Sify adds 11 data centres in a year, targets 2026 IPO as AI demand surges

Sify Technologies launched 11 data centres in 12 months and is targeting a 2026 IPO, riding strong demand from AI workloads, cloud growth, and data localisation rules.

Sify Technologies launched 11 data centres in 12 months and is targeting a 2026 IPO, riding strong demand from AI workloads, cloud growth, and data localisation rules.

The Sensex rose 174 points to close at 83,451, while the Nifty gained 43 points to settle at 25,725, ending above the 25,700 mark. L&T, Infosys, ITC, SBI and Adani Ports were the top contributors to the Nifty’s gain

Rupal Bhansali, Founder, CEO & CIO, Double Duty Money Management says Indian equities remain expensive despite corrections, expects dividends to drive returns and advises investors to diversify globally.

GPT Infraprojects Ltd secured a ₹1,201.36 crore contract with Northern Railway and RVNL for a rail-cum-road bridge over River Ganga in Varanasi, to be completed in 1,461 days.

Kalyan Jewellers’ promoter has bought an additional 4.65 lakh shares in the company. Since February 9, the promoter has bought 9.25 lakh shares in the firm.

The acquisition is expected to be completed by March 31, 2026.

Highway Infrastructure shares rose after securing a ₹154.60 crore NHAI contract for Moti Naroli, Ena, and Gandevi Fee Plazas on the Vadodara–Mumbai Expressway. The stock has risen over 5% in the past month, taking the stock price to ₹57.57 per…

Adani Enterprises announced a $100 billion investment for AI infrastructure in India by 2035, deepening partnership with Flipkart, Google, and Microsoft, boosting shares and expanding renewable energy projects.

Neeraj Seth, Founder & CIO of 3R Investment Management says artificial-intelligence (AI) capex concerns are weighing on tech stocks, expects near-term dollar strength and sees long-term opportunity in adaptable Indian IT firms.

Gold and silver futures on MCX fell amid global volatility, US monetary policy shifts, and currency trends. Analysts expect continued sensitivity to data.