Asian markets capped a stellar February, with the MSCI Asia Pacific Index hitting its strongest February since 1998. South Korea led a powerful AI-driven rally, while global funds boosted emerging-market exposure. Momentum may carry into March, though profit-taking, US inflation data and geopolitical risks could temper sentiment.Read More

The rupee depreciated by 4 paise to 90.95 against the US dollar in early trade on Friday, primarily due to Foreign Institutional Investor (FII) outflows and a decline in domestic equity markets. However, a weaker dollar and falling global crude oil prices provided some support, preventing a steeper fall in the local currency.Read More

Indian markets are seeing sector rotations. Jitendra Gohil of Bajaj Alternate Asset Management says investors should be selective. Strong company finances may lead to lower profits ahead. Foreign investors are focused on AI globally. PSU stocks, especially banks, remain attractive. Power and data centres are also promising. Avoid lower-end consumption and overpriced paint and cement...Read More

The average rate on a 30-year fixed mortgage in the US has fallen below 6% for the first time since September 2022, offering a psychological lift to the housing market. Data from Freddie Mac showed the rate easing to 5.98% this week from 6.01% last week and 6.76% a year ago.Read More

Indian government bonds experienced a dip as traders prepared for substantial auctions totaling 750 billion rupees. This heavy supply is bringing demand-supply dynamics to the forefront. Investors are also awaiting crucial economic growth data for October-December, with predictions pointing to a 7.2% expansion. The benchmark bond yield saw a slight increase.Read More

An industry conference shows optimism for India’s financial sector. Foreign investor participation is strong. Artificial intelligence is a key focus, with India seen as at the cutting edge. While job disruption is a concern, IT companies are expected to adapt. Corporate earnings are in a sweet spot, though nominal growth may moderate future expectations.Read More

Bitcoin and Ethereum prices are showing caution. A large options expiry is expected to bring short-term volatility. Despite strong Bitcoin ETF inflows, profit-taking and macro risks are capping gains. The global crypto market capitalization has eased. Investors are advised to consider staggered accumulation near support zones.Read More

India’s Nifty IT index is experiencing a significant downturn, with investors fearing artificial intelligence could render the current IT model obsolete. While some analysts see an attractive entry point due to market overreaction, others warn of sustained underperformance and structural obsolescence, questioning the sector’s long-term trajectory and current valuations.Read More

Netweb Technologies India rose 3% after announcing a collaboration with Vertiv to jointly develop and validate GPU-based AI infrastructure solutions. The partnership integrates Netweb’s rack-scale GPU platforms with Vertiv’s cooling and power systems, targeting higher rack densities, faster deployment and stable performance for AI training and inference workloads across next-generation data centre environments.Read More

Mayur Patel of 360 ONE Asset Management sees improving structural drivers in financials, telecom, commercial vehicles, and integrated solar manufacturing, which are not fully valued for their medium-long term earnings. He highlights easing liquidity, trade deal benefits, and potential for revived foreign flows, while cautioning on AI disruption in IT services and rich valuations in...Read More