Sai Aravindh
Sai Aravindh
He described the current market sentiment related to AI stocks as "crazy," amid the hype surrounding tech leaders such as Nvidia's Jensen Huang and OpenAI's Sam Altman
Among individual stocks, Infosys has risen by 4 per cent, while Tata Consultancy Services (TCS) and HCL Technologies have risen by 5.8 per cent and 9.8 per cent, respectively thus far in October
Analysts remain mixed on IT stocks' outlook, with some cautioning that the optimism around the technology pack could be short-lived
Analysts believe the impact of the policy reforms announced in the latter part of Samvat 2081 will be the key domestic cues that may shape the markets in Samvat 2082
Key triggers for the upcoming Samvat include a broad-based consumption from GST 2.0, urban demand recovery, festive tailwinds, and an earnings acceleration
47 highs for gold, 41 for S&P 500, none for Nifty this calendar year
Shares dip after Q2 profit misses estimates; brokerages cite solid AI plans and margin gains but flag weak near-term growth visibility
Silver ETFs Fall Today: Year-to-date (Y-T-D), Multi Commodity Exchange (MCX) spot gold is up 60 per cent, and MCX spot silver has jumped 84 per cent, per Bloomberg
Analysts said TCS delivered a strong performance in Q2 despite prevailing challenges, with the India business continuing to show robust growth
BFSI and Hi-tech segments are expected to perform better for HCL Tech, while manufacturing is likely to remain under pressure
TCS is scheduled to announce its financial results for the September quarter of the financial year 2025-26 (Q2-FY26) on October 9
A declining dollar, fresh geopolitical and tariff uncertainty, and questions of the Fed's independence have led gold and Bitcoin to outperform
In CY25, spot gold prices in dollar terms rallied 47.3 per cent, while spot silver has surged 62 per cent, outperforming major asset classes
The tweak in the financing norms comes as the primary market is booming with new issues and listings despite a weak secondary market
Chhaochharia explained that India remains underweight because of near-term earnings and stronger growth in other EM countries
37% close below issue price in debut trade in 2025 so far, against 9% last year
Nifty and Sensex had closed at record levels on September 26, 2024, while the broader Mid and Small-cap gauges hit a record on September 24 last year
The financial sector pipeline is dominated by Tata Capital's ₹17,000 crore issue, followed by ICICI Prudential Asset Management and Billionbrains Garage Ventures, the parent of Groww
Domestic consumption continues to drive robust growth, with strong performance expected across automotive, staples, and discretionary segments, Khandelwal said
On the bourses, the Nifty IT index is the worst-performing sector so far this year. The index is down 16 per cent in 2025