Technology spending is now essential, with Indian IT firms poised for continued growth despite cyclic slowdowns. HDFC Technology Fund adopts a bottom-up approach, balancing industry leaders and disruptors. SaaS, AI, and fintech are expanding India’s tech sector. While IT spending slowed post-pandemic, long-term growth remains intact. Quick commerce has potential profitability as competition stabilizes.
Asian stocks cautious as tariff talk sinks copper
Asian shares displayed caution as investors reacted to President Trump’s firm stance on tariffs, ruling out deadline extensions. Copper futures declined following Trump’s tariff threats,