At close, Sensex was up a little over 50 points at 82,276. This marks a fall of around 682 points from its intraday high of 82,958, which it had hit in the morning amid strong buying in IT stocks. Nifty 50 ended the session around 58 points higher at 25,482, after falling over 170 points...Read More

CLSA has maintained an Outperform rating on Tata Consultancy Services with a target price of Rs 3,593, implying 39% upside. The brokerage sees scope for a Rs 35 Q4 dividend and a potential buyback. However, AI disruption concerns and macroeconomic risks continue to weigh on IT sector valuations.Read More

European ​shares rose to a record high on Wednesday, underpinned by a rebound in financials after British bank HSBC raised a key lending target, ‌while concerns that ⁠newer ⁠AI models might imminently disrupt traditional businesses appeared to ease.Read More

Foreign institutional investors increased stakes in 11 high-growth companies from the BSE1000 universe, each delivering strong earnings growth and stock returns of up to 268% over the past year. These multibaggers, backed by solid fundamentals and institutional confidence, continue to remain key stocks for investors tracking momentum and growth opportunities.Read More

International brokerage CLSA has said that it continues to favour large caps, but sees more EPS downgrades for small cap stocks.Read More

Domestic brokerage Prabhudas Lilladher expects the Nifty 50 to hit nearly 28,000 in 12 months, saying India’s consolidation phase is paving the way for the next rally. It cites strong policy momentum, major trade deals, resilient corporate earnings and a multi-year compounding cycle supporting medium-term market growth.Read More

Foreign institutional investors are cautiously optimistic about India, with recent inflows following budget announcements and a trade deal. While sentiment has improved, many funds remain underweight, adopting a wait-and-watch approach. Sectors like banking and capex-driven industries are attracting interest, contingent on strong earnings visibility.Read More

Shree Ram Twistex’s IPO has seen overwhelming investor interest, being oversubscribed 12 times. Non-Institutional Investors and retail participants showed significant demand. The company plans to use the funds for renewable energy projects and debt repayment. Share allotment is expected soon, with a tentative listing on March 2.Read More

IT stocks face structural headwinds, with valuations and AI disruption posing risks, according to Gautam Shah. He advises against catching falling knives in IT, predicting Nifty IT’s potential fall to 26,000. Instead, he favors PSU banks, metals, and energy sectors, anticipating significant upside due to value rotation and geopolitical factors.Read More

Australian shares reached a record high, driven by strong blue-chip earnings from companies like Woolworths and WiseTech. Despite a hotter-than-expected inflation report, the market focused on robust corporate performance, with miners also contributing to the gains. Investors are now anticipating a potential rate hike from the central bank.Read More