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India’s benchmark indices ended flat amid selling in financial stocks. Individual stocks were active, with XTglobal, Tejas Networks and Sanofi Consumer rallying, Angel One adjusting for stock split, and Home First declining.
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Euro zone government bond yields steadied ​near multi-month ​lows after Nvidia’s results beat expectations, ​supporting risk appetite, with investors now awaiting inflation data from Germany, France and Spain on Friday.
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Indian benchmark indices Nifty and BSE Sensex ended flat on Thursday, weighed down by selling in financial stocks led by HDFC Bank. Market sentiment stayed weak as technical indicators signalled fading momentum, while global cues remained mixed across major Asian and European indices.
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Indian IT stocks face sharp corrections amid AI disruption fears. Anand Mahindra advises against extreme AI doomsday predictions. He believes AI will pressure IT firms to adapt, focusing on outcomes and value delivery. While some roles may change, new opportunities in AI integration and governance will emerge.
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