, where Bellwether Tata Consultancy Services takes the biggest hit. Last week the BSE benchmark refined 2,199.77 points or 2.66 percent. “A sharp walk in H-1B visa costs led to […]
Indian IT investors were lagging behind after US President Donald Trump signed a proclamation that greatly increased the costs for the H-1B visa program, long considered the backbone of India’s software export. Markets will see how far this shock translates into fresh sales in IT counselors who are already under pressure. Trump announced that new […]
