India’s IT sector experienced nearly a 2% decline, influenced by a significant drop in U.S. technology stocks. All major Indian IT companies saw their shares fall, with TCS and Infosys among the hardest hit. Citi Research remains cautious on the sector, citing high valuations and macroeconomic uncertainties.Read More
Axis Securities recommends buying Orient Cement shares with a target price of Rs 389. The stock, currently priced at Rs 346.65, has shown strong bullish trends and is trading above key moving averages. The company’s financials are improving, and an uptrend is expected within 3 to 4 weeks. Promoters hold 37.86% of shares.Read More
The Federal Reserve is expected to hold interest rates steady on Wednesday, assessing the impact of Trump’s trade policies on an economy facing inflationary pressures and growth concerns. New tariffs and retaliatory actions have dented consumer sentiment, increasing uncertainty. Policymakers are likely to adopt a wait-and-see approach before committing to any policy changes.Read More
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