Indian stock markets saw a significant downturn since September 2024. Many top companies experienced sharp declines. Over 700 NSE-listed stocks fell, with a large portion dropping over 20%. Smallcap and Microcap indices also registered substantial losses. This indicates a growing risk aversion in the market’s lower segments.
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