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Zensar Tech Shares May Rally Up to 31%, Says Motilal Oswal; Retains Buy on AI-Led Growth Visibility — Check Target Price
Motilal Oswal remains constructive on Zensar, citing improving deal momentum, a differentiated AI strategy, and strong medium-term growth visibility supported by a large deal win.
Lenskart Sees Target Price Hike After Q4 Beat — Check Upside, Key Triggers and More By Motilal Oswal
Lenskart remains a well-positioned consumer-tech play with scalable growth drivers, supported by its integrated business model and expanding global footprint: Motilal Oswal
US stock market today: S&P 500, Nasdaq futures slide up to 0.7% as tech rally loses momentum
US stock futures showed mild losses on May 19 amid Middle East tensions. Nasdaq 100 futures fell 0.7% and S&P 500 futures dropped 0.4%, marking a potential longest losing streak since March. Rising bond yields and oil prices contributed to cooling momentum in tech stocks.
Wall Street Highlights: S&P 500, Nasdaq End Choppy Day Little Changed as Yields Steady; SOX Drops
The S&P 500 Index fell less than 0.1%, while the tech-heavy Nasdaq 100 Index dropped 0.4% and the SOX shed 2.5%.
Dixon Tech shares jump 6% despite weak Q4 results. Do Goldman Sachs, Motilal Oswal forecast further upside?
Dixon Technologies' shares saw a rally despite a 36% drop in March quarter net profit. Revenue from operations increased by 2% year-on-year. Brokerages offer mixed views, with Goldman Sachs maintaining a 'Sell' rating due to weaker mobile segment performance, while Motilal Oswal and JM Financial suggest 'Buy' and 'Add' respectively, citing potential growth drivers like PLI 2.0.
Qualcomm, Nvidia, AMD and Intel plunge up to 15% as hot US inflation data dents AI rally sentiment
The Nasdaq-100 fell 2.3% amid a tech stock sell-off, despite a 16% April surge. Inflation concerns and geopolitical tensions affected investor sentiment, particularly in chip stocks like Qualcomm and Intel. The Fed may consider a rate hike as inflation rises due to the Iran conflict.
US stock market today: S&P 500, Nasdaq futures drop as crude oil stays elevated; inflation accelerates in April
US stock futures indicate a negative start as the Middle East ceasefire remains fragile, keeping crude oil prices high. Nasdaq 100 futures fell 0.8% while S&P 500 futures slipped 0.4%. Investors await US inflation data amid rising tensions and concerns about the tech rally's sustainability.
Municipalities planning large bond issues await clarity on end-use guidelines
Three months after a ₹100 crore incentive for municipal bonds in the FY27 budget, urban bodies await guidelines on fund usage. Several municipalities, including Ahmedabad and Brihanmumbai, are planning bond issuances, but investor concerns arise from unclear fund deployment regulations.
Tata Tech shares soar over 7% after Q4 results, but Motilal Oswal sees 15% downside; here’s why
Tata Technologies shares surged following strong March quarter results. The company reported a net profit of Rs 204 crore, an 8% increase from the previous year. Revenue also saw a significant jump of 22%. This performance has boosted investor confidence. Experts remain watchful of future execution and demand sustainability.
US futures surge on megatech earnings; Japan's Yen gains after intervention
US futures rise as S&P 500 and Nasdaq 100 extend record rally on megacap tech earnings, Apple gains, yen weakens, AI driven US GDP growth stokes inflation and rate hike fears
Tech Mahindra shares fall nearly 2% after Q4. Goldman Sachs, Motilal Oswal, other brokerages weigh in
Tech Mahindra shares slipped after reporting a 16% rise in quarterly profit, with revenue growth supporting sentiment despite cautious outlooks. The stock remained under pressure as brokerages flagged valuation concerns, even as strong deal wins and AI-led momentum provided some support, keeping short-term price action mixed amid uneven market response.
SILA raises $100 million from PE firm Permira to fund expansion plans
The investment signals rising global PE appetite for India’s tech-enabled business services, as SILA scales operations across 125 cities and 450 million sq. ft of managed assets.