Indian IT stocks witnessed a sharp rise on Wednesday as a global anti-AI trade drove investors toward safer technology names. Analysts say fading enthusiasm for AI stocks could boost FPI flows into India, while Infosys also drew attention ahead of its Rs 18,000-crore share buyback opening Thursday.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000