BlackRock CEO Larry Fink said gold remains a reliable diversifier but argued that long-term wealth creation lies in Indian equities, which he believes could double or triple over the next two decades. While acknowledging “grandmother’s wisdom” behind gold buying, he noted that investing in equities supports India’s economic growth in a way gold cannot.Read More

India’s top IT companies are not leading the AI revolution. Market expert Sudip Bandyopadhyay warns of restructuring and margin pressure for giants like TCS and Infosys. Newer, specialized IT firms are succeeding by focusing on high-growth areas like travel and electric vehicles. Investors should look to these niche players for future growth opportunities.Read More

Suzlon Energy Q3 Results: Suzlon’s shares fell nearly 5% to hit the day’s low of Rs 47.43 on the NSE following the announcement of the company’s earnings.Read More

Benchmark indices Nifty and Sensex slipped sharply on Thursday, poised to end a three-day winning streak as metals, IT, and global tech sentiment weighed on markets. A broad selloff in metals, profit booking after recent gains, weak cues from US and Asian equities, and caution ahead of the RBI policy dragged sentiment lower.Read More

Wall Street’s software sector is experiencing a significant downturn, dubbed “Software-mageddon,” as investors grapple with the disruptive potential of artificial intelligence. This selloff, marked by substantial market capitalization losses, has led some to consider buying beaten-down stocks, while others await clearer signals of AI integration and its impact on future software sales.Read More

Indian technology stocks experienced a sharp decline following AI breakthroughs. However, an expert highlights that India’s strength lies in AI implementation rather than core innovation. Electronics manufacturing services are identified as a multi-year growth sector. Investors are advised to navigate volatility with a focus on structural themes and disciplined positioning for future gains.Read More

Realty firm Godrej Properties Ltd on Thursday reported a 23 per cent increase in its consolidated net profit to Rs 193.87 crore for the quarter ended December despite lower income.Read More

Japan’s Nikkei index saw red on Thursday as technology stocks faltered, raising flags over the hefty investments tied to Artificial Intelligence. The decline was accentuated by a steep fall in shares of SoftBank Group, following Arm Holdings’ disappointing revenue report. In contrast, the pharmaceuticals sector maintained its resilience, spurred by an optimistic forecast from Astellas...Read More

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On Thursday, Japanese government bonds climbed as investor enthusiasm surged during a pivotal 30-year debt auction, happening right before Sunday’s significant election that will shape future fiscal strategies. Yields on longer maturities fell, while shorter durations saw a rise, indicating shifting market sentiments, especially with Bank of Japan officials hinting at a tougher monetary policy...Read More