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Mayuresh Joshi, Head Equity, Marketsmith India, says valuations of IT stocks may be expensive but they continue holding a few stocks like Coforge, Infosys, Persistent in their global portfolios. Also, within the Adani group, Adani Ports is one stock that investors can keep on the watch list. The IT sector is taking quite a bit of beating today. Infosys is down 3.5%. L&T Tech is down over 3%. HCL Tech, Tech Mahindra have run up quite a bit in the last three to four months, but what is the expectation from hereon on IT? Mayuresh Joshi: Two things are happening here. One, from a results perspective, a large part of the midcap IT basket has performed really well. So, even on a higher base, the expectation in terms of how revenue growth will be in constant currency terms was very stable. The margins were very stable and the commentaries were surprisingly very robust over the next few months and quarters as well.

Adani stocks will be in focus on Friday after reports suggested Indian banks are reevaluating their exposure to the conglomerate. This follows charges of bribery and fraud filed by U.S. prosecutors against Chairman Gautam Adani and others. Public sector banks, including the State Bank of India (SBI), Bank of India, and Union Bank of India, are leading the review, with private lenders such as ICICI Bank, Canara Bank, IDBI Bank, and RBL Bank also involved, according to a Reuters report.

Overseas investors are finding opportunities in India despite record outflows from local shares last month, signaling potential in specific sectors. Industrials, health-care and telecommunication stocks have drawn net inflows of about $3 billion each this year through Nov. 15, according to data from the National Securities Depository Ltd. That’s in contrast to overall withdrawals of over $2 billion in the period, following an unprecedented wave of selling in October.

Royal Challengers Bangalore (RCB) announced their 22-player squad for the 2025 Indian Premier League (IPL) following this week's auction. However, the team's captaincy remains undecided. While there's no official announcement, speculation points towards Virat Kohli, RCB's former long-term captain, returning to the leadership role. Kohli stepped down after the 2021 season. Former RCB player AB de Villiers hinted at Kohli's potential return on his YouTube channel. “I don't think it has been confirmed yet, but he will be the captain, I think, looking at the squad,” de Villiers said. Other potential captaincy candidates within the squad include Bhuvneshwar Kumar and Krunal Pandya. Kumar has served as interim captain for Sunrisers Hyderabad, while Pandya captains Baroda in domestic cricket. Neither has led a full IPL season.

Subscribe to enjoy similar stories. The relief rally fizzled out sooner than expected. The heaviest selling by foreign investors in more than three weeks, amid rising US bond yields and a strengthening dollar, brought the markets crashing more than 1.5% on Thursday, leaving investors poorer by ₹1.55 trillion.

Subscribe to enjoy similar stories. The Indian Institutes of Technology (IIT) are set to witness a scramble for talent beginning Sunday, as some of the world's top artificial intelligence and algo trading firms arrive to snap up their best and brightest. Some of the top offers this year are close to a couple of crores, placement cell executives said, as the older IITs get ready to kick off their annual placement season.

Netflix. The show has also been renewed for fourth season. Ginny & Georgia season 2 was released on January 5, 2023. The second season was also nominated for Primetime Emmy. Meanwhile, the filming for Ginny & Georgia season 3 was concluded in September. While Netflix is yet to announce the Ginny & Georgia season 3 release date, the show is likely to premiere in Spring 2025, as per a report on WhatsOnNetflix.

US Vice President Kamala Harris eventually faced significant challenges in publicly breaking from US President Joe Biden which was a decision eventually driven by her loyalty to his administration, reported The Hill. Senior adviser Stephanie Cutter explained that Kamala Harris wanted to avoid the negative media narratives that could arise from openly criticizing Joe Biden. According to The Hill, Kamala Harris actually maintained that US Vice Presidents traditionally do not diverge from their Presidents while citing recent historical examples, such as Mike Pence's break with Donald Trump following the Capitol riot. In spite of public perception that she might be a candidate for change, Kamala Harris struggled to articulate specific differences between her policies and those of Joe Biden. The Hill noted that in an interview on ‘The View’, when asked what she would have done differently from Joe Biden, she could not identify any significant change which was the statement that was later exploited by Donald Trump during his campaign rallies.

recent Emerson Polling survey conducted in the month of November revealed that US Vice President Kamala Harris leads among the Democrats with 37% support for the 2028 US Presidential nomination, reported Independent. California Governor Gavin Newsom follows with 7% while Transportation Secretary Pete Buttigieg garners around 4%. According to Independent, among the Republicans, US Vice President- elect JD Vance has 30% support while Florida Governor Ron DeSantis and Vivek Ramaswamy receiving more than 5%. Pollsters did not provide pre-written options; instead respondents filled in their choices which allowed for a broader range of potential candidates, including figures like Rep. Rashida Tlaib and former First Lady Michelle Obama, asserted Independent. Kamala Harris is reportedly contemplating her political future while considering a gubernatorial run in California or another Presidential bid.

space station is unpacked. When a Russian spacecraft docked at the International Space Station over the weekend, astronauts noticed a strange odour emanating from the spacecraft and immediately closed the hatch, only to open it again on Monday, as quoted in a report by Fox Weather. On November 21, the Progress supply mission, which brought supplies for the crew of the space station, took off from Kazakhstan's Baikonur Cosmodrome. At 9:31 a.m. ET on Saturday, the spacecraft docked at the Russian Poisk module, according to NASA. NASA claims that after opening the Progress hatch, the Roscosmos cosmonauts detected an unexpected odour and observed small droplets. The remainder of the Russian segment was sealed off, and the hatch was closed.

Belaganj assembly by-election in Bihar, the JDU has started early preparations for the assembly polls next year. Besides the JDU, the BJP won two seats and Hindustani Awam Morcha retained one seat, making it a clean sweep for the National Democratic Alliance (NDA). All four seats fall in the Magadh-Shahabad belt of Bihar where the NDA had not been able to perform well since the 2020 assembly election. Earlier Janata Dal and since 1990, the RJD had been winning the Belaganj seat. JDU candidate Manorma Devi's victory in the by-election marked the first time in 34 years that a party other than the RJD won the seat. «This victory is significant as we have defeated RJD in their stronghold and have gained ground in Magadh and Shahabad region. The vote transfer among the NDA allies has been smooth and it has solidified in people's minds ahead of the assembly polls,» JDU general secretary and state minister Ashok Choudhary told ET.

Cyber Monday 2024 is shaping up to be a highlight of the year for online shoppers. This much-anticipated event offers exclusive online discounts, continuing the shopping frenzy initiated on Black Friday. With just days to go, consumers are gearing up for another round of incredible deals.

Russia's new hypersonic missile, hours after Moscow pummelled Ukraine's energy grid in an attack that left a million people without power. With Russia firing more than 90 missiles and around 100 drones during the barrage, according to Kyiv, Ukrainian President Volodymyr Zelensky urged his allies to give a firm response to what he dubbed Russian «blackmail». Putin said the fresh bombardment was a «response» to Ukrainian strikes on his territory with Western missiles.

Social media users were taken aback by Vice President Kamala Harris' first video address to her supporters following the election on Tuesday. In the video, which was posted by the official X account of the Democratic Party, Harris addressed supporters who were disheartened by the most recent election.

Hindustan Aeronautics Limited (HAL), DK Sunil, is visiting Russia ahead of defence minister Rajnath Singh's Moscow visit from December 8-10. Sunil is in Russia reportedly for clinching a deal for licensed manufacturing of 240 AL-31FP aero engines for Su-30MKI fighter jets presently in service with the Indian Air Force. The twin-engine Su-30MKI are due for upgrade to enhance their operational lives. Recently, HAL secured a contract worth ₹26,000 crore (about $3.1 billion) for the supply of 240 AL-31FP engines for Su-30MKI fighter jets, which are integral to India's air force fleet.

US Vice President Kamala Harris revealed that their internal polling never indicated that she was leading US President- elect Donald Trump during her US Presidential campaign, in spite of public polls suggesting otherwise, reported USA Today. David Plouffe, who is a key campaign adviser, expressed surprise at the discrepancy while stating that their internal data consistently showed Kamala Harris trailing Donald Trump. According to USA Today, David Plouffe noted that while public polls in late September and early October portrayed a competitive race, the campaign was aware of its challenges, specifically after US President Joe Biden dropped out in the month of July. Also Read: Sarah Michelle Gellar hints at legacy sequel for ‘I Know What You Did Last Summer’ | Release date update

Zee Entertainment have rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company. The filing by Zee Entertainment Enterprises Ltd (ZEEL) stated that the resolution for the reappointment of Goenka was defeated in the annual general meeting (AGM) of the company. Resolution number three in the AGM, which proposed the reappointment of Goenka as director, was supported by only 49.54 per cent of the total number of votes cast while 50.4 per cent voted against the resolution. «Resolution No. 3 (Goenka's reappointment) failed to get the requisite majority of votes as required under the provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,» ZEEL said.

Devendra Fadnavis, Shiv Sena's Eknath Shinde and Nationalist Congress Party's Ajit Pawar on Thursday met Union Home Minister Amit Shah to discuss sharing of cabinet berths. Shah and BJP chief JP Nadda met with Shinde at Shah's residence before the meeting with Fadnavis and Pawar. The three of them met for around twenty minutes. While Shah was meeting Shinde, Fadnavis was meeting NCP leaders Ajit Pawar and Praful Patel at their party MP Sunil Tatkare's residence.

Godrej Enterprises Group (GEG) will intensify its focus on exports to strengthen its global presence, while continuing to aggressively pursue growth in both consumer and industrial businesses within India, its chairman Jamshyd Godrej said in an exclusive interaction with ET on Thursday. «We would like to deepen whatever we do in appliances and furniture as well as in our industrial group… We do see a good amount of growth in export-both for our consumer-facing goods as well as our industrial group,» Godrej said. «We are actively expanding into new markets like automotive, warehousing, security and aerospace. Despite geopolitical challenges, we remain committed to sustained growth through diversification and geographic expansion,» he added. The group's exports have steadily increased to ₹139 crore in FY24 and are projected to grow at a compound annual growth rate (CAGR) of 20-25% till FY27, Godrej said. «Our strong international presence, primarily in the PED (process equipment division) business, drives this growth,» he said.

Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying

Flexible workspace provider Incuspaze is in discussions to raise a $25 million pre-IPO round as it prepares for a public listing next year. The company had recently secured $8 million (about '67 crore) in funding. «Incuspaze plans to acquire another 2 million sq ft by investing '100 crore by the end of December 2025. On the back of growing demand for flex spaces, Incuspaze is focusing on the development of new centres across Delhi-NCR, Pune, Bengaluru and Hyderabad,» said a person aware of the development.