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Vinay Rajani of HDFC Sec suggests HDFC Gold ETF, Oil India shares to buy in the near-term
The Indian stock market fell significantly on March 2, with the Sensex down 2,743 points and the Nifty 50 plummeting over 500 points due to geopolitical tensions and foreign capital withdrawals, resulting in a loss of ₹8 lakh crore in market capitalization.
Trade Setup for March 2: Nifty braces for Monday chaos after US, Israel attack Iran
Before the markets open here in India, the bigger reaction will be seen on other asset classes beyond equities. Crude oil prices, Gold prices, moves on the US Dollar, the Yen, all of which will be significant and keenly monitored by the street. In fact, Barclays has already written in a note to clients that oil prices could go up to as high as $100 per barrel.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Anthropic hack puts IT stock pack on slide row in February; Nifty IT's 19% fall worst since 2008 crisis
The Nifty IT index plunged 19.5% in February, its steepest monthly drop since 2008, as AI disruption fears and new tools from Anthropic triggered heavy selling. Tech stocks erased Rs 5.7 lakh crore in market value, with Coforge and LTIMindtree among the worst hit.
Bad Memories of Another Day for Lenders as Bihar Moves to Regulate Microloans
Bihar's new microfinance law could stall the sector's rebound. The state assembly passed a bill regulating money lending, a move that may push up loan defaults, echoing issues seen in other states. Lenders are prioritizing borrower engagement to curb repayment delays, and the industry aims to reassure borrowers while safeguarding asset quality.
Frightful February for IT stocks: How Anthropic’s 6 AI tools sparked a multi-billion dollar meltdown in 4 weeks
Indian IT stocks have seen a sharp downturn in February, with the Nifty IT index dropping 21%. This decline was triggered by new AI launches and capabilities from startup Anthropic, raising investor concerns about potential disruptions to the sector. Major IT firms experienced significant single-day losses following these developments.
Nifty PSU Bank index soars 2%, hits new high; PNB, Canara, UBI shares up 3%
Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.
Tata Electronics to make Qualcomm Automotive Modules in Assam under new pact with US chip giant
Under the arrangement, Tata Electronics will become part of Qualcomm Technologies’ global network of module manufacturing partners, a move aimed at catering to rising worldwide demand for modular automotive platforms.
Kotak Nifty Next 50 ETF (KOTX) - Investing.com India
Kotak Nifty Next 50 ETF (KOTX)Investing.com India
Oil Above $100! Iran’s Mojtaba Khamenei Warns on Hormuz | US Markets Slide | Opening Bell
Brent crude climbs above $100 as Iran’s new Supreme Leader Mojtaba Khamenei warns the Strait of Hormuz should remain closed to pressure enemies and calls for US military bases to shut in the Middle East. Global markets react sharply. Asian markets open lower with Nikkei 225 down 2% and Kospi sliding nearly 3%. US markets hit new 2026 lows as the Dow Jones tumbles 740 points while NASDAQ dips. Meanwhile, US Treasury yields rise and gold slips on a stronger dollar. With GIFT Nifty signaling a gap-down start for Indian equities and oil prices surging, what does this mean for inflation and investors? Tune in as Surabhi Upadhyay and market experts decode the big global cues shaping today’s market action.
L&T stock among top Nifty gainers, gains over 9% in 3 days; JPMorgan raises target price on growth outlook
JPMorgan said L&T had delivered strong execution under its Lakshya-26 strategy for the 2021-2026 period. It added that L&T's new Lakshya-31 plan for FY27-FY31 targets 10-12 percent CAGR growth in order inflows, 12-15 percent revenue CAGR and consolidated RoE of 16-17 percent.
IT index plunges over 3.5% after OpenAI announces new AI deployment company; TCS, Persistent top losers
IT shares came under heavy selling pressure, dragging the Nifty IT index down 3.7% to its lowest level since May 2023.