Information Technology stocks are losing their grip on the Nifty index. Banks are now more influential, their share in the key index reaching new highs. This shift reflects changing earnings trajectories and investor sentiment. Overseas investors have significantly reduced their exposure to Indian IT. The impact of Artificial Intelligence disruption is a key concern for the sector.
Sebi cancels registration of 12 research analysts over unpaid renewal fees
Sebi has cancelled twelve research analyst registrations for failing to pay renewal fees. These entities and individuals had their certificates cancelled after the fees remained