Indian stock markets ended a three-day losing streak with a gain of 0.8 percent on Monday. This rise followed positive movements in Asian markets. Investors showed buying interest in heavyweights like Reliance Industries and Sun Pharmaceuticals. All sectoral indices closed higher. The India VIX volatility index saw a decrease. Foreign portfolio investors sold shares, while domestic institutional investors bought shares.
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