Sensex and Nifty closed flat on Tuesday. Greaves Cotton surged 18%, reaching a 52-week high, while Mishtann Foods declined 9%. BEL saw a marginal increase. Analysts suggest buying Greaves Cotton on dips, exiting Mishtann Foods, and considering BEL for long-term gains.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also