IT stocks face structural headwinds, with valuations and AI disruption posing risks, according to Gautam Shah. He advises against catching falling knives in IT, predicting Nifty IT’s potential fall to 26,000. Instead, he favors PSU banks, metals, and energy sectors, anticipating significant upside due to value rotation and geopolitical factors.Read More

Shree Ram Twistex’s IPO has seen overwhelming investor interest, being oversubscribed 12 times. Non-Institutional Investors and retail participants showed significant demand. The company plans to use the funds for renewable energy projects and debt repayment. Share allotment is expected soon, with a tentative listing on March 2.Read More

Foreign institutional investors are cautiously optimistic about India, with recent inflows following budget announcements and a trade deal. While sentiment has improved, many funds remain underweight, adopting a wait-and-watch approach. Sectors like banking and capex-driven industries are attracting interest, contingent on strong earnings visibility.Read More

Domestic brokerage Prabhudas Lilladher expects the Nifty 50 to hit nearly 28,000 in 12 months, saying India’s consolidation phase is paving the way for the next rally. It cites strong policy momentum, major trade deals, resilient corporate earnings and a multi-year compounding cycle supporting medium-term market growth.Read More

Australian shares reached a record high, driven by strong blue-chip earnings from companies like Woolworths and WiseTech. Despite a hotter-than-expected inflation report, the market focused on robust corporate performance, with miners also contributing to the gains. Investors are now anticipating a potential rate hike from the central bank.Read More

Waaree Energies Share: The United States has imposed significant preliminary duties on solar imports from India, Indonesia, and Laos. This action follows a determination that these countries unfairly subsidize their solar manufacturing sectors. Waaree Energies, an Indian company, expects its expanding US manufacturing to mitigate the impact of these tariffs.Read More

Japan’s ​Nikkei share average climbed to another record on Wednesday, ​driven by a surge in tech-related stocks and waning expectations of an imminent policy rate hike after new central bank board member nominations.Read More

Piyush Pandey believes AI disruption fears for Indian IT stocks are overblown, with current valuations being “extremely comfortable.” He sees long-term opportunities outweighing short-term volatility, predicting improved performance in FY27 compared to FY26 due to increased productivity and a shift to outcome-based projects.Read More

Bitcoin and Ethereum saw a 3% surge on Wednesday, driven by positive sentiment following President Trump’s State of the Union address. This rebound followed a choppy week, with major altcoins also experiencing gains. The crypto market capitalization rose to $2.25 trillion, reflecting improved macro sentiment and policy continuity.Read More

Amid the rapid rise of artificial intelligence, AI firm Anthropic — valued at about $380 billion — has overtaken the combined market capitalisation of India’s top IT companies, including TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra, which together are worth around $240 billion.Read More