West Asian geopolitical tensions and volatile oil prices are making investors cautious. Gautam Trivedi of Nepean Capital sees no immediate buying opportunity due to ongoing conflict. The crisis impacts global energy supplies and economies like India. Trivedi focuses on long-term structural demand sectors like data centers, AI, and the power sector, emphasizing company-specific changes over thematic trends.Read More
Nearly $100 billion has been wiped off TCS’ market value from its 2021 peak amid fears of AI-led disruption that have dragged down the broader IT pack. However, brokerage Nuvama believes the selloff is overdone, saying Gen AI poses no existential threat to the sector and could eventually expand the industry’s opportunity, prompting it to upgrade all top 10 IT stocks to ‘Buy’.Read More
Flipkart IPO: Flipkart is moving towards a public listing. Banks will be invited to pitch for work on its potential initial public offering as soon as next month. The e-commerce giant, backed by Walmart, is gauging investor appetite for a listing in Mumbai. An IPO could occur later this year or in early 2027. Proceeds will fund business expansion.Read More
A unit of Adani Group raised about $500 million through a bond privately placed with funds managed by Apollo Global Management Inc., according to people familiar with the matter, highlighting the Indian conglomerate’s ongoing effort to tap funding outside the public dollar bond market.Read More
Market participants are closely watching evolving factors impacting sectors. Leadership shifts at InterGlobe Aviation and supply chain disruptions are key concerns. Electronics manufacturing shows promise with new policies. Energy stocks are seen as trading plays. Steel producers stand out with strong price appreciation. Investors face a dynamic landscape with selective opportunities.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
