The Dow Jones Industrial Average fell 42.45 points, or 0.11%, at the open to 38,006.68. The S&P 500 opened lower by 5.25 points, or 0.11%, at 4,888.91, while the Nasdaq Composite dropped 35.64 points, or 0.23%, to 15,474.85 at the opening bell.
Several Nifty Smallcap stocks have delivered stellar returns in CY26, with 28 stocks gaining over 50% so far and five turning multibaggers. A screen of
CLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are gaining productivity, while system
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