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General Elections 2024: An upmove seems more likely than a correction ahead of polls, says Shauryam Gupta of Rupeezy

Shauryam Gupta, CEO - Rupeezy, believes that given that the market has factored in the prevailing political climate, an upmove seems more probable than a market correction ahead of elections.

India , Edited-excerpts , Markets , Indian-stock-markets , Stock-market , Equity-markets , Indian-markets , General-elections-2024 , Shauryam-gupta , Market-correction , Midcaps

IT companies: Top IT companies gain market share over global firms

Despite a sluggish year for IT globally, major Indian IT firms outpaced their international competitors in terms of revenue market share. ​​India-based companies added 36 basis points (bps) in revenue market share year-on-year basis though they lost 27 bps on a sequential basis, BNP Paribas said in a report.

India , Pareekh-jain , Kumar-rakesh , Wipro , Indian-school-of-business , Technology-leadership , Tata-consultancy-services , Infosys , Offering-college , Tech-prowess , High-value-skill , Tech-mahindra

manufacturing theme: Not PLI theme, bullish on IT and tech in vehicles, capital market stocks: Santosh Kumar Singh

Santosh Kumar Singh, Fund Manager at Motilal Oswal AMC, expresses concerns about those areas of the market which have shown sharp corrections and high valuations. He is bullish on auto components, technology in vehicles, and capital markets. He sees potential growth in certain sectors while cautioning about mid and small caps.

Lucknow , Uttar-pradesh , India , Santosh-kumar-singh , Offering-college , Indian-school-of-business , Fund-manager , Motilal-oswal , Kumar-singh , Leadership-excellence , Executive-officer , Might-also-like

Info Edge sees green shoots in IT demand

While February's positive trend is promising, sustained demand momentum is necessary to declare a complete recovery.

India , Naukri-jobspeak , Zomato-ltd , Pb-fintech-ltd , Nuvama-research , Info-edge , It-sector , It-sector-demand , Recruitment-business , Naukri-com , Jobspeak-index , Info-edge-shares

market correction: Blow-off rallies in individual segments once complete should lead to a prolonged market correction: Rohit Srivastava

Rohit Srivastava of Strike Money Analytics & Indiacharts highlights the risk posed by the high positioning in the market. He expects a prolonged corrective phase and warns against being bullish on IT stocks, which still face headwinds. The Rs 50,000-crore positioning that we see is a risk to the market itself.

Kozhikode , Kerala , India , Rohit-srivastava , Indian-school-of-business , Offering-college , Nifty-bank , Strike-money-analytics , Leadership-excellence , Product-officer , Might-also-like , Max-financial

IT index outperforms Nifty in 2024 but is all really well with the sector?

In a recent note, brokerage house Ambit Capital noted that the March quarter (Q4) outlook doesn’t suggest immediate recovery for IT. It prefers Tier-1 IT over Tier-2 IT.

Wipro-mphasis-coforge , Infosys , Wipro , Ambit-capital , Persistent-systems , Tech-mahindra , It-sector , It-stocks , Technology-firms , Technology-companies , Tech-sector , Tech-space

Post strong Nvidia results and a tech rally, UBS believes tech rally has room to run

Despite a 24 percent advance in the tech-heavy Nasdaq since late October last year, UBS continues to see a potential for further gains in technology stocks, especially those that would benefit from the AI revolution.

Jensen-huang , Microsoft , Nvidia , Nasdaq , It-sector , It-stocks , Nvidia-market-capitalisation , Nvidia-results , Nvidia-december-quarter-results , Nvidia-market-cap , Nvidia-mcap , Us-it-stocks

A global technology fund could be an ideal vehicle for investors, says Trideep Bhattacharya of Edelweiss AMC

New investors should focus on their risk tolerance, investment goals, and time horizon when choosing between large-cap, mid-cap, or hybrid funds.

China , India , Blockchain-technology , Digital-currency , It-sector , Investing , Investments , Personal-finance , Interview , Expert-speak , Mutual-funds

Parochialism stifles economic growth

Karnataka, of all states, must acknowledge the benefits it has reaped from constitutionally-guaranteed freedom of movement and emphasis on meritocracy. The state boasts a thriving IT sector and significant PSUs, especially in defence, and serves as a hub for higher education. These successes have been possible because Karnataka has attracted the best talent from across India and the world, thanks to its cosmopolitan and open approach critical for innovation and growth.

Tamil-nadu , India , Haryana , Karnataka , Kannadiga-first- , Karnataka-government , India-economy , Siddaramaiah-government , It-sector , Kannadigas ,

Axis picks Coforge, Persistent Systems, and KPIT Tech in IT space post Q3

Axis believes that the said recovery will begin at the start of the new year and FY25 will show strong revenue growth. The brokerage has picked Coforge, Persistent Systems, and KPIT Technologies as its top IT sector picks post the December quarter (Q3FY24) results.

United-states , America , Federal-reserve , Media-technology , North-america , Iot-machine , Persistent-systems , Healthcare-payers , Coforge , Kpit-technologies , Axis-securities