Restaurant Brands International reported fourth-quarter sales above estimates on Thursday, driven by strength in its international Burger King outlets, even as it tackles stiff competition for its value menus and higher commodity costs in the United States.Read More
Market sentiment weakened amid heavy IT selling and strong US jobs data dampening rate-cut hopes. Nifty struggled near 26,000 and may consolidate between 25,500 and 26,000. Analysts advise selective stock picking, with buying interest in select counters despite negative breadth.Read More
Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.Read More
Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.Read More
Nifty posted a second straight loss amid IT-led selling but stayed above its 20-day moving average, keeping recovery hopes alive. Analysts see resistance near 26,000 and support around 25,750–25,500. Shriram Finance and Max Healthcare are recommended as tactical buy opportunities.Read More
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