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AI disruption may create new sector winners: Trust MF's Mihir Vora
Trust Mutual Fund CIO Mihir Vora expects IT services firms to adapt their business models over time, while data centre and power infrastructure companies may benefit from rising AI demand. Vora remains constructive on markets, favouring financials, infrastructure, and selective growth sectors.
Nifty IT falls; Infosys, HCLTech, TCS among top losers as Q1 results loom, US Fed minutes revive rate worries
Nifty IT fell on Thursday, bucking a broader market rally, as investors awaited TCS' June quarter results and assessed hawkish US Fed minutes that reinforced concerns over a prolonged high-interest rate environment.
Nifty IT falls 2%; Infosys, TCS, HCLTech, Wipro among top losers today as higher US rate fears cloud outlook
The weakness in IT stocks was driven by renewed concerns that US interest rates may remain higher for longer, raising the risk that enterprises could postpone discretionary technology spending.
Bank Nifty rises over 1%, all 14 shares gain as RBI forex swap facility boosts banking stocks
Banking shares led gains on Dalal Street, after the Reserve Bank of India's operational guidelines for its FCNR(B) deposit and external commercial borrowing (ECB) schemes, easing hedging costs and make foreign-currency fund raising more attractive.
IT stocks drag Nifty despite firm broader market; Infosys, TCS, HCL Tech fall as Fed signals rate hike risk
Indian IT stocks fell on Thursday after the US Fed signalled possible rate hikes. Infosys, HCL Tech, TCS, Wipro were among top Nifty 50 losers, while Nifty IT index dropped 1.8 percent, worst sector on NSE.
SBI MF, Nippon India MF buy Rs 272 crore worth Pine Labs shares; ICICI Pru MF acquire 1.5% stake in Indoco Remedies
SBI Mutual Fund through SBI Midcap Fund held 5.24 percent stake in Pine Labs, the point of sale and payment systems provider, as of March 2026.
Live: Brent Hits $95 After US-Iran Escalation | Gold Slides | Nifty Set for Cautious Open| Opening Bell
Wall Street heads into the opening bell under pressure after a sharp selloff on Wednesday, with all three major U.S. indexes falling more than 1%. Technology and semiconductor stocks remained weak, while escalating tensions in the Middle East added another layer of uncertainty for investors. The Dow Jones Industrial Average tumbled 953 points (-1.87%) to 49,918.78, the S&P 500 dropped 119.66 points (-1.62%) to 7,266.99, and the Nasdaq Composite slid 509.32 points (-1.98%) to 25,169.50. Investor sentiment remains cautious as markets assess the implications of fresh U.S. strikes on Iran and Iran's announcement of the closure of the Strait of Hormuz. The developments have pushed oil prices sharply higher, raising concerns that elevated energy costs could fuel inflation and keep interest rates higher for longer. The U.S. dollar traded cautiously as investors balanced geopolitical risks against the Federal Reserve's rate outlook. Meanwhile, gold extended its decline, hitting a more than six-month low as rising oil prices and inflation fears dampened expectations for near-term monetary easing. Markets are expected to remain highly sensitive to geopolitical headlines, energy price movements, and interest-rate expectations as trading gets underway.