India’s equity markets face a crucial earnings season with supportive macroeconomics, yet IT sector sentiment is dampened by AI uncertainties and slowing growth. Expert Aditya Kondawar notes IT’s valuation correction, while highlighting potential in automotive software firm KPIT. He remains bullish on consumption themes like autos and FMCG, anticipating a multi-year growth cycle driven by rising demand and EV adoption.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase
July 29, 2026