One need to consider the forced selling by ETFs and MFs those track Nifty 50.
I don’t know at what price it will list, but I’m pretty sure of selling. The valuation comparison among the hotel Industry after listing is a good exercise for entry.
Posts tagged All News
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (25-11-2024)
Global steel production increases 1% in October (25-11-2024)
India’s output went up by 1.7 per cent
Concord Control Systems – An SME railway stock (25-11-2024)
It’s written CONCOR ( Container Corporation of India ) will be the biggest beneficiary and not Concord Control.
Stock market update: Nifty Bank index 2.1% (25-11-2024)
The Nifty Bank index closed 2.1 per cent at 52207.50.
PM Modi not speaking at Constitution Day event, Opposition reacting without knowing arrangement: Rijiju (25-11-2024)
Union Minister Kiren Rijiju clarified that Prime Minister Modi will not address the Constitution Day event, contrary to some Opposition parties’ assumptions. President Murmu will lead the celebrations in the old Parliament complex, joined by the Vice President, PM Modi, and Lok Sabha Speaker. Rijiju emphasized the event’s significance as a national celebration transcending politics.
Generative AI- Boon or Bane for Indian IT Companies? (25-11-2024)
I think GenAI is set to reshape the IT industry in ways we’ve never seen before. For smaller IT companies, it’s a game-changer. With automation taking over repetitive tasks, these firms can operate more efficiently, offer highly customized solutions, and compete with the big players without needing massive manpower or budgets. It levels the playing field, giving them a real shot at capturing market share and carving out niches where agility and innovation matter most.
For giants like TCS and Infosys, though, I see a storm brewing. These companies have relied heavily on legacy services and workforce-intensive projects for decades, but GenAI is disrupting that model. Automation will shrink the demand for traditional outsourcing, and clients may start keeping tasks in-house with the help of AI tools. Plus, with smaller players able to deliver competitive services at lower costs, the pricing power of these giants will inevitably take a hit.
In my view, the big IT firms need to act fast. They’ll have to re-skill their massive workforces to align with this AI-driven world, develop proprietary GenAI solutions to differentiate themselves, and pivot toward consulting and strategy roles where human expertise still has an edge. The future of IT is no longer just about scale—it’s about adaptability and innovation. Those who embrace this shift will thrive, and those who don’t could find themselves left behind.
Wrote my detailed thoughts here:
Zomato shares rise over 7% on Sensex entry, replacing JSW Steel (25-11-2024)
Zomato’s Sensex entry follows the stock’s inclusion in the futures and options (F&O) segment. Zomato is also expected to be added to several other indices
Stock market update: Nifty Pharma index 0.98% (25-11-2024)
The Nifty Pharma index closed 0.98 per cent at 22177.05.