Indian IT stocks are experiencing a significant correction, driven by fears of AI automation impacting outsourcing demand, amplified by Nvidia’s AI chip announcements. Analysts, however, see current valuations as reflecting pessimism, creating selective buying opportunities amidst evolving AI adoption and potential US economic headwinds.Read More

Chinese companies are increasingly using foreign-exchange derivatives to hedge against a strengthening yuan, which threatens export earnings. Net outstanding forward settlement contracts reached a record $107 billion as the yuan appreciated significantly. This surge in hedging reflects a shift in currency dynamics, but increased dollar settlement positions expose companies to potential losses amid global uncertainty.Read More

India’s equity markets face a critical juncture as crude oil prices approach $100 per barrel. Axis Securities advises investors to hold positions and selectively add quality stocks, warning that sustained high crude could lead to earnings cuts from Q1 FY27. The firm highlights the economy’s strong fundamentals but identifies crude oil as the primary near-term...Read More

Indian stock markets saw strong gains for a third day. The Sensex climbed over 500 points, and the Nifty 50 surpassed 23,700. Easing oil prices boosted investor confidence. IT stocks led the rally, with Infosys and TCS showing significant increases. This surge added substantial value to the overall market capitalization.Read More

NSE Holidays 2026: Indian stock markets will operate without holidays this week, including during Ugadi, Gudi Padwa, and Eid-Ul-Fitr. Further closures are planned for Shri Ram Navami and Shri Mahavir Jayanti in March. April will see market holidays for Good Friday and Dr. Baba Saheb Ambedkar Jayanti. Investors should note these trading days. The exchanges...Read More

IT stocks rallied up to 4% on Wednesday after CLSA retained its Outperform rating on key names, easing concerns around AI-led disruption that had sparked a sharp selloff last month. Coforge and Persistent led gains, rising over 4% each, while TCS, LTIMindtree, HCL Tech, Tech Mahindra and Wipro also posted strong advances.Read More

The Rs 400 crore GSP Crop Science IPO enters its final day with 96% subscription, led by strong NII demand while retail interest remains muted. With GMP at zero, listing expectations remain subdued. The company aims to reduce debt and strengthen operations, backed by steady financial growth and a diversified agrochemical portfolio.Read More

The Rs 400 crore GSP Crop Science IPO enters its final day with 96% subscription, led by strong NII demand while retail interest remains muted. With GMP at zero, listing expectations remain subdued. The company aims to reduce debt and strengthen operations, backed by steady financial growth and a diversified agrochemical portfolio.Read More

The US Federal Reserve is poised to hold interest rates steady amid escalating Middle East tensions, which are disrupting oil markets and supply chains. This geopolitical uncertainty complicates the Fed’s balancing act between controlling persistent inflation and supporting a weakening economy. Investors will closely watch updated economic projections for signs of further deterioration.Read More

Amidst geopolitical tensions and market corrections, select Indian stocks have surged significantly. Defence, jewellery, digital infrastructure, and energy sectors have shown robust performance, with companies like Swan Defence, Bluestone Jewellery, Sterlite Technologies, and Adani Power leading the gains. Resilience in banking and consumption stocks also highlights selective investor interest in stable businesses.Read More