Nuvama says fears that Gen-AI will cripple India’s IT services model are overblown, invoking Mark Twain’s line that “reports of my death are greatly exaggerated.” After a sharp AI-driven selloff that pushed valuations to multi-year lows, the brokerage has upgraded all top 10 IT stocks to “BUY,” arguing the sector is poised for a comeback...Read More

Cupid shares experienced a dip on Wednesday after a two-day rally that drove the stock 15% higher after the company’s 4:1 bonus issue. In January this year, Cupid announced its board of directors had approved the issue of bonus shares in the ratio of 4:1. The company had set March 9 as the record date...Read More

US corporate insiders significantly increased stock sales in February while limiting purchases, pushing the seller-to-buyer ratio to its highest level since July 2024. Data from The Washington Service showed rising executive caution amid market volatility, technological disruption concerns and geopolitical risks, signalling a more guarded sentiment across US equity markets.Read More

Indian IT stocks may remain in focus after Oracle reported stronger than expected quarterly results and raised its revenue outlook. Nuvama said the recent 20% correction in Indian IT stocks amid concerns over AI disruption has made valuations attractive, though near term volatility may continue as the industry adapts to Gen AI.Read More

Gold and silver prices saw a slight dip on MCX as traders anticipate key U.S. inflation data. International gold prices edged up, while silver declined slightly amid easing inflation concerns following a drop in oil prices below $90 per barrel.Read More

India is cautiously reopening to Chinese foreign direct investment, particularly in electronic manufacturing services and renewable energy supply chains. Market expert Ajay Bagga emphasizes the necessity of this move for domestic component manufacturing but stresses non-negotiable guardrails, drawing lessons from China’s dominance in Africa and advocating for a Vietnam-style competitive equilibrium.Read More

The rupee fell 4 paise to 91.89 against US dollar in early trade on Wednesday weighed down by FII outflows and the unrelenting conflict in the Middle East.Read More

When people think about investing in the stock market, they often associate it with two distinct horizons: long term wealth creation and short term profits.Read More

A surge in diesel prices is emerging as a new risk for the global economy as Middle East tensions threaten energy supply routes through the Strait of Hormuz. Tight supplies, shipping disruptions and strong demand have lifted refining margins and fuel costs, raising concerns about inflation, logistics expenses and slower economic growth.Read More

Jefferies has raised Coal India target to Rs 485, citing reasonable valuation and improving earnings. The brokerage forecasts 9% CAGR in FY26–28, supported by higher e-auction premiums, rising dispatch volumes, and a rebound in power demand. Coal India remains a cash-rich, high-dividend PSU stock with strong market share.Read More