However, he cautioned that India’s information technology (IT) companies are staring at an earnings cut, likely to begin in fiscal 2027-2028, amid concerns that artificial intelligence (AI) will compress billings and revenue growth. Edited excerpts: The Nifty IT Index is down 21% in the last year and has fallen 17% in the last month. How…
While some analysts expect the downtrend from earlier this month to continue, with the Nifty breaking below its crucial 200-day moving average amid persistent foreign portfolio investor selling and a falling rupee, others believe the benchmark is close to bottoming out and could stage a bounce. A potential rollback of punitive US tariffs on Indian…
Expert view on markets: Rohit Srivastava, founder and market strategist at Indiancharts.com, believes the Indian stock market can potentially rise to 33,000 and the Bank Nifty can hit 72,000 by the end of 2026. He also points out that gold and silver are extremely overbought on their monthly charts, and says he firmly believes that…
