India’s IT sector faces uncertainty as global slowdown and AI fears spook investors. Market expert Daljeet Kohli advises caution, citing a lack of growth and difficulty in identifying future winners. Meanwhile, Reliance Jio’s IPO is seen as a strategic move to unlock value and offer a focused bet on India’s telecom growth, separating it from the conglomerate’s other businesses.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 29, 2026, according to StockEdge’s technical scan data.