Indian IT stocks may remain in focus after Oracle reported stronger than expected quarterly results and raised its revenue outlook. Nuvama said the recent 20% correction in Indian IT stocks amid concerns over AI disruption has made valuations attractive, though near term volatility may continue as the industry adapts to Gen AI.Read More
Gold and silver prices saw a slight dip on MCX as traders anticipate key U.S. inflation data. International gold prices edged up, while silver declined slightly amid easing inflation concerns following a drop in oil prices below $90 per barrel.Read More
India is cautiously reopening to Chinese foreign direct investment, particularly in electronic manufacturing services and renewable energy supply chains. Market expert Ajay Bagga emphasizes the necessity of this move for domestic component manufacturing but stresses non-negotiable guardrails, drawing lessons from China’s dominance in Africa and advocating for a Vietnam-style competitive equilibrium.Read More
The rupee fell 4 paise to 91.89 against US dollar in early trade on Wednesday weighed down by FII outflows and the unrelenting conflict in the Middle East.Read More
When people think about investing in the stock market, they often associate it with two distinct horizons: long term wealth creation and short term profits.Read More
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