Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Indian IT stocks may not have bottomed out yet despite the sharp correction, as weak demand, artificial intelligence (AI) driven disruption and macroeconomic uncertainty continue to weigh on the sector, according to Abhishek Pathak, VP of Institutional Research Analyst – Tech & IT at Motilal Oswal Financial Services. While valuations have become cheaper over the…
The U.S. dollar may be emerging from nearly a year of stagnation, with analysts increasingly arguing that the world’s reserve currency is poised for a more sustained advance. The U.S. dollar may be emerging from nearly a year of stagnation, with strategists increasingly arguing that the world’s reserve currency is poised for a more sustained…
Shares of Vedanta Iron & Steel Ltd., one of the four demerged entities of the Vedanta Group, are locked in a 10% upper circuit on Thursday, July 2. Ever since its listing in June, the stock has either been locked in a 5% circuit or a 10% upper circuit as it has been for the…
Shares of Capital Small Finance Bank Ltd. jumped close to 4% on Thursday, July 2, after it reported a 22% year-on-year increase in gross advances for the June quarter, while asset quality improved on both a sequential and annual basis. According to its provisional business update, the small finance bank’s gross advances rose 22% to…
The US Federal Reserve has turned more hawkish than investors expected, reflecting the strength of the US economy and its determination to bring inflation back to its 2% target, says Ed Yardeni, President of Yardeni Research. Despite the shift in policy expectations, Yardeni remains bullish on both US equities and gold over the long term….
Shares of information technology (IT) companies rebounded on Thursday, July 2, after witnessing a sharp selloff in the previous session. The recovery was aided by a rally in global enterprise software stocks following comments by Palantir CEO Alex Karp, although brokerages continue to remain cautious on the outlook for large-cap Indian IT companies. In an…
The Nifty IT index is leading the market higher on Thursday, July 2, with stocks like Infosys, HCLTech and Coforge leading with gains between 4% to 5%. However, brokerage firm ICICI Securities, has downgraded seven stocks from within the sector in its latest note. ICICI Securities has downgraded TCS, HCLTech, Wipro, Tech Mahindra, LTM, Hexaware…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
