Wipro’s mega deal win ushers confidence, but it has a long way to go | Stock Market News

Wipro’s mega deal win ushers confidence, but it has a long way to go | Stock Market News

Source: Live Mint Top-tier IT services provider Wipro Ltd bagged a mega deal worth 500 million pounds from Phoenix Group—the UK’s largest long-term savings and retirement business. The 10-year strategic project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group’s operational transformation. In the IT industry, mega…

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FPIs dump IT, FMCG, Auto stocks the most in March; Metals, Media sectors see buying | Stock Market News

FPIs dump IT, FMCG, Auto stocks the most in March; Metals, Media sectors see buying | Stock Market News

Source: Live Mint Foreign Portfolio Investors (FPIs) continued their selling streak in the Indian equity markets for the third consecutive month in March 2025. Following net outflows of ₹78,027 crore in January and ₹34,574 crore in February, FPIs offloaded Indian equities worth ₹30,015 crore in the first half of March, according to data from the…

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Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’ | Mint

Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’ | Mint

Source: Live Mint The real estate market in India’s IT hub Bengaluru has slowed down, a Reddit user claims, citing reasons such as layoffs, less hiring, boost of AI and ‘silent recession.’ The user highlighted that the Bengaluru real estate market majorly depends on the IT industry. Even though people from other professions are buying…

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Indian stock market may return 12-15% in 12 months; Industrial, IT, Export sectors in focus | Stock Market News

Indian stock market may return 12-15% in 12 months; Industrial, IT, Export sectors in focus | Stock Market News

Source: Live Mint India is structurally strong and cyclically slow, which led to a slowdown in corporate earnings from 8% to 10% from 15-20%. High interest rates, India’s general elections, and global political shifts contributed to the slowdown. The equity market trades at 19x, close to the Covid Feb 2020 lows of 18.3x.  Also Read…

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AI Mission should focus on core tech to avoid errors made in chips, smartphones

AI Mission should focus on core tech to avoid errors made in chips, smartphones

Source: Live Mint On Saturday, finance minister Nirmala Sitharaman announced a fiscal outlay of ₹2,000 crore ($230 million) for the Mission. The move succeeded the Ministry of Electronics and Information Technology (Meity) announcing last Thursday that a repository of 18,693 graphic processing units (GPUs), provided by private sector companies, was ready to be used as…

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Donald Trump’s second term: What it means for India’s economy and stock market investors | Stock Market News

Donald Trump’s second term: What it means for India’s economy and stock market investors | Stock Market News

Source: Live Mint As the world prepares for Donald Trump’s second term as US President, there are growing apprehensions that his policies on trade, immigration, and climate change could profoundly impact the global economic landscape. Donald Trump is set to take office on Monday, January 20. The United States, as the world’s largest economy and…

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Expert take | ’Private banks, IT and pharma sectors seem attractive for 2025’ | Stock Market News

Expert take | ’Private banks, IT and pharma sectors seem attractive for 2025’ | Stock Market News

Source: Live Mint The year 2025 will have to face multiple challenges, including elevated valuations, reduced liquidity, and slower earnings growth. However, the stock market remains a viable investment opportunity, underpinned by the robust performance of the economy. Both the world & domestic economies are expected to do well in 2025 with no signs of…

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2025 Outlook: JP Morgan projects small gains for EM equities in 2025, remains overweight on India, cautious on China | Stock Market News

2025 Outlook: JP Morgan projects small gains for EM equities in 2025, remains overweight on India, cautious on China | Stock Market News

Source: Live Mint Market Outlook: The emerging markets (EM) posted decent returns for 2024, with most regional stock markets up for the year. The MSCI’s gauge for the emerging market stocks is set to end the year 5% higher, suggested a Reuters report, with Singapore set for a 17% annual rise, its best since 2017…

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Outlook 2025: Kotak Securities is bullish on banking, pharma & 2 other sectors in the year ahead | Stock Market News

Outlook 2025: Kotak Securities is bullish on banking, pharma & 2 other sectors in the year ahead | Stock Market News

Source: Live Mint Blame it on geopolitical tensions, global economic weakness, or elevated interest rates, among other factors, but the Indian stock market saw significant volatility in the calendar year 2024. Sample this: Between March and June 2024, the equity benchmark Nifty 50 remained rangebound, fluctuating between 22,339 and 22,821 levels, advancing by barely 500…

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