Bernstein highlighted important sectors on which they shed light on, adding that the traditional services engine of IT and BPOs, which supported 10-15 million people, supported consumption, and boosted growth, is now being challenged by GenAI.
At the end of the fourth quarter, the Rolex Rings’ promoters held 52.2% stake in it. Among public shareholders, mutual funds held 28.7% stake, while more than 71,000 retail investors, or those with authorized share capital of up to ₹2…
Gold and silver fell on COMEX as West Asia tensions and higher Brent crude lifted inflation and rate expectations, a stronger dollar and weak Asian equities added pressure.
The French airport operator has agreed to sell up to a 7.3% stake in GMR Airports for an estimated €924 million ($1.08 billion).
Before Thursday’s session, JPMorgan cut the stock to “underweight”, stating that it had risen “far above the level we feel can be justified by even the most optimistic view of underlying earnings fundamentals.”
Sensex Today | Stock Market LIVE Updates: The bulls would hope that this is already priced in, considering the stock in India is down 5.5% over the last two sessions. The big earnings for the day is Reliance Industries, which…
Majority of the 50 analysts that have coverage on Infosys, continue to have a “buy” recommendation on it after its fourth quarter performance. Shares of Infosys are down 25% so far in 2026.
Stocks in Asia declined during the open, resulting in the MSCI Asia Pacific Index slipping 0.1%.
JPMorgan has cited elevated valuations relative to emerging market peers, earnings risks, dilution concerns, and limited exposure to next-gen tech as the key factors behind the downgrade.
The deal, valued at €158 million, includes 13 established branded generic products with a presence across more than 55 countries spanning Europe, the Middle East and Africa.