Sridhar Vembu, chief scientist at Indian SaaS major Zoho Corporation, believes the current boom around artificial intelligence (AI) bears clear parallels with the dot-com bubble of the late 1990s. He argues that the hype is beginning to cool and that the real value will emerge only once the frenzy subsides.
India’s data-centre capacity has surpassed 1.5 gigawatts (GW) as of September 2025, with approximately 260 megawatts (MW) added in the first nine months of the year, reaffirming the country’s rapid digital infrastructure expansion.
NIFTY OUTLOOK: 25875.80 FII -1750.03 cr DII 5127.12 cr
As discussed yesterday, market behaviour remained on the expected lines during the day, as buying interest and continuation of the positive trend took the Nifty rally up to 25934.55
Elitecon International posted stellar H1FY26 results with consolidated revenue of Rs.3735 cr. and PAT of Rs.207 cr. A large-cap tobacco player showing multifold earnings growth. Keep track.
The Dow Jones Industrial Average surged 1.18% to close at a record 47,927.96 points on Tuesday, driven by growing expectations of an end to the U.S. government shutdown.
Gold prices climbed for a fourth consecutive session as a weaker U.S. dollar and increasing expectations of a rate cut by the Federal Reserve boosted investor interest in the precious metal.
The US dollar slipped on Wednesday after private-sector employment data pointed to signs of weakness in the labour market, fuelling speculation that the Federal Reserve may cut interest rates in December.
Tata Steel is expected to report a consolidated revenue increase of about 2% year-on-year in Q2 FY26, according to an average of six brokerages.
Mutual funds in India are facing increased scrutiny from investors and market watchers over their aggressive participation in recent IPOs. The calls follow a string of high-profile issues where post-listing performance has fallen short of expectations, triggering questions about whether fund houses applied sufficient diligence when backing these offerings.
Shares of Groww’s parent company, Billionbrains Garage Ventures Ltd, made a commendable market debut, listing at Rs 114 on the BSE (14 % above the issue price of Rs 100) and Rs 112 on the NSE (12 % above). Despite the strong listing, analysts suggest that investors who were allotted shares should hold on rather than immediately book profits.
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