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Indian IT stocks saw a boost after a large-cap firm upgraded its FY26 revenue guidance. However, experts remain cautious, viewing the sector as mature with limited high-growth potential. While some see IT as a quasi-cash substitute for expensive sectors like FMCG, valuations are considered stretched.
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Donald Trump's stand-off with the US central bank has recalled episodes in other countries - which ended badly for the economy.
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Angel One share price: On Friday, shares of Angel One soared as the company released its third-quarter earnings report, which highlighted a slight 4% year-over-year decline in net profit. Nevertheless, investor enthusiasm surged after the board announced an interim dividend of Rs 23 per share, coupled with an eye-catching 1:10 stock split.
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