Porinju Veliyath of Equity Intelligence India notes the significant growth potential in India’s travel and tourism sector, citing high demand and supply shortages, particularly in five-star hotels. Despite earlier pressures, Ixigo’s stock performance has been resilient, attracting Veliyath’s attention as a potential investment opportunity, though he clarifies he is not currently invested.
Tech equity sales renew AI debt-binge worries
Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital