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Trading began on Wall Street with a dip in the main indexes on Thursday. Fresh economic data and a Federal Reserve official’s comments influenced the market. The Dow Jones Industrial Average saw a slight decrease. The S&P 500 and Nasdaq Composite experienced more significant drops. Investors are reacting to the latest economic signals. Market watchers are keenly observing the situation.
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Domestic Institutional Investors (DIIs) trimmed stakes in several Nifty500 companies during Q1FY26. Key names with reduced holdings include Cohance Lifesciences, JK Tyre, KNR Constructions, IndusInd Bank, Coromandel International, and Aditya Birla Fashion, signaling changing investment sentiment.
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IT stocks continued to slide for the fourth day in a row on Thursday as the staggering hike in US H-1B visa fees continues to hurt investor sentiment.
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Akcenture announced its fourth-quarter revenue. The revenue surpassed Wall Street estimates. This was driven by strong demand for AI consulting. Enterprise clients are scaling up AI projects. They are digitizing operations and focusing on data security. The company’s new bookings reached 21.3 billion dollars. The fourth-quarter revenue was 17.6 billion dollars. This exceeded the estimated 17.36 billion dollars.
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NSE’s investor base crossed 12 crore, with women representing one-fourth and nearly 40% under 30. Growth driven by streamlined KYC, financial literacy, and market buoyancy. SIP inflows, indirect participation, and investor education programs surged, while NSE-listed firms’ market cap reached Rs 460 lakh crore.
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