Whalesbook
Global Market Da Sankat Te IT Sector
GIFT Nifty futures nu dekhde hoye lagda hai ke Indian stock market aj neevi khulihaat (subdued start) karega. Pishli vaar US indices vich badi giravat aayi si, jisme Dow Jones 1.66%, Nasdaq 1.13%, te S&P 500 1.04% tutt gaye. Iss mandai da sab ton vadda asar tech sector te paya hai, jadon ke Infosys ADRs 5% te Wipro ADRs 3% digg gaye.
AI Di Chinta Ne Vadhaya Sankat
Analysts nu chinta hai ke Artificial Intelligence (AI) IT services de business model nu 'structurally change' kar sakdi hai. Iss layi, brokerage firm Jefferies ne Infosys, TCS, te HCL Technologies jehe stocks nu 'Buy' ton 'Hold' ya 'Underperform' kar dita hai, q k AI de karan earnings vich giravat da khatra hai. Isda asar Nifty IT index te vi dikheya, jo lagbhag 1.4% tutt gaya. Halaan ke Infosys da P/E ratio lagbhag 19.03-19.59x te Wipro da 16.58-16.9x chal reha ae, jo pehle de average de aas-paas hai, par AI vich research te development (R&D) vich kami long-term khatra ban sakdi hai.
FIIs Ne Bhari Khareedari, DIIs Savdhaan
Ajeeb gall ae ke jadd market vich itni mandhi hai, Foreign Institutional Investors (FIIs) ne ₹3,483 crore di bhari kharidari kiti. Isde bilkul ulta, Domestic Institutional Investors (DIIs) ne ₹1,292 crore de share viche. Eh vikhonda hai ke bahari niveshak turant de IT sector de sankatan nu nazarandaz kar rahe ne, jadon ke deshi niveshak zyada savdhaan nazar aa rahe ne.
Rupee Da Girda Rate Te IT Companies
Indian Rupee vi kamzor ho reha hai. USD/INR 90.6920 te pahunch gaya hai, jo pichhle 12 mahineyan ch 4.67% da giravat hai. IT sector jehi export-oriented companies layi, rupee da kamzor hona faydemand ho sakda ae, q k is naal foreign currency earnings nu zyada rupees milde ne. Udaaharan de taur te, Infosys ne dassya ke currency da fayda unhan de margins nu 60 basis points vadhaya si.
Kuj Sectoran Vich Tezi
Par kujh sectors vich tezi bhi dekhan nu mili. Infrastructure stocks 2.93%, alcoholic beverages 1.79%, te tea and coffee 1.44% vadhe. Gold prices vich vi tezi bani rahi.
Bhavikhi Halchal Te Khatre
AI di chinta IT sector de business model layi ek vadha structural risk ae. Analysts kehnde ne ke AI labour-intensive contracts nu khatam kar sakda ae te margins nu ghat kar sakda hai. FIIs di kharidari te DIIs di bikri vicho saaf disda ae ke domestic investors zyada savdhaan ho rahe ne. Aggeyan da outlook milaya-juleya lag reha hai, jo AI adoption te isde asar te nirbhar karega.