GAGA Share Market News

[hfe_template id='11223'] [ad_1] As global markets remain uncertain, investors increasingly look for clarity on where to deploy capital in the near term. With concerns around the geopolitical developments, sectoral rotation within equity markets has become more prominent. In this context, the short-term outlook for Indian equities continues to be a subject of active discussion among market participants. Amid this backdrop, Rana Gupta of Manulife Investment, offered detailed insights into preferred investment themes in the Indian market in a recent interaction with ETNow. Gupta dissected the current market scenario across short, medium, and long-term horizons, offering a roadmap for navigating through periods of turbulence. Gupta pointed to sectors that could benefit from domestic tailwinds. He stated, “The consumer sector could see some revival because of tax cuts and rate cuts. At the same time, the input costs can go down because of the crude oil price falling, so that...

[hfe_template id='11223'] [ad_1] Accenture’s latest earnings punched a 7% hole in its immediate market value and simultaneously sapped the enthusiasm of investors in Indian IT – the nearly $260-billion globalized industry that has the second-highest Nifty weighting after banking and financials. At first glance, several of the concerns highlighted by the Accenture management seem to equally apply to Tata Consultancy Services (TCS), Infosys, or HCLTechnologies – local bellwethers that are also the traditional favourites of overseas investors shopping for risk assets in Mumbai. More importantly, uncertainty over a durable – and sanguine - resumption of discretionary expenditure in the US and Europe’s richer neighbourhoods continues to cast an unwelcome shadow over the prospects of the listed Indian technology pureplay, with several brokerages holding out lessons in caution from Accenture’s earnings. While the parallels with Accenture should not be ignored, it is instructive...