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AI spooks IT valuations; Groww promoters cut stake
AI has pushed valuations of Indias top IT firms to 2008-09 levels. This and more in todays ETtech Top 5.
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cryptobriefing.com
India's stock market risks dropping out of top five as AI rallies boost Taiwan and Korea
India's $4.3T stock market risks falling out of the global top five as AI-driven rallies in Taiwan and South Korea attract foreign capital to chipmakers.
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economictimes.indiatimes.com
India missed out on AI, and now its run as market darling may be over
India's stock market faces a significant downturn as global investment shifts towards AI. Foreign investors are leaving, impacting market value. The country's IT sector, a major…
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AI Shock: IT valuations fall near levels seen during subprime crisis
Indian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, driven by AI advancements impacting…
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AI spooks IT valuations; Groww promoters cut stake
AI has pushed valuations of Indias top IT firms to 2008-09 levels. This and more in todays ETtech Top 5.
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IT stocks gain for 3rd day on rupee fall, tempered AI view
Indian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software exporters. Despite ongoing AI disruption…