Matt Orton, Chief Market Strategist at Raymond James Investment, believes the market’s recent negative reaction to rapid advances in artificial intelligence is exaggerated. In his view, the sharp pullback has created attractive opportunities in high-quality sectors such as Indian IT…
The project involves construction of the flood protection embankment on river Narmada in Bharuch district on an engineering, procurement and construction (EPC) basis.
PhonePe’s implied valuation stands in the $13-15 billion range, which is about 60-90% higher than Paytm’s current market capitalisation, despite PhonePe being EBITDA-negative, while Paytm has turned EBITDA-positive.
Netweb Technologies launches AI Supercomputing Systems in Faridabad, featuring NVIDIA-powered Tyrone models to boost India’s AI infrastructure.
However, the brokerage cautioned that rising competitive intensity and elevated commodity prices may limit margin expansion.
HSBC said the wait for the paints industry cycle to turn could be a long one with potential structural concerns. Meanwhile, Macquarie said demand uptick is key for the performance of the companies.
Infosys pegged the global AI services opportunity at $300-400 billion by 2030, with new AI services already contributing 5.5% of revenue in Q3FY26.
Nomura has a ‘buy’ rating on Maruti Suzuki with a target price of ₹16,118 apiece, an upside of 6.1% from its previous close of ₹15,192 apiece.
Goldman Sachs highlights Snowflake, MongoDB, Shopify, and CrowdStrike as resilient software picks amid AI disruption fears, with Shopify and MongoDB showing strong analyst support for future gains.
SEBI issues new standardised registration forms for stock brokers and clearing members, effective from January 7, 2026, under updated Stock Brokers Regulations, 2026, to enhance market regulation.