Indian IT stocks have felt pressure recently as global developments in artificial intelligence spark fresh concerns among investors. News of China ramping up its AI innovation, coupled with new product launches from international AI platforms, has triggered a wave of sentiment-driven selling in the sector. Speaking to ET Now, Sushovan Nayak from Anand Rathi highlighted […]
India’s leading IT services companies may continue to prefer share buybacks over higher dividends, even after recent tax changes announced in the Union Budget, according to market expert Sushovan Nayak from Anand Rathi Institutional, who believes the revised framework makes buybacks more efficient for both companies and many shareholders. Speaking to ET Now, Nayak said […]