BNP Paribas analyst Kumar Rakesh cautions that weak FY27 guidance, AI-led disruption, and stalled client spending challenge the IT sector’s “value” narrative. While buybacks and dividends provide support, earnings risks remain elevated, making selective stock picking crucial for investors.
Rising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Despite aggressive spending, monetisation remains uncertain, prompting concerns over profitability. Analysts warn the AI sector may resemble capital-intensive industries, even as competition intensifies and early signs of financial strain emerge.
Nifty 50 traded within a narrow range, closing slightly higher amid rising volatility and weak momentum indicators. Markets remain in consolidation, with key resistance and support levels intact, while sector rotation suggests selective opportunities despite the absence of strong directional trends.
Indian equities surged in April 2026, led by strong gains in mid, small, and microcaps despite persistent macro risks, foreign outflows, and currency weakness. Market performance diverged from fundamentals, which remained stable, suggesting price-driven momentum rather than earnings-led improvement across segments.
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential of up to 35%, supported by improving fundamentals, earnings visibility and valuation comfort, making them attractive picks for investors navigating volatile market conditions.
Tether reduced gold purchases sharply in Q1, slowing from 27 to 6 tons, while maintaining diversified reserves across U.S. Treasuries, Bitcoin, and gold. Its stablecoin USDT remains heavily backed by Treasury assets, with gold playing a smaller but strategic reserve role.
Bitcoin hovered near $78,000 as the global crypto market cap approached $2.6 trillion, supported by strong ETF inflows of $1.9 billion. While institutional demand remains firm, analysts highlight neutral sentiment and caution over volatility, as gains are driven more by futures activity than spot buying across markets.
AlphaGrep is entering India’s mutual fund space to bring institutional grade quantitative investing to retail investors. It plans AI driven, multi asset strategies, focusing on systematic processes over distribution, aiming to reduce bias, improve consistency and build trust in model based investing.
India’s primary market will see Rs 3,491 crore in offerings led by Bagmane Prime Office REIT. The issue dominates investor focus, while two smaller SME IPOs test broader market sentiment amid rising interest in yield based investment options.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.