IT sector stabilising; Motilal Oswal sees 16–33% upside in HCL Tech, Coforge

India’s IT services sector showed stabilisation in Q2, with improved execution, resilient margins, and supportive currency effects. AI adoption is shifting from trials to implementation, opening medium-term opportunities. Stocks like HCL Technologies and Coforge offer healthy growth visibility and valuation comfort.

How GST reform is powering affordable insurance and accessible healthcare for all

Abolishing GST on health and life insurance has immediately reduced premiums by 18%, making financial protection more accessible for millions, especially the ‘missing middle’. This reform, coupled with reduced GST on medical devices and medicines, aims to lower treatment costs and make quality healthcare truly inclusive and affordable for all Indians.

Safe-haven yen and dollar shine amid selloff in stocks; NZ dollar slides

Global markets are experiencing a risk-off sentiment. The Japanese yen and U.S. dollar are in demand. Asian stock markets saw significant drops. The Australian and New Zealand dollars weakened considerably. Sterling also declined. Investors are closely watching U.S. economic data and Federal Reserve policy.

Oil prices fall amid broader market selloff, gains in US crude stockpiles

Oil prices dropped on Wednesday. Global markets saw a broad selloff. Concerns about economic and fuel demand growth grew. A stronger U.S. dollar also impacted prices. U.S. crude stockpiles reportedly increased. These factors contributed to the decline in oil prices. OPEC+ agreed to a modest output increase for December.