Markets

JPMorgan has downgraded its view on Indian IT companies, forecasting weaker demand and multiple headwinds over the next two years. The brokerage lowered ratings on several stocks including HCL Technologies and Wipro.

24 Mwezi wa sita, 2026 Imeripotiwa na AI

Indian textile exporter stocks rose sharply on Wednesday after Motilal Oswal Financial Services initiated positive coverage on the sector.

More than a dozen companies are preparing to raise around ₹45,000 crore through initial public offerings in July. The offerings are expected to mark a strong return for India's primary market after a quieter period.

22 Mwezi wa sita, 2026 Imeripotiwa na AI

Abelardo de la Espriella won the presidential runoff with 49.66% of the vote against 48.70% for Iván Cepeda, according to the official preliminary count by the Registraduría.

India's macro outlook for 2026 will depend heavily on monsoon performance, according to the latest NSE data. The report also notes a younger and more dispersed investor base alongside concentrated trading activity.

19 Mwezi wa sita, 2026 Imeripotiwa na AI

Bitcoin slipped below $63,000 on Friday amid a broader selloff in risk assets, erasing earlier gains linked to an Iran deal that eased oil supply concerns.