Indian IT stocks like Infosys and Wipro saw significant drops following a sharp decline in their US ADRs. Investor concerns are mounting over AI’s potential to disrupt legal services and other sectors, leading to fears of increased competition and margin pressure for IT firms.Read More
India’s banking and auto sectors are exceeding expectations, with loan growth reviving and vehicle sales accelerating. Consumer durables show promising signs of a turnaround, poised to benefit from real estate deliveries. Urban consumption is also picking up, particularly in discretionary items. UTI Mutual Fund is targeting underpenetrated sectors for investment.Read More
The benchmark Nikkei 225 Index was up 0.4% at 57,874.61 after rising as high as 58,015.08 earlier in the day, as trading resumed after a holiday. So far in 2026, the Nikkei has surged 15%. The broader Topix climbed 0.8% to 3,884.16 on Thursday.Read More
Gold and silver futures opened lower on Thursday as a stronger US dollar, fueled by robust jobs data, dampened interest rate cut expectations. Investors now await US inflation figures for Federal Reserve policy clues. Experts advise buying gold and silver on dips, citing near-term volatility due to dollar fluctuations and geopolitical tensions.Read More
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