JPMorgan anticipates challenges for Indian IT firms over the next two years, citing uncertain demand and a mix of technology and economic headwinds. The brokerage has downgraded several stocks, including HCL Technologies and Wipro, due to current valuations not reflecting these concerns. Analysts foresee reduced revenue growth forecasts for FY27, with a softer start to the year impacting the usual first-half strength.
Explained: Why silver prices have crashed 14% this week to hit a 7-month low
Silver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise.