Indian IT stocks are experiencing a significant correction, driven by fears of AI automation impacting outsourcing demand, amplified by Nvidia’s AI chip announcements. Analysts, however, see current valuations as reflecting pessimism, creating selective buying opportunities amidst evolving AI adoption and potential US economic headwinds.
Silver and gold ETFs fall up to 4% ahead of Fed decision. What investors should do
Silver and gold ETFs fell nearly 4% on Wednesday, tracking a mild decline in MCX prices as investors turned cautious ahead of the U.S. Federal