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Indian IT stocks face pressure due to AI fears. Companies like Wipro and TCS have seen significant drops. Investors are now looking at domestic sectors. Financials, capital goods, consumption, and autos show strong potential. Banking sector credit growth is robust. Government spending supports infrastructure. Rural demand is recovering. These sectors offer better earnings visibility amid global uncertainties.
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Ventura Securities’ Vinit Bolinjkar anticipates the Nifty reaching 27,000, citing positive trade deals and strong quarterly earnings. He highlights robust momentum in the metals sector, particularly Hindustan Zinc and Tata Steel, and remains bullish on Paytm with a target of ₹1,800-₹2,000. While cautious on pharma stocks facing regulatory scrutiny, Bolinjkar’s outlook remains one of selective optimism.
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Netweb Technologies shares rose sharply on Thursday, extending their rally to Day 3 after unveiling its ‘Make in India’ Tyrone Camarero GB200 AI Supercomputer and the compact Tyrone Camarero Spark. Built with NVIDIA Blackwell GPUs and Grace CPUs, these systems target advanced AI workloads, on-premises model training, and high-performance computing in India.
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Ace investor Mukul Agrawal’s 2025-26 IPO investments reveal a bold strategy. Several small and medium enterprise listings delivered massive returns, turning into multibaggers. However, some mainboard and SME stocks experienced significant drops. This portfolio highlights the potential for substantial gains and losses in the IPO market.
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Banks are witnessing a surge in customer interest for green products and lending, particularly driven by younger demographics’ environmental consciousness. IDFC First Bank reports significant adoption of green deposits and profitable electric vehicle financing, indicating a growing movement towards sustainable finance.
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