Brokerages anticipate a limited impact on Indian IT companies’ earnings due to Donald Trump’s $100,000 H-1B levy. They expect increased offshoring and localization to largely compensate for the levy. Nomura, Kotak, and BofA suggest accumulating large-cap stocks like Infosys and TCS during market dips, viewing the disruption as temporary.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate